Shola Shittu

Cybercrimes: FG Moves to Curb N78bn Annual Losses

Worried about the growing rate of cybercrimes in the country, which has resulted in about N78billion annual losses, the federal government has begun fresh moves that would help curb the menace of cyberspace activities that are beginning to unsettle...

Chevron, Mobil, Other IOCs Sack 3,000 Workers

The workforce in Nigeria’s oil industry has been depleted by 3,000 employees following the sack of personnel by firms in the industry, two oil unions have said. The mass sacks, it was gathered, resulted from the economic recession in the...

FG Appeals to Foreign Airlines Not to Suspend Operations

The Minister of State for Aviation, Mr. Hadi Sirika, wednesday appealed to Emirates, Kenya Airways and other foreign airlines which threatened recently to suspend flights from the Nnamdi Azikiwe International Airport in Abuja due to the scarcity of foreign...

FG vows to Recover N12bn BoA Loans from Farmers

As part of measures by the Federal Government towards reviving and re-capitalising the almost moribund (BoA) the Minister of Agriculture and Rural development, Chief Audu Ogbeh has said that steps are being taken to recover over N12 billion from...

FG to Spend 61% of External Borrowing on Infrastructure Projects

Details of the federal government’s $29.96 billion External Borrowing (Rolling) Plan for 2016-2018 have revealed that 61.2 per cent of the foreign loans have been earmarked for bankable infrastructure projects while social programmes in health and education, the federal...

Jaiz to list 30bn Ordinary Shares on NSE

Jaiz Bank Plc, has received the nod of its shareholders to list its shares on the floor of the Nigerian Stock Exchange. The shareholders unanimously approved the proposal by the management of the first fully-fledged non-interest Bank in Nigeria, to...
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