Business News

NFIU insists air travellers must declare cash above $10,000 at international airports

Kebbi Govt approves N4.05 billion to rehabilitate seven general hospitals

Customs hands over seized N92 million tramadol capsules to NAFDAC

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Business and economic news from Nigeria and around the world.

Sports

Ime Udoka: What you should know about the new Boston Celtics Head Coach

by Ajalogun Hakeem

Earlier this week, Ime Sunday Udoka of Nigerian descent was announced as the new Head Coach of the Boston Celtics.

JAMB sets new guidelines as it resumes registration for Direct Entry

JAMB denies report of mass failure, insists right syllabus used for 2021 UTME

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JAMB has denied reports of mass failure in the 2021 Unified Tertiary Matriculation Examination (UTME) across the country.

BUA Group, FAVA of Italy sign agreement for supply and installation of a 720tons/day pasta processing plant in Nigeria

French President inaugurates BUA Group Chairman as President France-Nigeria Business Council

French President, Emmanuel Macron has inaugurated the France-Nigeria Business Council.

CBN to increase loans to agricultural sector to 10% of total bank credit, Agritech, Efficient Power: Addressing a Critical Element in Nigeria’s Agro-Industrial Revolution

CBN to revive Enugu agricultural factories

by William Ukpe

The CBN and Roche Pharmaceutical Company get Enugu State Government's approval to revive moribund state-owned agricultural factories.

Germany announces plans to return looted Benin artifacts

by William Ukpe

The Prussian Cultural Heritage Foundation announced it has started the process to return looted Benin Bronzes plundered in the 19th...

Defunct NITEL/MTEL pensioners get N842.8 million pension arrears

FG receives £26.5m repatriated pension funds

by William Ukpe

PTAD has announced that it received £26.5 million as repatriated pension funds from Crown Agents Investment Management.

Decades after, Lagos-Badagry expressway still a national disgrace

by Victor Enengedi

Plying the long stretch of the Lagos-Badagry expressway has become a nightmare for residents, motorists and road users.

Court adjourns Kanu’s trial to January 19 as counsel refused to enter courtroom

Court remands IPOB Leader, Nnamdi Kanu in DSS custody

June 29, 2021

A Federal High Court in Abuja has ordered that Nnamdi Kanu be remanded in the DSS facility, pending the determination...

NNPC, Domestic Crude Allocation, Why NNPC’s Duke Oil is quitting London operations for Dubai , NNPC divests stake in four oil wells to NPDC , How NNPC discovered oil, gas deposits in the North , Nigeria to leverage on condensate refineries to be petrol net exporter, How NNPC saved $3 billion from arbitration , NNPC, IPPG donate medical supplies to South West state governments, NNPC discloses bases for employment and managerial progression in the oil firm, NNPC diversifies into housing, power; plans to beat crude production cost to $10 per barrel

NNPC GMD explains why government is buying 20% stake in Dangote Refinery

June 29, 2021

The NNPC boss said that the decision was driven by the profit potential of the refinery business and the need...

FG announces arrest of IPOB Leader, Nnamdi Kanu