Latest Nigeria News of Saturday, 30 May 2020

Business & Finance

Franchise is the future of business in Nigeria -"It eradicates poverty " --Tajudeen Lawal, an entrepreneur FG Monthly Allocation: FG, States, LGAs share N698.71bn for September Stocks plunge, Dow drops more than 400 points African Development Bank launches landmark US$500 million credit insurance deal with African Trade Insurance Agency and UK reinsurers GTBank Releases Q3 2018 Unaudited Results…..Reports Profit before Tax of ₦164.2 Billion Fayose: EFCC releases pictures of property Allegedly acquired by Fayose Fayose Faces for two weeks As EFCC obtains court order to For His Detention Delta Governor Presents N367, 09 Billion Budget Proposal For 2019 Fiscal Year EFCC interrogates Fayose over N1.3bn from Dasuki We’re depleting reserves to defend naira - CBN Gov. NSE may sanction Oando Plc NNPC adopts direct purchase of petroleum to cut off middlemen Innovation in energy storage wins NLNG's $100,000 Science Prize I'll be at EFCC today with my bedclothes, pillowcase: Fayose EFCC Impounds N1.1b gold at Abuja airport, goes after four suspects TSA: Reps uncover N21bn, $104.46m undeclared funds in 2 banks How to see if your Facebook data got hacked — and what was taken Honeywell Group Vs. Ecobank: Bank Insists Debt Must Be Paid Nigeria Labour Congress suspends strike The 2018 GTBank Fashion WeekendModel Casting Call Holds October 2nd First Bank MD, Sola Adeduntan Wanes As The Bank Suffers Huge Debt Portfolio Ghana closes 400 Nigerian businesses CBN warns: Nigeria may slide back to recession, Oil prices cross $80 mark per barrel, can hit $90 in December FIRS to freeze 6,772 corporate bank accounts over tax default You Can Now Apply For A Free Retail Stall At The 2018 gtbank Fashion Weekend CBN Takes Over Skye Bank, Revokes It's License To Operate, Orders Immediate Shut Down The Rise of the Digital-Preneur Malabu Oil $1.1b bribe scandal: Nigerian, Italian jailed, who next? Skye Bank: Customers Desert Bank Over Fraud Demand For Transparency In The Sale Of Nspmc Shares Coca-Cola wants to make drinks infused with marijuana Central Bank of Nigeria begins distribution of lower denomination banknotes Buhari Appoints Zainab Shamsuna Ahmed As The New Finance Minister EFCC raids Standard Chartered Bank head office China Investment Loan: South-East to benefit from $2bn Fund – Buhari 5 Leadership Lessons From Nigerian CEO of General Electric, Lazarus Angbazo's Speech at Purdue University Gtbank Leads Top 5 Gainers In Nse Chart, Closes At N32.95kobo Turkish Firm to Supply Power for 3 Million Nigerians BEST seals partnership deal with Al-Madinah University of Malaysia New Wema Bank MD, Ademola Adebise,wanes As The Bank tumbles To Huge Debt Portfolio Nigerian firm wins maiden Shell Global Innovation Outstanding Performance Prize World Business Forum: Meet The World’s Most Influential Ceos In One Gathering BUA Group to Set up Cement Plant in Ebonyi State Video: Jubilation at Utako market as Osinbajo inaugurates TraderMoni Chinese Consortia, NNPC sign MoUs for biofuels production MTN Shares Crash As FG's Tax Bill Of $2bn Hits The Company Amnesty Beneficiaries: Greece to train 2,500 ex-militants in fishing Expanding its internet service to more countries in Africa, Tizeti raises $3 million MTN Faces More Trouble As FG Demands Fresh $2bn Tax Arrears From The Firm Sahara Group’s Temitope Shonubi joins the African ‘energy coalition’ in Cape Town Volkswagen signs Memorandum of Understanding with Nigerian Government to develop an automotive hub Theresa May's Visit: Lagos State to access £750m export credit finance CBN Sanctions Standard Chartered, Stanbic IBTC, Citibank, Diamond Bank Chinese Pharmaceutical Firms Eye Market Chances in Nigeria Nigeria records first strong GDP growth after recession Wike Kicksl as EFCC begins fresh probe into Rivers' finances Nigeria’s Economy On Life Support Because Of Rising Debt — Peter Obi Six Tips For African Entrepreneurs And Companies On Successfully Raising Capital Multichoice ignores court injunction on price hikes $250 million Brewery in Ogun & The Largest In West Africa To Be Commissioned By President Buhari Court stops Multichoice from implementing new tariff regime Lagos Earmarks N6.3b to Empower Small Scale Business Entrepreneurs Annually REAN to provide financing for solar energy projects Third Mainland Bridge to be temporarily shut for four days: Lagos Govt Ibadan Electricity Invest Over N2.5bn On New Projects Expansion To Boost Power Supply Terror In FCMB… Nine Bank Officials Abscond With N.6 billion Customers’ Deposits Changing Narratives… Sparking Innovation: Tedx Ogunu Leads The Way In Warri Kemi Adeosun Heads Federal Government's Reconstituted NBET Board IOCs remit N813bn to FG in one year Enugu-Onitsha Road: FG Increases Contract Sum By N5.4bn Electricity Generation drops to 2,684MW In Nigeria Daura, Ekpenyong linked to alleged N17b fraud American EXIM Bank agrees to finance 85% of US content in Capt. Iheanacho's refinery project EFCC freezes accounts of Akwa Ibom State govt GTBank Records Profit Before Tax of N109.6BN for H1 2018 Audited Results EFCC detains Ekweremadu over 22 properties in Nigeria and abroad Kogi Iron progresses project test work in Nigeria Sokoto Cement Makes N3.3bn Profit After Tax In 2017 John Abebe, Obasanjo's brother-in-law remanded in prison Dangote sets 2020 timeline for acquisition of Arsenal FC Currency Swap: CBN begins sale of Chinese Yuan A comprehensive guide to selling your property Federal Government of Nigeria to Unveil New National Airline Workers shut ExxonMobil Hq for sacking 860 Nigerian staffers China offshore oil coy to invest $3bn in Nigeria Amsterdam port to fuel ships with plastic Fidelity Bank Under Siege President Buhari Praises Afreximbank’s Dynamism and Tenacious Leadership as Annual Meetings End Refinery: Dangote obtains $650m from AFREXIMBANK Boomerang Africa becomes Boomerang Havas Africa EFCC seizes N200m from two military officers President Buhari inaugurates Abuja light rail Robust policies, collaboration will make power sector more bankable - Kola Adesina, Egbin Power Chairman Dangote: the travails of the only rich man in a village Tony Elumelu Pledges N500 Million Exclusively To Delta State Focused Entrepreneurship Programme Tony Elumelu Foundation Hosts Interactive Session With Macron And2000 Young African Entrepreneurs Complete Your SWAG With A Zenith Bank Account Abuja Chamber President commends NSE for impacting positively on economy Union Bank Under Heavy Debt Burden

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