Business articles

Baru to Pipeline Vandals: You are doing Harm to the economy

Baru to Pipeline Vandals: You are doing Harm to the economy

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru has appealed to oil pipeline hackers to desist from such nefarious act which according to him is not only harmful to the environment but equally hazardous to the pipeline vandals and the economy. Speaking while receiving a delegation of the Nigerian Environmental

NBS postpones release of eight reports, blames ‘challenges beyond control’

The National Bureau of Statistics (NBS) says it has postponed the release of eight reports. The Bureau announced this on its official Twitter handle citing challenges beyond its control as the reason for the postponement. The affected reports are July 2017 AGO/Diesel Price Watch, HHK/Kerosene Price Watch, Liquified Petroleum Gas price watch, PMS/Petrol Price Watch,

FG clarifies 27 businesses to enjoy tax break under pioneer status

The federal government on Monday gave clarifications on businesses that would qualify to enjoy pioneer status under the additional 27 new industries and products approved last week by the Executive Council of the Federation, FEC. The Executive Secretary, Nigeria Investment Promotion Council, NIPC, Yewande Sadiku, told PREMUM TIMES in an exclusive interview in Abuja that

Two soldiers, 13 Boko Haram members die in battles in Adamawa, Borno – Nigerian Army

Troops of the Operation Lafiya Dole neutralised over 13 terrorists on Saturday in various areas in Borno and Adamawa during clearance operations. The army spokesman, Sani Usman, who confirmed this in a statement, said 12 were neutralised when the troops laid ambushed for them at Miyanti-Banki junction in Borno and one at Kafin Hausa in

Providing affordable housing, the Big Homes option

According to NOI Polls’ 2014 National Survey, 31 percent of adult Nigerians live in their personal houses; built, bought or inherited. To fill up the deficit, the country needs a minimum of N56 trillion, according to the estimate. Major issues that continue to affect housing in Nigeria include inadequate access to finance, slow administrative procedures,

DSS must steer clear of corruption, financial crimes investigations, Falana tells FG

Femi Falana, senior advocate of Nigeria (SAN), has advised the federal government to stop the Department of State Services (DSS) from investigating cases of corruption and financial crimes. Falana, who lauded the government for its effort in “restrategising the anti-corruption campaign,” also said the Independent Corrupt Practices and Other Offences Commission (ICPC) should take over

Northern governors‎ to reinvigorate Bank of the North — Ganduje

The 19 Northern governors have ‎kick-started a fund-raising drive to reinvigorate the Bank of the North which was merged with some financial institutions about a decade ago. ‎ Governor Abdullahi Ganduje of Kano State disclosed this while addressing members of the State’s Executive Council in Kano. Mr. Ganduje said that governors of 19 Northern states

Aviation: FG regulates engagement of expatriates

The Federal Government of Nigeria has put in place a policy to regulate the engagement of expatriate in the Aviation Sector. The Minister of State, Aviation Sector Hadi Sirika disclosed this recently when members of the Joint Aviation Trade Unions and Professional Associations Forum (Head of the different trade union in the aviation sector) visited

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