Wednesday, May 15, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Business

Ownership tussle: Kogi orders Obajana plant to remain shut, demands proof of acquisition

    Ownership tussle: Kogi orders Obajana plant to remain shut, demands proof of acquisition

The Kogi government says it has asked the management of Dangote Group to ensure that the Obajana Cement Company remains shut within the next two days. Over the past few

0 comment Read Full Article

World Bank debars seven Nigerian companies, individuals over corruption

    World Bank debars seven Nigerian companies, individuals over corruption

The World Bank has debarred five Nigerian firms and individuals for engaging in corrupt practices. In addition, two Nigerian companies debarred by the African Development Bank (AfDB) were recognised by

0 comment Read Full Article

Nigeria’s low tax revenue undermines ability to tackle global shocks, says IMF

    Nigeria’s low tax revenue undermines ability to tackle global shocks, says IMF

The International Monetary Fund (IMF) has asked the Nigerian government to improve domestic revenue mobilisation to withstand global economic shocks. Paulo Medas, division chief, fiscal affairs department, IMF, said this

0 comment Read Full Article

Sanwo-Olu unveils 30-year development plan to make Lagos Africa’s investment hub

    Sanwo-Olu unveils 30-year development plan to make Lagos Africa’s investment hub

Babajide Sanwo-Olu, governor of Lagos, has launched the state’s 30-year development plan which will be implemented between 2022 and 2052. Sanwo-Olu made this known on Wednesday at the end of

0 comment Read Full Article

Zainab Ahmed: FG considering additional borrowing from IMF, debt restructuring

    Zainab Ahmed: FG considering additional borrowing from IMF, debt restructuring

Zainab Ahmed, minister of finance, budget and national planning, says the federal government is considering tapping into the newly created

0 comment Read Full Article

‘Process should be transparent’ — Reps ask CBN to suspend proposed Polaris Bank sale

    ‘Process should be transparent’ — Reps ask CBN to suspend proposed Polaris Bank sale

The house of representatives has asked the Central Bank of Nigeria (CBN) to suspend the proposed sale of Polaris Bank

0 comment Read Full Article

FEC approves MTN’s takeover of N202bn Enugu-Onitsha road construction

    FEC approves MTN’s takeover of N202bn Enugu-Onitsha road construction

The federal executive council (FEC) has approved the takeover of the construction work on the Enugu-Onitsha expressway by MTN Nigeria

0 comment Read Full Article

AMCON reappoints Ado Sanusi as MD of Aero Contractors

    AMCON reappoints Ado Sanusi as MD of Aero Contractors

The Asset Management Corporation of Nigeria (AMCON) says it has reappointed Ado Sanusi as the managing director of Aero Contractors.

0 comment Read Full Article

Visa ban: FG begins engagement with Ethiopia to seek reversal of policy

    Visa ban: FG begins engagement with Ethiopia to seek reversal of policy

The federal government says it has begun engagements with the Ethiopian government over the recent visas-on-arrival ban on Nigerians. Hadi

0 comment Read Full Article

FEC approves N11.8bn for aviation equipment, maintenance centres

    FEC approves N11.8bn for aviation equipment, maintenance centres

The federal executive council (FEC) has approved N11.8 billion for the procurement of equipment and setting up of a firefighting

0 comment Read Full Article
error: Content is protected from copying.