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In a bid to support youth entrepreneurship, the Kwara State Government has awarded interest-free loans to 170 young business owners operating in the state. This was disclosed by the Executive Governor of the state, Mr AbdulRahman AbdulRazaq during a capacity building and training workshop in the state capital, Ilorin. AbdulRazaq said...
Guaranty Trust Holding Company (GTCO) in a recent notice announced changes in its Board. The tier-1 bank appointed Mrs Miriam Olusanya as the new Managing Director of its banking subsidiary, GTBank, thereby replacing the former M.D segun Agbaje. In light of the above, here are 10 things you should know...
The Federal Government of Nigeria will earn N5 billion annually from the planned concession of its two free trade zones, located in Calabar and Kano. This was revealed by the Director-General, Bureau of Public Enterprises (BPE), Mr. Alex Okoh, during an investors webinar organized by BPE in collaboration with the...
The Governor of Lagos State, Mr. Babajide Sanwo-Olu has disclosed that the state government has invested a total of about N103 billon in the provision of infrastructure to provide downstream contracts for Micro, Small and Medium Enterprises (MSMEs). The governor made the disclosure during the 6th Edition of the Lagos...
The Board and Management of First City Monument Bank (FCMB) Plc, has confirmed the appointment of Yemisi Edun as its substantive Managing Director and Chief Executive Officer, thereby bringing to an inglorious end, the tenure of its former Managing Director, Mr Adam Nuru. This is according to a disclosure signed...
A coalition of G7 Countries has pledged total monetary commitments worth $382 million, in a bid to avert the looming famine in Nigeria’s North East and to tackle its root causes, naijabusiness.com.ng gathered. This was revealed by the British High Commissioner to Nigeria, Catriona Laing, during the launching of the...
The Nigerian Customs Service (NCS) has attained an unprecedented feat after it generated total revenue of N1.003 trillion in the first six months of the Year. This was revealed by the Public Relations Officer of the Nigerian Customs Service, Joseph Attah while addressing newsmen in Abuja today.  According to Attah, the...
The Chairman of BUA Group, Alhaji Abdul Samad Rabiu, has shared his thoughts on what he believes Nigerians should do in order to crash cement prices. Speaking to the News Agency of Nigeria in Abuja today, Rabiu opined that cement prices will crash if Nigeria has more producers. Explaining further,...
The Nigerian Senate today approved a loan request by the Federal Government of Nigeria to borrow additional sum of $6.1 billion translating to about N2.3trillion. According to different media sources, the request was approved following the consideration of the report of the Senate Committee on Local and Foreign Debts at...
A Federal High Court sitting in Abuja today has cleared the erstwhile Minister of Finance, Mrs. Kemi Adeosun, of National Youth Service Corps (NYSC) certificate forgery, which resulted in her resignation in 2018. This is according to a report by the News Agency of Nigeria, seen by naijabusiness.com.ng Justice Taiwo Taiwo,...