By MBAFAN ADE, Abuja – Nigeria’s Vice President, Senator Kashim Shettima, has inaugurated the newly re-constituted National Council on Privatization (NCP), with a charge to members to champion the road to the economic prosperity of the Nation. Inaugurating the new NCP at the State House in Abuja on...
BUSINESS
The Ministry of Aviation, has said it is working on plans to ensure that commercial airlines operating in Nigeria pay compensate to passengers for delayed or canceled flights as from January. The Minister of Aviation, Mr Festus Keyamo, said this when he appeared before the Joint Committee of...
TAJBank Limited, one of Nigeria’s leading non-interest banking services provider, has again set a record with Bbb+ rating by the foremost rating agency – Agusto & Co. This makes the it the best rated in the nation’s Non-Interest Banking (NIB) space. According to a statement by Founder and...
Access Bank has unveiled a special festive season campaign to attract and reward their customers with exciting perks and benefits. The Group Head, Consumer Banking, Mrs Njideka Esomeju, said in a statement on Tuesday in Lagos. The statement said the campaign would reward customers with cash prizes up...
The holiday season is not only a time for celebration and festivities but also a peak period for shopping, both online and offline. In Nigeria, the dynamics of holiday shopping have evolved over the years, influenced by changing consumer behavior, technological advancements, and economic factors. As we delve into...
The National Chairman of Petroleum Tanker Drivers (PTD) Branch of NUPENG, Comrade Lucky Osesua, has cautioned drivers across the 4 zones of the union not to be taken in by the gambit of the General Secretary of NUPENG, Afolabi Olawale, on the reintroduction and launch of the health insurance...
By MARGARET TIZE, Abuja – Independent Capital – a visionary project finance firm, has blazed the trail in the country by championing green innovation and facilitating as well as supporting green innovative projects in Nigeria. This is coming on the heels of the plan by the Nigerian government to...
The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will meet and surpass the 2024 crude oil production budget benchmark of 1.7 million barrels per day (bpd). Lokpobiri said this at a stakeholder’s interactive session on Creating Value and Enabling Investments in Nigeria’s Oil and...
By OLA MODUPE, Lagos – MTN Nigeria has debunked media reports that IHS Towers has offered the company improved terms for the lease of 2,500 sites that match the terms of ATC, which recently won the contract following a highly competitive bidding process. “These reports are not...
By OFFOR CALLISTUS, Abuja – The leadership of the Nigerian Communications Commission (NCC) is excited about Nigeria’s impressive performance at the ongoing International Telecommunications Union (ITU)’s World Radio Communications (WRC) Conference 2023, holding in Dubai, United Arab Emirates, where two Nigerians were elected into leadership positions, while...
The Central Bank of Nigeria (CBN), on Monday, announced the suspension of the processing fees on cash deposits charged banks and other financial institutions till April, 2024. The CBN Director, Banking Supervision, Dr Adetona Adedeji, disclosed this in a circular addressed to “all banks, other financial...
The equity market on Nigerian Exchange Ltd. (NGX) on Monday closed on a positive note, due to bargain hunting in Airtel and Ecobank Transnational Incorporated (ETI). Specifically, the market capitalisation increased by N70 billion or 0.18 per cent, closing at N39.219 trillion as against N39.149 trillion which posted...
Nigeria needs to review its fiscal policy and embark on tax reforms to earn enough revenue to run the economy. Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, made the declaration in Abuja on Monday while defending the ministry’s 2024 budget before the Senate...
The Nigeria Customs Service (NCS) has planned to generate N6 trillion as Internally Generated Revenue (IGR) for the Federal Government in 2024. The NCS Comptroller-General, Mr Adewale Adeniyi, stated this at the 2024 budget defense before the House of Representatives Committee on Appropriation on Monday in Abuja. Adeniyi...
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN), has assured the banking public that Nigerian banks are buoyant, hence, they are not in distress. The CBN Acting Director, Corporate Communications, Mrs Hakama Sidi Ali, disclosed this in a Statement issued on Monday in Abuja....
A former Assistant General Manager (AGM), Technical of NICON Insurance Company Limited, Mr Sunday Akintunde, has filed a N492 million suit against the company over allegations bordering on backlog of unpaid salaries and other entitlements. Akintunde, in an amended suit marked: NICN/ABJ/264/2023 filed at the National Industrial Court, Abuja,...
By BOLAJI ISREAL December is a month filled with joy, celebration, and reunions. It is a time when families come together, friends reconnect, and the spirit of giving and love is in the air. December Issa Vybe In Nigeria, December holds a special place in the hearts of...
By OLA MUDOPE, Lagos – Ethiopian Aviation University, the largest aviation center of excellence in Africa, graduates 627 aviation professionals in a ceremony held at the newly upgraded Ethiopian Aviation University. The graduates were trainees in the University’s Pilot, Aircraft Maintenance Technician, Cabin Crew & Catering, and...
Managing Director of the Niger Delta Development Commission, NDDC, Dr. Samuel Ogbuku, has assured that the Commission will continue to adopt measures to promote the use of clean energy as part of the solution to the global climate change challenge. Speaking in a live interview on ARISE Television, after...
By CALLISTUS OFFOR, Abuja – Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has said competition is key to the healthy growth of the telecoms sector. Maida, who spoke on Wednesday when he received a delegation of management of Airtel Networks Limited in Abuja, said the Commission will give...