The House of Representatives has accused the management of the Nigerian Communications Satellite (NIGCOMSAT) of violating the Public Procurement Act in the award of $500 million insurance contracts. Shocked by the company’s action, the Lower House Ad-hoc Committee probing the…
Sachet water popularly called ‘pure water’ as well as the water packaged in bottles may go out of the reach of the common Nigerians as the prices of the commodities have gone up by between 50 and 100 per cent.…
President Muhammadu Buhari on Sunday said the All Progressives Congress, APC, is out to create jobs and restore the economy the country. Buhari’s remark was contained in a statement congratulating the governor-elect of Ondo State, Rotimi Akeredolu. Buhari in the…
The parent company of the Ecobank Group, Ecobank Transnational Incorporated (ETI) has appointed Mr. Madibinet Cissé as group head, legal and Company Secretary/Group Counsel. He joined Ecobank from the Africa Finance Corporation (AFC) in Lagos, Nigeria, where he is currently…
William H. Saito Too often, the conversation on cybersecurity is predicated on fear, uncertainty and doubt (FUD): amplifying the latest news of how good hackers are getting, setting off alarm bells when it comes to vulnerabilities. Headlines only highlight the…
The Dangote Group of companies has concluded plans to establish rice mills of 250,000 tonnes per annum capacity in Kano, the chief executive director of the company, Hajiya Halima Dangote, has said. She stated this at the Dangote Day at…
The debt profile of the country and its component parts has recently come into focus, more especially since most states could hardly embark on any capital-intensive project or pay salaries due to huge domestic and foreign debts. Debts owed by…
Ogun State Government said it has put measures in place to raise its internally generated revenue in 2017 to N114.34 billion from the N105.67 billion it projected in 2016. But the state in 2013, internally generated the sum of N13.77…
The Lagos state government, at the weekend, unveiled the Epe Master Plan with a promise to turn the ancient town to another Dubai in Nigeria. The Government appealed to residents to comply with the master plan to enable it implement…
Union Bank, Nigeria’s leading innovative financial institution has partnered with Ria Money Transfer (“Ria”), one of the largest money transfer companies in the world, to offer money transfer pay-out services across Nigeria. The new agreement allows Union Bank customers to…
