By Sadiq Umar On Wednesday, November 24th, 2021
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ABP: CBN Disburses N864bn To 4.1m Farmers Cultivating 5.02m Hectares

News Investigators/ The Central Bank of Nigeria (CBN) says it has so far disbursed N864billion to 4.1 million farmers to cultivate 5.02 million hectares of land under its Anchor Borrowers’ Programme (ABP) since More...

By Alaba Ajiba On Tuesday, November 16th, 2021
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4th Economy Forum: Bloomberg Convenes 50 African Delegates In Finance, Other Sectors

News Investigators/ The fourth Bloomberg New Economy Forum kicked off on Tuesday in Singapore, convening over 495 participants in both physical and virtual gatherings. This is contained in a statement by, Ian More...

By Sadiq Umar On Thursday, October 28th, 2021
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E-Naira’ll Not Affect Commercial Banks’ Deposits – Adedipe

News Investigators/ A financial consultant, Biodun Adedipe said the e-Naira introduced by the Central Bank of Nigeria (CBN) would not affect deposits of commercial banks. Mr Adedipe said this at the National More...

By Sadiq Umar On Friday, September 24th, 2021
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AfCFTA: SON Charges Electrical Dealers On Quality

News Investigators/ The Standards Organisation of Nigeria (SON) has tasked electrical dealers to uphold the highest quality standards for them to benefit from the African Continental Free Trade Agreement (AfCFTA).The More...

By News Investigators On Thursday, September 23rd, 2021
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FG Adamant, Says Collection Of VAT By FIRS Remains

News Investigators/ The Federal Government says the Federal Inland Revenue Service (FIRS) will continue to collect Value Added Tax (VAT) following the ruling of the Court of Appeal on the matter. The Attorney-General More...

By Alaba Ajiba On Thursday, September 23rd, 2021
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E-Naira Hits Market October -Official

News Investigators/ The director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed, on Wednesday said the apex bank has concluded plans to launch the Central Bank Digital Currency (CBDC) More...

By Sadiq Umar On Friday, September 3rd, 2021
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Osinbajo Charges AU Member States On AfCFTA Protocols

News Investigators/ Nigeria’s Vice-President, Yemi Osinbajo has called on African Union (AU) member states to ratify and implement protocols on free movement of persons, right of residence and right of establishment. These More...

By Sadiq Umar On Thursday, August 19th, 2021
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U.S. Freezes Billions In Afghan Currency Reserves

News Investigators/ The U.S. Government froze Afghanistan government reserves held in US bank accounts as the Taliban rolled into the capital of Kabul, according to a report on Thursday. The move is an attempt More...

By Sadiq Umar On Friday, July 2nd, 2021
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SEC Approves 7 NGX’s Derivatives Contracts

News Investigators/ The Nigerian Exchange (NGX) Limited has announced that it has received approval for seven derivatives contracts from the Securities and Exchange Commission (SEC) on June 28. The NGX Chief More...

By Sadiq Umar On Friday, July 2nd, 2021
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GDP Growth Projected At 4.2% In 2022 –FG

News Investigators/ The Federal Government has projected a rise to 4.2 per cent of the country’s Gross Domestic Product (GDP) in 2022. The Minister of Finance, Budget and National Planning, Zainab Ahmed said More...

By Alaba Ajiba On Thursday, June 3rd, 2021
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Process Of Abandoning Dollar Use Visible –Kremlin

News Investigators/ Kremlin spokesman Dmitry Peskov has said that the process of abandoning the use of the dollar is visible. Peskov said this when asked about the decision to reduce the share of the dollar More...

By News Investigators On Friday, May 14th, 2021
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China’s Commerce Minister Pledges Better Service For Foreign Enterprises

News Investigators/ China’s Minister of Commerce, Wang Wentao, has pledged to enhance communication with foreign enterprises and chambers of commerce and provide better service. Mr. Wentao made the remarks More...

By Sadiq Umar On Friday, April 30th, 2021
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Reinstating First Bank’s Adeduntan ‘ll Boost Investor Confidence – Okunrounmu

News Investigators/ A former Director, Budgeting Department, Central Bank of Nigeria (CBN), Titus Okunrounmu, has commended the apex bank for reinstating Adesola Adeduntan as Managing Director of First Bank Nigeria More...

