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Business & Finance

EFCC Arraigns 26 Suspected Pirates, Vessel

October 17, 2019 No comment

The Economic and Financial Crimes Commission (EFCC), in Lagos has arraigned 26 suspected pirates alongside a company, Sam Pam Nigeria Limited, and a Vessel, MV Neso II, before Justice Mohammed Liman of the Federal High Court sitting in Ikoyi. According to a statement by the Head, Media & Publicity of the agency, Wilson Uwujaren, the […]Continue Reading

Nigeria’s Debt Hits N25.7trn

October 16, 2019 No comment

Business & Finance Featured News

Nigeria’s Debt Management Office on Tuesday October 15, announced that the country’s public debt now stands at a whooping N25.7trn. It was further discovered that the public debt increased by N3.32trn in one year as at the end of June 2019. The nation’s public debt which stood at N22.38trn as of June 2018, increased to […]Continue Reading

Nigerian Painting Fetches £1.1m After Google Search

October 16, 2019 No comment

Business & Finance Featured News Trend - Buzz - List

A painting by the Nigerian artist responsible for the “African Mona Lisa” sold at auction in London on Tuesday for £1.1 million after the family who owned it googled the signature and realised its importance. “Christine”, by 20th century master of African modernism Ben Enwonwu, had been in the sitter’s family home ever since it […]Continue Reading

Exclusive Interview With Temitope Adelakun, The Convener Of Ibadan Business Fest at Business Growth Hub Africa

October 15, 2019 No comment

Business & Finance Ibadan Trend - Buzz - List

And today, we have Mrs. Temitope Adelakun, the Convener of Ibadan Business Hub to tell us more about the upcoming event; Ibadan Business Fest. Read the whole interview below: You are welcome to Stars Connect, Growth Hub Africa, which is a Subsidiary of Jetheights Services. Stars Connect network is a program that brings […]Continue Reading

Fuel Subsidy Will Gulp N450 Billion In 2020 – Finance Minister

October 15, 2019 No comment

Business & Finance Featured News

Zainab Ahmed, the Minister for Finance, Budget and National Planning, has said under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020. She stated this at the public presentation of the 2020 budget proposals in Abuja on Monday, October 14th saying, “we have a provision for under-recovery of […]Continue Reading

Customs Bans Import And Export Of All Goods Through Land Borders

October 15, 2019 No comment

Business & Finance

The Nigerian Customs Service (NCS) says no item can be imported exported through the nation’s land borders. Hameed Ali, comptroller-general of NCS, said this at a press conference in Abuja on Monday. He said the measure would enable security agencies to be able to scan the goods entering the country. Ali said for now, goods […]Continue Reading

Border Closure: CBN Asks Farmers Not To Increase Price Of Rice

October 15, 2019 No comment

Business & Finance

The Central Bank of Nigeria (CBN) has asked rice farmers in the country not to increase the price of the product as a result of the border closure. In a statement in Abuja on Monday, Godwin Emefiele, CBN governor, urged members of the Rice Millers Association of Nigeria (RIMAN) and other stakeholders in the value […]Continue Reading

Insurer Warns Nigerians Against Fraudulent Scheme

October 14, 2019 No comment

Business & Finance Government & Politics

An expert in the nation’s insurance industry has warned Nigerians against the “Standard Payment Investment Scheme” currently circulating on social media platforms, purporting to collaborate with underwriting companies to extort money from the public for better investment returns. The Managing Director/Chief Executive Officer of Universal Insurance Plc, Ben Ujoatuonu, told Continue Reading

Over 13,000 People To Attend World Bank, IMF Meeting In US

October 14, 2019 No comment

Business & Finance

No fewer than 13,000 people are expected at this year’s meeting of the World Bank and the International Monetary Fund. The annual event, which opens on Tuesday, will take place in Washington D.C., the United States. It will bring together governors of various central banks, ministers of finance and development, private sector executives, civil society, […]Continue Reading

NNPC Discovers Hydrocarbon Deposits In Benue

October 12, 2019 No comment

Business & Finance

The Nigerian National Petroleum Corporation (NNPC) has announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country. It would be recalled that drilling of the Kolmani River II Well was flagged-off in a colourful ceremony by President Muhammadu Buhari […]Continue Reading

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