Saturday, July 20, 2019
The Managing Director, International Monetary Fund, Christine Lagarde, has tendered her resignation, which will take effect from September 12. The executive board of the fund has accepted the resignation and said that it would begin a selection process promptly. A statement...
As part of activities marking the 2019 First Bank of Nigeria Limited Corporate Responsibility and Sustainability Week (CR&S) the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their initiative for widows – Widows...
By Eric Elezuo A brand new lotto regime has arrived the city of Lagos. It is Rider Lotto, by Ridersports Software Nigeria Limited. The lotto regime is reputed to have been established with trust, integrity and transparency as the bedrock...
Nigeria is losing about $9bn annually to foreign shipowners because the country has no single vessel that is involved in international freight services, the Nigerian Shippers’ Council stated on Thursday. According to the council, Nigeria makes nothing from the billions...
Chanel clocked up sales of nearly 10 billion euros ($11.1 billion) in its final year under the late designer Karl Lagerfeld, the French label said Monday. The notoriously secretive brand owned by the Wertheimer family, which has only reported its...
President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping any of the restricted 43 items into Nigeria. The Presidential directive was disclosed by the CBN Governor,...
Nigeria, Africa’s top oil producer, earned a total of $236.15bn from petroleum exports over the last five years, a new report by the Organisation of Petroleum Exporting Countries has shown. OPEC, in its 2019 Annual Statistical Bulletin, put the value...
The Nigerian Communications Commission has awarded N65m grant to 11 universities to carry out technology research that would lead to technology products. The Executive Vice-Chairman, Prof Umar Danbatta, who made the presentation to the researchers whose proposals were accepted by...
The Federal High Court has restrained the Securities and Exchange Commission from removing Messrs Wale Tinibu and Omamofe Boyo as Oando Plc’s Group Chief Executive  Officer and Deputy Group Chief Executive  Officer, respectively. Justice Mojisola Olatoregun sitting in Lagos granted...
Due to Nigeria diplomatic row with Namibia, the Air Namibia has suspended its flight on its Windhoek-Lagos-Accra route. This was contained in a statement issued on Friday by Namibia’s national carrier. The suspension was to take immediate effect. The carrier started in...

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