Dangote, Lafarge, others account for N3.48bn social expenditure — NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has named Dangote Group, Lafarge Africa Plc and First Patriots as the top three contributors to the mining industry’s social expenditure with N3.48 billion total spending. The figure, according to the NEITI’s latest Solid Minerals Audit report for December 2020, represents 94.6 percent
CBN approves DLM Capital’s acquisition of Links MfB
DLM Capital Group, a development investment bank, has received the final approval of the Central Bank of Nigeria (CBN) for its acquisition of Links Microfinance Bank. The approval, according to the bank, will further solidify the Group’s much awaited digital banking entrance and launch. This development transitions DLM Capital as
Imported vehicles: Customs slam 15% levy, clearing agents plan strike
CLEARING agents operating in the nation’s maritime sector may withdraw their services following the reintroduction of a 15 per cent National Automotive Council levy on imported used vehicles by the Nigeria Customs Service. NAC had in 2011 proposed 35 per cent duty differentials between imported fully-built units and locally assembled
Ukraine: Nokia to quit Russian market
Nokia will pull out of the Russian market, the Finnish telecoms provider said on Tuesday, a day after rival Ericsson decided to suspend its activities in the country indefinitely. Hundreds of mainly Western companies have announced the suspension of their activities or their departure from Russia since the invasion of
Airtel Nigeria unveils commercial data centre to support businesses, organisations
Leading telecommunications services provider, Airtel Nigeria, on Tuesday, April 12th in Lagos unveiled its state-of-the-art Tier 3 data centre for commercial use, declaring its mission to help provide perfect uptime and peerless security for servers it houses as well as cloud services for businesses and government establishments across the country.
Suspected Fulani herdsmen slaughter 12 persons including women and children in Benue community (Photos)
At least 12 bodies including those of women and children have so far been recovered after a suspected Fulani herdsmen attacked on Tiortyu community in Tarka Local Government Area of Benue State. Several others who sustained injuries from gunshots while fleeing the attack which occurred at about 11pm
FG declares Friday and Monday as Easter holiday
Friday and Monday have been declared as holidays by the federal government for Easter celebrations. The announcement was made on Tuesday April 12 by Minister of Interior, Rauf Aregbesola, on behalf of the federal government. Dr Shuaib Belgore, the Permanent Secretary of the ministry in a statement released on
Buhari approves establishment of polytechnics in Abia, Delta and Kano
President Muhammadu Buhari has approved the establishment of three new polytechnics in various parts of the country. The Director of Public Relations at the Federal Ministry of Education in a statement on Tuesday April 12, said the new institutions will be located in Kano, Abia and Delta states.
Lagos resident brutalises 10-year-old girl with hot knife, pepper, flees home
A10-year-old girl, Victory Oghenovo, is currently bedridden in a hospital in Lagos State after her guardian, Evidence Eseoghene, dehumanised her for taking N100 to buy snacks. It was learnt that Oghenovo worked as a POS operator at Adeba, Lakowe axis of Lekki for Eseoghene, and she took the money
Abuja-Kaduna Train Bombing: Terrorists demand release of arrested commanders in exchange for abductees
Terrorists locally known as bandits have requested the release of 16 top commanders and sponsors in government custody in exchange for the release of the over 100 individuals abducted during an attack on the Kaduna-Abuja train. The attack and abduction, which occurred on March 28, have continued to elicit