Business news
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 […]
The second edition of the Lagos State Micro, Small and Medium Enterprises Exclusive Fair commences today at the Teslim Balogun Stadium, Lagos. It featured items locally produced by young and upcoming entrepreneurs in the State. The Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye said that this year’s event themed, “Unleashing the Potential of […]
With the big event Saturday night—yes, it’s called a fight, but it’s an event—between undefeated boxing champion Floyd Mayweather Jr. and Irish mixed martial arts leader Conor McGregor, PR pros cannot help but think how much this contest’s publicity has garnered. Regardless of who eventually emerges victorious in what some are calling a modern-day David and Goliath […]
The British Broadcasting Corporation on Monday launched BBC Pidgin as part of the biggest expansion of the World Service since the 1940s. The BBC Pidgin, the first African digital service, will provide news, current affairs and analysis of Nigeria, West and Central Africa – as well as international news from the BBC’s global network of correspondents. . […]
Facebook Inc. is once again in hot water for allowing objectionable videos on its website, this time drawing a rare rebuke from a United Nations agency. The U.N. migration agency hammered the social network for allowing what it said was a “horrifying” video showing gangs in Libya threatening to harm a group of terrified migrants, […]
Lagos state residents have commended the State Government as they have commenced the sale of Lake Rice in designated centres as announced for the forthcoming Eid-el-Kabir celebration. In most of the sale centres visited, residents were seen queuing up and buying the item in orderly manner. 50kg of the rice was sold for N12,000, 25kg […]