Local Business

The Lagos State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to cripple the operations of at least 900 filling stations in the state in December.

The President, African Development Bank Group, Dr. Akinwumi Adesina, has launched the Presidential Youth Advisory Group, an initiative that will create 25 million jobs.

Court papers in Lagos Nigeria have revealed in graphic details how oil businessmen, Kolawole Akanni Aluko and Jide Omokore allegedly laundered the $1.7 billion creamed off the questionable oil swap transactions between them and the NNPC, during the tenure of Diezani Alison-Madueke.

Nigeria’s Yuonov Frederick Agah has been reappointed as Deputy Director-General of the World Trade Organisation (WTO) for another four-year term.

As part of efforts to improve the productivity of Maize and Soy farmers in a replicable manner in Nigeria, West African Soy Industries Limited (WASIL) has signed a memorandum of understanding with Business Innovation Facility (BIF). WASIL is a member of WACOT/TGI Group.

The Lagos State Chamber of Commerce and Industry, LCCI has lauded federal government’s effort in changing the way business and operations are conducted in the country moving forward.

The newly built WACOT Rice Mill in Argungu, Kebbi State will create 3,500 jobs and produce 120,000 metric tonnes of top-quality rice annually. The rice mill is part of WACOT’s expansion plan, which targets an increase in its rice milling capacity to 500,000 metric tonnes in the next years.

Nigerians in the Niger Delta deserve a fair deal, according to the Vice President Yemi Osinbajo, SAN, who outlined the vision of the Buhari administration and why it would depart from past leadership and governance failures in the region.

Immediate Past President Goodluck Jonathan has refuted media insinuations that he received kickbacks as part of a $1.3 billion OPL 245 oil block deal involving oil giants ENI and Shell.

MMM Founder, Sergey Mavrodi has allegedly written an open letter to the Federal Government of Nigeria explaining the benefits of the scheme.