By Sadiq Umar On Thursday, April 29th, 2021
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Access Bank Profit Before Tax Increases By 30% In Q1

News Investigators/ Access Bank Plc has posted a profit before tax (PBT) of N60.1 billiion, representing an increase of 30 per cent for the first quarter ended March 31. The Chief Executive Officer of the group, More...

By Sadiq Umar On Wednesday, April 28th, 2021
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Fidelity Bank Announces 53.9% Growth PBT For Q1

News Investigators/ Fidelity Bank Plc has announced a profit before tax of N10.1 billion for the first quarter (Q1) ended March 31, 2021. The bank’s Managing Direcror/Chief Executive Officer, Mrs Nneka Onyeali-Ikpe, More...

By News Investigators On Thursday, April 22nd, 2021
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Nigeria Spends $6.1Bn Yearly On Wheat Importation –WFAN

News Investigators/ The Wheat Farmers Association of Nigeria (WFAN) says about $6.1 billion is spent yearly to import wheat into Nigeria. The President of the association, Salim Muhammad, made this known at More...

By Sadiq Umar On Friday, April 2nd, 2021
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Senate Wants FG’s Dividend Share In BoI Increased To 20 Percent — Sen. Adeola

News Investigators/ The Senate has urged the Bank of Industry (BOI) to increase the percentage of dividends accruing to the Federal Government, even after it had paid an N8.2 billion dividend to the Central Bank More...

By Sadiq Umar On Friday, April 2nd, 2021
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Access Bank Posts Gross Earnings Of N764.7bn For 2020, Extends African Footprint — MD

News Investigators/ Access Bank Plc has declared gross earnings of N764.7 billion for the financial year ended Dec. 31. 2020, in spite of the challenging economic and regulatory landscape. The bank said, in More...

By News Investigators On Friday, March 26th, 2021
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NSE Moves 250.92m Shares Worth N2.79bn In Negative Trading

News Investigators/ The Nigerian Stock Exchange on Friday moved 250.92 million shares valued at N2.79 billion in 3,746 deals in a negative trading. The volume of shares traded improved by 9.37 per cent when More...

By News Investigators On Wednesday, March 24th, 2021
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Crude Price Rises Amid Fears Of Slow EU, US Demand Recovery

News Investigators/ Oil prices rose more than one per cent, on Wednesday, as investors sought bargains following the previous day’s slump. But the recovery was stunted by fears of a slow recovery in demand More...

By News Investigators On Tuesday, March 23rd, 2021
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FG To Support MSMEs With $1bn Syndicated Loan —Trade minister

News Investigators/ The Bank of Industry (BoI), under the supervision of the Ministry of Industry, Trade and Investment, has secured a $1 billion syndicated loan to support Micro, Small and Medium Enterprises (MSMEs) More...

By Sadiq Umar On Tuesday, March 16th, 2021
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Inflation Rises By To 17.33% In February –NBS

News Investigators/ The National Bureau of Statistics (NBS), says the inflation rate increased in February by 0.86 per cent to 17.33 per cent from 16.47 per cent recorded in January. The NBS said this in its More...

By News Investigators On Thursday, February 25th, 2021
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Africa Remains Attractive Business Destination –Former Guinness MD

News Investigators/ A former Managing Director, Guinness Nigeria Plc, Seni Adetu, says Africa as an emerging market remains an attractive business destination.This, according to him, follows the level of accelerated More...

By News Investigators On Tuesday, February 16th, 2021
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WTO: OPEC Hails Okonjo-Iweala Appointment

News Investigators/ The Organisation of Petroleum Exporting Countries (OPEC), has congratulated Ngozi Okonjo-Iweala, on her appointment as the Director-General of the World Trade Organisation (WTO). The OPEC More...

By News Investigators On Friday, February 12th, 2021
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Valentine: Access Bank Unveils Offers To Celebrate Customers

News Incestigators/ Access Bank has unveiled series of offers to celebrate its customers to mark 2021 Valentine season with a campaign tagged ‘It’s a Love Thing.’ Mr Victor Etuokwu, the bank’s Executive More...

By News Investigators On Tuesday, February 9th, 2021
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Total To Change Name To TotalEnergies Under Transformation Strategy

News Investigators/ France’s oil company, Total, said on Tuesday that it intended to change its name to TotalEnergies, as part of the general strategy to reach net zero emissions. Total noted that year 2020, More...

By News Investigators On Monday, February 8th, 2021
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Cryptocurrency Ban: Experts Optimistic Of Stock Market Rebound

News Investigators/ Capital Market experts on Monday expressed optimism that the ban on cryptocurrencies by the Central Bank of Nigeria (CBN) would likely trigger enhanced activities in the nation’s stock market. They More...

