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Business

February, 2021

  • 15 February

    (Opinion): N22B National Theatre Renovation: Too much?

    I’ve seen a lot of criticisms greet the purported plan by the Federal Government of Nigeria to renovate one of our National treasures; The National Theatre in Lagos State for a whooping N21billion. “Wow! N21b for only renovation? Cement and paint o” my friend said to me and I told him “calm down first”. Let’s go for a little stroll. ...

  • 15 February

    Giant Steps taken toward Revamping National Theatre

    On Sunday February 14, 2021 the Memorandum of Understanding (MOU) for the Revamping and Restoration of the National Theatre was signed between the Federal Governmen and Central Bank of Nigeria/Bankers Committee. Also signed is the contract awards for the project. The signing of the MOU and contract awards was witnessed by the Host Governor, Babajide Sanwoolu of Lagos State, Governor ...

  • 15 February

    FG plans concession of Lagos Trade Fair, Calabar, Kano SEZs

    The Federal Government on Sunday announced its readiness to begin the process for the concession of four federal assets. According to the Bureau of Public Enterprises, the assets include the Tafawa Balewa Trade Fair Complex, Lagos International Trade Fair Complex, Calabar Special Economic Zone and Kano Special Economic Zone. The BPE stated that later this month it would hold an ...

  • 15 February

    Olam, BAT, eight others earned $100m from exports – CBN

    Top 10 exporters in the country exported non-oil goods worth $100.88m in November, according to the Central Bank of Nigeria. The CBN disclosed this in its latest monthly economic report. Part of the report read, “Estimates of export proceeds of the top 10 non-oil exporters for November 2020 was $100.88m. “A disaggregation revealed that Olam Nigeria Limited topped the list ...

  • 15 February

    Emirates extends Nigerian passengers ban till March

    Emirates Airlines has extended the ban on passenger services from Nigeria (Lagos and Abuja) to Dubai until March 10 2021. It said travellers from both Abuja and Lagos would not be accepted for travel prior to the date, according to a statement issued by the airline on Sunday. Also, the carrier warned that passengers who had been to or connected ...

  • 15 February

    What about Buhari’s new baby Infra-Co with initial seed capital of N1 trillion ?

    President Muhammadu Buhari has approved the establishment Infra-Co with an initial seed capital of N1 trillion. According to a statement issued by Bashir Ahmad, Personal Assistant on New Media to President Buhari, the styled Infrastructure Company, Gwholly focused on critical infrastructural investments in Nigeria will bePartnership set up under a Public-Private  with an initial seed capital of N1 trillion. While ...

  • 15 February

    Sanwo Olu receives Notes Jakande left for him

    Sanwo-Olu held a meeting behind closed doors with the deceased’s family members, during which a close confidant of the late Jakande, Engr. Kamal Giwa, delivered two messages left for the Governor by the deceased. One of the messages is a personal ambition, which the late Jakande wanted fulfilled before his death. Three days after the passing of Alhaji Lateef Kayode ...

  • 14 February

    Kidnappers kill farmer, son in fresh Kaduna attack

    Bandits in the early hours of Saturday raided Baka Village in Igabi Local Government Area of Kaduna State, killing two persons. The bandits were said to have invaded the village with the intension of kidnapping a farmer and his son. The farmer and son who resisted being kidnapped. And they were shot and they both died on the spot. Dan’Azumi ...

  • 14 February

    Gombe, Benue, Adamawa, Zamfara ready to receive returning herdsmen

    The state governments in Gombe, Benue, Adamawa and Zamfara have signalled their preparedness to receive herdsmen relocating to the North. The Northerner Elders Forum had, in a statement issued on Friday by its Director, Publicity and Advocacy, Dr Hakeem Baba-Ahmed, called on northern governors “to prepare to receive law-abiding Fulani herders who may be compelled to relocate to the North.” ...

  • 14 February

    Miyetti Allah to South-West: If you kill a herder, don’t go & sleep, we will revisit you,

    Fulani herdsmen under the aegis of Miyetti Allah Kautal Hore have vowed to resist any eviction from the South-West, citing their rights as enshrined in the Nigerian constitution to live wherever they desire. Miyetti Allah also vowed to avenge the alleged attacks on and loss of herdsmen and their cattle, saying it would never tolerate any act of injustice on ...