Category Archives: Business

Give ‘n’ Take National Jackpot Rollover Reaches N30.5m

September 20 Business no comments

Information reaching eyeonthenews.com from Give ‘n’ Take Lottery says Nigeria’s biggest National Jackpot prize is now up for grabs as the rollover Jackpot climbs to 30.5Million Naira. It was gathered th...

Dangote-Led Presidential Flood Committee Donates N250m To Benue Victim...

September 11 Business no comments

Presidential Committee on flood relief and rehabilitaton in which Aliko Dangote is the chairman has provided N250 million (Two hundred and fifty million) as relief assistance to victims of the devastating floods in Benue...

Lagosians Line Up To Buy Lake Rice

August 30 Business no comments

More Lagos State residents on Tuesday besieged the centres designated by the State Government for the sale of Lake Rice as part of activities marking the forthcoming Eid-el-Kabir celebration. The State Government had las...

Major Shake-Up As NNPC Redeploys 55 Top Staff

August 29 Business no comments

The Nigerian National Petroleum Corporation (NNPC), has carried out a major shakeup of top executives across the value chain of its operations. Eyeonthenews.com gathered that a total of 55 top management staff were affec...

Give ‘n’ Take Lotto National Jackpot Rollover Prize Increa...

August 24 Business no comments

Report reaching eyeonthenews.com says this Week’s Give ‘n’ Take Lotto National Jackpot rollover prize has been increased to N28.2m Naira from the N27m of Week 9 Jackpot prize. “This is because Wee...

Give ’n’ Take Lottery National Jackpot Prize Increased To N26.1m

August 10 Business no comments

.Photo: Give ‘n’ Take Lottery National Jackpot Studio after a recent Game Show. – The National Jackpot prize for Week 8 of Give’n’Take Lottery has been increased to 26.1 Million naira from Week 7, which...

Give ‘n’ Take Lottery: Abuja Wins Week 7 Powerball State N...

August 8 Business no comments

.Photo 1: Give ‘n’ Take Brand Ambassador Segun Arinze and Kemem of Big Brother House at the National Jackpot held in Gwarimpa Estate, Abuja, Nigeria. – The Federal Capital Territory (FCT) on Sunday emer...

FG Pleads With Dangote To Complete Refinery Before 2019

July 31 Business no comments

The Federal Government has said it relies heavily on the Dangote refinery to fulfil its promise to Nigerians to end fuel importation by December 2019. To this end, the Minister of State for Petroleum Resources, Mr. Ibe K...

Dangote Cement’s Half Year Results Indicates 12.6 Per Cent Sales Volum...

July 31 Business no comments

Dangote Cement, Africa’s largest cement producer, has announced its un-audited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa. In the financials released on...

Etisalat Sacks Over 100 Nigerian Engineers

July 22 Business no comments

Crisis plagued telco 9Mobile (previously known as Etisalat Nigeria) is embroiled in yet another controversy as one of its key strategic partners, Huawei Technology, sacked over 100 Nigerian engineers this week, this acco...

Afrexim Signs $1bn Loans With Dangote

July 3 Business no comments

The African Export Import (AFREXIM) Bank has signed a $1billion memorandum of understanding (MoU) with the Dangote Group of Companies at the 24th Annual General Meeting of the bank holding in Kigali, Rwanda. AFREXIM Bank...

Ikeja Bus Terminal Almost Ready

July 3 Business no comments

.Photo: The newly built Ikeja Bus Terminal nearing completion, by the Lagos State Government, on Sunday, July 2, 2017. – The Ikeja Bus Terminal is part of the numerous projects being implemented by the Lagos State ...

Labour Hails Dangote On Investment Drive, Employment & Youth Empo...

July 3 Business no comments

Following his fresh investments in automobile and agriculture, the organized labour in the country has commended Alhaji Aliko Dangote, President and the Chief Executive of Dangote Group for promoting investments and crea...

Nigeria Loses N140bn Weekly To Apapa Gridlock -Dangote

June 21 Business no comments

President of Dangote Group, Aliko Dangote has lauded the decision of the Federal Government to reconstruct the failed Apapa Wharf road as its grim state serves as both an embarrassment to the country and a huge financial...

FG’ll Use Recovered Loot To Finance Projects, Says Udoma

June 20 Business no comments

The Federal Government said on Monday it would use a fraction of the looted funds recovered so far to finance part of the 2017 budget. The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, said this at the ...

Dangote, Govt, Flour Mills Sign MOU To Repair Apapa Road

June 19 Business no comments

Succor will soon come to users of Apapa Wharf road as Federal government handed over the troubled road to Dangote Industries Limited and Flour Mills of Nigeria (FMN) for immediate reconstruction with concrete overlay. Af...

SunTrust Bank Denies Withholding NASS Members Salaries

June 15 Business no comments

SunTrust Bank has debunked claims that the bank failed to pay some staff of the National Assembly who protested non-payment of their salaries on Tuesday. It would be recalled that the protest by legislative aides was tri...

AfreximBank, GT Bank Shine At African Banker Awards In India

May 24 Business 19 comments

With no one country dominating the awards this year, winners of the 2017 African Banker Awards were announced at a prestigious Gala Dinner in Ahmedabad, India. The Awards, held annually on the fringes of the Annual Meeti...

Dangote Flour Mills Record Huge Profit

May 22 Business 12 comments

.Launches New Affordable Pasta To Substitute Rice Consumption In Nigeria – Shareholders at the weekend in Lagos applauded the Dangote Flour Mills return to profitability after posting a profit before tax of N11.82b...

Aniochaoshimili Draw Up Economic Development Blueprint For Delta State...

May 17 Business 13 comments

The Aniochaoshimili people of Delta state are set to draw up their own economic blueprint for the development of the area. To achieve this, a non-partisan and non-profit making socio–cultural organisation known as Njiko ...

NASCON New Products’ll Boost Revenue, Says Dangote

May 10 Business 11 comments

.Photo: L-R: Director, NASCON Allied Industries Plc, Halima Dangote acknowledging the greetings of the shareholders while Executive Director Commercial, NASCON Allied Industries Plc, Fatima Dangote and the Managing Direc...

Dangote Sells Noodles Assets To Dufil, Makers Of Indomie Noodles

April 19 Business 2 comments

As part of its regular business portfolio review, Dangote Flour Mills (DFM), has exited its noodles business as it does not consider it strategic. The company has sold the assets of Dangote Noodles to Dufil Prima Foods, ...

Tanker Drivers Begin Nationwide Strike On Monday

April 2 Business 11 comments

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has said its Petroleum Tanker Drivers had been mobilised to ensure no movement of petroleum tankers as their nationwide strike begins on Monday. Alhaji Toku...