Business news
Amaka Obiefuna. Lagos State Governor, Mr. Akinwunmi Ambode today, Tuesday, presented N813 billion Year 2017 Appropriation Bill to members of the state House of Assembly for consideration and subsequent approval. Ambode had on December 17, 2015 presented N662.588billion Year 2016 Appropriation Bill to members of the Lagos State House of Assembly. The 2016 budget was […]
Winifred Bosa. The National Agency for Food and Drug Administration and Control (NAFDAC) says it will introduce mobile laboratories to curb circulation of fake and counterfeit products in the country. Mrs Yetunde Oni, Acting Director-General NAFDAC, at a stakeholders meeting in Minna on Monday said laboratory would be built on a mobile truck. “The mobile […]
By Akinwande Onadeko President Muhammadu Buhari’s request to re amend the 2016 budget has been approved by the senate. This request involves the re-assigning of 180.8 billion naira to crucial recurrent and capital items. This approval was made at the presentation of the report of the committee on Appropriations by Danjuma Goje.
By Akinwande Onadeko The National Youth Service Corps, Enugu state command has sent out pleas to the state governor to provide assistance in terms of feeding of corp members due to the rising amount of corp members. Mrs Nwano Ukagha, the state coordinator begged the state government to also render assistance to the scheme in […]
By Busola Kareem In her new book titled ‘On Becoming’, popular on air personality (OAP), Toke Makinwa revealed that ex-husband, Maje Ayida, to whom she was married to for 18 months infected her with STI on several occasions. She also revealed about the incompetencies of her former husband, suicidal tendencies, her finding God and more. […]
Fidelia Okafor CWC Group, the organisers of the 16th edition of Nigeria Oil and Gas Conference and Exhibition (NOG) in Abuja has revealed that the Minister of State for Petroleum Resources, Ibe Kachikwu will deliver the official ministerial address. According to some oil and gas industry players, the Minister’s participation at the event is highly […]
Fidelia Okafor The perpetrators of fake products have become unrepentant, that leads the Standard Organisation of Nigeria’s, SON, determination to go after the importers of fake products to deal with the issue of penetration of such items into the market. SON praticalised their decision at the weekend when the agency destroyed substandard products valued over […]
Fidelia Okafor The Federal Airports Authority of Nigeria, (FAAN), has commissioned a state-of-the-art automated car park at the Domestic Terminal 1, Murtala Muhammed International Airport, Lagos, in a bid to curb leakages and boost its revenue base. A statement signed by Henrietta Yakubu, the acting General Manager, Corporate Services of the organization, said that the […]
By Busola Kareem The prohibition of sales of foreign rice and the confiscation of foreign rice bags has begun in Ebonyi state with the state governor, David Umahi, setting up a task force unit to storm markets and confiscate them. He announced this during the opening ceremony of the ultra modern Kpirikpiri market. The governor […]
By Busola Kareem Bloomberg, a foremost company in media and finance has said that Nigerian president, Muhammadu Buhari needs to be fluid in his response to the current economic meltdown facing the country, especially on foreign exchange control. It also stated that the eventual dismantling of the forex controls would not only attract foreign investors […]