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Monday, March 1, 2021

Business

I Didn’t Forge Oil Contract, Obasanjo’s in-Law Tells Court

  John Abebe, a businessman and brother-in-law of former President Olusegun Obasanjo, on Monday, before an Ikeja Special Offences Court, denied forging parts of an...

Couple Bags 40 Years Jail Term for N53m Fraud

  A couple, Ebiesuwa Abayomi Fredrick and his wife, Tinuola Idayat Oyegunle, have been sentenced to 40 years imprisonment each. Justice Joyce Abdulmalik of the...

Insecurity: North-West Governors meet NSA, Service Chiefs

  Governors of Nigeria’s North-West Zone on Monday pledged to explore all available means to ensure the security of lives and property. Governor Aminu Masari of...
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Pandemic: Rivers Waste Management Outfit Sacks 60% of Workers

  Mr Benson Abu, a waste management expert in Rivers State, says his company has laid off 60 percent of its workers due to the...

Jeff Bezos to Step Aside as Amazon CEO, to Become Executive Chair

  Amazon founder Jeff Bezos is set to resign as chief executive later this year as the online retailer’s revenues for the Christmas quarter topped...

Siemens Energy to Cut 7,800 Jobs Worldwide

  Siemens Energy plans to cut 7,800 jobs worldwide by 2025, the company said on Tuesday when presenting its results for the first fiscal quarter,...

NSE Market Indicators Advance Further by 0.58% on MTNN Rally

The Nigerian Stock Exchange (NSE) market indices on Friday advanced further by 0.58 percent following gains made by some blue chip companies. Speficially, the NSE...

ANOH Gas Processing Company Gets New MD

  SEPLAT Petroleum Development Company Plc, has announced the appointment of Mr Okechukwu Mba, as the new Managing Director of ANOH Gas Processing Company (AGPC)...

NSE Gains N259bn as MPC Retains Interest Rate at 11.5%

  The Nigerian Stock Exchange on Tuesday extended growth by N259 billion following interest in Airtel Africa, just as the Monetary Policy Committee (MPC) retained...

Sending Remittances in Dollars Will Strengthen Foreign Reserves

  A financial expert, Mr Okechukwu Unegbu, has urged Nigerians in diaspora to make remittances to relatives in dollars and other foreign currencies to preserve...

CBN Invests N10bn Intervention Funds Into Kano Industries –Consortium

  Kano Investment and Diaspora, in partnership with the Foreign Commonwealth Development ((LINKS) and Manufacturers Association of Nigeria (MAN) have secured a N10 billion intervention...

NNPC Records ₦28.38bn Trading Surplus – Report

  The Nigerian National Petroleum Corporation (NNPC) says it recorded a trading surplus of ₦28.38 billion in September 2020. The Corporation disclosed this in its Monthly...

COVID-19: Aviation Roundtable Urges Domestic Operators to Consider Merger

Dr Gabriel Olowo, President, Aviation Roundtable (ART) has urged domestic airlines to consider merger due to the present rise in the COVID-19 pandemic in...
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Must Read

Gov. Matawalle Charges President Buhari To Curtail Ethnic Attacks

Sani Muhammad Sani, Gusau In the light of ongoing wanton attacks and primitive violence on the Northern community in Ibadan, Governor Bello Muhammad has strongly...
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Govt Confirms Abduction of Passengers on Minna-Kontagora Road

  The Niger government has confirmed the abductions of persons on board the Niger State Transport Authority on Sunday on Minna- Kontagora road. The government announced...

I Didn’t Forge Oil Contract, Obasanjo’s in-Law Tells Court

  John Abebe, a businessman and brother-in-law of former President Olusegun Obasanjo, on Monday, before an Ikeja Special Offences Court, denied forging parts of an...

Couple Bags 40 Years Jail Term for N53m Fraud

  A couple, Ebiesuwa Abayomi Fredrick and his wife, Tinuola Idayat Oyegunle, have been sentenced to 40 years imprisonment each. Justice Joyce Abdulmalik of the...