Local Business

The Federal Government has begun interrogation of those implicated in the alleged fraud that left over 65,000 Nigerian shareholders losing two billion dollars worth of shares.

Gov. Dave Umahi of Ebonyi says that there is no plan to establish Ruga settlement in any part of the South-East and South-South zones of Nigeria.

The Presidency has frowned at what it called ‘recent unhelpful comments’ regarding the plan to stop roaming of cattle herders with the attendant clashes with farmers via the establishment of ‘Ruga Settlement’ across the country.

President Muhammadu Buhari has appointed Mr Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

Officers and men of the Nigeria Police have taken over the head office of Oando PLC in Victoria Island Lagos.

After over a year of forensic audit, the Securities and Exchange Commission (SEC) has concluded investigation of Oando Plc and barred the Group Chief Executive Officer, Mr Wale Tinubu , from being a director of a public company  for five years.

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.