• SEC, Journalists Synergise On Investor Education

    By BAYO AMODU, Abuja Capital Market regulator, Securities and Exchange Commission (SEC) has pledged to work with Finance Correspondents to ensure proper reporting of the capital market to enlighten and educate the investing public. Acting Director General of SEC, Dr. Abdul Zubair stated this when Executive of Finance Correspondents Association ...

  • Minister given N130m dud cheques, culprit sent to prison

    Abiodun Adisa, managing director of Picket Suites and Services Limited, who issued N130m dud cheques to one Okechukwu Enelamah,  will spend the New Year in jail. It was not clear whether the case was referring to the minister of trade and industry, who bears the same name. Adisa was sent ...

  • ‘December spending boosts Lagos economy by N50b’

    Lagos State said yesterday that its economy got a N50 billion boost this month through spending in the creative sector. Information and Strategy Commissioner Steve Ayorinde said from various reports, statistics and analyses monitored over the last few days, additional spending of about N50billion in the creative entertainment sector was ...

  • Petrol marketers to NNPC: Fed Govt owing us N800b

    Marketers yesterday rejected the blame  for the biting petrol shortage. The Nigerian National Petroleum Corporation (NNPC) claimed that despite getting forex at N305, marketers failed to import products. Besides they get products despite  owing the Petroleum Products Marketing Company (PPMC) almost N27 billion. But the Depot and Petroleum Products Marketers Association ...

  • Nigeria:'Why Nigeria Is Now One of the Best Investment Destinations'

    [Guardian] Minister of Industry, Trade and Investment, Dr. Okechukwu Enelama, in this interview with The Guardian's Abuja team, spoke on the achievements of the President Muhammadu Buhari administration from the perspective of the ministry. He provides a robust outlook on Nigeria's enabling business environment with clinical arguments of the country's ...

  • José Mauro da Cunha renuncia a cargo de membro não executivo da Pharol

    José Mauro da Cunha, presidente do Conselho de Administração da Oi renunciou hoje ao cargo de membro não executivo do Conselho de Administração da Pharol, anunciou hoje a empresa à Comissão do Mercado de Valores Mobiliários (CMVM), sem indicar o motivo.

  • Listas de Paula Franco e de José Araújo disputam 2.ª volta nas eleições da ordem dos contabilistas

    A lista liderada por Paula Franco foi a mais votada nas eleições dos órgãos sociais da Ordem dos Contabilistas Certificados (OCC), seguindo-se a lista de José Araújo, que irão a segunda volta a 08 de fevereiro.

  • Video: NNPC, DPR dispense 57,000 litres free to motorists

    A team of officials from Department of Petroleum Resources (DPR) Nigerian National Petroleum Corporation (NNPC) and security agents on Thursday dispensed 57,000 litres of petrol free to motorists. Mr Umar Ajiya, the Managing Director, Nigerian Product Marketing Company, NPMC, also known as PPMC, had on Dec. 13, warned illegal profiteers ...

  • NEPZA Nets $2.8bn in Foreign Direct Investment

    BY SOLOMON AYADO, Abuja The Nigeria Export Processing Zones Authority (NEPZA) has licenced three new Free Trade Zones (FTZs), netting the country over $2.751billion in Foreign Direct Investment (FDI) inflows. Managing Director of the agency, Barrister Emmanuel Jime disclosed this on Thursday in Abuja. He named the new FTZs as: ...

  • Southern Kaduna Attacks: Kaduna Govt Supports Military With Van And Bikes

    By MSUE AZA, Kaduna The Kaduna State government said, Christmas and Boxing Day celebrations have been peacefully observed in Southern Kaduna. In a statement issued by Governor Nasir El-Rufai’s spokesman, Samuel Aruwan, added that,the government welcomes the desired state of calm, and is proceeding with security and peace-building efforts to ...

