Business news
The wife of the Governor of Lagos State, Mrs. Bolanle Ambode has expressed optimism that Female Genital Mutilation could be stamped out of Africa by 2030 . She observed that all individual and institutional stakeholders could work together towards achieving the objective. Speaking at a ceremony organised to mark this year’s International Day of Zero […]
The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday said the huge amount that the Federal Government was spending on infrastructure projects across the country was attracting fresh investments into the country. The minister stated this when a delegation of about 20 investors visited her at the headquarters of the finance ministry in Abuja to […]
The Nigerian Civil Aviation Authority says it has set up a four-man team to investigate the alleged incident involving Dana Air’s flight on Wednesday. A passenger had taken to Twitter to complain that the door of an aircraft belonging to the airline fell off upon landing in Abuja. The passenger, Ola Brown, with Twitter handle, […]
The Federal Government borrowed $300m from Nigerians in the Diaspora before it secured the approval of the National Assembly, the Debt Management Office indicated on Wednesday. The DMO gave this indication in a response to an enquiry by a non-governmental organisation, Social Action Nigeria. Social Action Nigeria had in a letter written to the DMO […]
Telecoms operator, MTN Group Limited, is planning to raise about N153bn ($500m) from the sale of shares in its Nigerian business during the first half of this year, fulfilling the terms of a deal struck with the country to settle a record fine, Bloomberg has reported, quoting people familiar with the matter. Standard Bank Group […]