When autocomplete results are available use up and down arrows to review and enter to select. Touch device users, explore by touch or with swipe gestures.

Business News

Collection by Bizwatchnigeria • Last updated 2 minutes ago

19.53k 
Pins
 • 
1.7k 
Followers

Latest Business News

Not less than Twenty Nigerians were denied traveling overseas over what the Nigerian Immigration Service (NIS) deemed poor and unconvincing documentation about their destination. The intending travellers were held back from travelling last week at the Murtala Muhammed International Airport (MMIA), Lagos. Also, a mentally challenged 29-year-old woman, Ms. Motunde Oluwatobi Victoria, was repatriated from…

NIS Stops 20 Nigerians From Traveling Overseas Over Document Irregularities

Not less than Twenty Nigerians were denied traveling overseas over what the Nigerian Immigration Service (NIS) deemed poor and unconvincing documentation about their destination.

A former Central Bank of Nigeria (CBN), Charles Soludo has emerged as the flagbearer of the All Progressives Grand Alliance (APGA) in the November 6, Anambra State governorship election. The primary election was held on Wednesday in Awka, the capital of Anambra state. The number of accredited delegates at the election totalled 795, out of…

Soludo Emerges Winner Of Anambra State APGA Guber Primary

A former Central Bank of Nigeria (CBN), Charles Soludo has emerged as the flagbearer of the All Progressives Grand Alliance (APGA) in the November 6, Anambra State governorship election. The primary election was held on Wednesday in Awka, the capital of Anambra state.

The contractors handling the connection of the rail line to the Lagos Port Complex Apapa have stated that they are still installing the rail tracks to the port. This is coming two weeks after President Muhammadu Buhari commissioned the operations of the Lagos-Ibadan rail line. According to SHIPS & PORTS, a contractor, who spoke on…

Contractors Still Installing Rail Tracks To Apapa Port

The contractors handling the connection of the rail line to the Lagos Port Complex Apapa have stated that they are still installing the rail tracks to the port. This is coming two weeks after President Muhammadu Buhari commissioned the operations of the Lagos-Ibadan rail line.

The Asset Management Corporation of Nigeria (AMCON) has stated that it has taken possession of assets owned by Senator Abdulfatai Buhari, from Oyo State over an alleged N600 million debt. AMCON disclosed in a statement on Wednesday that the facility was taken by the embattled senator’s company, Abadat Ventures Limited, from Guaranty Trust Bank (GTB)…. Communication Department, Corporate Communication, News In Nigeria, Court Order, Aviation Industry, Asset Management, Financial Institutions, Weekend Is Over, Debt

AMCON Takes Possession Of Oyo State Senator's Property Over N600m Debt

The Asset Management Corporation of Nigeria (AMCON) has stated that it has taken possession of assets owned by Senator Abdulfatai Buhari, from Oyo state over an alleged N600 million debt

The Senate on Tuesday pledged to publish the names of Ministries, Departments and Agencies of the Federal Government that refused to defend queries raised on the mismanagement of their finances. The President of the Senate, Ahmad Lawan, made the pledge following the presentation of the report of the Senate Committee on Public Accounts (SPAC) on… Fiscal Year, Trust Fund, On The Issues, The Agency, Asset Management, Financial Institutions, State Government, Budgeting, Finance

Audit: Senate Vows To Publish Names Of Erring MDAs

The Senate on Tuesday pledged to publish the names of Ministries, Departments and Agencies of the Federal Government that refused to defend queries ...

The Nigerian National Petroleum Corporation on Wednesday said the country recorded 102 million litres daily petrol consumption of petrol in May as against an average of 60 million litres. The Group Managing Director, NNPC, Mele Kyari, said in a statement issued in Abuja, said the 70 percent increase in daily consumption was a result of…

Smuggling Persists As Petrol Consumption Rise By 70% In May

The Nigerian National Petroleum Corporation on Wednesday said the country recorded 102 million litres daily petrol consumption of petrol in May as against an average of 60 million litres.

The Director-General, National Youth Service Corps (NYSC), Brigadier-General Shuaibu Ibrahim, says attempts by about 1,000 corps members nationwide to relocate to another state of their choice have been blocked. Ibrahim, while speaking to journalists in Abuja at the opening ceremony of the 2020 inspectors’ development programme on Wednesday said most corps members tried to manipulate… National Youth Service, News In Nigeria, Youth Services, Latest Business News, Camps, Travelling, Friday, Night, Federal

NYSC Blocks Relocation Attempts By 1,000 Corps Members

The Director-General, National Youth Service Corps (NYSC), Brigadier-General Shuaibu Ibrahim, says attempts by about 1,000 corps members nationwide to relocate to another state of their choice have been blocked.

The President of African Development Bank (AfDB), Dr Akinwumi Adesina, has been named the 2017 World Food Prize Laureate. Adesina, whose n. World Food Prize, Agriculture, African Development Bank, Human Development, African Union, Latest Business News, Leadership Qualities, New Africa, Civil Society

COVID-19 Recovery: Low-Income SSA Countries Will Need $245bn – AfDB

Low-income countries in Sub-Saharan Africa will require $245 billion by 2030, according to the African Development Bank...

