Business news
The Honourable Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, has described as unprecedented the growth of ICT’s contribution to Nigeria’s GDP in the first quarter of 2020 (Q1 2020). The National Bureau of Statistics (NBS) released‘Nigeria’s Gross Domestic Product Report’ for Q1 2020 on the 25th of May, 2020. According to […]
The Indian government on Sunday commenced the evacuation of its citizens stranded in Nigeria as a result of the coronavirus (COVID-19) pandemic. According to a tweet by the High Commission of India in Abuja, the repatriation exercise was conducted in the early hours of Sunday with the airlifting of 312 Indian nationals. The Commission revealed […]
The Chairman of the Nasarawa State chapter of the Christian Association of Nigeria (CAN), Bishop Joseph Masin, who was abducted last week has regained his freedom. The Commissioner of Police in Nasarawa, Bola Longe, confirmed this to Channels Television on Sunday. He explained that the clergyman was freed by his abductors on Saturday night after […]
All Electricity Consumers Protection Forum says the power supply deal between the Federal Government and Siemens can help end the country’s energy crisis. Mr Adeola Samuel-Ilori, the National Co-ordinator of the forum, spoke to the News Agency of Nigeria (NAN) on Monday in Lagos while reviewing performance of President Muhammadu Buhari in the power sector. […]
The Presidential Task Force on COVID-19 has submitted parts of its recommendations on partial reopening of schools, places of worships and some additional businesses for possible consideration by President Muhammadu Buhari. The chairman of the PTF, who is also the Secretary to the Government of the Federation, made this known to State House correspondents at […]
The Defence Headquarters says the Air Component of Operation Hadarin Daji on Saturday destroyed a bandits’ logistics warehouse in an air bombardment along North of Birnin Kogo in Zamfara. The Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, in a statement , said the air bombardment was in continuation of the renewed onslaught against armed bandits […]
Lagos State Government has said that the multi-billion Naira, 32 Metric-Ton-per hour Rice Mill at Imota will be delivered on or before the end of this year. The State Commissioner for Agriculture, Prince Gbolahan Lawal, who disclosed this recently at the Y2020 Ministerial Press Briefing organised to commemorate the one year anniversary of the State […]
Guaranty Trust Bank Plc has been ranked Africa’s ‘Most Admired Finance Brand’ in the 10th anniversary ranking of Brand Africa 100: Africa’s Best Brands. The recognition was announced in a virtual event and would be published in the June issue of the African Business magazine. In the special report examining the results of the 2020 […]
ZENITH Bank Plc has been awarded the Best Bank in Nigeria, the Global Finance Magazine World’s Best Banks Awards 2020 has announced. The award, which was published in this month’s edition of the magazine, was based on the performances of the banks in their respective regions and countries over the period from January 1 to […]
The Central Bank of Nigeria (CBN), has revised timelines for reversals and/or resolution of refund complaints on electronic channels. The revised timelines will take effect from June 8, 2020. According to a statement issued in Abuja yesterday, the apx bank stated that with regards to failed “On-Us” ATM transactions (when customers use their cards on […]