Category: Business
N13.08tr 2021 budget: Sectoral allocations
Works & Housing N404bn, Transportation N256bn, Defence N121bn, Agriculture N110bn, Water Resources N153bn, Education N127bn, Health N132bn, NDDC N64bn. ….25%...
Baruwa gas explosion: NNPC commiserates with Lagosians
…Says Corporation’s pipelines no where near location of incident The Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos...
Carelessness, cause of Baruwa gas explosion – Lagos
Final Update as at 1040hrs The explosion which occurred around 0600hrs has been contained. The gas emission has been identified and curtailed....
$3.02b for construction of PH/Maiduguri rail line – FEC
The Federal Executive Council (FEC) has approved the award of contracts for the rehabilitation and reconstruction of the Port Harcourt-Maiduguri eastern narrow...
How foreign private equity firms hijack businesses from Nigerian entrepreneurs
The difficulties Nigerian entrepreneurs endure in the hands of foreign private equity firms and venture capitalists have been blamed on the clever tricks deployed...
Why local rice is expensive – Farmers
The Rice Farmers Association of Nigeria (RIFAN) has attributed the recent hike in the price of locally processed rice to the upcoming festive season, vendors and...
FBN disburses over N17b loans through First Advance
First Bank of Nigeria Limited has recently announced that loans in over the sum of 17 billion naira have been disbursed to individuals, across the country....
LAHA approves N153b for rail mass transit
The Lagos House of Assembly has approved the sum of N153 billion sought by Governor Babajide Sanwo-Olu to construct and complete the Lagos Rail Mass...
Lagos to deliver 3004 housing units in December
Lagos State Governor, Mr. Babajide Sanwo-Olu has restated his administration’s commitment to increase the total housing stock in the State by 3,004 units with the...
Come to Imo and be happy
…Uzodimma assures investors of conducive environment Governor of Imo State, Senator Hope Uzodimma has promised potential investors in the State an enabling...
