By Udeme Akpan The Asset Management Company of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion. AMCON’s
Category: Business
US court jails France-based Nigerian 41 months for $8m fraud
A France-based Nigerian, Newton Ofioritse Jemide, who was extradited to the United States over his involvement in an $8m disaster fraud, has been sentenced to
How Three masqueraders landed in prison for flogging Enugu residents
An Enugu Magistrate Court has remanded three masqueraders for allegedly assaulting and infliction bodily harm on members of the public during the celebration of Oriokpa
Dangote urges ‘Africa First’ policy, condemns import dependence, capital flight
Africa’s richest man, Aliko Dangote, has made a compelling case for a protectionist, “Africa First” industrial policy, arguing that the continent’s sustained reliance on imports
Crisis looming as NULGE rejects Osun allocation transfer to APC chairmen
Amid the ongoing crisis over the leadership of the Osun State local government areas, the National Union of Local Government Employees has appealed to President
Reps probe Nigeria Police Force over alleged N6bn contract splitting, asset sales
The House of Representatives has mandated its Committees on Public Assets and Procurement to investigate allegations of corruption against the Nigeria Police Force, ranging from
Naira rises to N1,590/$ in parallel market
By Elizabeth Adegbesan The naira yesterday appreciated to N1,590 per dollar in the parallel market from N1,595 per dollar on Tuesday. Similarly, the Naira appreciated
Tinubu to sign four tax reform bills today
President Bola Tinubu will, on Thursday, sign into law four tax reform bills that will “transform Nigeria’s fiscal and revenue framework,” the Presidency has revealed.
#600K PER PLOT: DSM PROPERTIES LTD OFFERS AFFORDABLE LANDS AT IKORODU- SAGAMU EXPRESSWAY
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After losing 1.4M subscribers, MultiChoice cuts DStv decoder price from ₦20,000-₦10,000
MultiChoice Nigeria has slashed the price of its DStv decoder by 50 per cent, dropping it from ₦20,000 to ₦10,000. The company announced that the
