Business

President Muhammadu Buhari on Tuesday inaugurated the Calabar automated rice seed and seedling factory. The factory was one of the projects inaugurated by the president during his visit to Cross River. During the inauguration, Buhari said he was in Calabar for the second time in three years “to inaugurate another visionary and trail blazing project which was very welcomed and satisfying to him.” He …

Read More »

The Nigeria Immigration Service (NIS) has suspended the collection of $90 biometric Visa-On- Arrival policy it introduced about two weeks ago. Investigations also revealed that the service was not in charge of collection of charges at the Murtala Muhammed International Airport (MMIA), Lagos as that aspect has been concessioned out to private firms. More Investigations on Tuesday revealed that the biometric, which …

Read More »

The Regional Representative for West Africa of European Investment Bank (EIB), Ms Isabelle Grunderbeeck, has disclosed that the  bank plans to invest 700 million euros in some identified projects in Nigeria. Grunderbeeck disclosed this at the bank’s interactive meeting with its clients and other stakeholders in Abuja on Tuesday. She said that the planned investment was in addition to the fund …

Read More »

Photo Caption: From Left; Babatunde Obaniyi, Managing Director, Investment Banking, United Capital Plc; Peter Ashade, Group CEO Designate, United Capital Plc; Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE);  Oluwatoyin Sanni, Group Chief Executive Officer, United Capital Plc; Jude Chiemeka, Managing Director/CEO, United Capital Securities; Sunny Anene, Managing Director/CEO, United Capital Asset Management and Tony Ibeziako, Ag. Head, …

Read More »

The Managing Director, Ecobank Nigeria, Charles Kie has called on audit executives of banks to the take advantage of their independence and unfettered access to their respective boards and management, and industry sector regulators to showcase their potentials and competencies and entrench a sound and wholesome governance environment in banks to stem potential bank failure. The Auditors he said has …

Read More »

Folake Sokoya Former Vice-President of Nigeria, and presidential hopeful for 2019, Alhaji Atiku Abubakar, on Tuesday in Asaba, said he would win next year’s presidential election, in spite of the gang up against him. He also said he was still consulting with his former boss, Chief Olusegun Obasanjo, on ways to achieving his ambition. Atiku, who recently decamped from APC …

Read More »

Photo Caption: Former United States Ambassador to Nigeria, Ambassador Robin Renee Sanders (left) with the Honourable Minister of Finance, Mrs. Kemi Adeosun, during the visit of Sanders to the Minister in Abuja on Tuesday, 26th June, 2018

Read More »

Nigeria has emerged as the country with the highest number of poor people in the world, overtaking India. According to a report by the Brookings Institution, data from the World Poverty Clock show that Nigeria now has over 87 million people living in poverty. The report adds that six Nigerians become poor every minute. The National Bureau of Statistics had …

Read More »

Shareholders of Total Nigeria Plc gets N4.75 billion as final cash dividend for the 2017 business year, after they voted unanimously on Thursday June 21, 2018 at the annual general meeting in Lagos to approve the dividend recommendation by the board of the downstream oil company. Chairman, Total Nigeria Plc, Mr Stanislas Mittelman, said the final dividend of N4.75 billion …

Read More »

The Board of Directors, Linkage Assurance Plc, has named Daniel Braie Acting Managing Director/Chief Executive Officer of the Company. He takes over from Dr. Pius Apere whose appointment with the Company ended 21st June, 2018. The decision follows an emergency board meeting held on the 21st June, 2018. Mr. Braie will be in charge of the management of the Company …

Read More »