Business news
Over 1,000 women entrepreneurs in Plateau State has been given loan facility ranging from N10,000 to N50,000 by the Bank of Industry (BOI) under the Government Enterprise and Empowerment Programme (GEEP). The Managing Director of BoI, Mr. Olukayode Pitan, said the programme tagged: ‘MarketMoni Alert,’ is one of the federal government’s initiatives aimed at helping […]
Activities resumed on the Nigerian Stock Exchange (NSE) on a negative trend, with the market indices dropping by 0.90 per cent as predicted by market watchers. The market capitalisation shed N114 billion or 0.90 per cent to close at N12.517 trillion against N12.631 trillion posted on Friday. Also, the All-Share Index, which opened at 36,646.46, […]
The Judicial Panel of Enquiry set up to probe the administration of Dr Kayode Fayemi in Ekiti State has been told that the administration failed to remit N18bn deductions from the N163.2bn allocations received in four years. A witness from the Accountant General’s Office, Mr Kehinde Odunayo, disclosed this at the beginning of the hearing […]
The Economic and Financial Crimes Commission has said the Commission will extradite a former Minister of Petroleum Resources, Diezani Alison-Madueke, from the United Kingdom, though the process may be long. The Secretary to the EFCC, Emmanuel Aremo, said this while addressing protesters at the headquarters of the commission in Abuja on Monday. The protesters, led […]
Members of the House of Representatives have raised doubt about the Federal Government’s claim that it spent over N1.3trn on capital projects in the county in 2016. Some lawmakers, who spoke exclusively with The PUNCH, said there was nothing to show that Nigerians felt the impact of the huge spending. Vice President Yemi Osinbajo had disclosed last […]
President Muhammadu Buhari on Monday said he was pleased with the progress being witnessed in all sectors of the economy. He expressed gladness that things were looking up after two years of what he called serious hard work. According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President […]
The Minister of Labour and Employment, Dr. Chris Ngige, will on Tuesday (today) meet with the President and executive members of the Academic Staff Union of Universities in Abuja to resolve the lingering strike by the union. A statement from Deputy Director (Press), Ministry of Labour and Employment, Samuel Olowookere, on Monday night, said the […]