Business

Why price of cement is high in Nigeria -Dangote

The management of Dangote Cement Plc. says a bag of cement from its factories and plants in Obajana and Gboko  N2,450, and N2,510 at Ibese. The company’s Group Executive Director in charge of Strategy,...

Hyundai provides alternatives for electric powered vehicles

In a bid to provide options to Hyundai Kona Electric Vehicle (EV) customers, Stallion Hyundai Motors Nigeria has unveiled both locally assembled petrol-powered Hyundai Kona and the all-new 2021 Hyundai Grand i10 Sedan...

Benin Republic University Nominates Emiefele for Honorary Doctorate

The governing council of the Ecotes University Benin Republic has nominated the governor of Central Bank of Nigeria (CBN), Mr Godwin Emiefele for an honorary doctorate degree. In a nomination...

Crypto Currency Ban: CSO backs CBN

Following raging controversy over the Central Bank of Nigeria (CBN)'s position on crypto currency, a civil society organisation Bureau for Social Justice, Equity and Transparency, has thrown its weight behind the apex bank...

CBN Bags African Regulator of The Year Award

The Central Bank of Nigeria (CBN) has received a pat on the back by the Action Newspapers management corporation for its fiscal policies and role in protecting the nation’s monetary policy.

FG unveils first locally assembled electric car by Hyundai

The Director-General, National Automotive Design and Development Council, NADDC, Jelani Aliyu, in collaboration with the Stallion Group, has unveiled the first locally-made electric car, Hyundai Kona. The car has a...

Kwara Customs generates N6.9bn in 2020

By Steve Oni, Ilorin Despite the ravaging Covid-19 pandemic, the Kwara state Command of the Nigerian Customs Service has generated the sum of N6.96bn into the coffers of the federal government in 2020, representing...

SPDC’s oil production hits 514,000 bpd – Report

The Shell Petroleum Development Company (SPDC) says it has grown its oil output to an average of 514,000 barrels per day (bpd) and developed additional capacity to produce more. Mr Osagie Okunbor, the Chairman of Shell Companies in Nigeria disclosed...

Multiple taxes: Petroleum dealers in Anambra threaten shutdown, gives 21 day ultimatum

Petroleum dealers in Anambra have threatened to shut down operations in 21 days over alleged government multiple levies and indebtedness. The operators under the aegis of NNPC Enugu Depot Community issued the warning in a communiqué issued after an all...

Shareholders applaud NASCON’s prompt dividend payment

Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, has applauded the company for improved performance and dividend declared in 2019. In a statement made available to the News Agency of Nigeria (NAN) in Lagos on Monday,...
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China lifts 770 million rural people out of poverty

More than 770 million of China's rural population living below the current poverty line have been raised...
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Facility upgrade begins in Oro General Hospital soon, says Kwara Gov

By Steve Oni, Ilorin Kwara State would commence the upgrade and equipping of the Oro General Hospital in Irepodun...

Why price of cement is high in Nigeria -Dangote

The management of Dangote Cement Plc. says a bag of cement from its factories and plants in Obajana and Gboko  N2,450, and...

Ondo Govt Petitions Police Over Former Deputy’s Refusal to Return Govt Vehicles

The Ondo State Government, on Tuesday, petitioned the state Commissioner of Police, Salami Bolaji, over the refusal of the former deputy governor,...

House of Reps adjourns to honor late members

The House of Representatives on Tuesday adjourned plenary for seven legislative days in honour of two of their colleagues’ who died during...