Dr Dakuku Peterside, Director-General, Nigeria Maritime Administration and Safety Agency (NIMASA), says corruption discourages investment and growth of the country.
Peterside told newsmen on Tuesday in Abuja that corruption impacted negatively on the society and should not be encouraged.
“Now the other dimension of corruption which our people keep ignoring is...
Union Bank of Nigeria (UBN) Plc on Thursday announced a dividend recommendation of about N7.3 billion for the 2019 business year, its first dividend payment in 11 years. Shareholders will receive a dividend per share of 25 kobo.
The dividend was a major highlight of considerable improvements in the commercial...
The House of Representatives Committee on Financial Crimes has taken decisive action against cryptocurrency exchange platform Binance for its failure to appear before the committee in an investigation hearing. The committee resolved to recommend invoking the House's powers to subpoena and arrest Binance executives following their absence from the...
As part of its development finance move, the Central Bank of Nigeria over the years supported critical projects to reflate the economy and drive national growth.
Due to its potential to drive economic growth, the Dangote refinery is one of the critical projects the CBN has invested in especially by...
Huawei Technologies Company Nigeria Limited has assured that it would provide advanced and innovative support to MTN Nigeria following the trial roll-out of 5G network technology in Nigeria.
In a statement in Abuja, Managing Director of Huawei Technologies Company, Mr. Zhang Lulu, stated the company would keep supporting MTN through...
Air Peace, Arik Air, Dana Air, Azman and Max Air have said they will be suspending all their domestic flight services as part of efforts to curtail the spread of the coronavirus.
While Air Peace, Arik Air and Azman’s suspension will become effective from midnight of Friday, March 27, Max...
Telecommunication giant MTN on Tuesday closed its case over an alleged N300m copyright infringement suit involving an Abuja-based musician, Liberty Williams.
Nkeakam Abhulimen, a staff of MTN and Chris Anusa, a staff of Defcom Technologies, both appeared as witnesses for MTN at the Federal High Court, Abuja before Justice Ifeoma...
The Nigerian National Petroleum Corporation Limited (NNPCL) has confirmed an upward review of pump price of petrol.
Garba Deen Muhammad, Chief Corporate Communications Officer, NNPC Ltd, confirmed this in a statement on Wednesday afternoon.
“NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS...
Says Africa Has Indeed Woken Up
Vice President Kashim Shettima has said serious investors can now take unfettered advantage of Nigeria’s growing investment climate to tap from the limitless opportunities in the country and the African continent.
VP Shettima spoke on Tuesday during a forum titled, "Roadmap to Co-create Investment...
The Nigeria LNG Limited says it has paid over $7bn as taxes and issued more than $15bn as dividend to the Federal Government since it started operations.
NLNG’s Managing Director, Tony Attah, who disclosed this recently in Abuja, also stated that the company had the target of expanding its LNG...
