Category Archives: Business

UBA ‘Branch’ In Victoria Island On Fire!

July 18 Business no comments

Report says a UBA ‘Branch’ in Victoria Island, Lagos State was on fire on Wednesday afternoon. An employee of the bank who spoke with SaharaReporters on phone from the UBA Head Office said the incident sent staff, as wel...

Anambra Set To Introduce CCTV In Markets, Says Commissioner

July 13 Business no comments

Anambra State Commissioner for Commerce and Wealth Creation, Dr Christian Mmadubuko has initiated plans to introduce CCTV monitoring system in major markets in Anambra. “We have since identified 63 major markets in...

Dangote Set To Boost Tomato Production In Nigeria

July 9 Business no comments

.Signs 500 million Naira Investment Agreement with Katsina State To Revive Songhai Project – The Group President/CE, Dangote Group, Aliko Dangote, on Thursday, July 5, 2018, signed an agreement with Katsina State G...

Ambode Gives N500m Grant To 275 CDAs To Complete Projects

July 5 Business no comments

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday doled out N500million as grant to 275 Community Development Associations (CDAs) to enable them complete their ongoing self help projects. Governor Ambode, who presen...

Lagos: Export Inflow At Lekki Free Zone To Hit $6bn By 2020

July 5 Business no comments

Lagos State Governor, Mr Akinwunmi Ambode on Thursday said the export inflow at the Lekki Free Zone (LFZ) in Ibeju Lekki area of the State is projected to hit over $6billion (about N2.159trillion) by 2020, saying it was ...

Dangote Pays Shareholders 90 Per Cent Of Net Profits As Dividend

June 21 Business no comments

.Photo: Chairman, Dangote Cement Plc, Aliko Dangote; (left) Group Managing Director/CEO, Engr. Joseph Makoju; Non-Executive Director, Dangote Cement Plc, Olakunle Alake; and Group Chief Financial Officer, Dangote Cement ...

Dangote Emerges As Most Admired African Brand

June 13 Business no comments

Dangote Group, from Nigeria has emerged as the most admired African brand, of African continent origin, by consumers ahead of telecommunication giant, MTN according to the South African based Brand Leadership Movement in...

Anambra Govt. Bans Vending Of Inflammable Materials In Markets

June 13 Business no comments

The Anambra State Government has directed that traders involved in sale of inflammable goods inside various markets should relocate to a designated area. According to a Press Release from Anambra State Ministry of Inform...

Stock Exchange Lauds Dangote Cement Over Corporate Governance

June 7 Business no comments

Management of the Nigerian Stock Exchange (NSE) on Wednesday lauded Dangote Cement for its adherence to best corporate governance practices even as they called for more partnerships between the two organizations. Managin...

Lagos To Complete Largest Rice Mill In Africa Next Year –Ambode

May 10 Business no comments

The Lagos State Government on Wednesday said all hands are on deck to complete the largest rice mill in Sub-Saharan Africa currently ongoing in Imota Local Council Development Area of the State within the first quarter o...

Lagos Begins Payment Of N11.8bn Compensation To Property Owners

May 9 Business no comments

.Special Adviser to the Governor on Urban Development, Mrs. Yetunde Onabule (2nd left); addressing the media during the Y2018 ministerial press briefing of the Lagos State Lands Bureau as part of activities to commemorat...

CBN Headquarter On Fire

May 2 Business no comments

The headquarters of the Central Bank of Nigeria (CBN) in Abuja, was engulfed in flames, on Tuesday evening. The fire which started about 2 hours ago is currently under control as officials of Federal Capital Fire Service...

Trump Slams Opec Over High Oil Prices

April 22 Business no comments

Donald Trump has criticised the Opec oil producers’ group, saying crude prices are “artificially very high”. In a tweet, the US President said this was “no good” and “would not be acce...

Give’n’Také Jackpot Rollover Prize Hits N16.85m

April 6 Business no comments

Give’n’Také Lotto says this week’s National Jackpot rollover prize has increased to N16.85M Naira for Week 14 Jackpot Draw to be held on Sunday by 6:30 in the evening.   Onuora Aninwobodo, Media Officer...

Crop Pest: African Food Security Prize Launched To Stop Menace

April 4 Business no comments

Feed the Future, supported by Land O’Lakes International Development and the Foundation for Food and Agriculture Research, has opened its call for applications for the Fall Armyworm Tech Prize. The prize offers to ...

Nigeria Opens New Economic Policy

March 28 Business no comments

For decades, Nigeria’s economy has been based on oil. The government is now moving away from its black gold dependence to open its economy up to diversification. The country’s economic recovery plan identifie...

Ghana President Akufo-Addo For Africa CEO Forum

March 17 Business no comments

The Ghanaian President Nana Akufo-Addo, with his strong stance on Africa’s development, is currently one of the most prominent leaders in the African political landscape. By distancing himself from the Internationa...

Africa CEO Forum Backs Women’s Leadership

March 8 Business no comments

Launched during the 2016 edition, the AFRICA CEO FORUM’s Women Initiative, in partnership with NSIA, is ramping up efforts this year to accelerate women’s leadership in Africa. The first of these high-impact ...

JAMB Scandal: My Boss Stole The N36m Not A Snake, Says Official

March 8 Business no comments

Weeks ago, an official of the Joint Admission and Matriculation Board (JAMB), Philomina Chieshe, made the headlines after she claimed the boards’ N36 million was swallowed by a snake. Chieshe has now confessed that her s...

Dangote Donates N1.2 Billion Business School Edifice To Bayero Univers...

March 5 Business no comments

The business educational development of Northern Nigeria took a new turn at the weekend when the renowned businessman, Aliko Dangote donated a N1.2 billion ultra-modern business school edifice to the Bayero University, K...

Dangote Inaugurates Multi-Billion Naira Rice Processing Plant In Jigaw...

March 2 Business no comments

The Dangote Rice Outgrower Scheme in Jigawa State reached a turning point yesterday when the President of Dangote Group, Aliko Dangote laid a foundation stone for the construction of a multi-billion Naira rice processing...

Give’n’Také National Jackot Prize Hits N15.95m In Week 8 D...

February 22 Business no comments

Give’n’Take has announced a new Jackpot rollover prize of N15.95million for Week 8 National Jackpot Draw billed to hold on Sunday 25 February, 2018 at the 200 capacity National Jackpot studio in Abuja.   Last...

Dangote Assures On Timely Completion Of Apapa Road

February 15 Business no comments

President of Dangote Group, Aliko Dangote has assured that the Apapa Port Wharf concrete road currently under construction by his company, AG Dangote would be delivered on schedule to save the people and businesses the h...