Business

The Government of Cross River has partnered with tech giant Microsoft to train youths of the state on data management. Speaking after a technical session with representatives of Microsoft in Calabar, Gov. Ben Ayade, said the partnership would define the roadmap for the digital transformation of the state. Ayade who …

The Anambra State governor, Willie Obiano, on Thursday laid a budget of N137.1bn before the Anambra State House of Assembly for the 2020 fiscal year. The budget had N57.69bn as recurrent expenditure and N78.3bn as capital expenditure, representing 43 and 57 per cent of the budget respectively. Tagged budget for …

The Federal Inland Revenue Service on Monday said it was not true that it provided N90bn to finance the election campaign of the All Progressives Congress during the last presidential election. The service said this in a statement by the Director, Communications, Wahab Gbadamosi, in reaction to claims by a …

Unity Bank Plc on Monday said there was an early morning fire incident at its head office in Lagos. Mr Matthew Obiazikwor, Head, Corporate Communications, said in a statement in Lagos that the incident occurred on one of the floors of the building. “The cause of the fire incident is …

Residents of Ubeta community, in Ahoada East Local Government Area of Rivers states are in state of panicking as fire gutted an oil facility belonging to the Nigerian Agip Company in the community. It was gathered that the fire outbreak on the oil installation started on Thursday, even as the …

A budget of N100 billion has been proposed for the implementation of the National Livestock Transformation Plan. The proposal was submitted on Thursday to the National Economic Council by its Sub-Committee on Farmers/Herders’ crisis. The NEC meeting was presided over by Vice-President Yemi Osinbajo at the Presidential Villa, Abuja. READ …

Enugu Electricity Distribution Company (EEDC) said it had arrested 10 persons over alleged vandalism of electricity installations across its franchise areas within one month. The Head of Communications, EEDC, Mr Emeka Ezeh, disclosed this in a statement on Wednesday in Enugu. He said that the arrest followed collaboration between the …

The Federal Government has offered for subscription by auction N150 billion worth of bonds in its Sept. 25 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N45 billion of a five year re-opening issue maturing …

President Muhammadu Buhari yesterday replaced the Economic Management Team (EMT) headed by Vice President Yemi Osinbajo with an Economic Advisory Council (EAC). The new EAC, which reports directly to the president, will be chaired by an economist, Prof. Doyin Salami. Buhari’s Special Adviser on Media and Publicity Femi Adesina in …

The Economic and Financial Crimes Commission, Ibadan zonal office, has arrested one Kehinde Olumide Agbabiaka, a sales agent of Fidelity Bank Plc. His arrest was sequel to a petition jointly sent by the bank’s Regional Security Officer and the Cluster Control and Compliance Manager, in which it was alleged that …