• Leadership crisis limiting cashew industry’s growth, says NCAN

    Okechukwu Nnodim, Abuja The leadership crisis in the National Cashew Association of Nigeria is severely limiting the growth of the nation’s cashew industry despite efforts by the Federal Government to revive the sector. According to the Eastern Zone of NCAN, efforts by the government to make the crop a major ...

  • Shoprite to give away 22 cars in promo

    Anna Okon Shoprite Nigeria is giving away 22 units of new Hyundai Grand Xcent in the 2017 edition of its annual promotion tagged “Biggest Birthday Splash” which is running until first week of October. A statement from the retailer indicated that cars would be given to buyers of 11 participating ...

  • Lagos, Kano partnership will aid growth, says Sanusi

    Ted Odogwu, Kano The Emir of Kano, Muhammadu Sanusi II, on Thursday in Kano, hailed the about-to-be perfected economic and investment partnership between Kano and Lagos states, stressing that it would accelerate growth and development of the two states. During a courtesy call by the Lagos/Kano Economic Summit Team to ...

  • Despite Ban, Cigarettes Still Sold Publicly To Minors

    By Abdullahi Olesin, Ilorin, Donatus Nadi, Lafia , Anayo Onukwugha, Port Harcourt, Nosa Eresoyen, Asaba, Abu Nmodu , Minna, Taiwo Omilani, Lagos. The federal government’s attempt to implement some aspects of the National Tobacco Control Act may have been dead on arrival as many Nigerians are left in the dark ...

  • Income Tax: Zenith, 15 Others Pay N99bn In 6months

    By KAYODE TOKEDE,  Lagos Federal and state generating revenue service agencies generated a whopping sum of N99.26 billion as tax income from Zenith Bank and 15 other firms in the country between January to June of 2017 (H1), investigation by LEADERSHIP has revealed. A total of seven financial institutions, two ...

  • Army not directly involved in IPOB-Hausa clash in Oyibo –Spokesman

    The Nigerian Army says it is not directly involved in ongoing operation to restore law and order in Oyibo Local Government Area of Rivers State. Spokesman of the 6 Division of the Nigerian Army, Port Harcourt, Col. Aminu Iliyasu, said this in an interview with the News Agency of Nigeria in ...

  • ‘My promotion letter turned to sack letter when my wife appeared to me in dream’

    “My wife is a witch, she appears and disappears using her wonder-working powers,” 58-year-old businessman, Olarenwaju Moruf, told an Igando Customary Court in Lagos on Thursday. The man, therefore, urged the court to terminate his 17-year marriage, saying, “I am no longer interested in the relationship, as the love I ...

  • NDLEA arrests 67 persons for alleged drug trafficking in Edo

    The National Drug Law Enforcement Agency in Edo says it has arrested 67 persons for allegedly trafficking in various drugs in the state. The Commander of the agency, Mr Buba Wakawa, disclosed this to the News Agency of Nigeria on Thursday in Benin. Wakawa said the suspects that comprised 47 ...

  • Prostitution: Ogun ejects traders from MKO stadium

    Festus Abu The  Ogun State Government on Wednesday ejected traders from  the MKO Abiola  Stadium  in Abeokuta. The stadium  had reportedly been converted into a sex hotspot with fun-seekers thronging  the complex at weekends   to  wind down. Teenage prostitutes were  said to have taken advantage of the development to do  ...

  • Balogun assumes duty as Nigeria’s ambassador to Indonesia

    Nigeria’s Ambassador to Indonesia, Mr. Hakeem Balogun, has assumed duty in Jakarta after the presentation of his Letters of Credence to Indonesian President Joko Widodo. A statement by the Nigerian Embassy in Indonesia made available to the News Agency of Nigeria (NAN) in Abuja, said that Balogun applauded the existing ...

  • Premiership league is our goal – NAF FC

    The Team Manager of Nigeria Air Force,  NAF  FC, Yakubu Sadiq, says the team is determined to actualise its ambition to play in Nigeria Premiership Football League ( NPFL ) next season. Sadiq told the News Agency of Nigeria (NAN) on Thursday in Abuja that his team would work hard ...

  • NDLEA arrests 67 persons for drug trafficking in Edo

    The National Drug Law Enforcement Agency ( NDLEA ) in Edo says it has arrested 67 persons for allegedly trafficking in various drugs in the state. The Commander of the NDLEA, Mr Buba Wakawa, disclosed this to the News Agency of Nigeria (NAN) on Thursday in Benin. Wakawa said the ...

  • Saham Unitrust records N429.9m profit

    Nike Popoola Saham Unitrust Insurance Nigeria Limited said the firm expanded its business operations and recorded N429.9m underwriting profit in the 2016 financial period. The company’s net claims expenses also stood at N355.2m at the end of 2016, which it noted as attesting to its ability to respond to claims ...

  • Exit from recession’ll help bring down interest rate, inflation – Emefiele

    Ifeanyi Onuba, Abuja The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Wednesday said that the improvement in economic performance, which was confirmed by the report of the country’s exit from recession, would enable the apex bank to bring down interest and inflation rates, as well as ...

  • Leadway to provide insurance cover for lawyers

    Nike Popoola Leadway Assurance has reiterated its resolve to provide insurance protection for practising lawyers who are members of the Nigerian Bar Association. According to a statement, Leadway said this during the Nigerian Bar Association’s general conference with the theme, ‘African business: penetrating through institution building’ in Lagos. Leadway Assurance ...

  • FG commends NIMASA for improved revenue performance

    The Federal Government, through the Ministry of Finance and the Office of the Accountant-General of the Federation, has commended the Nigerian Maritime Administration and Safety Agency for its revenue performance in the past one year. The Minister of Finance, Mrs. Kemi Adeosun, who disclosed this at a workshop in Abuja ...

  • Chevron completes 12-month training for youths

    Chevron Nigeria Limited, the operator of the Nigerian National Petroleum Corporation/CNL Joint Venture, said it had completed a 12-month on-the-job training for seven Nigerian graduates at its office and field locations. The oil major said in a statement that a total of 14 graduates had benefitted from its internship programme ...

  • ‘Nigeria ready for investment’

    Sesan Olufowobi The Senator representing the Lagos East Senatorial District, Gbenga Ashafa, says Nigeria is a haven for serious investments. Ashafa, who is also the Chairman, Senate Committee on Land Transport, stated this in China during an inspection of CRRC Nanjing Puzhen Co. Ltd in Nanjing, China, a statement said ...

  • Naira weakens to 367/dollar

    Oyetunji Abioye The naira weakened to 367 per United States dollar at the parallel market on Wednesday, after closing flat at 365/dollar in the past one week. This was despite a $250m injection into the foreign exchange market by the Central Bank of Nigeria on Monday. A breakdown of Monday’s ...

  • FEC orders probe of past JAMB, NIMASA chiefs

    Forensic probe of some government agencies has been ordered. The exercise is to recover unremitted revenues, according to Minister of Finance Mrs Kemi Adeosun, who briefed State House correspondents at the end of the Federal Executive Council (FEC) meeting. With Mrs Adeosun were Minister of Water Resources Suleiman Adamu, Minister ...

  • CBN sees further growth in economy

    As the country exits recession, the Central Bank of Nigeria (CBN), said the economy will continue to improve in the days and years ahead. Speaking at the CBN’s 24th seminar for finance correspondents and editors in Awka, Anambra State yesterday, the CBN Governor, Mr Godwin Emefiele said he is “hugely ...