Business

811 Articles
Business

Rowdy Session as Reps Summon CBN Governor Over ₦5.2 Trillion Surplus, ₦11 Trillion Revenue Gaps

A heated drama unfolded at the House of Representatives on Tuesday following revelations that the Central Bank of Nigeria (CBN) allegedly failed to...

Business

Senator Abiru Empowers 48 Cooperatives with N480 Million Take-Off Grant

Senator Mukhail Adetokunbo Abiru of Lagos East has officially launched 48 cooperative societies in his constituency, distributing a total take-off grant of N480 million....

Business

Nigeria Adds 450 MW to National Grid After Major Maintenance at Geregu Plant

The Niger Delta Power Holding Company (NDPHC) has restored 450 megawatts of generation capacity to Nigeria’s national grid following scheduled maintenance on the...

Business

Funmi Ekundayo Becomes President of Global Corporate Governance Body

Funmi Ekundayo, a seasoned governance expert and corporate executive, has been appointed President of the Corporate Secretaries International Association (CSIA), the worldwide organization...

Business

Nigeria Slashes Oil Block Fees to Boost Investment in Upstream Sector

The federal government has reduced the signature bonus required to enter oil blocks, lowering the fee to between US$3 million and US$7 million for the...

Business

Nationwide Glo Data Disruption Leaves Subscribers Offline

Telecommunications provider Globacom has confirmed a major network outage that disrupted mobile data services for customers across Nigeria on Tuesday morning. The incident...

Business

EFCC Witness Claims Arik Air Money Was Channelled Into NG Eagle Operations

A witness for the Economic and Financial Crimes Commission (EFCC) has told the Special Offences Court in Ikeja that large sums belonging to...

Business

LAUTECH Teaching Hospital Rolls Out Major Digital Upgrade Plan in Oyo

The newly constituted governing board of the LAUTECH Teaching Hospital, Ogbomoso, has announced a comprehensive plan to reposition the health facility through wide-ranging...