CISLAC UK sets priority for Nigeria in UK-Africa trade ties

The Civil Society Legislative Advocacy Centre (CISLAC), United Kingdom (UK), has canvassed total sincerity, openness, transparency and accountability in repatriation of various Nigeria’s illicit financial outflows in the coffer of the UK government into the country as the British Prime Minister, Theresa May, embarks on a trade mission to African continent this week. The British […]

Workers shut ExxonMobil HQs for sacking 860 Nigerians

The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the sacking of 860 spy police without entitlement. The workers besieged the office of the oil company, protesting the sacking of workers, mainly Nigerians, on Tuesday in Lagos. The protesters accused the company of sacking the 860 Nigerian workers most […]

CBN urges vehicle owners to prioritise insurance

The Central Bank of Nigeria, CBN, has charged vehicle owners in the country, particularly car owners, on the need to prioritise insurance cover in their ownership documentation process. The Deputy Director, Development Finance Office of the apex bank, Mr. Adedeji Adebisi, gave this charge during his lecture on financial literacy at a media workshop in […]

I opted for mobile kitchen business to fulfill my innate passion – Sannikayz

When and how did you come about the idea of mobile kitchen business? I ran Sannikayz Kitchen with a partner as an undergraduate of University of Lagos (UNILAG) for two years (2013-2015). It was a good experience and we invested in the business with many expectations. My partner and I were unable to hit our […]

FG recovers N30bn from VAIDS, targets 40m taxpayers by 2019

The Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, today disclosed that N30 billion had been recovered under the Voluntary Assets and Income Declaration Scheme (VAIDS) from individuals and organizations so far. Fowler gave this hint at the unveiling of the VAIDS Declaration Certificate in Abuja. According to him, while the FIRS collected […]

Oranto, Russia’s firm to create 21 oil assets across Africa

Oranto Petroleum, Nigeria’s oil and gas exploration company, is working out a partnership agreement with Russia’s largest oil producer Rosneft to develop 21 oil assets across Africa, an Oranto official disclosed at an economic forum in St. Petersburg on Thursday. The two companies expect to sign a memorandum of understanding on Friday before the projects […]

AMCON Takeover: Assessing Arik Air’s operations one year after

One year after its take over of Arik Air, the Assets Management Company of Nigeria, AMCON, is thinking of selling what was once the Nigerian aviation sector’s blue-eyed boy. Since its take over of the company in the last one-year, things have looked up for the airline. But only slightly, says a source in AMCON […]

Unveiling the money-spinning enclave of bloggers & 101 new business ideas

Jorn Barger, the man who coined the term “weblog” 22 years ago, may never have imagined that it would become a lucrative enterprise for many. Reports indicate that the once prolific blogging pioneer now sleeps rough on the streets of San Francisco, penniless and forgotten. Whether accurate or not, the contrast Barger’s life portrays with […]