  • WAEC To Partner Organisations In Educating Prisoners

    By BUKOLA IDOWU, Lagos The West African Examinations Council (WAEC) says it is ready to partner relevant organisations in assisting prison inmates to have easy access to education. The council’s Head of National Office (HNO), Mr. Olutise Adenipekun, told the Newsmen on Wednesday in Lagos that such collaboration would enhance ...

  • NNPC indicts marketers for failure to import fuel

    The blame game over the crippling fuel situation continued yesterday. On Tuesday, the Depot and Petroleum Products Marketers Association (DAPPMA) blamed the Nigerian National Petroleum Corporation (NNPC) for the shortage, claiming that its members’ “depots are empty” despite the NNPC’s claim that it had excess products to supply. Yesterday, the ...

  • ‘N20b fraud’: EFCC quizzes ex-UBEC boss Dikko, others

    Economic and Financial Crimes Commission (EFCC) detectives have quizzed a former Executive Secretary of the Universal Basic Education Commission (UBEC), Mallam Suleiman Dikko, for alleged N20billion fraud. Also grilled were contractors and top directors of UBEC, including those in charge of Finance and Procurement. Dikko’s and some contractors’ passports have ...

  • 250,000 Nigerians benefit from MTN’s ‘Season of Surprises’

    No fewer than 250,000 Nigerians benefitted from the just-concluded MTN ‘Season of Surprises’ give-back initiative. MTN’s General Manager Consumer Marketing Oluwole Rawa said the Season of Surprises team reached out to hundreds of thousandsof Nigerians over two weeks. According to him, many received gifts such as television sets, airtime, food items and ...

  • Boy stabbed to death over missing phone

    … Police arrest suspected killer The Ogun state Police Command has arrested a 21- year old Israel Oluranti for stabbing one Farooq Olusegun to death. Oluranti allegedly stabbed Farooq with jagged end of a bottle at Ope-Ilu area of Agbado, Ifo local government area of the state on Christmas Day and ...

  • Ex-NSITF boss: no link with Jonathan campaign

    THE former chairman of  the Nigeria Security Insurance Trust Fund (NSITF),  Dr. Ngozi Olejeme, has said she has nothing to do with former President Goodluck Jonathan’s campaign finance committee. She made the clarification in a statement issued in Lagos yesterday while reacting to her detention by the Economic and Financial ...

  • BBVA retira a su consejero en Merlin Properties tras reducir su participación en el capital

    BBVA ha retirado a su consejero en Merlin Properties, José Ferris Monera, tras haber reducido su participación en el capital de la socimi, según informó la compañía a la Comisión Nacional del Mercado de Valores (CNMV).

  • Economía.- BBVA retira a su consejero en Merlin Properties tras reducir su participación en el capital

    MADRID, 26 (EUROPA PRESS) BBVA ha retirado a su consejero en Merlin Properties, José Ferris Monera, tras haber reducido su participación en el capital de la socimi, según informó la compañía a la Comisión Nacional del Mercado de Valores (CNMV).

  • 2018: SMEs Hopeful As CBN Intensifies Intervention

    By SAM DIALA – There are strong indications that the sustained and diversified intervention programmes of the Central Bank of Nigeria (CBN) would provide the required platform for the  numerous micro, small and medium enterprises (MSMEs) to position for ultimate transformation into the arena of industrialisation. That would be a ...

  • Lagos CP denies Praiz ‘harassment’ allegation

    The Lagos State Commissioner of Police, Edgal Imohimi, on Monday denied claims by musician Praise Ugbede Adejo, popularly known as Praiz that he was harassed by the Policemen on duty. The musician had alleged on his instagram page on the 23rd of December with an hashtag  #Endsars that he was ...

  • Jonathan’s ex-campaign chief forfeits 38 houses

    The Economic and Financial Crimes Commission (EFCC) has traced 38 choice houses to a former Chairman of the Nigerian Social Insurance Trust Fund (NSITF), Dr. Ngozi Olojeme. Mrs Olojeme, Deputy Chairman of the Finance Committee of the Goodluck Campaign Organisation in 2015, is being investigated by the EFCC for alleged ...