Category : Business

Suspended NHIS boss, Yusuf sues Ministers, scheme

2 weeks ago / 1 comments

The suspended Executive Secretary of the National Health Insurance Scheme (NHIS), Usman Yusuf, has sued two ministers and NHIS to a Federal High Court in Abuja, challenging his suspension from … Read more

FRC set to release new audit regulation rules

2 weeks ago / 1 comments

  The Financial Reporting Council, (FRC)  is set to introduce new rules on audit regulation in the country. Chairman of the FRC, Mr. Adedotun Sulaiman, disclosed this in Lagos while … Read more

Dangote group responsible for over 10% of Nigeria’s GDP — Report

2 weeks ago / 0 comments

  Aliko Dangote, Africa’s richest man, and his conglomerate, Dangote Group, have been reported to be responsible for over 10 percent of Nigeria’s gross domestic product, GDP. Alhaji Aliko Dangote The … Read more

FG to invest N500bn in 5 yrs to bridge housing deficit — Presidency

2 weeks ago / 0 comments

  The Federal Government will over the next five years invest N500 billion to bridge the housing deficit through the Family Homes Fund (FHF). Mr Adeyemi Dipeolu, the Special Adviser … Read more

It’s a shame we don’t know how much oil Nigeria is producing – Falana

2 weeks ago / 0 comments

  Human Rights Lawyer, Mr Femi Falana, said it was shameful that there was no accurate record of the volume of crude oil being produced in Nigeria daily. Falana spoke … Read more

NEIT faults reports of non remittance of $22bn by NNPC

2 weeks ago / 0 comments

Waziri Adio, Executive Secretary NEITI The Nigerian Extractive Industries Transparency Initiative has said that the sums of $22.06bn and N481.75bn listed as yet to be remitted to the Federation Account … Read more

Prezda to the rescue

2 weeks ago / 0 comments

  A locally designed and assembled six-seater tricycle, pezda has made its debut into the transport industry. Chief Executive Officer of Prezda Alliance Company limited, Joel O. Ogbonna said during … Read more

Forum on China — Africa Cooperation Summit: Buhari arrives in Beijing

2 months ago / 0 comments

  President Muhammadu Buhari on Saturday arrived in Beijing, China, to participate in the 7th Summit of the Forum on China — Africa Cooperation (FOCAC 2018). The president’s Personal Assistant … Read more

Bank of Japan vows to keep the lid on interest rate

2 months ago / 0 comments

  The Bank of Japan will not raise interest rates “for quite a long time”, its chief said in an interview published Saturday even as its US and European peers … Read more

$8.1bn illegal transfers: Senate cleared us—MTN insists

2 months ago / 8 comments

  Telecommunication giant MTN, has refuted claims by Central Bank of Nigeria (CBN) that it illegally repatriated $8.1billion from its Nigerian operations to offshore investors, in collusion with four Nigerian … Read more