When President Muhammadu Buhari assumed office in 2015, he said his administration would focus on security, corruption and economic diversification through boosting the agricultural sector. Like he said, “We must eat what we produce”. In […]
The senate committee on youth and sports has threatened to order the shutdown of Bet9ja office if the company failed to honour its invitation for a second time. Bet9ja is one of the most popular […]
The Federal Capital Territory Administration (FCTA) has demolished Caramelo, a popular night club in Abuja. The FCT authorities demolished the club on Monday, less than a month after they raided the club. About 34 ladies […]
The Federal Airports Authority of Nigeria (FAAN) says it is collaborating with security agencies to undertake background checks of all personnel working in the nation’s airports. Saleh Dunoma, FAAN managing director, told NAN that the […]
The heavy toll that failure took on several startup entrepreneurs exposed the disinterestedness of the world, from time, on something really important. The world is run on tangibles, and tangibles are often rewarding. But there […]
Manuel Augusto, the Angolan minister of external relations, says Angola Airlines will commence operations in Nigeria by June to enhance trade relations between the two countries. Augusto told NAN in Abuja that the Central African […]
Shares of Jumia Technologies listed on the New York Stock Exchange (NYSE) declined considerably on Friday after a report by Citron Research. In a short report released on its website, Citron Research, a US-based online […]
Heineken Nigeria says it will raise the price of its products to offset the increased cost of production due to inflation and increased taxes. Kolawole Jamodu, Heineken Nigeria chairman, was quoted to have said the […]
Access Bank has agreed that it would pay off a $200 million Eurobond issued by Diamond Bank in 2014. Diamond Bank had attempted to raise between $300 million and $350 million at the time to […]
Western Metal Products Company (WEMPCO) says it is divesting its investment in Lagos Oriental Hotel to focus on its core manufacturing mandate. In a statement released on Tuesday, the company said it has no plans […]
Let me start my recalling that economists divide all economic activity in an economy into two broad categories, which are goods and services. So it is either a country is producing goods or producing services. […]
Travellers passing through the Murtala Mohammed local terminal Two in Lagos have been appreciating the display of the Jeep displayed at the terminal by Kewalram Chanrai, sole distributor of FCA brands in Nigeria. The display […]
Ibukun Awosika, the chairman of First Bank of Nigeria, says Nigeria can build a policy around migration, and export experts to get adequate remittances in foreign exchange. Speaking at The Platform, held on Wednesday at […]
At 35 per cent, our company income tax rate is one of the highest in the world. But a slew of exemptions, waivers, and holidays meant that last year, the effective income tax paid by […]
The Central Bank of Nigeria (CBN) says it has put together a Clean Note Policy and Banknote Fitness Guideline to ensure the recirculation of clean, fit and high-quality naira notes. According to a statement by […]
MTN Nigeria Communications Plc (MTN), has completed its conversion from a private company to a public company (Plc).The Telecommunications firm explained that the conversion to a Plc is a legal requirement and key milestone in […]
Olam International Limited has said it will buy Dangote Flour Mill Plc for an enterprise value of N130bn. The Singapore-based agriculture trader is looking to expand in West Africa as part of a rejig of […]
Kenneth Obiajulu is the co-founder and Managing Director of Farmgate Africa, a subsidiary of Farmcrowdy Group. In this interview with Taiwo Hassan, he speaks on the on-going reforms in Nigeria’s agriculture sector and how it […]
The best way to appreciate the scale of Aliko Dangote’s empire is to hitch a ride on one of his private jets. A half-hour after his Bombardier Challenger 605 takes off from Lagos Airport, it […]
Roy Ilegbodu, the managing director of Arik Air, says the airline cannot begin international operations because of the huge debts left by the previous managers. Speaking on Wednesday at the airline’s headquarters, Ilegbodu said there […]
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