Business

The Nigeria Sovereign Investment Authority on Monday received members of the House of Representatives who were in Lagos to inspect projects undertaken by the Authority and their impact on the economy. Key areas of focus for the Lagos visits were Healthcare, Infrastructure and Agriculture. The Ad-hoc Committee was constituted by …

The Nigerian Electricity Management Services Agency (NEMSA) has assured customers that the ongoing electricity meter upgrade process will not affect the credit unit balance in their meters. Aliyu Tahir, managing director of NEMSA, gave the assurance in a statement in Abuja on Sunday, addressing the issue of standard transfer specifications …

New N1,000, N500 and N200 Notes Issued By the Central Bank Of Nigeria Nigeria earned the sum of N1.49trn from Value Added Tax within the first six months of this year, a report released by the National Bureau of Statistics has revealed. A breakdown of the N1.49trn showed that the …

Betta Edu, minister of humanitarian affairs and poverty alleviation, says plans are underway to revamp the N-Power scheme to accommodate more beneficiaries and ensure prompt stipend payment.  The N-Power scheme is an initiative aimed at building the skills of youth and promoting entrepreneurship. In a statement on Sunday in Abuja, …

… Cement sells at an average price of N6,216 in Benin despite the regulation The allegation that went viral on social media last week that Dangote Cement Plc was selling a bag of 50kg cement to Nigerians at an exploitative rate of N5,200 while it sells the same quantity of cement …

The International Facility Management Association (IFMA) Nigeria Lagos Chapter will co-host an event on “Delivering Effective and Sustainable FM in the Built Environment” at Big 5 Construct Nigeria, Nigeria’s largest construction industry event. The event will be held on Thursday, 7th September, at the Landmark Event Centre in Lagos. The …

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the unlawful ban and withdrawal of the accreditations of 25 journalists and media houses from covering the Presidential Villa.” SaharaReporters recently reported that the Presidency withdrew the accreditations of some 25 journalists from covering …

The Human and Environmental Development Agenda (HEDA Resource Centre), an anti-corruption organisation, has petitioned the National Security Adviser (NSA), Mallam Nuhu Ribadu, to launch an immediate investigation into allegations of mismanagement and corruption in the Nigeria Police Trust Fund (NPTF). In a petition dated August 21, 2023, and addressed to …

DIRISU YAKUBU examines some of the ministers that will determine the performance of President Bola Tinubu in the next four years It is a difficult time to be a Nigerian. Living in a Hobbesian fictional world, where everything seems nasty, brutish and short, particularly in the turbulent eight years of Muhammadu Buhari’s …

R-L: Bola Tinubu and Mele Kyari Africa’s biggest oil producer will likely pocket over $4.43bn in September as the Nigerian National Petroleum Company Ltd begins pumping 1.67 million barrels of crude oil into the market. Nigeria, which is the continent’s top oil producer recorded an average daily oil production of …