Electricity tariff increase takes effect Sept 1
In a surprise move, the Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff with effect from September 1, 2020 (today). This comes three months after the tariff...
View ArticleKWARA CALLS FOR SUPPORT FROM EFCC
The Kwara State Government has called for the support of the Economic and Financial Crimes Commission to assist it in recovering funds and assets allegedly looted by corrupt individuals. The state...
View ArticleAdesina sworn in for second term as AfDB president
President of the African Development Bank, Dr Akinwunmi Adesina, has been sworn-in for the second term in office. The ceremony held virtually and broadcast online on Tuesday. The Chairperson of the...
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Spell and Win “Bag of Goodies 2” Consumer Promo :More winners emerge
Another series of winners have emerged in the ongoing Spell and Win “Bag of Goodies 2” Consumer Promo. The Spell and Win “Bag of Goodies 2” Consumer Promo launched by Dangote Cement Plc to reward and...
View ArticleCAN demands President to suspend CAMA 2020.
The Christian Association of Nigeria on Tuesday called for the suspension of the Companies and Allied Matters Act 2020. CAMA 2020 “has the potential that can further undermine the faith of stakeholders...
View ArticleNaira rises against dollar
The Nigerian naira appreciated on the parallel market on Tuesday. It gained 9.65 per cent against the dollar. Forex traders attributed the rise of the currency to Central Bank of Nigeria’s (CBN’s) plan...
View ArticleElon Musk is now only poorer than Bill Gates and Jeff Bezos.
Elon Musk’s net worth is now $115 billion, taking him ahead of Facebook CEO, Mark Zuckerberg on the list of the world’s richest people, according to Bloomberg. Musk’s rise in wealth was as a result to...
View ArticleShoprite gets $10 million fine from court
South African retail company, Shoprite Checkers (PTY) Limited has filed an application seeking to discharge the Mareva injunction restraining it from transferring its assets. The Mareva injunction was...
View ArticleWabba: FG adding salt to injury with new fuel pump price
NLC President, Mr Ayuba Wabba, has rebuffed the increase in the price of petrol from N148.50 per litre to N162, saying it is “like adding insult to injury”. According to Wabba, Nigerians and even the...
View ArticleNew fuel price is a downside risk to inflation: Prof. Uwaleke
Prof. Uche Uwaleke, a Professor of Finance and Capital Market at Nasarawa State University, has said that the new fuel pump price will heighten inflationary pressure in the country. He said, “This is...
View ArticlePetrol price increases to N162 per litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has set a new pump price of N162 for petrol in the south west region of the country. This followed the increase of the ex-depot price...
View ArticleCOVID-19: Brazil Dives Into Recession With Record 9.7% Drop
Brazil’s economy, the biggest in Latin America, shrunk by a record 9.7 percent in the second quarter of 2020, plunging into recession as coronavirus lockdowns hit home, the official statistics agency...
View ArticleIPMAN suspends planned strike in Anambra
Members of Independent Petroleum Marketers Association of Nigeria (IPMAN) in Anambra, have suspended their planned strike in the state scheduled to hold on Thursday. Mr Chinedu Anyaso, Chairman of...
View ArticleWTO: Dangote endorses Okonjo-Iweala for Director-Genaral job
Africa’s richest man, Aliko Dangote, has endorsed Nigeria’s former Finance Minister, Dr. Ngozi Okonjo-Iweala, for the post of director-general of the World Trade Organization. Dangote expressed his...
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Kwara government assures private sector of partnership
The Kwara State Government has assured private sector of its commitment to partnership in order to help stimulate economic development and drive new investments in the energy sector. The Commissioner...
View Article21,623 Kwarans benefit from first phase of Owo Isowo as disbursement begins
Kwara State Governor AbdulRahman AbdulRazaq has approved the disbursement of funds to 21,623 beneficiaries of the state’s interest-free micro-finance loans for petty traders, a component of the Kwara...
View ArticleKwara plans Investment Promotion House as KWIPA bill nears passage
The proposed Kwara State Investment Promotion Agency (KWIPA) is to be housed at a government facility in Fate roundabout GRA (Ilorin) as part of an ongoing effort to reposition the state for...
View ArticleGov Inuwa Sets Up Interim Board to Reposition Gombe-owned Bubayero...
In a bid to restructure and reposition the state-owned Bubayero Microfinance Bank, the Governor of Gombe state, Alhaji Muhammadu Inuwa Yahaya has approved the constitution of an 11- member interim...
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Kwara Govt Advocates Improved Allocation from Federation Account
Kwara State Government has called for upward review of the Federal Allocation coming to the State to boost her revenue for developmental projects. The State Commissioner for Finance and Planning,...
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Inuwa Receives Senior Officials of Keystone Bank, says Gombe Open to Investors
… Harps on Corporate Social Responsibility Governor Muhammadu Inuwa Yahaya says Gombe State is open to investors that will assist in driving his administration’s vision of making the State a...
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