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Business

27 Results / Page 1 of 3

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Business

Nigeria Ready To Meet Global Demand For Critical Minerals

Minister of Solid Minerals Development, Dr. Oladele Alake says Nigeria is ready to play vital role in providing global demand for critical minerals. Dr. Alake made this known during a special session at the ongoing 78th United Nations General Assembly in New York. Speaking on the topic: "From critical minerals to energy transition: Africa in the driver's seat" at the event organised by the Corporate Council of Africa, Alake emphasized […]

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Business

10th House To Enact Laws To Eliminate Double Taxation

The Deputy Speaker of the House of Representatives, Benjamin Kalu has unveiled the 10th Assembly’s plans to enact laws that will effectively eliminate multiple taxation in Nigeria. Kalu gave the assurance in a goodwill message at the World Bank Fiscal Governance and Institutions Project, FGIP Focus Group Discussion held in Abuja. The Deputy Speaker said that under the leadership of President Bola Tinubu, Nigeria has embarked on a path of […]

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Business

UNGA: US Plans $225m Investment To Support Democracies

The United States on Wednesday announced $225 million in investments to support emerging democracies in the face of a rise in autocracies around the world. Secretary of State Antony Blinken and Samantha Power, administrator of the US Agency for International Development, were to announce the assistance at an event Wednesday on the sidelines of the UN General Assembly. A major part of the package will be $110 million in private-sector […]

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Business

Jisalo Tasks Lottery Commission On Effective Service Delivery

Jisalo Tasks Lottery Commission On Effective Service Delivery By Matthew Ayoola The Minister of Special Duties and Intergovernmental Affairs, Mr Zaphaniah Bitrus Jisalo has advised the Lottery Commission to always give priority to accountability and effective service delivery in the discharge of its duties. Mr Jisalo gave the advice while on a visit to the Commission in Abuja. The Minister who described the activities of the Commission as critical to […]

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Business

Emir Of Kano Urges Nigerians To Embrace Insurance 

Edited By Umbwanko Baba   The Emir of Kano, Alhaji Aminu Ado Bayero has urged Nigerians to embrace insurance as a way of relieving loss, especially in businesses and property. The Emir stated this when the Management of the National Insurance Commission, NAICOM led by the Commissioner for Insurance, Mr. Olorundare Sunday Thomas paid a courtesy visit to the Emir's Palace in Kano. Alhaji Ado Bayero further urged the Commission […]

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Business

NNPCL Sacks Top Management Staff 

Edited by Elizabeth David    The Nigerian National Petroleum Company Limited (NNPCL) has sent all management staff with less than 15 months to statutory retirement on compulsory early retirement. A statement signed by management of the oil company on Monday, September 18, 2023, and posted on its X handle (formerly Twitter) early Tuesday morning stated that the early retirement takes immediate effect from Tuesday, September 19, 2023. According to the […]

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Business

NDIC Sets To Pay Staff Of Defunct Peak Merchant Bank

The Nigeria Deposit Insurance Corporation, NDIC, in line with its mandate and as the official liquidator of failed banks in the country, says depositors and ex staff of defunct Peak Merchant Bank will be paid their liquidation dividends as it has concluded preparations. This is contained in a statement by the Director of Communications and Public Affairs of the NDIC, Mallam Bashir Nuhu. The statement explains that there will be […]

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Business

NNPCL Retail Makes N18.4b Profit In 4 Months- Kyari

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, NNPCL Mr Mele Kyari, says the company's retail has made a profit of 18.4 billion naira in the first quarter of 2023. Mr Kyari disclosed this at the resumed investigative hearing of the house of Representatives Ad-hoc Committee on the Acquisition of OVH Energy by the NNPCL. This he said was as a result of acquisition of the […]

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Business

TETFUND To Partner ULCA In Entrepreneurship Development

The Tertiary Education Trust Fund, TETFUND, is partnering the Ugwumba Leadership Center for Africa in creating more jobs for Nigerian youths through entrepreneurship development. Executive Secretary of TETFUND, Mr. Sunny Echono made this known when he hosted the President of the Ugwumba Leadership Center for Africa, Uche Nwosu and his management team in Abuja. Mr. Echono who expressed satisfaction with the efforts of Ugwumba Leadership Center in empowering young entrepreneurs […]

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