BUSINESS

The Nigerian Institute of Quantity Surveyors (NIQS) has backed the recent pronouncement by the federal government to open the borders if prices of cement remained… The Nigerian Institute of Quantity Surveyors (NIQS) has backed the […]

The federal government says it is hoping to make about £16billion (N30.4 trillion) from the establishment of the proposed Abuja Technology City, the Minister of… The federal government says it is hoping to make about […]

Nigeria’s premier and largest non-interest bank, Jaiz Bank Plc, yesterday completed pre-issuance processes for a N10.05 billion private placement as part of a multi-prong strategic recapitalisation aimed at strengthening the capital base of the bank. At […]

MainOne says it has successfully landed 2Africa’s 45,000-kilometre subsea cable system in Akwa Ibom State. A statement by the company said the cable system would connect Akwa Ibom State and other underserved regions in Nigeria […]

The Managing Director of the Aluminum Smelters Company of Nigeria, Dmitriy Zaviyalov, has said over $500m is required to restart production in the moribund firm.He disclosed this while answering questions from newsmen after a media […]

In a bid to make air travel more affordable for Nigerians, the Nigeria Civil Aviation Authority, Chris Najomo, has set up a 10-man committee to probe foreign airlines over skyrocketing fares.This was disclosed in a […]

An operative of the Economic and Financial Crimes Commission, Musbau Issa, on Thursday told the Ikeja Special Offences Court how an oil marketer, Glory Benson, allegedly defrauded her customers of N100,865,000.Benson alongside two of her […]

Ethiopian Airlines on Thursday commissioned a $55 million e-commerce logistics hub in Addis Ababa, Ethiopia, thereby becoming the first in Africa to do so. The airline also said that despite the devaluation of naira against […]

The House of Representatives has mandated its Committee on Finance to investigate the alleged non-remittance of tax by a South African entertainment company, Multichoice Group.The resolution of the House was sequel to the adoption of […]

President Bola Tinubu will sign an executive order to bring down the cost of drugs in Nigeria, which has been on the rise.The Coordinating Minister of Health and Social Welfare, Prof. Muhammed Pate,  disclosed this […]