Business

The Federal Government through the Ministry of Transportation has revealed plans to improve the welfare of the staff of the Nigerian Railway Corporation and to foster better working conditions. The Minister of Transportation, Sa’idu Alkali, who made the disclosure recently during a familiarisation visit to the NRC’s Headquarters in Ebute-Meta, …

The Niger Delta Development Commission has promised to collaborate with the Oil and Gas Free Trade Zone Authority on the development of industrial parks in the Niger Delta region. The NDDC Managing Director, Dr Samuel Ogbuku, made this known during a courtesy visit by a delegation from the OGFTZA, led …

File photo: Tiktok A European Union regulator fined a Chinese-owned social media platform, TikTok, 345 million euro over child data breaches on Friday. Ireland’s Data Protection Commission said in a statement that it has handed down the “administrative fine”, which is equivalent to $369 million, over the breaches it uncovered …

The National Pension Commission (PenCom) will commence the 2023 online verification and enrolment exercise for prospective retirees of Federal Government Treasury-Funded Ministries, Departments and Agencies (MDAs) who are due to retire in 2024. The enrolment exercise will be held from 2 October to 31 December 2023. To adapt to the …

FirstBank has announced that its FirstEdu product designed to put schools at an advantage in the financing of capital projects such as the acquisition of new property, school expansion and reconstruction has been remodeled to a period of up to a maximum tenor of 48 months. Since its launch in …

In order to reward G-Kala savings account holders in the country, MoneyMaster Payment Service Bank (MMPSB), an initiative of Globacom, has offered an annual 8 percent interest to savings accounts holders with the bank. MoneyMaster explained in a press statement issued in Lagos that “both new and existing G-Kala savings account owners will …

…Provides local funding for stock purchase Lagos, Nigeria – September 14, 2023: Polaris Bank, in its show of commitment towards empowerment of Small and Medium-sized Enterprises (SMEs), is pleased to announce a strategic partnership with Export and Sell (EAS), a renowned expert in export solutions, to train and subsequently fund …

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled the highly anticipated second season of its transformative initiative – FUZE Talent Show. Building on the success of the inaugural season, FUZE Talent Show 2.0 is set to ignite the talents and aspirations of Nigerian youths once again. …

Bureau de change Photo credit: Tekedia The Police on Tuesday arraigned a Bureau De Change Operator, Atoyebi Bamidele, also known as Bam-Bam, before the Federal High Court, sitting in Lagos for allegedly obtaining N157m from traders in Alaba Market under false pretence. Bamidele who operates under the name Prosocial International …

NUPRC Logo The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Wednesday announced the outcome of the bidding exercise and issuance of letters of award to 42 companies/entities deemed successful in the keenly contested bid for 49 Flare Sites put forward during the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP) Auction …