Business news
The Federal Government has allayed the fears of the Federal Airports Authority of Nigeria (FAAN) workers of any lay-offs as plans to concession four major international airports in the country get underway. Aviation minister Hadi Sirika gave the assurance at a virtual meeting with aviation stakeholders in Lagos on Wednesday on the concession update of […]
The Biomedical Limited, an indigenous pharmaceutical company, says it is formally presenting 22 new syrups into the market as part of its 40 years of existence in Nigeria. Hon. Idowu Obasa, Chairman, Biomedical Limited, made the disclosure at media briefing in Lagos on Wednesday to mark the 40th Anniversary of the pharmaceutical company. The News […]
Organisers of the Students Against Hunger (SAH) online reality show is soliciting support for liberators in their quest to eradicate hunger and poverty. Liberator is a term use to describe participants in the ongoing education and entertainment based reality show, and Richlife Africa Projects ltd, organisers of the show said the liberators need votes from […]
An oil giant, Shell Petroleum Development Company, has finally agreed to pay a court-ordered N45.9billion compensation to an Ogoni community in Rivers State. Represented by Isaac Agbara and nine others, the Ejama-Ebubu community in Tai Eleme Local Government Area of Rivers State, commenced their suit about 32 years ago seeking damages against Shell for an […]
In Nigeria, more than 50% of the births of children under 5 remain unregistered. Globally, the births of 166 million children under 5 have never been recorded. Children on the African continent have the lowest birth registration rate in the world, with only 44 per cent of children registered at birth and millions of deaths […]
The Securities and Exchange Commission (SEC) I set to hold the Second Capital Market Committee (CMC) meeting in 2021 from Thursday August 12 to Friday 13, 2021. The meeting is scheduled to hold virtually through Zoom with key stakeholders in the capital market meeting on August 12, while the usual interface with the press, on the outcome […]
The Federal Government has said that it will work with China Railway Investment Group Limited (CRIG) to exploit the country’s vast mineral deposits. The Minister of Mines and Steel Development Olamilekan Adegbite, expressed government’s readiness while receiving the team of CRIG recently in Abuja. Adegbite said that the ministry would provide CRIG with opportunities to […]
The Presidential Steering Committee on COVID-19 (PSC), has said the country will begin administering the second batch of COVID-19 vaccines on August 10. This was made known by the committee’s Director of Publicity, Willie Bassey on Saturday in Abuja. This, according to Bassey, is to increase efforts to combat the third wave of infections. “The […]
The Senate Committee on Privatisation has commended the Skyway Aviation Handling Company PLC (SAHCO) not only for breaking even but for also making remarkable business progression in ground handling operations despite the numerous challenges facing the sub sector. This is just as he gave thumbs up to the ground handler for adding value to the […]
The Standards Organisation of Nigeria (SON) has collaborated with online trading platforms to wipe out substandard goods in circulation. The agency stated that the collaboration was to monitor the activities of unscrupulous dealers who would want to take advantage of online platforms to make Nigeria a dumping ground for substandard goods. The Head of Department, […]