By News Investigators On Thursday, January 28th, 2021
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Airtel Commences NIN Registration In Retail Outlets Across Nigeria

News Investigators/ Airtel Nigeria, a telecommunications service provider on Thursday says it has commenced the National Identity Number (NIN) registration exercise in its retail outlets across the country. Airtel More...

By News Investigators On Thursday, January 28th, 2021
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Toyota Beats Volkswagen In 2020 Global Car Sales

News Investigators/ Toyota Motor sold more vehicles worldwide than Volkswagen in 2020, dethroning the German rival as the world’s largest carmaker for the first time in five years, results showed on Thursday. This More...

By Sadiq Umar On Tuesday, January 5th, 2021
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ABCON Tasks CBN On FOREX Stability In 2021

News Investigators/ The Association of Bureaux De Change Operators of Nigeria (ABCON), on Tuesday, urged the Central Bank of Nigeria (CBN) to continue to stabilise the foreign exchange rates for economic growth. ABCON More...

By Sadiq Umar On Tuesday, November 17th, 2020
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FG Suffers 60% Revenue Loss, Amidst Low Oil Prices, Poor FIRS Receipts

News Investigators/ Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, says Federal Government’s earnings, from oil and non-oil sectors coupled with low revenue receipts from the Federal More...

By News Investigators On Friday, November 13th, 2020
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NSE Records First Week Loss, Down 0.86%

News Investigators/ The Nigerian Stock Exchange (NSE) on Friday recorded its first loss for the week, dropping by 0.86 per cent due to profit taking. Specifically, the market capitalisation lost N159 billion More...

By News Investigators On Friday, November 13th, 2020
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UBA Unveils Products To Drive Retail Banking

News Investigators/ The United Bank for Africa (UBA) Plc, on Friday in Lagos, committed to delivering superior and innovative banking solutions to its over 20 million customers around the 20 African countries where More...

By News Investigators On Thursday, October 29th, 2020
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AfCFTA: Stakeholders Say Access To Finance, Information Biggest Challenges For African Businesswomen

News Investigators/ Advocates of women entrepreneurs have identified inadequate finance and information as topmost challenges among the leading Non-Tariff Barriers (NTBs) facing African businesswomen. The advocates More...

By News Investigators On Monday, September 21st, 2020
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NCC Set To Review Cost Of International Voice Calls Services

News Investigators/ The Nigerian Communications Commission (NCC) is set to commence a cost-based review to determine new pricing regime for mobile International Termination Rate (ITR) for inbound international More...

By News Investigators On Thursday, September 10th, 2020
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EU Lacks Unity To Mitigate Chinese Investment Risks –Report

News Investigators/ The European Union (EU) lacks strategic and unified approach to Chinese investment among members, to effectively mitigate risks, such as becoming overly indebted to a strategic competitor, an More...

By Sadiq Umar On Tuesday, July 28th, 2020
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Nigeria Stock Market Loses N70bn, Amid Losses By Blue Chips

News Investigators/ The nation’s bourse returned to negative territory on Tuesday with the market capitalisation shedding N70 billion due to losses by some blue chips. The market capitalisation was down 0.54 More...

By News Investigators On Friday, June 5th, 2020
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2030 Agenda: NSE Boss Urges West Africa To Embrace Green Bond Finance

News Investigators/ The Nigerian Stock Exchange (NSE) on Friday urged West African countries to shift and scale up green bond finance and investment to meet the ambitious goals of 2030 agenda and Paris Agreement.NSE More...

By News Investigators On Sunday, May 17th, 2020
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Full Economic Recovery May Require Coronavirus Vaccine, Says U.S. Federal Reserve Chief

News Investigators/ A full U.S. economic recovery might require a coronavirus vaccine and could take more than a year, Federal Reserve chairman Jerome Powell said on Sunday. “In the long run and even in the More...

By News Investigators On Sunday, May 17th, 2020
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Debtors Africa, Proshare, Unveil Searchable Database On Delinquent Debtors

News Investigators/ Debtors Africa, in partnership with Proshare, have launched an independent searchable database of recalcitrant and delinquent debtors in Africa. They also launched Debtors Report.Debtors More...

