Two men – Tunde Okunuga, 33, and John Solomon, 19 – on Thursday appeared before an Iyaganku Magistrate’s Court, Ibadan, for allegedly damaging a glass door of the Shoprite on Ring Road, Ibadan. The defendants, whose residential addresses were not provided, are facing charges of conspiracy, malicious damage and perjury. They, however, pleaded not guilty […]
The 2022 annual report of Mercedes-Benz Group AG, published on Friday, showed a modest increase in the German carmaker’s unit sales and profitability. Last year, Mercedes sold 2.45 million vehicles, against 2.32 million vehicles in 2021. The company’s EBIT (earnings before interest and taxes) rose by 28 per cent year-on-year to $21.8 billion (20.5 billion […]
The Federal Government has supported 280 export-oriented businesses with grants, resulting in the creation of 100,000 direct jobs. Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo said this while featuring on President Muhammadu Buhari’s administration scorecard programme series on Tuesday in Abuja. The Federal Ministry of Information and Culture organised the programme. Adebayo said […]
Eighteen ships, carrying petroleum products are waiting to berth in Lagos ports are carrying petroleum products. The Nigeria Port Authority (NPA) announced this in its daily publication, “Shipping Position” for Thursday. It is hoped that lingering petrol scarcity across the country may soon abate as the ships discharge the products. NPA said some of the […]
Vice President Yemi Osinbajo says investment in technology is the way of the future as it holds prospects for national development. Osinbajo made the remarks when he received delegation of Odu’a Investment Company at the Presidential Villa, on Tuesday in Abuja. The Group Chairman of the conglomerate, Bimbo Ashiru, led the delegation. The vice president […]
By Our Correspondent The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has supported 90 entrepreneurs in the Federal Capital Territory (FCT) with equipment to promote youth engagement in productive ventures. The Director-General of SMEDAN, Mr Olawale Fasanya, announced this at the closing ceremony of a four-day National Skills Development Initiative (NBSDI) held at […]
Dr Segun Agbaje, the Chief Executive Officer (CEO) of Guaranty Trust Holding Company (GTCO) Lagos, has advocated for inclusive digitalisation among graduates, to help equip them with the required technological drive to reduce unemployment. Agbaje said this on the sideline of the Redeemers University’s 14th Convocation Lecture on Wednesday in Ede, Osun. He also said […]
A political support group, Nigerian Business Communities (NBC) for PDP Presidential Candidate, Alhaji Atiku Abubakar and his running mate, Dr Ifeanyi Okowa, has pledged it would begin to mobilise voters for the former vice president in the South West. The group made the pledge after its zonal meeting on Tuesday in Lagos. The convener […]
Budget of Fiscal Consolidation and Transition Delivered By: His Excellency, President Muhammadu Buhari, President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja. Friday, 7TH October 2022 PROTOCOLS: I am very pleased to be here today to present the 2023 Budget Proposals at this Joint Session of the National Assembly. This […]
President Muhammadu Buhari, on Friday in Abuja, presented the 2023 budget proposal of N20.5 trillion to a joint session of the National Assembly (NASS). Buhari, accompanied by Vice-President Yemi Osinbajo and other members of the Federal Executive Council addressed the joint session of NASS at about 10.05 a.m. to unveil the 2023 fiscal year. […]