Category: Business

BUA lies on claims to Mines ownership – Dangote

The management of Dangote Industries Limited has again vehemently rejected the many assertions of BUA Group, on its dubious claim to being the rightful owner of Mining...

Ethiopian Airlines Makes History iIn Nigeria

Ethiopian Airlines recently made history as it operated its first all-women flight to the Murtala International Airport, Lagos on a Boeing B777-300 ER plane. The crew...

Nigeria remains investor destination of choice, says IMF

The International Monetary Fund (IMF) has described Nigeria as an investment haven, urging the nation’s monetary and regulatory authorities to roll out policies that...

PPMC insists $250m from Duke Oil was for products traded

The Petroleum Products Marketing Company (PPMC) has insisted that the $205,203,891.09 it received from Duke Oil was for products traded. The PPMC Managing Director, Mr....

Sokoto Cement explains non-payment of dividend to shareholders

The challenges of infrastructure decay and the burden of retooling have been identified as the major impediment against the declaration of dividend for shareholders by...

Trump impressed by China’s Trade on North Korea

US President Donald Trump, on Thursday, pressed China to do more on the North Korean nuclear issue and said bilateral trade had been unfair to the United States. Trump,...

Farmers beg fed govt not to lift ban on rice importation

Chairman of Rice Farmers in Daura, Katsina State, Alhaji Jamilu Ibrahim, has urged the Federal Government not to lift the ban on the importation of rice. The Federal...

Court dismisses Globacom’s N50 million suit against EFCC

A Lagos Division of the Lagos State High Court has dismissed a N50 million suit brought against the Economic and Financial Crimes Commission by telecommunication giant,...

Preisdency denies awarding contracts worth $25bn

The Presidency on Sunday said no contracts worth 25 billion dollars were awarded by the Nigerian National Petroleum Corporation (NNPC) neither was 25 billion dollars...

Nigerians need to tolerate more debts – Finance Minister, Adeosun

Kemi Adeosun, minister of finance, says Nigerians need to tolerate more debts to allow the Muhammadu Buhari-led administration deliver on its plans for the country. The...