Business News

Flour Mills declared a profit of N5.65 billion in Q3 2020, a 150.26% improvement from 2019 figures.

Okomu Oil Palm 's profit declines by 43.22% as at Q3 2019

Business News

Okomu Oil Plc records 24.1% increase in 2020 FY revenue

by Adeyemi Adebayo

Okomu Oil Plc recorded increased revenues from one of its two revenue-generating units.

World Bank, Focus on lifting people out of poverty - World Bank tells FG , World Bank, IFC to assist in solving Nigeria’s infrastructure deficit , EXCLUSIVE: World Bank tasks developing nations to tap opportunities in GVCs, Warning signs: Nigerians living in extreme poverty might increase by 30 million – World Bank, US, China and UK’s protectionism ambition to affect Nigeria’s export, FDI , Terrorism bane to Nigeria's Agric development - World Bank

Politics

Investing in digital economy, infrasture crucial to mitigate impact of COVID-19 pandemic – World Bank

by Adeyemi Adebayo

Investing in digital economy will be crucial to mitigate the impact of COVID-19 and foster a sustained recovery in Sub-Saharan...

Lagos announces resumption time table for public and private schools, FESTAC town, Lagos cancels 2018 land use charge, LAND USE CHARGE, Lekki sealed buildings, Lagos state governor issues new guidelines for lockdown, consider full reopening of its economy,Sanwo-Olu gifts families of slain police officers N10 million naira each

Lagos State Government to transform Badagry into industrial and tourism hub

Lagos State Government has assured Badagry residents of plans to transform the area into an industrial and tourism hub.

Africa’s energy transition will cost an estimated $100 billion annually between 2020 and 2040 – AfDB

AfDB to commit $12.5 billion to climate finance

The AfDB has announced that it will fund climate finance in Africa with an additional sum of $12.5 billion.

Lagos issues ultimatum to Tank Farm Operators over planning permit, Lagos seals 27 residential and commercial buildings in Lekki, LASG Seals 19 more Buildings in Banana Island over planning permit

Lagos reviews building permit approvals and processing time

by Chike Olisah

The Lagos State Government has promised to review planning permit processing time and reduce the lay-out approval process.

Senate president warns about dangers of youth unemployment, National Assembly to ensure youth empowerment schemes are realized - Lawan

Energy

Senate President lists benefits of PIB as public hearing on the bill opens

by Chike Olisah

Ahmad Lawan has listed the benefits of the PIB presently before the National Assembly for consideration.

Remittance flows to sub-Saharan Africa to dip to $41 billion in 2021- Report

by Johnson Uche

Remittance flows to sub-Saharan Africa are likely to decline by 6.8% to $41 billion in 2021 as against $44 billion...

One killed, 15 kidnapped by pirates on Turkish ship off Gulf of Guinea

A Turkish ship was attacked off Nigeria's Gulf of Guinea coast, killing an Azerbaijani citizen, and kidnapping 15 sailors, with...

FG refunds Bayelsa State N27 billion as amount spent on federal projects