Business news
The clampdown by Nigerian authorities on the press, including by raiding media organisations and arbitrarily detaining journalists, is having a chilling effect preventing people from freely expressing themselves, Amnesty International said . In 2018, at least four journalists were arrested in Nigeria, double the number in 2017, the organization revealed as it launches “Press For […]
It you ask Tony Elumelu if Africa would profit from free trade, the Nigerian entrepreneur and philanthropist does not have to think long. “If we look at other parts of the world, intra-regional trade helped significantly. For us to develop in Africa, we must embrace this,” he told DW at the World Economic Forum in Davos. “We […]
Managing Director, Ecobank Nigeria, Patrick Ainwuntan has said the bank’s decision to charge zero fee of (on) RapidTransfer remittances is borne out of the need to ensure Nigerians abroad are able to send home 100 percent of monies made through hard work. According to him,” “Because we are able to do it per scale […]
THE Nigeria Centre for Diseases Control, NCDC, has confirmed 16 deaths from 60 cases of Lassa fever in eight states. NCDC also established that 590 out of 593 contacts are currently under watch in the eight States of the Federation since the beginning of the year. Giving an update of this development ,the Director General […]
Economic confidence level falls by 3% to its lowest since 2017 Q4. Confidence levels higher in Africa is second only to South Asia globally, beating North America, Middle East, Central and Eastern Europe, Asia Pacific, Western Europe and Caribbean After a fall in the final quarter of 2018, Nigeria is facing its lowest economic confidence […]
Nigerian Breweries Plc., (NB) has reiterated that there is no fake Amstel Malta in the market . NB is giving this assurance to their valued consumers and lovers of Amstel Malta to quell the rumour circulating on some social media platforms alleging the existence of a ‘fake’ Amstel Malta in the market. The claim, in the video under […]
A text of the Civil Society Press Conference on the State of the Nation released on January 21, 2019 When Nigeria returned to democracy in 1999, there were high expectations that Nigeria, with its vast natural resources and immense human potential, would soon emerge as a country to be reckoned with globally. Almost 20 years […]
A former Minister of State for Defence, Musiliu Obanikoro, told Justice Mojisola Olatoregun of the Federal High Court sitting in Ikoyi, Lagos how in 2014, he gave various sums of money to a former governor of Ekiti State, Ayodele Fayose, who is being prosecuted for an alleged N2.2 billion fraud. Fayose was arraigned along with […]
The Economic and Financial Crimes Commission, EFCC, has arraigned one Ayodeji Ibrahim Oluokun along with his company, Peak Petroleum Industry Nigeria Limited for issuance of dud cheques to the tune of $1.6 million. He was arraigned before Justice Oluwatoyin Taiwo of the Special Offences Court sitting in Ikeja . As was contained in a press release by Tony Orilade […]
As part of efforts to discover and celebrate creative young talents in Nigerian Universities, a new creative contest, Future Brand Idol (FBI) has been launched in Lagos. The launch, according to a press release by the brand manager , Tomori Uriel , which held at the Oxygen Academy Lagos, had in attendance key stakeholders from […]