By News Investigators On Tuesday, May 5th, 2020
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COVID-19: CreditRegistry Offers Free N25m Credit To Lenders

News Investigators/ CreditRegistry, a credit bureau, says it is offering lenders free usage of its premium credit reporting service to cushion the effects of COVID-19 pandemic on businesses. CreditRegistry, More...

By News Investigators On Tuesday, May 5th, 2020
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COVID-19: Ramaphosa, Sirleaf Laud AfDB’s Adesina For Visionary Leadership

News Investigators/ South Africa’s President, Cyril Ramaphosa and former Liberian President, Ellen Sirleaf have commended Akinwumi Adesina, President of the African Development Bank (AfDB), for his visionary More...

By Sadiq Umar On Sunday, May 3rd, 2020
0 Comments

(Updated)CBN Halts Hubert Nwigwe’s Plan To Lay-Off Access Bank Workers

News Investigators/ The planned sack of workers by the Access Bank Plc has been put on hold by the Central Bank of Nigeria (CBN) and the Bankers’ Committee. The CBN decision is coming on the heels of announcement More...

By News Investigators On Wednesday, January 29th, 2020
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Macroeconomic Dev Fear Grips Nigerian Businesses -Survey

News Investigators/ Palpable concern about risks in macroeconomic developments rises from #9 to #1 in Nigeria as the economy showed no sign of acceleration in Q3, Allianz Risk says in its 2020 report. The survey More...

By Alamin Khaliel On Thursday, December 19th, 2019
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Stanbic IBTC Wins CIPM Awards

(NEWS INVESTIGATORS) Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has received double honours at the HR Best Practice Awards organised by the Chartered Institute of Personnel Management More...

By Alamin Khaliel On Thursday, December 19th, 2019
0 Comments

FirstBank Reaffirms Support For Small Businesses

(NEWS INVESTIGATORS) First Bank of Nigeria Ltd says it will sustain continued support for small businesses to ensure economic growth and development. Mrs Folake Ani-Mumuney, Group Head, Marketing & Corporate More...

By Shaban Akanbi On Sunday, December 1st, 2019
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Policy Dialogue Participants Calls For Property Tax Implementation

Participants at the monthly Policy Dialogue on the Next Level in Abuja have urged the Federal Government to introduce property tax towards generating necessary funds for its critical projects. In a resolution More...

By Shaban Akanbi On Saturday, November 30th, 2019
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P&ID: Nigeria Secures Variation Of UK Court Order

Nigeria has succeeded in securing variation of the UK court order from cash payment of 200 million dollars security to issuing bank guarantee of the same amount in respect of the P&ID scam. Abubakar Malami, More...

By News Investigators On Thursday, November 28th, 2019
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Oil Price Falls Amid US, China Tensions

(News Investigators)/ Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose and President Donald Trump signed into law a bill backing protesters in Hong Kong, More...

By Shaban Akanbi On Monday, November 25th, 2019
0 Comments

Air Pollution Causes Lung Cancer In Non-Smokers

Dr Ray Osarogiagbon, Director, Multidisciplinary Thoracic Oncology Programme, Baptist Cancer Centre, Memphis, Tennessee, in the U.S., has warned that air pollution contributes to high rate of lung cancer deaths More...

By Shaban Akanbi On Saturday, November 23rd, 2019
0 Comments

Jeremy Corbyn To Ensure Coy Pay Fair Share

Jeremy Corbyn has vowed to stop multinational companies offshoring their tax bills to places with “lower tax regimes” with measures to force them to pay their fair share in the UK. The Labour leader More...

By Shaban Akanbi On Thursday, November 21st, 2019
0 Comments

NEITI Partners EFCC On Corruption Fight

The Nigeria Extractive Industries Transparency Initiative (NEITI) says it will sign a Memorandum of Understanding (MoU) with the Economic and Financial Crimes Commission (EFCC) to strengthen effort in fight against More...

By Alamin Khaliel On Wednesday, November 20th, 2019
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Proposed Bank Strike: Stakeholders Call For Dialogue To Avert Plan

(NEWS INVESTIGATORS) Some financial experts and stakeholders have appealed to bank unions’ to dialogue with their employers to forestall the proposed operation shut down of banks by Jan. 2. The Association More...

By News Investigators On Tuesday, November 19th, 2019
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Ghana’s Springfield Oil Discovery Is Historic For Local Content In Africa

(News Investigators)/ The soon-to-be-announced deep water oil discovery offshore Ghana by independent Springfield Group is historic for Ghana and Africa’s local content. Not only does it mark the first deep water oil More...

