Category: Business

PenCom lauds pensions reforms

The National Pension Commission (PenCom) has commended the series of reforms in the sector, which has raised accumulations from contributors to N8trillion, as well as...

Ajaokuta Steel Company can’t work now – Akoko

Communities which own the land on which Ajaokuta Steel Company is built say the firm cannot take off unless their angry ancestor, Egbunu Akoko,” is pacified. The...

Coca-Cola produce first Alcoholic drink

Coca-Cola has launched its first alcoholic drink, a lemon flavoured alcopop, in Japan in a bid to tap new markets and consumers. In a global first for the US drinks...

President Buhari says economic saboteurs are enemies of the Country

President Muhammadu Buhari has said those who mismanaged Nigeria’s economy in the past, through fraudulent electricity projects and misuse of revenue earnings from...

MasterCard foundation to empowers 30million African youths

Ms Reeta Roy, the President of MasterCard Foundation, a multinational firm, on Monday said the foundation targeted to empower 30 million young Africans economically. Roy...

Nigeria must take loans to fund 2018 budget – DMO

The director general of Debt Management Office (DMO), Patience Oniha, says the federal government must take loans to fund the 2018 budget and the capital projects....

States seek to take over payment of petroleum subsidy

The Nigerian Governors’ Forum (NGF) has called on the Federal Government to allow state governments take over the payment of petroleum subsidy based on the needs of...

Shareholders sign Lafarge Africa N13.01 billion dividend payout

For increasing value on investment through dividend payout, shareholders of Lafarge Africa Plc, has commended the board for its 2017 performance, as they approve a total...

The African Development Bank (AfDB) approve $100m loan for fertiliser and chemicals

The African Development Bank (AfDB) has approved a $100 million loan for Indorama Eleme Fertiliser & Chemicals aimed at helping it boost fertiliser production, the...

Bauchi to retain retiring agric extension workers

The Bauchi State Government says it will retain some retiring agricultural extension workers, in its efforts to revitalise its agricultural sector. ‎ The Commissioner...