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NNPC: We Can Now Account for Every Barrel of Nigeria’s Oil Sold

December 21, 2017 Omoniyi Osadare 1

The Nigerian National Petroleum Corporation (NNPC) on Thursday disclosed that it can now account for every barrel of crude oil sold from Nigeria, because it has achieved a 98 per cent automation of all transactions […]

Banking

Nigerian Banks, Billionaires and Your Sorry Ordinary Ass, By Pius Adesanmi

December 21, 2017 Omoniyi Osadare 0

Innocent Chukwuma and GTB are family members in this game. It is poverty that makes you invest in Yoruba-Igbo feuding when there is no such thing going on in this matter. One percenters are too […]

Banking

#Innoson: GTbank In Desperate Move To Stop Customers From Closing Bank Accounts

December 21, 2017 Omoniyi Osadare 2

Abuja – Guaranty Trust Bank (GTBank) on Thursday put up desperate moves to calm customers who were aggrieved over the arrest of Innoson Motors’ boss, Innocent Chukwuma, from closing their accounts. Many aggrieved customers of […]

Business

#DidYouKnow That Nigeria is World’s Largest Producer of Cassava Crop, Generating 50million Metric Tonnes Per Year

December 21, 2017 Omoniyi Osadare 0

Cassava is an important staple crop and food that supports the livelihood of over 300 million Africans.Source: CNN

Business

NNPC To Build Three Power Plants With 4600MW By Oluwatoyin Bayagbon

December 21, 2017 Omoniyi Osadare 0

The Nigerian National Petroleum Corporation (NNPC) says it will build three power plants with 4600MW, in the northern part of the country. The power plants, to be located in Abuja, Kaduna and Kano, would rely […]

Business

PremiumTimes: Why SEC Is Yet To Start Oando Forensic Audit

December 20, 2017 Omoniyi Osadare 0

The delay in the forensic audit of Nigerian oil and gas firm, Oando plc, by the Securities and Exchange Commission, SEC, is caused by ‘payment to auditors and other logistic concerns’, PREMIUM TIMES has learnt. […]

Business

Black Marketers Rejoice As Fuel Hits N350 Per Litre In Kaduna

December 19, 2017 Omoniyi Osadare 0

Black marketers in Kaduna state are having a field day as a result of the hike in the price of petrol. Many filling stations in the ancient city have been closed, forcing motorists to patronise […]

Business

I’m Not Good At Making Money – Buhari

December 19, 2017 Omoniyi Osadare 0

In this  concluding part of the interview President Muhammadu Buhari granted Eric osagie, The SunMD/Editor-in-Chief in company of Paulinus Aidoghie in 2012, he explains why he is not super rich despite being former Head of State.  But […]

Business

Oando: Two Weeks After Public Notice, SEC Yet To Commence Forensic Audit

December 19, 2017 Omoniyi Osadare 0

Two weeks after the Securities and Exchange Commission, SEC, said it would begin forensic audit of Nigerian oil firm, Oando Plc, the audit is yet to start, PREMIUM TIMES has learnt. In a statement issued […]

Business

Traffic Rules: Lagos Shutdown Chisco, Ifex, GUO, Other Transport Companies At Jibowu

December 13, 2017 Omoniyi Osadare 0

Lagos State government on Tuesday sealed off the premises of some major commercial transport companies, including Chisco Transport, Ifex Express Limited, and GUO Transport as it commences enforcement of the relocation of inter-state buses from […]

Business

90% of Gas Cylinders In Nigeria Are Expired – FG By Ediri Ejoh

December 12, 2017 Omoniyi Osadare 0

DESPITE its huge population of 194 million people, only five per cent of Nigerians use gas for cooking. About 60 per cent use firewood, 30 per cent use kerosene, while five per cent use coal.These […]

Business

Punch: Reviving Textile Industry For Economic Growth

December 11, 2017 Omoniyi Osadare 0

THE travails of Nigeria’s textile industry were rehashed recently at a seminar organised by the Nigerian Institute of Social and Economic Research, Ibadan. For a once thriving industrial sub-sector that has defied various policy measures […]

Business

Lagos Shuts 11 Hotels Over N354.75m Tax Evasion

December 8, 2017 Omoniyi Osadare 0

The Lagos State Internal Revenue Service (LIRS) on Thursday shut 11 hotels, restaurants and event centres over alleged failures to remit their taxes under the hotel occupancy and restaurant consumption laws of Lagos state 2009. […]

Business

Ambode Approves Sale of Lake Rice

December 8, 2017 Omoniyi Osadare 0

THE Governor of Lagos State, Mr. Akinwunmi Ambode has approved the sale of LAKE Rice for the yultide season.Lake rice The Lagos State Commissioner for Agriculture, Mr. Oluwatoyin Suarau, who disclosed this, assured residents that […]

Business

Consumers Groan In Lagos, Abuja As Fuel Scarcity Worsens | Punch

December 6, 2017 Omoniyi Osadare 0

’Femi Asu and Leke Bayewu The fuel supply situation in the country took a turn for the worse on Tuesday as queues of desperate motorists grew longer at many petrol stations selling Premium Motor Spirit, […]

Business

We’ll Name, Shame Tax Defaulters After VAIDS In March, 2018 — Adeosun

December 4, 2017 Omoniyi Osadare 0

Finance Minister, Kemi Adeosun, still pushing through the Voluntary Asset and Income Declaration Scheme (VAIDS), scheme aimed at getting more Nigerians into the tax net voluntarily, in this interview throws more lights on the issues […]

Business

Old Mutual Pledges Seamless Service Delivery To Customers In 2018

December 4, 2017 Omoniyi Osadare 0

The Management of Old Mutual Nigeria has reassured its customers of better service delivery, innovative products that would meet their needs in the 2018. The company, which believes that its growth and success lies critically […]

Business

Let The Consumers Have Meters Please | Punch

December 2, 2017 Omoniyi Osadare 0

THE vexed issue of lack of meters for electricity consumers re-echoed last week when Kaduna Electricity Distribution Plc contracted three companies to provide 200,000 pre-paid meters for its customers. The initiative should jolt the regulator, […]

Business

Uber Faces More Awkward Questions Over Safety Of Drivers And Passengers | HuffingtonPost

December 1, 2017 Omoniyi Osadare 0

Uber faces questions over protection offered to drivers who work more than 60 hours a week amid fears passenger safety is being put at risk. Rachel Reeves, chair of the Commons Business, Energy and Industrial […]

Business

Seven-Up Gets Takeover Offer From Majority Shareholder By Oluseyi Awojulugbe

December 1, 2017 Omoniyi Osadare 0

Affleka SA, majority shareholder in Seven-Up Bottling Company, has offered shareholders of the company N112 to buy all ordinary shares owned by other shareholders. According to a notice sent to the Nigerian Stock Exchange, the […]

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