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Over 90% of informal workers abandon personal pension plan

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VIDEO: Sanusi credits Lagos' economic growth to continuity
News

Why FG should disband NNPC – Sanusi

A former Governor of the Central Bank of Nigeria and deposed Emir of Kano, Lamido Sanusi, on Saturday gave reasons why the Federal Government should disband the Nigerian National Petroleum Company Limited. According to The PUNCH, Sanusi, who spoke at the 7th edition of the Kaduna Investment Summit (KADinvest 7.0) organised by the Kaduna Investment […]

FG, firm to build $1.5bn fertiliser complex
Business News

FG, firm to build $1.5bn fertiliser complex

A global provider of phosphate and its derivatives, OCP Africa and the Federal Government are set to build a $1.5bn fertilizer complex in Akwa Ibom State. According to The PUNCH, the firm in partnership with FG will establish a multi-billion dollar fertilizer complex in Nigeria to deepen the use of standard fertilizers by Nigerian farmers. […]

Kogi sues Dangote over Obajana ownership
Business News

NSC orders Kogi govt to reopen Obajana plant

Kogi State Government has been ordered to reopen the Obajana cement plant that was shut by its State Assembly last week. According to The Punch, the National Security Council gave the order at the security meeting held in Abuja on Friday. The council propose a legal route to quell all disputes between the warring factions […]

Why Nigeria must save oil revenues - IMF
Economy

Why Nigeria must save oil revenues – IMF

The International Monetary Fund has urged the Nigerian government to save up on oil revenues as fears of a global food shock rise. The IMF made this know on Wednesday, at the 2022 IMF/World Bank meetings held in Washington DC, United States. This is coming after recent revenue challenges in the country despite the boom […]

How Kaduna spent N181.6bn 2022 budget nine months - Report
Oil and Gas

Why FG should privatise oil, gas sector – El-Rufai

Kaduna State Governor, Nasir El-Rufai, said the federal government has failed in the oil and gas and should hands-off the sector for revitalisation. El-Rufai decried the government’s failure in the oil and gas sector when he appeared on Channels Television’s Sunrise Daily on Thursday when speaking on the seventh edition of KadInvest According to El-Rufai, […]

World Bank punishes Nigerian firms, individuals for corruption
News

World Bank punishes Nigerian firms, individuals for corruption

Seven Nigerian firms and individuals have been penalized by the World Bank over corruption during its 2022 fiscal year. According to The PUNCH, this information was disclosed in the Sanctions System Annual Report for the bank’s most recent Fiscal Year 2022, which ran from July 1, 2021, to June 30, 2022. The penalty list included […]

MTN has been given the approval to take over the Enugu-Onitsha Expressway construction under the road Infrastructure Tax Credit Scheme of around ₦202.8 billion.
News

FEC okays MTN’s ₦202bn Enugu-Onitsha road takeover

MTN has been given the approval to take over the Enugu-Onitsha Expressway construction under the road Infrastructure Tax Credit Scheme of around ₦202.8 billion. According to The Punch, The Federal Executive Council, on Wednesday made the announcement through the Minister of Works and Housing, Babatunde Fashola. Fashola disclosed this to State House correspondents shortly after […]

Reps stops CBNs sale of Polaris Bank
Banking Uncategorized

Reps stops CBNs sale of Polaris Bank

The House of Representatives has asked the Central Bank of Nigeria to halt the planned sale of Polaris Bank Plc. According to reports, the lawmakers urged the CBN to wait until all processes for an open, transparent, and competitive bid are completed in accordance with best practices and procedures for divestment of this type. The […]

WTO boss Okonjo-Iweala reacts to GCON honour
News

WTO boss Okonjo-Iweala reacts to GCON honour

The President, Major General Muhammadu Buhari (retd.), has on Tuesday conferred on the Director General of the World Trade Organization, Dr. Ngozi Okonjo-Iweala, the second highest honour in the land, the Grand Commander of the Niger. Okonjo-Iweala was among the over 400 Nigerians and foreigners who received the national honours at the Award Ceremony which […]

Obajana cement plant properly acquired- Dangote
News

Obajana cement plant properly acquired- Dangote

Dangote Cement Plc’s parent company, Dangote Industries Limited, insisted that all proper procedures were followed when it acquired the cement factory in Obajana, Kogi State. According to The PUNCH, this came after the Kogi State government alleged that the business lacked proof of ownership for the plant. According to an official statement, Kogi State had […]

Why others must envy, copy Lagos - Aviation Minister
News

Why others must envy, copy Lagos – Aviation Minister

  The Minister of Aviation, Hadi Sirika, has lauded the Lagos State for its growing economy, adding that the state should be emulated. Sirika said this while presenting the approval for the new Lekki-Epe airport to the Lagos State Governor, Babajide Sanwo-Olu on behalf of the Federal Government. The presentation was held at the Lagos […]

Nigeria gained $2.6bn from non-oil export six months
News

Nigeria gained $2.6bn from non-oil export six months

The Chief Executive Officer, Nigerian Export Promotion Council, Dr. Ezra Yakusak, has announced that Nigeria’s non-oil export sector gained $2.6bn in the first six months of 2022. He made this known in Ado Ekiti during a two-day Export hand-holding programme organised by NEPC for youth entrepreneurs in Ekiti State. According to The Punch, he stated […]

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