By Shaban Akanbi On Monday, November 18th, 2019
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Jack Ma Awards $1m To 10 Entrepreneurs

The Jack Ma Foundation at its first annual Africa Netpreneur Prize Initiative (ANPI) grand finale  awarded $1 million in prize money to 10 entrepreneurs from across Africa.The ANPI is a flagship More...

By Shaban Akanbi On Friday, November 15th, 2019
0 Comments

Vantage Capital Exits $18.5m In SA Energy Co

Vantage Capital, Africa’s largest independent mezzanine fund, announced that it successfully exited its $18.5 million mezzanine investment in Genser Energy, a management-owned, independent power producer.  Genser More...

By Shaban Akanbi On Friday, November 15th, 2019
0 Comments

Nigerian Borders Closure Beneficial -Yusuf

An entrepreneur, Alhaji Kamarudeen Yusuf, the Chairman and Chief Executive, Kam Industries has commended the Federal Government for closing the country`s land borders. According to him, the closure will make More...

By Shaban Akanbi On Friday, November 15th, 2019
0 Comments

LASU Adopts Second Stream Programme For Students Entrepreneurship

The second stream undergraduate programme of the Lagos State University (LASU) was introduced to help deepen entrepreneurship skill of students of the institution, the Vice Chancellor, Prof. Olanrewaju Fagbohun, More...

By Shaban Akanbi On Thursday, November 14th, 2019
0 Comments

Accident Bureau Releases Preliminary Reports On Air Peace Incidents

The Accident Investigation Bureau (AIB) has released the preliminary reports on serious incidents involving three Air Peace aircrafts. News Agency of Nigeria (NAN) reports that the Commissioner for AIB, Mr Akin More...

By Shaban Akanbi On Thursday, November 14th, 2019
0 Comments

NNPC Secures $1.16m US Grant For 1,350MW Abuja Power Plant

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a 1.16 million dollar grant as part funding for the NNPC-Abuja More...

By Shaban Akanbi On Thursday, November 14th, 2019
0 Comments

NAHCO Records N7.38bn Revenue

The Nigerian Aviation Handling Company Plc (NAHCO Aviance) says it has recorded a gross revenue of N7.38 billion for the nine months ended Sept. 30. The company also said the figure was N241.3 million higher More...

By Alamin Khaliel On Thursday, November 14th, 2019
0 Comments

Financial Inclusion: Fidelity Rewards Customers With N15m

(NEWS INVESTIGATORS) Fidelity Bank Plc on Wednesday flagged off the maiden edition of its Get Alert In Millions (GAIM) Season 4 savings promo draw in Ibadan, Oyo State, splashing 13 customers across the nation More...

By Shaban Akanbi On Wednesday, November 13th, 2019
0 Comments

Reps C’ttee Asks FIRS To Return N4.6bn To FCT

The House of Representatives Committee on Public Account has asked the Federal Inland Revenue Service (FIRS) to return N4.6 billion which represents two per cent of total tax collected in the Federal Capital Territory More...

By Shaban Akanbi On Wednesday, November 13th, 2019
0 Comments

NNPC Urges Unadulterated Products To Motorists

The Group Managing Director of  Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has tasked the board  and  managementg of  NNPC Retail Limited to ensure the delivery of unadulterated More...

By Shaban Akanbi On Monday, November 11th, 2019
0 Comments

Locally Produced Pencils To Save Nigeria $2.4bn

An entrepreneur, Mr Muideen Ibrahim, says locally-produced pencils will save the country over $2.4 billion (N734.4 billion) if encouraged and supported by the Federal Government with enabling policies. Ibrahim, More...

By Shaban Akanbi On Monday, November 11th, 2019
0 Comments

Lagos Calls For Wholesome Meat For Residents

Mr Gbolahan Lawal, Lagos State Commissioner for Agriculture, has urged franchisees operating in the red meat value chain to put in place necessary procedure to deliver wholesome meat fit for human consumption. Lawal More...

By Shaban Akanbi On Monday, November 11th, 2019
0 Comments

Dangote Unveils Rice Mill In Kebbi

Gov. Atiku Bagudu of Kebbi on Sunday commended Dangote Group for setting up a rice mill in the state, saying it would create employment and boost the economy. Bagudu who visited the factory site at Saminaka More...

