Business

 Grants additional N1.097bn for Abuja-Lokoja road The Federal Executive Council (FEC) presided over by Vice-President Yemi Osinbajo, wednesday in Abuja approved whopping N6.07 trillion for a thorough and comprehensive revamp of the health sector. Briefing journalists at the end of the weekly Federal Executive Council (FEC) meeting in the State House, the Minister of Health, Prof. Isaac Adewole, said the …

Read More »

Nigeria’s total value of merchandise trade dropped to N6.56 trillion in the second quarter of the year (Q2 2018), representing a -8.89 per cent contraction compared to the N7.21 trillion recorded in the preceding quarter, the National Bureau of Statistics (NBS) has stated. According to the Foreign Trade Statistics for Q2 which was released Thursday, the statistical agency attributed the …

Read More »

Heritage Bank Plc, one of Nigeria’s most innovative financial services provider; has partnered with MultiChoice Nigeria Limited, owners of the DSTV and GOTV brands to boost film industry with the sponsorship of the 2018 edition of the Africa Magic Viewer’s Choice Awards (AMVCA). Speaking at the event which held in Lagos over the weekend, Mr. Fela Ibidapo, Divisional Head, Corporate …

Read More »

The Vehicle Inspection Office in the Federal Capital Territory on Wednesday said that it generated over N1 billion as revenue between January and June 2018. The agency’s Public Relations Officer, Mr Kalu Emetu, told the News Agency of Nigeria in Abuja that the revenue generated in the period was N178 million over what was realised in 2017. NAN reports that N1. 05bn revenue …

Read More »

Oando PLC, one of Nigeria’s leading indigenous oil and gas energy solutions provider, led conversations on building a heritage brand at the recently concluded Mitsubishi Motors Anniversary and Heritage Week. The week-long event was a celebration of Mitsubishi Motors Nigeria’s 101 years in business. It included a series of engaging events that showcased the evolution of Mitsubishi Motors and the …

Read More »

The Nigeria Insurers Association (NIA) has disclosed that 5.8 million out of the 11.7 million registered vehicles plying Nigerian roads have fake insurance. On the other hand, only 5.9 million Nigerian vehicles have genuine insurance certificates. These figures, captured by the Nigerian Insurance Industry Database (NIID) of the NIA, were made available to THISDAY on Tuesday. The NIA said 5.9 …

Read More »

Patrick Akin Akinwuntan, Managing Director and Regional Executive of Ecobank Nigeria, starts his new role today. The vastly experienced banking professional is passionate about bringing customer-friendly banking services to every household in Nigeria. This means that Nigerians can expect a more customer-friendly Ecobank as well as continued market-leading banking innovation that will make their banking easier, more convenient and an …

Read More »

A Nigerian nurse based in Maryland, USA, Mr. Bede Nnebedum, recently received his brand-new car at the DiamondXtra season 10 prize presentation ceremony which held in Lagos. Speaking shortly after the presentation, Bede told journalists that he has been a customer of Diamond bank for about seven years. According to him, “When I was initially contacted and informed that I …

Read More »

The Nigeria Customs Service said it recorded its highest ever monthly revenue of N140.4 billion in August 2018. The Customs Public Relations Officer, Mr Joseph Attah revealed this on Tuesday in Abuja. According to Attah, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (rtd) said the improvement was as a result of the dogged pursuit of several reform programmes. Ali highlighted …

Read More »

Feet and Tricks International, organisers of the first ever African Football Freestyle Championship in Africa have assured participants, stakeholders and ardent followers of the sport, that the first ever Championship in Africa scheduled to hold on September 13th -15th, 2018 at the Balmoral Convention Centre, Federal Palace Hotel in Lagos will be one to remember for a long time. This …

Read More »