Business

The Debt Management Office (DMO) has advised the Federal Government not to borrow above $22.08 billion in 2017. It gave the recommendation on Tuesday in its 2016 Debt Sustainability Analysis (DSA) report, obtained by the News Agency of Nigeria (NAN) in Lagos. In the report, DMO stated that the end-period …

There are strong evidences that Shell Petroleum Development Company of Nigeria Limited has been milking Nigeria dry through its activities. The federal government of Nigeria recently sued Shell Petroleum Company and its allied Shell Western Supply & Trading Limited for nearly $407 million as part of its battle to recover all monies …

Airtel Smart Icon, Patoranking was amongst the big winners at the recently concluded MTV Africa music awards in South-Africa. He raked up the Song of the year award with his hit song ‘My Woman, My Everything’ which featured Wande Coal. The Girlie O crooner, who has been receiving a lot …

Airtel Nigeriahasunveiled a new interactive USSD self-service short code, *121#, for easy usage and improved customer service delivery. With the new shortcode, customers can access all the services on the network faster, activate and deactivate services as well as have unlimited access to the exclusive value offerings available. Quick and convenient …

Unity Bank Plc has announced a Total Assets size of N476.15bn for the the quarter ended 30 September 2016 representing an increase of 7.4% or N32.6bn over N443.3bn recorded as at 31 December, 2015. According to the company’s filing with the Nigerian Stock Exchange (NSE), the Bank grew Customer’s Deposit to …

MTN Nigeria is in big mess as the company is now moving from frying pan to fire. The Senate told Nigerians that it had engaged the services of foreign forensic experts and lawyers to probe the $13.9bn allegedly transferred from Nigeria by MTN Nigeria illegally. The Chairman, Senate Committee on …

…seeks AMCON resolution of liabilities for prompt commencement of operations. “Subsequent to the takeover of the steel complex by the new owners, Premium Steel & Mines Limited, our hopes are very high and we hereby appeal to the AMCON to assist the new owner to start the resuscitation and bring …

Lagos, October 19, 2016 — Intent on promoting small businesses in Nigeria, Diamond Bank Plc, has teamed up with Microsoft, Intel, HP and MTN in a strategic partnership focused at providing SMEs in the country with essential tools required to give them the competitive edge in a dynamic business environment. …

The Ekiti State Government has dispelled the rumours that it has shut down the Ado-Ekiti branch of Access Bank Plc following last Monday’s attempt by agents of the Economic and Financial Crimes Commission to arrest Precious Chikwendu Fani-Kayode, the wife of former Minister of Aviation, Chief Femi Fani-Kayode, in the …

Veteran actor, Ayo Emmanuel AKA Nollywood Policeman had an exciting experience in his life on the 9th of October, 2016 during a regular service programme at the Champion Royal Assembly Abuja, Nigeria where Prophet Joshua Iginla ministered to the congregation during which he handed Ayo Emmanuel a well known actor …