By Shaban Akanbi On Saturday, November 9th, 2019
0 Comments

Lagos 2020 Budget To Attract Investment -Gov. Sanwo-Olu

Gov. Babajide Sanwo-Olu of Lagos State says the proposed 2020 N1.168 trillion budget will attract private sector investment. Sanwo-Olu said this on Friday while presenting the 2020 Budget to the State House More...

By Shaban Akanbi On Saturday, November 9th, 2019
0 Comments

Nigeria Plans Moving 24m Citizens Out Of Poverty

The Nigeria Governors’ Forum (NGF) and the Federal Government have commenced a Human Capital Development (HCD) plan towards moving 24 million Nigerians out of poverty before 2030. The NGF disclosed this in More...

By Alamin Khaliel On Friday, November 8th, 2019
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World Billionaires Go Poorer, Lose $388bn

World billionaires go poorer, lose $388bn (NEWS INVESTIGATORS) The world’s richest people became a little ‘poorer’ last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile More...

By Alamin Khaliel On Friday, November 8th, 2019
0 Comments

Turmoil, Volatile Market Affects Billionaires Too

(NEWS INVESTIGATORS) The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires More...

By Shaban Akanbi On Friday, November 8th, 2019
0 Comments

Take Advantage Of “Ready, Set, Work”, Sanwo-Olu’s Aide Urges LASU Students

Special Adviser to Lagos State Governor on Education, Tokunbo Wahab, has urged final year students of Lagos State University (LASU) to take advantage of the  “Ready, Set, Work” project for them to be competitive More...

By Shaban Akanbi On Friday, November 8th, 2019
0 Comments

Indonesia’s Lion Air Finds Cracks In 2 737NGs

Lion Air has found structural cracks in two Boeing Co (BA.N) 737 NG planes with fewer flights than a U.S. Federal Aviation Administration (FAA) threshold for checks, Indonesia’s aviation safety regulator said More...

By Shaban Akanbi On Friday, November 8th, 2019
0 Comments

Billionaires’ Wealth Falls For First Time In Decade

The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for the first time More...

By Shaban Akanbi On Friday, November 8th, 2019
0 Comments

Senate Supports $10bn NLNG Investment

The Senate is throwing its full weight behind the 10billion dollars Train seven Project investment in the nation’s gas sector, by the Nigeria Liquefied Natural Gas ( NLNG). It also urged More...

By Shaban Akanbi On Thursday, November 7th, 2019
0 Comments

Senate Orders Probe Into Activities At Lagos Ports

The Senate has mandated its committees on Navy, Marine Transport and Finance to carryout a comprehensive investigation into the activities of Messrs OMLS limited and other security agencies at the Safe Anchorage More...

By Shaban Akanbi On Thursday, November 7th, 2019
0 Comments

Border Closure Has Both Good, Bad Sides

The Lagos Chamber of Commerce and Industry (LCCI) on Thursday said the temporary closure of Nigeria’s land borders by the Federal Government was both good and bad for the economy. Mr Gabriel Idahosa, Vice More...

By News Investigators On Tuesday, November 5th, 2019
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50m Commuters Used BRT In 10 Months, Says MD

(News Investigators)/ The operators of Bus Rapid Transit (BRT) in Lagos, Primero Transport Services Limited, says about 50 million commuters used the BRT in the last 10 months. The Managing Director of the firm, More...

By Alamin Khaliel On Tuesday, November 5th, 2019
0 Comments

Apple Pledges $2.5bn For Affordable Housing In California

(NEWS INVESTIGATORS) Apple says it will direct 2.5 billion dollars toward affordable housing in California, the latest tech giant to pledge money to one of the state’s most pressing problems. The announcement More...

By Shaban Akanbi On Tuesday, November 5th, 2019
0 Comments

NAICOM To Classify Insurance Coy By Service To Customers

The National Insurance Commission (NAICOM) on Monday said insurance companies in the country would henceforth be assessed and ranked based on the quality of their service delivery to customers. Mr Sunday Thomas, More...

By Shaban Akanbi On Monday, November 4th, 2019
0 Comments

FG To Flood Market With Cheaper Rice Before Christmas

The National Food Security Council (NFSC), chaired by President Muhammadu Buhari, will make rice available before the Christmas festivity. The Deputy Chairman of the Council, Gov. Atiku Bagudu of Kebbi, stated More...

By Shaban Akanbi On Monday, November 4th, 2019
0 Comments

RIFAN Will Ensure Self-Sufficiency In Rice

Alhaji Abbas Ramallan, Chairman, Rice Farmers Association of Nigeria (RIFAN), Nasarawa State Chapter, says the association will ensure self sufficiency in rice production in the country. Ramallan, who disclosed More...

