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Business
News about Business in Nigeria, Africa and around the World. Get the business news as it happens in Nigeria
Late Night Sackings: The Inside Story of an Unfolding Staff Nightmare at UBA
By David Hundeyin Last November, thousands of Lagosians including hundreds of UBA Bank employees attended what was billed as the ‘party of the year’ at the Lekki Special Events Centre on Admiralty Way. The UBA RedTV Rave had everyone…
UBA Force Staff To Write Resignation Letter After Sacking
United Bank for Africa (UBA) Plc has sacked over 5000 staff of the bank without prior notice, NAIJA CENTER has gathered. The staff who were shocked on the development were forced to write their resignation under duress. NAIJA CENTER…
DisCos: Nigerians To Pay More Electric Tariff From Jan 1
While Nigerians are returning back to work after the Christmas and New Year Holiday, they may have an extra bill to pay, according to the new report released by NERC. The Nigerian Electricity Regulatory Commission directed the 11…
Obaseki Agric Initiatives Council Boss Train 200 Farmers
By Elvis Omoregie, Benin As part of the commitment by the Godwin Obaseki led administration in Edo State to boost food security and and job creation, over 200 farmers have received training on different farming areas in Orhionmwon local…
FG To Introduce Willing Seller, Willing Buyer Policy To Curb Power Outages
A new Electricity Distribution Policy, the "Willing Seller, and Willing Buyer", is set to be introduced by the Federal Ministry of Power, to abate distorted power supply structures in the country. According to the Honorable Minister of…
Jonathan Dares Lamido To Prove His Involvement In Malabu Deal
Ex-President Goodluck Jonathan has reacted to ex-governor of Jigawa State, Sule Lamido over his allegation that he traded off Bayelsa's election to save himself. Lamido, in an interview with The Sun, said Jonathan betrayed the Peoples…
My Reforms, People-oriented Policies Will Earn Me Second Term, Says Obaseki
…assures investors, devt partners, others of safe, conducive business environment The Edo State Governor, Mr. Godwin Obaseki has said the far-reaching reforms and people-oriented policies that have changed the fortunes of the state…
Buhari orders the extension of Border closure till January 2020
President Muhammadu Buhari has approved the extension of the closure of Nigeria’s border to January 31, 2020. The Presidential directive was contained in a memo made available by Deputy Comptroller General of Customs in charge of…
Nigeria, Vietnam sign visa waiver agreement
Vice President Yemi Osinbajo on Wednesday at the State House Banquet Hall, Abuja, proposed a toast for the Socialist Republic of Vietnam and the Federal Republic of Nigeria. The vice president’s toast was proposed at a dinner organised…
Corrupt People Used NDDC As ATM, Says Akpabio
The Minister of Niger Delta Affairs, Godswill Akpabio says corrupt people treated the Niger Delta Development Commission (NDDC) like an automated teller machine (ATM). Akpabio said this during an interview on the Nigeria Television…