Opinions of legal experts were sharply divided on Thursday on the order of the Federal High Court, Abuja proscribing secessionist group, the Indigenous People of Biafra, which also classified the agitators as a terrorist organisation. The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), had, on Wednesday, on behalf of […]

Food and beverage company, Ashmina Limited, manufacturer of Aquadana bottled water, has said that it has been presented with the NIS ISO 9001:2015 certificate by the Standards Organisation of Nigeria in recognition of its quality management standards. According to the firm, it is the first food and beverage company to get certified with the highest […]

Electricity generation companies currently owe Deposit Money Banks a total of N356bn, while the power sector lost over N500bn revenue in 2016 alone. Also, 50 per cent of the total quantum of electricity being generated across the country is lost as a result of poor distribution network in the system, and power consumers owe operators […]

A Central Bank of Nigeria requirement that companies back forward dollar purchases with naira is drying up supplies of the local currency. The development has helped to underpin a 2.1 per cent gain since the naira fell to a record low against the greenback on August 9. Also, an increase in the Federal Government’s borrowing […]