Wednesday, 23 September, 2020

Category: Business


The Economic and Financial Crimes Commission (EFCC) says it is now in custody of Felix Okpoh, who was declared wanted by the U.S Federal Bureau of Investigations (FBI) over alleged fraud. Okpoh is wanted by FBI for alleged involvement in Read more…


The Nigerian Communications Commission (NCC) is set to commence a cost-based review to determine new pricing regime for mobile International Termination Rate (ITR) for inbound international voice calls in the country. Dr Ikechukwu Adinde, Director, Public Affairs, NCC, made this Read more…


The Federal Competition and Consumer Protection Commission (FCCPC) has frowned at the inability of some companies and service providers to resolve consumers’ complaints and provide feedback mechanism for their products. Mr Babatunde Irukera, the Director-General of the commission, said this Read more…


Anambra State Commissioner for Information and Public Enlightenment, Mr. C-Don Adinuba says the Governor Willie Obiano administration has secured the trust of residents and citizens of the state by the integrity it has cultivated in carrying governance in the state. Read more…


Speaking on his mobile phone, the Rivers State Commissioner for Information, Mr Paulinus Nsirim who confirmed the incident said that he was still trying to figure out the reason for the police action. Nsirim said: “The police should be the Read more…


Prof. Moji Adeyeye, Director-General of National Agency for Food, Drug Administration and Control (NAFDAC), says the country is working toward producing 60 per cent of its pharmaceutical products locally to reduce the over-dependence on international companies. Adeyeye said this at Read more…


Anambra State Internal Revenue Service has embarked on aggressive closure of some companies owing the state government.The closure was carried out by the Agency’s enforcement team with some security personnel, who visited stores, companies and other business shops that received Read more…


Gov. Okezie Ikpeazu of Abia has ordered the immediate suspension of the Executive Secretary of Aba South Local Government Town Planning Authority over the collapse of a three storey building in Aba. Ikpeazu gave the order on Thursday when he Read more…


The Federal Government has said the October commencement of production of the 5000 barrels per day modular refinery in Imo State will increase the country’s oil capacity. The Minister of Information and Culture, Alhaji Lai Mohammed, made the disclosure after he Read more…


The Nigerian Security and Civil Defence Corps (NSCDC), Lagos, on Wednesday said it had withdrawn the operating licences of two Private Guard Companies ( PGCs) over failure to renew their operating licences. The NSCDC Lagos Commandant, Mr Iskil Makinde, confirmed Read more…


The Nigeria Labour Congress (NLC), has given the Federal Government a 14-day ultimatum to reverse the recent hike in electricity tariff and fuel price or face a “total shutdown of the country’s economy”. Mr Ayuba Wabba, NLC President, disclosed this Read more…


The Minister of Transportation, Mr Rotimi Amaechi, says the Lagos-Ibadan Standard Guage Rail line should be ready by December, considering the progress works on the construction of rail stations by contractor. Amaechi gave the assurance while briefing newsmen in Ibadan, Oyo Read more…