BUSINESS
Obi Cubana Pledges Sponsor To Any Developer Of African Smartphone
Billionaire businessman, Obi Cubana has promised to sponsor any tech-savvy individual of African descent to create a smartphone for the African market. The Cubana Group boss revealed this during an Instagram Live video, noting “he has one crazy ide...
Finding A Job In Nigeria Made Easy – Recruitment Wing
Whether you’re a fresh graduate from a Nigerian University or someone who’s been in the job market for years – job hunting is tough. Have you thought of rethinking your approach to finding a job? There’s no denying it – searching for jobs i...
Abia Government To Partner Aba Chamber Of Commerce On International Trade Fair
Abia state Governor, Okezie Ikpeazu has assured that his administration will partner the Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA) to ensure that the planned Aba International Trade Fair before the end of the year records over...
President Buhari Signs 2022 Appropriations Bill Of N17.127trn Into Law
President Muhammadu Buhari is currently signing the 2023 Appropriations Bill of N17.126 trillion into law. The signing ceremony is taking place at the Council Chambers, Presidential Villa, Abuja. Present at Council Chamber to witness the ceremony are the President of Senate, Dr Ahmad Lawan, the Speaker, Rt. Hon. Femi Gbajabiamila, and the Minister of Finance, Budget and National Planning, Mrs. Zainab...
FG Has Released N4.7trn To Finance 2022 Budget Expenditure So Far – Zainab Ahmed
The Federal Government has so far released the sum of 4. 7 trillion naira to finance expenditure in the 2022 budget. This is according to the Minister of Finance, Budget and National planning, Mrs Zainab Ahmed. The minister disclosed this on Thursday...
Saraki warns NBC over court order on AIT, Ray Power FM
Senate President, Dr. Abubakar Bukola Saraki, has called on the National Broadcasting Corporation (NBC), to immediately obey the court order granted by the Federal High Court in Abuja, which called for the maintenance of status quo as of May 31, 2019, pending the determination of a motion filed by DAAR Communications PLC, owners of Raypower Radio and African Independent...
More borrowing, a sign of liquidity problems in smaller banks – Experts
The Chief Economist/Head, Investment Research of PanAfrican Capital Holdings, Mr Moses Ojo, attributed the increase in the SLF to the low liquidity of some of the commercial banks. He noted that most tier-three commercial banks had borrowed heavily from the apex bank to square up their daily business activities. He said, “The factors that accounted for this is mainly the low...
FG earned N5.04tn from oil sale in 11 months – CBN
Between January and November last year, the Federal Government made about N5.04tn from the sale of oil, figures obtained from the Central Bank of Nigeria have revealed. The oil revenue, according to the CBN economic report for November, was lower than the N8.77tn revenue target provided for in the 2019 budget for the 11-month period. A breakdown of the N5.04tn oil...
IPPIS: ASUU mobilises members for strike
Academic Staff Union of Universities (ASUU) has threatened to embark on strike if the Accountant General of the Federation stops salaries of lecturers this January. The association claimed the FG had noted that it would stop the salaries of the lecturers for failing to enrol for the Integrated Personnel and Payroll System (IPPIS). ASUU said that a circular from the office...
Nigeria to export rice in two years – Minister of Agriculture
The closure of Nigeria’s land borders has caused an increase in domestic production of rice and the country is set to export the commodity, the Minister of Agriculture and Rural Development, Sabo Nanono, announced on Tuesday. Nanono said the closure of the land borders had resulted in increased output by many rice milling plants which were operating below capacities before...
