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Author: Iheanyi Ejiofor

Business Economy headline

Holcim to exit Nigeria, sells 83% stake in Lafarge

Iheanyi Ejiofor December 1, 2024 No Comments #Holcim #Larfage

Our reporter/ The exodus of multinational organizations from the country continued on Sunday as a Swiss building materials company, Holcim agreeing to sell its Nigerian business to Huaxin Cement Ltd.,…

Read More Holcim to exit Nigeria, sells 83% stake in Lafarge
Business Economy headline

Atiku Urges NASS to accept resolutions of NEC on tax reform bills

Iheanyi Ejiofor December 1, 2024 No Comments #Atiku #tax reform bill #NASS #NEC

Our reporter/ The presidential candidate of the Peoples Democratic Party [PDP] in the last general election, Atiku Abubakar, on Sunday called on the National Assembly to revisit and make public…

Read More Atiku Urges NASS to accept resolutions of NEC on tax reform bills
Business Economy

Experts urge FG to liberalise power sector for $10 billion investment

Iheanyi Ejiofor December 1, 2024 No Comments #Power sector #experts #powe sector

The Nigerian government recently stated the country requires $10 billion in investments over five to ten years to achieve a 24-hour electricity supply. Some experts have called on the federal…

Read More Experts urge FG to liberalise power sector for $10 billion investment
Features headline News

NDLEA nabs Brazil-based businessman with ingested 700g of cocaine at Lagos airport

Iheanyi Ejiofor December 1, 2024 No Comments #NDLEA #cocaine #ingest

A 50-year-old Brazil-based Nigerian businessman has been detained by the National Drug Law Enforcement Agency for allegedly importing 700g of cocaine. The NDLEA’s spokesman, Femi Babafemi, said in a statement…

Read More NDLEA nabs Brazil-based businessman with ingested 700g of cocaine at Lagos airport
Business Economy headline

Customers decry cash scarcity amid CBN warning to punish erring banks

Iheanyi Ejiofor December 1, 2024 No Comments #CBN #Banks #Cash scarcity

Mr Cardoso said the apex bank would be conducting spot checks across the DMBs and would impose sanctions on underperforming banks. Some small business operators and residents in the Federal…

Read More Customers decry cash scarcity amid CBN warning to punish erring banks

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