Business

Ukrainian Company To Invest In Nigerian Energy Sector

A Ukrainian company, EDS, is making plans to invest in the energy sector to improve electricity supply in Nigeria. The Director of EDS, Zapyshynyi Olexandr, said the company was already…

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OYRLEA Gives Durantee Farm Final 14-Day Ultimatum Over Environmental Violations in Ibadan

The Oyo State Rule of Law Enforcement Authority (OYRLEA) has issued a fresh 14-day compliance…

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Lagos Court Sentences One Way Traffic Offender To 2months Jail Term

  The Federal Road Safety Corps (FRSC) says it  secured the conviction and sentencing of…

NIMC To Commence Nationwide Ward-Level Nin Enrollment Initiative

  The National Identity Management Commission (NIMC) is set to commence ward-level enrolment for the…

Senate Demands Timely Implementation Of Defence Budget, Warns Against Delays

  The Senate Committee on Defence, warns that delay in the implementation of Nigeria’s defence…

Federal Government Orders NAFDAC To Suspend Sachet Alcohol Ban

  The Federal Government has directed the National Agency for Food and Drug Administration and…

Oyo AAC Accuses Police of Illegal Arrests, Extortion, Warns of Public Resistance

The Oyo State chapter of the African Action Congress (AAC) has accused the Oyo State…

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Just for You

FIFA Targets Grassroots Buzz Ahead of 2026 World Cup With Ball Distribution Drive in US

FIFA has unveiled a nationwide grassroots initiative aimed at building momentum for the 2026 World…

Civil Society Groups Condemn Senate’s Electoral Amendment Vote as a “Setback for Integrity”

A coalition of prominent civil society organizations has issued a strong condemnation of the Nigerian…

Fire Guts Shops at Ogunpa Market in Ibadan, No Casualties Recorded

Some 10 shops were completely destroyed by a late-night fire at the Iya Maryam Adebara…

Streamer iShowSpeed Defends Africa Tour Focus Amid Collaboration Criticism

Popular American streamer iShowSpeed has publicly addressed growing criticism from local content creators in Nigeria…

Lasted Business

8 banks pay N200bn as income tax in Q1’24

Eight commercial banks paid N200.19 billion as income tax in the first quarter of 2024 (Q1’24). Data from the Q1’24 Financial…

Access Bank, Aig-Imoukhuede Foundation pledge $300m for Africa’s transformation

The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments to transform the economic landscape of Africa…

Dstv, Gotv subscriptions: FCCPC keeps mum on MultiChoice’s price hike

Federal Competition and Consumer Protection Commission (FCCPC), on Thursday, did not oppose the recent price hike on tariffs and cost…

Deployment of CNG pumps rises 233% — Pi-CNG

The deployment of dispensing pumps for Compressed Natural Gas, CNG, have risen by 233 per cent in six months since November…

JUST IN: NCC suspends issuance of virtual operators licence, two others

The Nigerian Communication Commission has announced a temporary suspension of new licence issuance to operators in three categories. The categories…

Nigerdock moves to secure operations, signs security agreement

IN a bid to further secure its area of operations, Nigerdock has signed an agreement with G4S, a global integrated security…

CBN kickstarts strategy to double remittances

The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting Approval-in-Principle (AIP)…

Indigenous Shippers Eye N11trn Annual Coastal Trade

Indigenous shippers are currently eying over N11 trillion which they hope to realise from coastal trade annually. They are therefore…

Manufacturers spend more on security than taxes — MAN

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has said many manufacturers in the country spend more money…

Ship owners urge Minister to address encroachment on NIMASA functions

Ship owners have called on the Minister of Marine and Blue Economy, Adegboyega Oyetola to address encroachment on the function of…