Business
Union, Keystone, Polaris boards sacked for threatening financial
The Central Bank of Nigeria has said that the boards of Union Bank of Nigeria, Keystone Bank and Polaris Bank were dissolved over infractions. In a statement signed by its acting Director, Corporate Communications, Sidi…
Optimera Energy constructs gas facilities in Lagos Free Zone
Optimera Energy LFZ Enterprise has flagged off the construction of infrastructure at the Lagos Free Zone to distribute natural gas to companies operating within the zone. Speaking during the groundbreaking ceremony held at…
Customs plan operational reforms
The Nigeria Customs Service, on Wednesday, assembled its top management staff from all over the country to deliberate on how to generate the N5.079tn revenue target allocation to the agency by the Federal Government in 2024.…
Court stops IGI AGM
The Federal High Court in Lagos has stopped Industrial and General Insurance Company Plc from holding its proposed Annual General Meeting scheduled for January 22, 2024. Justice Akintayo Aluko stopped the AGM when he…
NIPCO invests N100bn in CNG pipelines, stations
NIPCO PLC said it has invested over N100bn to lay pipelines for easy access to compressed natural gas from existing major trunks across its operating states and to build CNG stations across the country. The Assistant General…
CWAY rewards consumers
At least 30 Nigerians won different prizes during the just-concluded ‘Do More with Nutri Yo’ campaign. According to a statement by manufacturers of Nutri Yo, CWAY, the winners were presented with their prizes at a…
LCCI seeks clarification on penalty for non-compliance
The Lagos Chamber of Commerce and Industry has asked the Federal Government to clarify the penalty that would be meted out to government officials who fail to comply with President Bola Tinubu’s directive on the reduction of…
Turkish, Nigerian investors at loggerheads
The former Managing Director of Jubilee Syringe Manufacturing Company located in Akwa Ibom State, Mr Akin Oyediran, has revealed that the firm’s owners rejected efforts to secure a loan to keep it afloat. In an exclusive…
Cheers, knocks as FG 50% fare rebate ends
At the Oshodi Transport Interchange in Lagos, commuters reacted to the Federal Government 50 per cent transport subsidy, which ended last week. Passengers recount their experiences during the initiative, JUSTICE OKAMGBA…
More multinationals may exit Nigeria in 2024 – Report
Multinational firms in the Fast Moving Consumer Goods subsector may exit the country this year if the operating environment does not improve, according to a new report by a financial solutions firm, Cardinal Stone. The…
Weekly Popular
