Metro

Aliko Dangote, president of Dangote Group, says the conglomerate’s revenue base will hit $30 billion by 2020 — a feat he would have considered impossible 10 years ago. Speaking at the first ever Africa Investment Forum (AIF) in Johannesburg, South Africa, the multibillionaire said five men built America and those five do not include President Donald Trump. He added that Africa …

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Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the bank is working on a non-interest development finance to increase financial inclusion in the country. The governor said this while delivering the keynote address at the 10th-anniversary conference of Enhancing Financial Innovation and Access (EFInA) in Lagos on Tuesday. Emefiele, who spoke to the conference theme, “the Business Case for …

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Vice-President Yemi Osinbajo says there is a need to reform Nigerian banks for them to meet up with the inevitability of the Fintech revolution. Speaking at the ongoing first ever Africa Investment Forum in Johannesburg on Thursday, the Osinbajo said there are no plans to take the banks’ lunch, but the banks have to reform to survive. He said the …

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A Federal High Court, Lagos, will on Dec. 3 hear a suit by MTN Nigeria Communication Ltd against the Attorney General of the Federation challenging the legality of N242 billion and 1.3 billion dollars import duties and withholding tax assessment. Justice Chukwujekwu Aneke fixed the date for hearing of all pending applications after counsel representing both parties had informed the …

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Experts in recycling business on Wednesday November 7, 2018 has advocated for effective ways of disposing E-waste in the country. They disclosed these at the second edition of the dialogue on waste management in Nigeria, with the theme Electronic Waste. The program is focused on gearing actions towards addressing the impact of climate change in Nigeria. In his welcome address, …

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The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri in Abuja said the House of Representatives of the Federal Republic of Nigeria will in the next one or two weeks present the Asset Management Corporation of Nigeria (AMCON) Amendment Bill before the House of Representatives. The bill is seeking to further empower and …

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Unity Bank Plc yesterday said it is on the verge of finalising a capital injection agreement with some foreign investors. Managing Director/CEO, Unity Bank Plc, Mrs. Tomi Somefun, who disclosed this during an interactive session with journalists in Lagos, said the bank would soon finalise a memorandum of understanding (MoU) that would lead to the anticipated capital injection in the …

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The Buhari Media Organisation has revealed how the Presidential Candidate of the Peoples Democratic Party, Atiku Abubakar was able to get his US Visa. The group claims that a U.S. lobbyist was paid millions of dollars to secure an American visa for Atiku. The Chairman, Niyi Akinsiju and Secretary, Cassidy Madueke, said this in a statement jointly signed in Abuja …

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The United States Institute of Peace (USIP) has denied widespread reports of predicting a victory for President Muhammadu Buhari in the 2019 presidential election. A few Nigerian newspapers had reported as much because of a part of the report that read: “Many Nigerians feel their hopes have not been met. Some respondents suggest the electorate is sufficiently disappointed that voter …

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By Ariwera Ibibo Howells, Yenagoa. Bayelsa state house of Assembly candidate of the Freedom and Justice Party (FJP) for Ogbia constituency III and foremost former student leader, Hon Eda Benjamin Otami penultimate Monday hinted our sources on why he cross carpeted from the social Democratic Party (SDP)to the Freedom and Justice Party (FJP). The erstwhile national Senate President of the …

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