Fire guts Lagos market
Deji Lambo Fire has gutted Maola Shopping Mall in the Ebute Ero Market at Idumota, Lagos State. The cause of the fire, which affected shops 35 and 36 in the…
FG disowns free Internet promises, COVID-19 donations
Ife Ogunfuwa The Nigerian Communications Commission has warned Nigerians, especially telecoms consumers, not to fall prey to a fraudulent message being spread on the Internet by a fraudulent website. The…
HOW TO START PLANTAIN CHIPS BUSINESS
HOW TO START PLANTAIN CHIPS BUSINESS: You can start plantain chips business from the comfort of ur home . It is not difficult, anyone can do it . Go to…
China’s Central Bank releases $56bn to small banks in virus response
China’s central bank China’s central bank said Friday it would cut the reserve requirements for smaller banks to release around 400 billion yuan ($56.3 billion) in liquidity, a move to…
OPEC+ ministers to talk on Monday, seeking to stabilize oil price
Energy ministers from the OPEC+ oil cartel would conduct a video conference on Monday, in an effort to find a way to stabilize prices for the commodity, Azerbaijan announced on…
COVID-19: Challenges of growing economy in competitive environment
By Adeola Badru AS the novel Coronavirus is ravaging the world, it has taken a toll on business ventures across the globe. Growing businesses at this Covid-19 pandemic period will…
Tariff Review: BEDC to replace aging equipment
By Dayo Johnson, Akure Ahead of the review of its tariff, the Benin Electricity Distribution Company, BEDC has given an assurance that its aging equipment will be replaced to improve…
Nigeria’s total public debt rises to N27.4tn –DMO
Ihuoma Chiedozie, Abuja The Federal Government and the 36 states, as well as the Federal Capital Territory, owed a total N27.4tn as of December 2019, according to latest figures…
175,911 PoS transactions fail as lockdown begins
Point of Sale transactions recorded 175,911 failure rate or 15.55 per cent of total transactions on Tuesday, as the movement restriction directive of the Federal Government commenced. According to the…
Why Cross River denied 35 Americans entry –Ayade’s aide
Ada Wodu, Calabar The Special Adviser on Media and Publicity to Governor Ben Ayade of Cross River State, Christian Ita, has explained why 35 American oil workers were denied…
We’re suspending business in Lagos, Abuja –Sex workers
Eniola Akinkuotu, Abuja The National Coordinator, Nigeria Sex Workers Association, Amaka Enemo, says sex workers in the country have been forced to suspend activities, especially in Lagos and Abuja, due…
Cross River turns back 35 US oil workers, demands thorough screening
Maureen Ihua-Maduenyi The Cross River State Government on Monday turned back 35 American oil workers over coronavirus screening. The state government was said to have asked the workers to go…
Power supply worsens as gas shortage stalls 4,156.5MW
Okechukwu Nnodim, Abuja The Transmission Company of Nigeria on Monday said the power sector had in the past weeks continued to experience power supply shortage due to serious gas constraints…
Gombe loses N800m to oil price crash –NLC
Gombe loses N800m to oil price crash –NLC The Gombe State Chairman, Nigeria Labour Congress, Musa Mohammed, has called on civil servants in the state to remain calm. Mohammed stated…
Commercial activities paralysed in Imo
Gibson Achonu, Owerri Commercial activities were on Monday paralysed within Owerri, Imo State capital following the closure of markets, shops and fast-food centres in compliance with government’s order to ward…
We’ll sustain power transmission despite COVID-19 – TCN workers
Okechukwu Nnodim, Abuja Employees of the Transmission Company of Nigeria branch of the Senior Staff Association of Electricity and Allied Companies on Sunday vowed to sustain the evacuation of electricity…