Business news
The Federal Government has been told to adopt a smart card initiative that will enable interested owners of commercial vehicles, including official vehicles owned by educational institutions, hospitals, religious bodies and government agencies to register and obtain smart cards for purchasing fuel at regulated prices from petrol stations owned by the Nigerian National Petroleum […]
The Nigerian stock market appreciated by N517bn on Wednesday as the Nigerian Stock Exchange All- Share Index gained 3.6 per cent to settle at 41.816.11 basis points. A total of 60 stocks appreciated as the year-to-date return expanded to 9.3 per cent. The NSE market capitalisation rose to N14.88tn from N14.363tn. Similar to prior […]
The Edo State Government on Wednesday said it had signed a Memorandum of Understanding with a Chinese consortium for the construction of a modular refinery in the state. It said that the refinery, with capacity for processing 5,000 barrels of crude oil daily, would be handled by Peiyang Chemical Equipment Company of China, Sinopec […]
Dance expert and Dean, School of Postgraduate Studies, Federal University, Oye-Ekiti, Prof. Rasaki Ojo-Bakare, speaks on the state of the arts and culture industry, AKEEM LASISI writes What is your assessment of the creative industry in the last few years? In terms of availability of talents and quality of works, I am happy with […]
Nollywood actress, Mercy Aigbe has finally spoken on the controversial red dress she wore for her 40th birthday photo-shoot. The actress on her Instagram page said she contacted a stylist who got her all the clothes for her birthday and had no idea that the dress belonged to someone else let alone a bride. […]
The Kano State Police Command on Tuesday confirmed the arrest of a teenage wife, Sadiya Umar, who allegedly poisoned her husband, Sani Umar, killing him two weeks after their wedding. Our correspondent learnt that the incident occurred at Yakasai quarters in the Kano metropolis. According to a source, the late Sani, who allegedly ate […]
There was anxiety at the Lagos State University Teaching Hospital in Ikeja as a burglar ransacked the Male Surgical Ward B of the facility, stealing two phones and N7,000. The items reportedly belonged to a 75-year-old patient. The patient was identified simply as Kolawole. The burglar was said to have picked the man’s trousers […]
The Ekiti State Governor, Ayodele Fayose, has called on the Federal Government to put a permanent stop to the killings in Benue State by herdsmen. According to him, what is happening in Benue and other middle-belt states is more than a clash between herdsmen and local farmers, as it has got to the level […]
The Senate, on Tuesday, berated the Minister of Justice and Attorney General of the Federation, Mr. Abubakar Malami (SAN), for his moves to stop the National Assembly’s investigation into the controversial reinstatement of a former Chairman of the Presidential Task Team on Pension Reforms, Mr. Abdulrasheed Maina. The upper chamber of the National Assembly […]
The Federal Government approved N280.1m cash payments to former Presidents and Heads of State in 2017 to buy cars. Out of the money, N40m had already been released, but final releases would tally at “100 per cent. There is an outstanding balance of N240.1m to be paid to the former leaders. Vehicles worth N120m […]