Business News

Polaris Bank yesterday said it constituted a new Board of Directors to be chaired by Muhammad Ahmad, the existing chairman and announced a former Executive Director at Union Bank, Adekunle...

The Nigerian Exchange (NGX) Limited closed in positive territory for the first time this week on Thursday, rising 0.03 percent on renewed bargain-hunting. The market was buoyed by buying pressure...

Kogi State has received its first derivation allocation as an oil producing state. According to a statement, Governor Yahaya Bello disclosed this during the State Executive Council meeting yesterday, assuring...

Speaker, House of Representatives,  Hon. Femi Gbajabiamila, yesterday, called on Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to consider enlightening Nigerians on the distinction between the salary and allowances of...

Nigeria Labour Congress (NLC) has restated its opposition to federal government’s registration of two new university based unions – the Congress for Nigerian University Academics (CONUA) and the Nigeria Association...

Reckitt through its Dettol brand in Nigeria has partnered with Wellbeing Foundation Africa (WBFA) for accelerated Hygiene education in schools, communities, and healthcare facilities. The partners will be using the Dettol...

Through its Starlink satellite constellation, SpaceX has introduced a new service to deliver fast internet to aircraft. The fourth SpaceX space internet product, after residential, business, motorhomes, and maritime, is...

The Senate Committee on Ethics, Privileges and Public Petitions have summoned the Minister of Niger Delta Affairs, Mr. Umana Okon Umana over allegations of non- performance and corruption. The Chairman...

President Muhammadu Buhari has approved the process of restructuring the Ministry of Finance Incorporated (MOFI), the federal government’s investment vehicle, as part of overall measures to revive over N30 trillion...

The Kogi State Government on Tuesday commenced legal action to reclaim ownership of former Obajana Cement Company which is now known as Dangote Cement Plc. The legal action instituted on...