Local Business

The Nigerian National Petroleum Corporation (NNPC) says it will unveil the largest Liquefied Petroleum Gas (LPG) also known as cooking gas and Propane Storage and dispensing facility in Benin City.

 The family of Late Captain Romeo Itima, majority shareholder at Global West Vessel Specialists Limited (GWVSL) have expressed disappoint over what they termed as ‘the lacklustre performance’ of the incumbent Managing Director/ CEO of the company, Captain Winfred Itima.

President Muhammadu Buhari has nominated governor of the Central Bank of Nigeria (CBN), Godwin Emefiele for a second term in office.

President Muhammadu Buhari has just signed the new 30,000 minimum wage bill into law.

Innoson Motors said it would move to the headquarters of Guaranty Trust Bank in Lagos to effect the judgement of courts that awarded it an estimated N8.8billion.

Economic and Financial experts on Saturday said the postponement of the general elections by the Independent National Electoral Commission (INEC) would create uncertainty in the economy and negatively affect inflow of foreign investments.

Latest reports indicate that one person died at an early hour train derailment on Thursday at Ashade railway crossing Agege, Lagos.

Reports say seven passengers have been injured following a train accident at the Mongoro in Ikeja, Lagos.

In what may turn out to be a case of rushing to the media by the Economic and Financial Crimes Commission (EFCC) before carrying out proper investigation, the Management of Union Bank Plc has reacted to the arrest of two men by the Commission at the Enugu Airport stating that it was a legitimate and routine operation consistent with banking.

Two persons have been intercepted carrying $2.8million cash at Akanu Ibiam International Airport, Enugu.