Business news
Italy’s No. 1 fugitive, Matteo Messina Denaro, a convicted Mafia boss who ordered some of the nation’s most heinous killings, was arrested Monday at a private clinic in Sicily after three decades on the run, Italian paramilitary police said. Messina Denaro was captured at the Palermo clinic where he was receiving treatment for an undisclosed […]
The National Bureau of Statistics (NBS) in its latest inflation report showed a decline of 0.13% between November and December. “In December 2022, the headline inflation rate eased to 21.34% compared to November 2022 headline inflation rate which was 21.47%,” the NBS report partly read. “Looking at the trend, December 2022 inflation rate showed a […]
The presidential candidate of the Labour Party (LP), Peter Obi has vowed to dismantle the “structure” holding Nigeria captive and preventing the nation from advancement and progressive development. Obi, a former governor of Anambra State spoke on Monday when he discussed his plans at a world-leading policy institute and think-tank forum, Chatham House in the […]
The Central Bank of Nigeria (CBN) has unveiled an Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing of Weapons of Mass Destruction in Financial Institutions) Regulations, 2022, (CBN AML/CFT/CPF Regulations) to check abuses in the financial system. The apex bank stated that the objective of the guidance was to assist financial institutions […]
Habanera Limited a subsidiary of leading international tobacco company Japan Tobacco International (JTI) has once again been recertified and recognised as one of the only 12 Nigerian Top Employers by the Amsterdam-based Top Employer Institute for the 4th consecutive year. Globally, JTI was also recognised as a top employer for the 9th consecutive year. This […]
Close to 1 billion people in low- and lower-middle income countries – 1 in 8 of the world’s population –are served by health-care facilities that lack a reliable electricity supply, according to a new report from the World Health Organization (WHO), the World Bank, the International Renewable Energy Agency (IRENA), and Sustainable Energy for All […]
Terrorists armed with sophisticated guns on Sunday attacked the New Life For All Church in the Kankara Local Government Area of Katsina State, kidnapping at least 25 worshippers. Eyewitnesses told Channels Television that the terrorists riding on motorcycles invaded the church at Dan-Tsauni Gidan Haruna Community in the early hours of Sunday when faithful were […]
Winifred Bosa The National Assembly leadership has been urged to cut the lawmakers’ budget in line with the current economic realities. In a statement on Sunday, the Socio-Economic Rights and Accountability Project (SERAP) asked the Senate President, Ahmad Lawan, and Speaker of the House of Representatives, Femi Gbajabiamila, to “promptly cut the outrageous National Assembly […]
The Managing Director, Skyway Aviation Handling Company (SAHCO) Plc, Mr Basil Agboarumi, has called on the Federal Government to grant duty waiver on operational equipment for ground handling companies operating in the nation’s airports. Agboarumi said this during a courtesy visit by the leadership of the Capital Market Correspondents Association of Nigeria (CAMCAN) in Lagos. […]
A team of four researchers from the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso in Oyo State, have won N89.1 million as a research grant from the Tertiary Education Trust Fund (TETFund), under the 2021 TETFund National Research Fund (NRF) Intervention. The Principal Assistant Registrar, Public and Alumni Relations, LAUTECH, Olalekan Fadeyi, made this known […]