Business news
The Indigenous People of Biafra, IPOB, has denied involvement in the setting ablaze of a correctional facility and investigations department at the police headquarters in Owerri, Imo State. The attack carried out by yet to be identified gunmen in the early hours of Easter Monday set hundreds of inmates free and suspects in police custody. […]
Nigeria’s federal government is poised to hold an “emergency meeting” with the Academic Staff Union of Universities (ASUU) over the union’s threat to embark on a fresh strike action. The spokesperson of the ministry of education, Ben Goong, said in a statement, on Monday, that the meeting is billed to be held Tuesday at the […]
A host of stakeholders from private and public sectors in the agricultural value chain gathered virtually to chart the path forward on the declining state of wheat production in Nigeria. The webinar themed; “Deepening the Wheat farming development in Nigeria through innovation, increasing investments and collaborations”, held on March 26th and was hosted by the […]
The Buhari administration has commenced the process that will pump the technology, entertainment and creative sectors with over N240 billion in financing and investment set to take off by the end of the year. A presidential source said at the weekend that the financing, which is a $500 million loan to be sourced from the […]
Consultants have taken over the provision of skeletal services to patients following the ongoing strike by the National Association of Resident Doctors (NARD), which enters the fifth day on Monday. Relatives have also intensified the evacuation of patients to private hospitals, THISDAY has learnt. When THISDAY visited the Abubakar Tafawa Balewa University Teaching Hospital […]
Saudi authorities said Monday that only people immunised against COVID-19 will be allowed to perform the year-round Umrah pilgrimage, starting from the holy month of Ramadan. The Ministry of Hajj and Umrah said in a statement that only “immunised people” will be granted permits to perform Umrah as well as prayers in the Grand Mosque […]
Joint Unions Action Committee (JUAC) in the Federal Capital Territory Administration (FCTA) and Federal Capital Development Authority (FCDA) have concluded arrangement to embark on indefinite strike. The joint unions are embarking on the strike over the non-implementation of the FCT Civil Service Commission Act. The Chairman of JUAC, Matilukoro Korede, while briefing reporters on Monday […]
LG has became the latest legacy phone-maker to exit “the incredibly competitive mobile phone sector” as it struggles in a market dominated by Apple, Samsung and growing Chinese manufacturers. The South Korean company said it will close its mobile business unit by the end of July. Instead of smartphones, it will focus on smart home […]
Access Bank has bought a controlling stake in South Africa’s Grobank for around $60 million and will shore up the bank’s capital, according to its chief executive. Access Bank has become the first Nigerian lender to venture into South Africa. Access took on both equity and debt in the South African bank, part of a […]
The Managing Director of Royal Exchange General Insurance Company (REGIC), Mr. Benjamin Agili has stated that his company will focus its digital transformation strategies and efforts on the retail side of the general insurance market in Nigeria. Speaking during an interactive session with insurance reporters, Mr. Agili, said, “We at Royal Exchange General see […]