Category: Business
Oodua Investment jumps profit by 11.5% to N5.2b in 2020
Our ReporterJul 16, 2021
….Sets to develop oil field The Oodua Investment Company jointly owned by South West States of Ogun, Ondo, Ekiti, Osun, Lagos and Oyo has declared N5.203 billion...
Fashola proposes three-month rent collection by landlords
NewdawnJul 16, 2021
The Minister of Works and Housing, Babatunde Fashola, has suggested the collection of three-month rent by landlords and property owners as against the...
Reps reject Bauchi as oil-producing state
Our ReporterJul 16, 2021
The House of Representatives has rejected a motion sponsored by Yakubu Abdullahi, asking the Federal Government to declare Bauchi State as an oil-producing...
Again, Senate approves Buhari’s request for $8.325m, €490m external loans
Our ReporterJul 16, 2021
The Senate, on Thursday,again approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 and €490,000,000 (Euros) under...
Kwara Govt awards interest-free loan to 170 young business owners
Our ReporterJul 15, 2021
•  Inclusive growth key to devt, cohesion: Gov • AbdulRazaq hails applicants’ success drive No fewer than 170 young people with businesses in the...
Capital Market key catalyst for development – Ahmed
Our ReporterJul 15, 2021
Nigerian capital market has been described as a key catalyst for the development of the critical sectors of the economy as it poses a credible platform of obtaining...
SEC, MMSD hold webinar on commodities trading ecosystem
Our ReporterJul 15, 2021
In its avowed commitment to deepen the commodities trading ecosystem and attract more foreign exchange to the country, Securities and Exchange Commission is set...
Nigeria appoints four asset managers for $37bn infrastructure company
Our ReporterJul 15, 2021
The Federal Government has appointed four asset managers to manage Nigeria’s newly established Infrastructure Company of Nigeria Limited (Infra-Co)....
Concessioning of Calabar, Kano Free Trade zones: FG targets N5b yearly earnings
Our ReporterJul 14, 2021
The Federal Government will earn N5 billion annually from the planned concession of its two free trade zones, located in Calabar and Kano. Director-General, the Bureau...
Three reported dead as traders, Airforce men clash again at Ladipo Market Lagos
Our ReporterJul 14, 2021
The frequent clashes between traders and and men in military uniform at Ladipo market Lagos reoccurred Tuesday and left three dead and others injured. As a...