By Shaban Akanbi On Monday, November 4th, 2019
0 Comments

McDonald CEO Quits Over Relationship With Employee

McDonald’s chief executive officer has left the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday. The fast food giant said former More...

By Shaban Akanbi On Monday, November 4th, 2019
0 Comments

Nigerian Borders To Remain Closed -Customs

The Nigeria Customs Service (NCS) says the partial border closure will continue until the set objectives are achieved. The customs’ Public Relations Officer, Mr Joseph Attah said this while reacting to the More...

By Alamin Khaliel On Tuesday, October 22nd, 2019
0 Comments

250 Nigerian Businesses for Africa Economic Forum In Sochi

(NEWS INVESTIGATORS) The Presidency says about 250 Nigerian business interests will participate in the African Business Forum, which will bring together African and Russian business leaders in Sochi, Russia, between More...

By Alamin Khaliel On Tuesday, October 8th, 2019
0 Comments

Market Indices Slump Further By 0.45%

(NEWS INVESTIGATORS) Activities on the nation’s bourse resumed for the week on Monday still on negative territory with crucial market indicators dropping further by 0.45 per cent. Specifically, the market More...

By News Investigators On Saturday, October 5th, 2019
0 Comments

FG Restates Commitment To Strengthen Trade Relations With Poland

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo has reiterated Federal Government’s committment to strengthen relationship between Nigeria and Poland in terms of trade, commerce and industrialisation. Adebayo More...

By News Investigators On Thursday, October 3rd, 2019
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Nigeria’s Livestock Industry Worth Over N30 Trillion, Says Minister

Livestocks (News Investigators)/ Nigeria’s Minister of Agriculture, Muhammad Sabo-Nanono, on Thursday, says Nigerians breed over N30 trillion worth of livestock, which should be properly harnessed to the benefit More...

By Sadiq Umar On Thursday, October 3rd, 2019
0 Comments

Bankers Committee Throws Weight Behind CBN’s Cashless Policy, LDR

(News Investigators)/ The Bankers Committee has thrown its weight behind the Central Bank of Nigeria (CBN)’s cashless and Loan to Deposit Ratio (LDR) policies introduced by the apex bank. In a joint briefing More...

By Alaba Ajiba On Thursday, October 3rd, 2019
0 Comments

Fidelity Bank Supports Financial Inclusion Drive With N120m Promo

(News Investigators)/ Fidelity Bank Plc on Thursday flagged off its Get Alert in Millions (GAIM) Season 4 promo to strengthen the Federal Government’s financial inclusion drive. Speaking at the event in Lagos, More...

By News Investigators On Thursday, October 3rd, 2019
0 Comments

New Orders Fuel Kenya’s Private Sector Activity In Sept–PMI

Kenya’s private sector activity grew for the fifth straight month in September, boosted by an increase in new orders for businesses, a survey showed on Thursday. The Markit Stanbic Bank Kenya Purchasing Managers’ More...

By News Investigators On Wednesday, October 2nd, 2019
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AfDB Commends Nigeria’s Resilience, Entrepreneurial Skills

The African Development Bank (AfDB) has commended Nigerians for their resilience and entrepreneurial skills in the 59 years of the country’s existence. A statement  issued by Mr Victor Oladokun, Director, More...

By Shaban Akanbi On Wednesday, October 2nd, 2019
0 Comments

Nigeria Gets New World Bank Country Director

The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently. A statement issued by the World Bank’s Senior Communications More...

By Alamin Khaliel On Thursday, September 26th, 2019
0 Comments

Premium Pension’s Asset Base Hits N680b

(NEWS INVESTIGATORS) Premium Pension Ltd. has built an asset base of N680 billion after 14 years of its operations, the Managing Director of the company, Mr Umar Mairami, announced in Lagos. Mairami made the More...

By Alamin Khaliel On Wednesday, September 18th, 2019
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FG Cautions Producers, Marketers Against Mishandling Of Chemical Weapons

(NEWS INVESTIGATORS) The Federal Government has cautioned producers and marketers of chemical weapons against allowing it into the hands of non-state actors. Mr Gabriel Aduda, the Permanent Secretary, Political More...

By Shaban Akanbi On Friday, September 6th, 2019
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NNPC Moves To Boost Domestic Gas Use

The Nigerian National Petroleum Corporation (NNPC) says it will grow the domestic gas use in-country to five billion cubic feet of gas per day from its current 1.7 billion cubic feet of gas per day by 2022. Chief More...

