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Ecobank staff rationalisation didn’t follow due process –Ex-employee

Mr Nurudeen Apena, was one of the recently disengaged core staff of Ecobank Nigeria. He spoke to Uche Nnamani on some of the issues that led to the mass sack and efforts to get the bank to pay balance of affected ex-employees severance package. Excerpts: What brought obout the mass sack at Ecobank  First, let me […]

Ogun, manufacturers in talks to improve infrastructure

The Ogun State Government is discussing with some notable manufacturing firms on how to improve infrastructural facilities in the state including road network to speed up its industrial revolution. The Ogun State Governor, Prince Dapo Abiodun, who disclosed this on Tuesday, also said his administration’s policies would improve the prosperity of hardworking individuals and companies. […]

Community advises DPR against approving new tank farms

of Ijegun-Egba and satellite communities have called on the Department of Petroleum Resources (DPR), not to issue licenses for new tank farms, noting that the area was already choked up with farms that pose threat to lives and property. The Chairman, Satellite Town Forum, Governor Imitini, at a town hall meeting with tank farm owners […]

More items to come under forex ban – Emefiele

Governor of Central Bank of Nigeria, Mr Godwin Emefiele, said on Monday that more items would come under the bank’s policy of restricting official foreign exchange for importation. He also said the forex restriction to importers applied to food items that could be produced in Nigeria and not a total ban on all food items. […]

Gov. Emmanuel to convert technical college to skills development centre

Gov. Udom Emmanuel of Akwa Ibom says former Technical College, Ikot Ada Idem in Ibiono Ibom Local Government Area, will be upgraded and  converted to a modern Skills Development Centre. Emmanuel stated this while addressing the congregation at the August Edition of Government House Prayer meeting at the Latter House Chapel, Government House, Uyo on […]

We’ll promote private equity investment over govt ownership –Yahaya, Board Chairman, DBN

Dr Shehu Yahaya, the Chairman, Board of Directors, Development Bank of Nigeria (DBN) Plc says he is on a mission to grow the fortunes of the bank by swelling its capital base and attracting more private investors. This mission will lead to new private sector investors taking equity from government’s stake in the bank to pave way for […]

CBN captured politically, says bank’s ex-deputy gov

A former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, has criticised the directive by President Muhammadu Buhari, to the CBN to stop allocation of foreign exchange for food importation. He faulted the claims that the nation was self-sufficient in food. Mailafia noted that the policy was not well thought out, stressing […]

Edo to partner CITN on taxation

The Edo State Governor, Mr Godwin Obaseki, has said that the state will partner the Chartered Institute of Taxation of Nigeria to drive advocacy campaigns, so as to widen the tax net in the state. Obaseki said this when members of the Benin District Society of the CITN paid him a courtesy visit at the […]

Ogun, banks collaborate on ease of doing business

Ogun State has expressed its readiness to work with operators in the banking sector to improve ease of doing business in the state. The state government said this during a forum with bankers aimed at charting a road map to make the state an investment hub of choice, according to a statement. In his welcome […]

We’re bleeding under energy theft –DisCos

Nigeria’s 11 Electricity Distribution Companies (DisCos) have raised the alarm for the Federal Government and all concerned stakeholders to urgently intervene to save them from sudden death that may arise from the nationwide menace of energy theft. The Association of Nigerian Electricity Distributors (ANED), an umbrella body of the DisCos had in 2018; called for stiffer […]

Borno disburses N39.2m SMEs loan to 1,307 traders

Gov. Babagana Zulum has  inaugurated  the disbursement of N39.2 million loans to 1,307 traders at the Custom Market in Maiduguri, Bornu State. The  governor said the micro credit loan scheme was also to support petty traders, Small and Medium Scale Enterprises (SMEs) and  boost their operations. Zulum disclosed that over 10, 000 traders and businesses […]

Delta woos investors with industrial park

Ten Nigerians have emerged in the monthly draw of the DiamondXtrasavings scheme season 11 initiated by Access Bank. The presentation, which took place in various states across Nigeria, saw Samuel Ebu, Stanley Igwe, Olusina Fadare, Amos Tochukwu, Orungbala Anna amongst others winning N1million each. Samuel Ebu, a businessman, could not hide his joy, having become a […]

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