Category: Business

You Cannot Pay Your Gateman, Driver, Apprentice Below N70,000 – Senate President

Following the new approved minimum wage, the Senate President, Godswill Akpabio, has said that business owners and private sectors must also consider the new wage their...

Providus Bank CEO Risks Jail Over Alleged Disobedience To Court Order

The Chief Executive Officer of Providus Bank Limited, Walter Akpani, faces potential imprisonment over the bank’s alleged failure to comply with a court order to...

JUST IN: CBN Increases Interest Rate

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark lending rate to 27.65 per cent. The hike in the Monetary Policy Rate was...

“I Do Not Own A Blending Plant”- NNPCL CEO Replies Dangote

Aliko Dangote, chairman of Dangote Industries Limited, alleged some personnel of the NNPCL, oil traders and terminals had opened a blending plant in Malta. I am...

Refinery: Nigeria’s House Of Reps Orders Dangote, NMDPRA, Others To Stop Media Attack

The House of Representatives has called on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), billionaire businessman Aliko Dangote, and oil...

My Friend Warned Me Against Investing In Nigeria- Dangote Cries Out

The President of Dangote Group, Aliko Dangote, has disclosed that his friend who earlier warned him against investing in Nigeria is now taunting him for ignoring his...

Busted! Hand Over Funds In Dormant Accounts, Unclaimed Dividends – CBN Orders Banks

The Central Bank of Nigeria has ordered banks and financial institutions to transfer unclaimed dividends and dormant account balances into an account controlled by the...

Dangote Cries Out Over Crude Oil Supply Crisis

Dangote Industries Limited has claimed that international oil companies (IOCs) continue to obstruct crude supply to its 650,000-barrel-capacity refinery. Despite the...

Busted! NSCDC Arrests 3 Women For Oil Theft, Vandalism

The Commandant General’s Special Intelligence Squad of the Nigeria Security and Civil Defence Corps, NSCDC, has arrested three suspects for vandalisation of oil...

Finally! Dangote Refinery To Import Shipment of Crude Oil From…

Dangote Petroleum Refinery has been scheduled to import a shipment of Brazilian crude oil. The Punch Headlines gathered that this import contributes to the substantial...