By Shaban Akanbi On Thursday, September 5th, 2019
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Mortgage Bank Urges Nigerians To Access Housing Products

The Federal Mortgage Bank of Nigeria (FMBN), Federal Capital Territory (FCT) branch,  has called on Nigerians to access their mortgage products through  National Housing  Fund (NHF) scheme. Mrs More...

By Shaban Akanbi On Wednesday, September 4th, 2019
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NNPC GMD Reiterates Commitment To Transparency, Accountability

The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Malam Mele Kyari, has reiterated his commitment to transparency and accountability in the operations of the corporation. Kyari More...

By Shaban Akanbi On Friday, August 30th, 2019
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VP Osinbajo, NECA Discuss Business Sustenance In Nigeria

Vice President Yemi Osinbajo on Thursday at the Presidential Villa, Abuja, hosted a delegation of the Nigeria Employers’ Consultative Forum (NECA). Timothy Olawale, Director-General, NECA, who spoke with State More...

By Shaban Akanbi On Friday, August 30th, 2019
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Nigeria Losses 22m Barrel Of Oil To Theft

Gov. Godwin Obaseki of Edo said the nation lost about 22 million barrels of its crude oil production to oil theft between January and June. Obaseki disclosed this in a statement issued by Mr Ndu Ughamadu, the More...

By Shaban Akanbi On Friday, August 23rd, 2019
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FG, States, LGs Share N769.5bn For July

The Federal Government, States and Local Government Areas (LGAs) shared N769.52 billion as federal allocation for the month of July. Mr Ahmed Idris, the Accountant-General of the Federation (AGF), said this More...

By Shaban Akanbi On Friday, August 23rd, 2019
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Nigeria Produces 692m Barrels Of Crude Oil in 2017

The Nigeria Extractive Industries Transparency Initiative (NEITI) says that 692 million barrels of crude oil was produced in the country in 2017. NEITI disclosed this in its report, entitled, “pilot study More...

By Shaban Akanbi On Friday, August 16th, 2019
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U.S. Threatens Sanctions Over Iranian Tanker After Court Release

The U.S. is gravely disappointed with the U.K. after a Gibraltar court allowed the release of an Iranian tanker suspected of hauling oil to Syria, and threatened sanctions against ports, banks and anyone else who More...

By News Investigators On Friday, August 16th, 2019
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NNPC Targets China To Boost Crude Oil Reserves

(NEWS INVESTIGATORS) The Nigerian National Petroleum Corporation (NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to actualise the growth of the nation’s crude More...

By Shaban Akanbi On Friday, August 16th, 2019
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N-Power Beneficiaries Urge FG On Timely Stipends Payment

N-Power beneficiaries under the Federal Government’s Social Investment Programme (SIP) on Thursday appealed to the federal government to ensure timely payment of their monthly stipends to enhance their performance More...

By Shaban Akanbi On Friday, August 16th, 2019
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NNPC, China Partner On Upstream Investment

The Nigerian National Petroleum Corporation (NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to actualise the growth of the nation’s crude Oil reserves . Group More...

By News Investigators On Thursday, August 15th, 2019
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Access Bank Introduces Loan For Smartphone Purchase

(NEWS INVESTIGATORS) Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion. Victor Etuokwu, Executive More...

By News Investigators On Thursday, August 15th, 2019
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Resuscitate Warri Port now To Boost Economy – Okowa Tasks FG

(NEWS INVESTIGATOR) Gov. Ifeanyi Okowa of Delta, on Wednesday in Asaba, stressed the need for the Federal Government to resuscitate Warri Port. Okowa, who gave the charge when the Olu of Warri, Ogiame Ikenwoli More...

By Shaban Akanbi On Thursday, August 15th, 2019
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3,034 Benefits From Federal Housing Loan

The Federal Mortgage Bank of Nigeria has disbursed  N2.6 billion to 3,034 beneficiaries under  its intervention housing loan through the Federal Staff Housing Loan scheme, the Managing Director, Mr Ahmed More...

By Shaban Akanbi On Thursday, August 8th, 2019
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Nigeria-Morocco Gas Pipeline A New Vista For Our Gas Aspiration -Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says Nigeria-Morocco Gas Pipeline (NMGP) project will open new vistas for Nigeria’s gas aspirations. Kyari More...