Business

A Dutse Magistrates’ Court has granted bail to former Governor Sule Lamido of Jigawa State. Lamido was standing trial on a four-count charge of inciting public disturbance, defamation of character, criminal intimidation and disturbance of public peace. The magistrate granted the two-term governor bail on self-recognition and adjourned the case …

Facebook founder, Mark Zuckerberg, has said the social media platform has 1.3 billion daily active users as at the first quarter of this year. Zuckerberg said on his Facebook page on Wednesday, that users increased by 18 per cent on yearly basis. He said the Monthly Active Users (MAUs) was …

Playing host to a select media last Friday at Sabo, Yaba, the Managing Director of Jumia Travel, Kushal Dutta, has disclosed that the foremost online travel agency records double digit growth on a monthly basis. Explaining the company’s achievement, Dutta adds that Jumia Travel has grown 4,000 times from where …

The wife of former president, Olusegun Obasanjo, has raised an alarm over what she said would be the consequences of their son’s forthcoming wedding to the daughter of the owner of Premier Lotto, Kessington Adebutu. Taiwo Obasanjo, in a letter to The Methodist Church of Nigeria, said the dates chosen …

President Buhari failed to attend the weekly Federal Executive Council meeting today as planned by members of his cabal who had orchestrated his brief and controlled appearance yesterday. President Muhammadu Buhari’s handlers yesterday implemented a brief and carefully-controlled appearance for him in his “office” in the presidential villa as public …

In one fell swoop, South African telecoms firm, MTN, on Friday sacked 280 of its employees in Nigeria, in a major job cut that affected about 15% of the company’s entire Nigerian workforce. Those affected by the move include some 200 permanent employees and about 80 contract staff across various …

Unfavourable Bilateral Air Service Agreements (BASAs) that allow foreign airlines access into the local market is costing the Nigerian economy and her ailing aviation sub-sector billions of naira yearly. The loss, in excess of over N200 billion, follows the perennial inability of the nation’s flag carriers to reciprocate and compete …

Angry workers in their thousand disrupted the 2017 May Day celebrations at the Eagle Square, Abuja, over the failure of the Federal Government to give them a new minimum wage in the country. The workers insisted that the Federal Government had a responsibility to give them a definite position on …

The Lagos State Government generated N436.3 billion internal revenue in 2016 from the N399.4 billion realised in 2015. The state realised N7 billion from Land Use Charge (LUC) in 2016 against N6 billion in 2015. Mr Akinyemi Ashade, the state Commissioner, Ministry of Finance, made the disclosure at the ministry’s …

The Ballast Water Management (BWM) Convention of the International Maritime Organisation (IMO), is poised to unlock an unprecedented estimated private sector investment of about $30b in the next few years. The BMW was adopted in order to control and manage ships ballast and sediments. This will help reduce the harmful …