FG promises to revamp steel sector to boost Nigeria’s economy The federal government has said it will revamp the nation’s steel sector to enhance the economy and create employment opportunities. The minister of steel development, Shuabi Audu, said this in Abuja when he met with heads of agencies and[Read More…]
PenCom gives deadline for employers to submit incomplete remittance documentation to PFAs The National Pension Commission (PenCom) has given employers with incomplete remittance documentations till December 31, 2023 to provide their Pension Fund Administrators (PFAs) requisite information to facilitate the crediting of pension contributions into the employees RSAs or[Read More…]
Dangote drops in Forbes ranking, loses N553 billion Africa’s richest man, Aliko Dangote, stands on the brink of losing the title. On Thursday, Forbes downgraded his worth by more than 6 per cent. His rival, Johann Rupert, is $100 million away from displacing Dangote in the African category of[Read More…]
FG directs all international airlines to vacate MMIA by October 1 The Federal Government has directed all international airlines to vacate the Murtala Mohammed International Airport (MMIA) with effect from October 1, 2023. The directive by the government is to give room for the total maintenance work at the[Read More…]
Uber launches electric bike in Kenya, Nigeria to follow Global ride-hailing giant Uber on Thursday launched an electric motorbike service in Kenya, as the company seeks to make its global platform emissions-free by 2040. Uber’s general manager for sub-Saharan Africa, Kagiso Khaole said the rollout in Kenya will be[Read More…]
Nigerian Equities extend gains, rakes N61 billion Nigerian equities market ended the trading session for August 2023 bullish as Investors continue to buy into blue-chip firms. The All-Share Index (ASI) traded 0.16% higher to close at 66,548.99 index points as against 66,439.53 index points recorded in the previous day’s trading[Read More…]
Fidelity Bank to help Schools prepare for New School Session with Edu Loan Product As the summer break winds down, leading financial institution, Fidelity Bank Plc, has emphasised its devotion to help schools prepare adequately for the next session and deliver quality education. Through its bespoke product known[Read More…]
NNPP BoT suspends Kwankwaso over alleged anti-party activities Board of Trustees (BoT) of New Nigeria Peoples Party (NNPP) , has suspended Rabiu Kwankwaso over alleged anti-party activities. The suspension of Kwankwaso, the party’s presidential candidate in the February 25 election, was announced yesterday, at the end of a meeting, held[Read More…]
Zenith Bank appoints Juliet Ehimuan as Non-Executive Director The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appointment, which was announced yesterday in a statement to the Nigerian Exchange (NGX) Limited, has also be[Read More…]
Tinubu sacks Onochie, others on NDDC board, management President Bola Tinubu has disbanded the board and management of the Niger Delta Development Commission (NDDC) led by Lauretta Onochie. This is coming less than a year after it was appointed. In its place, he has appointed a new board headed[Read More…]
