All posts by BusinessNews Staff

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  FCTA allocates affordable housing scheme land for Workers’ cooperative societies

  Succor came the way of thousands of federal workers as Federal Capital Territory Administration (FCTA) allocated lands to the National Agricultural Seeds Council and the Abuja Enterprises Agency Cooperative Society for the construction of low-cost houses for...

  • Posted May 13, 2013
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  Subsidy scam: EFCC commences trial of Arisekola-Alao’s son

  The Economic and Financial Crimes Commission on Monday began the trial of Abdullahi Alao, son of prominent businessman, Alhaji Abdullazeez Arisekola-Alao, before a Lagos High Court in Ikeja. Abdullahi Alao and two others alongside their companies were...

  • Posted May 13, 2013
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  Lekki port to reduce Apapa congestion, boost bilateral trade

  Respite may be in sight for many users of the Apapa ports as the congestion problem in the ports may soon be addressed with the near conclusion of the Lekki Port project. Specifically, The Guardian gathered that...

  • Posted May 13, 2013
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  South-South, South-East governors discuss boosting economic growth through regional integration

  Governors of the South-South and South-East met in Asaba, the Delta State capital, today and resolved to boost the economy of their zones through regional integration. Chairmen of the South-South and South-East Governors Forums, Governors of Cross...

  • Posted May 13, 2013
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  All records of our transactions are intact – CBN

  The Central Bank of Nigeria,CBN, has denied reports in some sections of the media that it destroys documents and records of certain transactions after five years. A statement signed by CBN spokesman Ugochukwu Okoroafor, said “The attention...

  • Posted May 12, 2013
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  Naira appreciates against dollar, pounds, euro

  The Naira has appreciated against the foreign currencies at the official, bureau de change and black markets. It was gathered on Friday in Lagos that the Naira recorded appreciation against the dollar, pounds and euro since May...

  • Posted May 11, 2013
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  Akintola Williams, PPPRA responsible for subsidy overpayments – EFCC

  The Economic and Financial Crimes Commission has accused a leading accounting firm in the country, Akintola Williams Deloitte, and the Petroleum Product Pricing Regulatory Agency, of misleading the Federal Government to overpay some oil marketers under the...

  • Posted May 11, 2013
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  2013 Growth Enhancement Support Scheme: 106,915 farmers have been registered – Plateau government

  The Plateau State Government, through its Growth Enhancement Support Scheme said it has registered 106,915 farmers in the first phase ofthe 2013 farming season in sixteen Local Government Areas of thState. Mr Daniel Kakwi, the Director, Plateau State...

  • Posted May 10, 2013
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  Airtel introduces single recharge system for voice, data

  Lagos – One of Nigeria’s leading telecommunications operator, Airtel Nigeria, has introduced a dual-purpose single recharge card for both voice and data services on the network that will allow customers to recharge for both services with only...

  • Posted May 10, 2013
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  Lagos generates N20billon IGR monthly

  Internally Generated Revenue (IGR) in Lagos State averages a total of N20billion monthly, the State Commissioner for Economic Planning and Budget, Ben Akabueze, has disclosed. Akabueze revealed the figure Thursday at the ongoing ministerial press briefing to...

  • Posted May 10, 2013
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