For whatever reason President Muhammadu Buhari had chosen a new Minister of Agriculture and Rural Development, the new replacement for Audu Ogbeh must sit up to embrace the responsibilities that are orchestrated by such position. With food security,...
Nigeria lost about N8.93 billion to cyber criminals representing 59 percent of funds stolen through internet and technology based crimes in 2018 alone. This was revealed...
Welcome to another edition of our Business Wrap.This is a featured post highlighting some of the major events that unfolded during the week ended 31th of August, 2019. Headlines:...
Nigeria, as Africa’s leading economy has everything it takes for businesses to thrive, and for the country to join the comity of developed nations. This was...
The University of Nigeria Nsukka (UNN) has taken a giant first leap in Nigeria, to produce electric cars. PATRICK EGWU visited the school to uncover this...
The Federal High Court in Abuja has granted an application by the Asset Management Corporation of Nigeria (AMCON) to take over the assets of the Chairman...
Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced its mid-year audited results for the period ended June 30, 2019. The Group...
Japan and South Korea are showing no signs of resolving an escalating trade dispute, which traces back to 1910. It now poses a threat to the...
The Central Bank of Nigeria (CBN) has directed Nigerians to deposit overused or mutilated Naira notes in any bank branch closer to them, on or before...
AFC approves $230 million loan for 9mobile – NEWS From Etisalat to 9mobile – the story in between Company’s debt history What’s the future? Technically, the...
The reconstruction of portions of the Lagos-Ibadan Expressway stretching from the end of Berger Bus Stop to Kara Cattle Market, would be completed by the second...
The National Sugar Development Council has said a reduction in importation of sugar and an increase in local production would save the country $56milliob in foreign...
Minister of Communication, Isa Ali-Pantami, has asked the Management of Nigerian Communications Commission (NCC) to investigate complaints by Nigerians about illegal data deduction by telecom service...
Amazon founder, Jeff Bezos, is enmeshed in a new surveillance scandal as The Washington Post, a newspaper he owns, reveals secret arrangement between his newly acquired...
The Federal Government has taken possession of an $8.5 million caliberation aircraft for the caliberation of navigational aids at Nigerian airports. The aircraft was delivered on...
Prices of locally processed rice will now sell between N13,300 and N14,000 as the Rice Processors Association of Nigeria (RIPAN) Thursday said the association had agreed...
The Securities and Exchange Commission (SEC) has reached out to the Armed Forces, Police, and other Para-military agencies on the investment initiatives in the capital market....
President Muhammadu Buhari on Thursday in Yokohama, Japan, told foreign investors that Nigeria has “very attractive investment opportunities with some of the highest returns-on-investment.” A statement...
Gains in MTNN (+0.6%), DANGCEM (+0.3%) and CCNN (+3.5%) pushed the benchmark index up by 2bps to 27,607.02 points on Wednesday trading at the floor of...
The Nigerian entertainment industry has pitched itself on top, as an enviable influencer in Africa, not only due to its music dominance but because of the quality of its production in film and television shows. In...
Gov. Abdulrahman Abdulrazaq of Kwara State on Tuesday sent the 2019 supplementary budget estimate of N135,159,772,167 to the State House of Assembly for consideration and passage....
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has called on Nigerians to rally against the decision of the United Kingdom court asking Process...
More facts are beginning to emerge in the controversial contract awarded Process and Industrial Development LTD by the Nigerian government in 2010, as the Governor of...
At least 55 petrol stations have been sealed by the Department of Petroleum Resources (DPR) in Port Harcourt in the last six weeks. The Operations Controller,...
The Federal Government has instructed the Nigerian Shippers’ Council (NSC) to carry out a comprehensive audit of all seaport terminals in the country. The government also...
A total of N311.94 billion has been generated by the Federal between April and June 2019 through the Value Added Tax (VAT), statistics from the National...
Tough times await bank customers who default on the repayment of their loans, as deposits in other bank account would be seized to service the loans....
The federal government has said it would begin the deduction of Value Added Tax (VAT) on all online transactions both locally and internationally effective January 2020....
Nigeria and other African countries are targeting Value Added Tax (VAT) revenue from the over $1 trillion infrastructure investment coming into the continent. Executive Secretary of...
A revered country like Nigeria, with citizens in numerous counts replete across the globe, should not handle the recent FBI fraud cases with cold discernment. The...
The Nigeria Labour Congress (NLC) on Sunday called on the Nigerian government to retain its 40% shareholdings in power generation and distribution companies. It also warned...
Welcome to Business Wrap, a featured post highlighting some of the major events that unfolded during the week ended 24th of August, 2019. Here are the...
Data from the National Pension Commission (PenCom) has revealed that pension operators in the country have invested the total sum of N250.02 billion pension assets in...
The Central Bank of Nigeria (CBN) has set lending limits for banks and other financial institutions under its regulation to reduce their exposure to risks. The...
The Trade Union Congress (TUC) on Friday condemned the Federal Government’s plan to increase electricity tariff by 2020. The union also kicked against the government’s plan...
The Securities and Exchange Commission (SEC) has said it would engage the Central Bank of Nigeria (CBN) to seek the inclusion of e-Dividend Mandate Management System...
The Nigerian Electricity Regulatory Commission (NERC) has debunked claims that it approved a new electricity tariff in its new order released last Wednesday. A statement on...
The Federal High Court in Abuja on Friday ruled in favour of Shell Petroleum Development Company (SDPC) of Nigeria by ordering the Minister of Petroleum Resources...
The golden fish syndrome Fowler vs Buhari –tax remittance query GIG Motors vs FIRS –case study Tips to refute wrong allegations Following the recent crossfire between President Muhammadu Buhari (PMB) and the Chairman of the...
The Transmission Company of Nigeria (TCN) has asked the Federal Government to liguidate a power distribution company over its failure to abide by market rules. The...
A report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the (Nigerian National Petroleum Corporation) NNPC, is claiming that Nigeria is oweing it...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has revealed that the Federal Government has set up a committee to facilitate the recovery...
Equities market on the floor of the Nigerian Stock Exchange (NSE) gained 1.0% to push the Share Index (ASI) to 27,629.66 points. This followed buying interest...
Leading transport platform, God Is Good Motors (GIGM), has demanded the removal of its name from a published list of tax defaulters by the Federal Inland...
The Nigeria Governors’ Forum (NGF) has said that the establishment of Special Agro-processing Zones (SAPZs) in Nigeria has the potential of attracting between one to $4...
The Nigerian Stock Exchange (NSE) on Wednesday delisted two defunct banks- Skye Bank Plc and Fortis Microfinance Bank Plc, formally closing any window of shares exchange...
The Minister of Science and Technology Dr Ogbonnaya Onu has urged staff of his ministry to ensure budget estimates for the ministry were ready within the...
The Debt Management Office (DMO) on Wednesday disclosed that Nigeria’s FGN Bond has continued to attract strong demands from investors. At the end of August 2019...
Justice Chuka Obiozor of the Federal High Court in Lagos on Wednesday ordered the Asset Management Corporation of Nigeria (AMCON) and United Bank for Africa (UBA)...
Let me quickly congratulate you if you benefitted from the Business Incentive Strategy (BIS) by the Corporate Affairs Commission (CAC) where you paid a token of...