Business

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mohammed Umar Abbah, has disclosed that the Commission recovered over N4.16 billion from lottery companies, being revenue owed to the government, which they…

• 5 years sentence awaits fertilizer adulterators Citing the over 33 fertiliser blending plants across the country, currently producing about five million metric tonnes (MT) of fertilizer annually, with many more underway, the…

All passenger vehicles sold in California will be zero-emission by 2035 under a new rule aimed at fighting climate change and smog-fouled air. California wields considerable clout in the American auto industry as the country’s…

The National Food Security Council has attributed the bulk purchase of food commodities for COVID-19 palliatives as one of the factors responsible for the higher costs in the country. Jigawa State Governor Abubakar Badaru, who…

Social media giant Facebook has announced plans to open an operational office in Lagos, Nigeria. Ime Archibong, Facebook’s Head of New Product Experimentation in a statement said the office will be home to several teams including sales,…

The Kaduna Internal Revenue Service (KADIRS) has shut down 13 gaming offices in its ongoing operation to close all unregistered gaming offices in the state. Head of Gaming at KADRIS Liye Anthony said this in an interview with…

No fewer than 833,000 Micro, Small and Medium Scale Enterprises (MSMEs) as well as artisans are to benefit from the federal government’s N75 billion loans to cushion the effect of the COVID-19 pandemic. The Director-General (DG), Small…

The Central Bank of Nigeria (CBN) has requested that all banks in the country submit the statements of domiciliary accounts of some high profile individuals, including owners of popular betting companies Nigeria. CBN issued the…

The Buhari government came under heavy criticism on Thursday, following a notice, enjoining Nigerians with bank accounts to do “self certification”. According to the notice, which came from Federal Inland Revenue Service ” all account…

Vice-President Yemi Osinbajo has assured Nigerian traders in Ghana, who were recently affected by stiff business regulations imposed by Ghanaian authorities that they will get justice. Osinbajo spoke on Tuesday evening at a meeting with…