Nigeria as well as Iran, Kenya and the Democratic Republic of Congo, have been identified as some of the countries burdened by huge sovereign debts, a report warned on Thursday. Lasting divide risks emerging between rich and poor countries if the rising debt burden of low-income and emerging nations is not tackled, a study by…

Nigeria Among Countries Potentially Trapped By High Debt – Report

Nigeria as well as Iran, Kenya and the Democratic Republic of Congo, have been identified as some of the countries burdened by huge sovereign debts, a ...

The Director-General of the National Information Technology Development Agency (NITDA), Mr. Kashifu Inuwa, said that Nigeria would lead other African countries in Artificial Intelligence (AI) and Blockchain technology. He said this would lead to the economic diversification of the continent. Inuwa made the assertion on Wednesday at the virtual Digital Africa Conference and Exhibition 2021…

Technology: Nigeria To Tap Into $58bn AI Market

The Director-General of the National Information Technology Development Agency (NITDA), Mr. Kashifu Inuwa, said that Nigeria would...

  Mr Obama, North Korea Kim, Workers Party, Nuclear Test, Un Security, Sea Of Japan, Korean Peninsula, Trump One

Not Considering Talks With US, Will 'Get Us Nowhere' – North Korea

North Korea’s foreign minister on Wednesday ruled out any talks with the United States, saying dialogue with Washington would...

South Africa has been hit by another grander bitcoin scam with the masterminds carting off with $3.8 billion, claiming that the system had been hacked. The scam was engineered by two brothers – Raees and Ameer Cajee – who ran a bitcoin investment platform called Africrypt. Victims of the scam include high net worth individuals… Bitcoin Market, Buy Bitcoin, Bitcoin Price, Political Ads, Cryptocurrency Trading, Control Unit, Financial Institutions, Business News

South Africa Bitcoin Scam: Victims Lose $3.8bn

South Africa has been hit by another, grander bitcoin scam, with the masterminds carting off with $3.8 billion, claiming that the...

Brazil will host the 2021 Copa America, which is scheduled to be played between 13th June and 10th July. This was after Argentina was ruled out because of the rising cases of COVID-19 cases in the country. Argentina made the shocking announcement on Sunday night, forcing the South America Football Confederation CONMEBOL to start looking into offers from…

Brazil To Host 2021 Copa America After Argentina Ruled Out

Brazil will host the 2021 Copa America, which is scheduled to be played between 13th June and 10th July. This was after Argentina was ruled out because of the rising cases of COVID-19 cases in the country.

Good morning, here are the latest top business news headlines for today Thursday, June 2021. Chaka Receives SEC’s First Fintech License Digital Investment Platform, Chaka, has announced that it has obtained a Digital Sub-Broker/Sub-Broker Serving Multiple Brokers Through a Digital Platform License from the Securities Exchange Commission of Nigeria (SEC). A statement on Wednesday said this makes Chaka… African Development Bank, Nigerian Government, Nigerian Newspapers, Latest Business News, Susa, One Dollar, Latest Tops, Asset Management, African Countries

Nigerian Newspapers: Latest Business News Headlines For Today June 24, 2021

Good morning, here are the latest top business news headlines for today Thursday, June 2021. Business roundup...

The market capitalisation of the Nigerian stock market shrank further, as the All-Share Index (ASI) fell by 1.11 percent. The equity capitalisation stood at N19.70 trillion against the N19.72 trillion recorded on Tuesday. The All-Share Index (ASI) fell to 37,804.46 from 37.847.07. The volume of shares also dropped to 208.35 million from the 218.27 million… Analyse Technique, Stories Of Success, First Bank, Latest Business News, Investment Portfolio, Share Prices, Bear Wallpaper, Going On A Trip, Global Economy

Royalex, Japaulgold Lead Losers' List, As Stock Market Cap Shrinks Further

The market capitalisation of the Nigerian stock market shrank further, as the All-Share Index (ASI) fell by 1.11 percent.

An Islamic cleric, Ahmad Gumi, said that herdsmen’s crimes weigh significantly lesser than those of the Indigenous People of Biafra (IPOB). The cleric, who is known to have access to bandits, said that it is unfair to compare the activities of criminal herdsmen with those of IPOB. Gumi while speaking on Arise TV on Wednesday,…

'Herdsmen's Crimes Are Lesser Than IPOB's Crimes' – Ahmad Gumi

An Islamic cleric, Ahmad Gumi, said that herdsmen’s crimes weigh significantly lesser than those of the Indigenous People of Biafra (IPOB). The cleric, who is known to have access to bandits, said that it is unfair to compare the activities of criminal herdsmen with those of IPOB. Gumi while speaking on Arise TV on Wednesday, called for “fairness” in the comparison between the two groups, saying one “is killing our gallant men” while the other is “kidnapping children to make money and not to…