The Bank of Industry (BoI) has disbursed a fresh N21 million loan to 438 traders in Bauchi State.
A total 27 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos from Aug. 7 to Aug. 21.
First Bank of Nigeria (FBN) says the Nigerian Banks who took over 9mobile — formerly known as Etisalat Nigeria — are stabilising the telecommunication company before looking for new investors to buy into the company.
The former Governor of Ogun State, Chief Segun Osoba, has disclosed that some entrenched interests are behind the allegations that 282 vessels got missing under the watch of the Nigerian Ports Authority (NPA) between 2010 and 2016 by the Senate Committee on Customs, Excise and Tariff.
The National Association of Aircraft Pilots and Engineers (NAAPE) has threatened to embark on nationwide strike over the non-payment of redundancy benefits to workers that were laid off from Aero Contractors.
The Federal Government will today (Monday) offer for subscription two-year and three-year Savings Bonds to investors at 13.54 per cent and 14.54 per cent, respectively.
Nigeria’s biggest carrier, Arik Air, is facing maintenance and safety challenges as it has failed to ferry its aircraft that are due for various categories of checks overseas for maintenance.
A financial expert, Prof. Sheriffdeen Tella, has urged the Federal Government to fast-track the growth of the manufacturing sector through the provision of infrastructure and the provision of credit.
The instability in electricity supply from the national grid has continued to make businesses to look inwards through independent power generation, a new report has said.
The 9mobile creditor banks are said to be trying to stabilise the business of the troubled country’s fourth largest telecoms group, until they can find new investors, First Bank said, adding that it saw no need to impair loans made to the company, because of its cash flows.
As part of its diversification agenda, the Federal Government has set plans in motion to boost the nation’s cocoa production capacity to about 500,000 metric tonnes by 2021.
The management of Skye Bank Plc is seeking to take over some oil wells belonging to Jide Omokore, a businessman involved in some corruption cases within and outside Nigeria saying Omokore is indebted to it to the tune of about N110bn at an exchange rate of $1/N315.
A Saudi-bound flight operated by Medview Airline was on Saturday night aborted at the Ilorin Airport due to bird strike.
The Managing Director/Chief Executive Officer of Med-View Airline, Alhaji Muneer Bankole, has advised the Federal Government to privatise existing 27 airports in the country, adding that Nigeria does not need a national carrier.
A group under the aegis of the Renaissance Coalition in collaboration with Civil society organisations (CSOs), and other stakeholders in Kano have called for the scrapping of the newly created emirates in the state.
The rain storm in Lagos on Monday resulted in many residents and motorists counting their losses as it caused traffic gridlock and wreaked havoc in many areas, damaging communication masts, electric poles and other infrastructure.
The Federal Government has declared May 29 and June 12 as public holidays to mark the transition to a new government and Democracy Day respectively.
Gov. Darius Ishaku of Taraba on Monday banned the use of polythene and plastic bags in the state to boost clean environment.
Edo State Governor, Mr Godwin Obaseki, has said that the state will ensure its forest belt is preserved as more investors in oil palm, cocoa, rubber plantations set up shop in the state, noting that state will collaborate with relevant stakeholders in the sector on a reforestation programme.
Gov. Oluwarotimi Akeredolu of Ondo State on Monday blamed the corruption in the judiciary in recent times on the challenges arising from incursion of strange elements into the nation’s legal system
Nigerian Tobechukwu “Tobi” Phillips just broke a barrier as the first Black valedictorian in Alvin High School’s 125 year history in the Texas high school which was first established in 1894 and integrated with African-American students in 1965.
The Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has said fuel subsidies are a huge drain on government’s revenue.
The ECOWAS Task Force on the region’s single currency would meet in June to give the assessment on the studies of the currency, President of the commission, Mr Jean-Claude Brou, has said.
Pep Guardiola insisted on Thursday that he has complete confidence in his bosses at Manchester City ahead of UEFA’s ruling on their participation in the Champions League, as his side prepares for this weekend’s FA Cup final against Watford.