Business News

Governor Ajimobi invites Yinka Ayefele to his Office to resolve Fresh fm demolition crises

Governor Abiola Ajimobi has invited The Gospel Musician Yinka Ayefele to his Office to resolve the crises surrounding the demolition of the Music House belonging to the Artiste. The screenshot below tell it all  

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Oyo State Government denied involvement in demolition of Ayefele’s radio station

The Oyo State Govt has denied involving in the demolition of Yinka Ayefele’s radio station ,fresh fm. This was revealed according to Fresh Fm’s facebook handle.Read details below The Oyo State Government on Monday denied the demolition of the music house of gospel musician, Yinka Ayefele, in Ibadan. The government also expressed shock about the demolition, saying it was preparing ...

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How to make Business Easier among Commonwealth countries~Buhari

HOW TO MAKE BUSINESS EASIER AMONG COMMONWEALTH COUNTRIES – PRESIDENT BUHARI President Muhammadu Buhari has identified Trade and Investment Facilitation to generate resources for sustainable development; Ease of Doing Business and Regional Integration that expands markets with safeguards against injurious trade practices from third parties; More Inclusive Growth with the empowerment of women and the youth, as factors that are ...

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Edo to cultivate 100,000 hectares oil palm in 3 years – Obaseki

Edo State Governor, Mr. Godwin Obaseki has stated that the state government’s goal is to cultivate 100,000 hectares of oil palm plantation in the state within the next three years. The governor said this on Thursday when he members of the Plantation Owners Forum of Nigeria (POFON) visited him in Benin. He said that he intended to visit Indonesia and ...

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Buhari presents N8.61t 2018 budget to National Assembly

President Muhammadu Buhari has presented about N8.612 trillion as the 2018 Appropriation bill to a joint session of the National Assembly, saying the projected expenditure would drive rapid economic recovery. He said at the sessionon Tueday that with a benchmark of 45 dollars per barrel at an exchange rate of N305 to a dollar in 2018, the budget would consolidate ...

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Oil hits hits $62 amid tightening markets, Saudi purge

Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests. Brent futures, the international benchmark for oil prices, hit 62.44 dollars per barrel early on Monday, their highest level for years now. U.S. West Texas Intermediate (WTI) crude ...

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Rangers FC set for listing on Nigerian Stock Exchange

Rangers International Football Club of Enugu will soon be floated on the Nigerian Stock Exchange (NSE), an official of the Administrative Commission of Inquiry on Rangers confirmed on Tuesday. The move is based on the submissions mate by the commission, the Enugu State Government who will likely divest its shares and stakes in Rangers soon. About two months ago the ...

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Oil prices set to hit $70 as OPEC supply cuts tighten market

Oil prices were up early on Tuesday, supported by a tightening market due to ongoing OPEC-led efforts to cut supplies, although the prospect of rising U.S. shale output dragged. Brent crude futures, the international benchmark for oil prices, were at 60.84 dollars per barrel at 0027 GMT. Brent was 60.91 dollars on Tuesday. U.S. West Texas Intermediate (WTI) crude futures ...

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Mobil takes over ownership of Qua Iboe power plant

Mobil Producing Nigeria (MPN) Ltd., operator of NNPC, MPN Joint Venture, on Thursday said it had reached commercial terms with Qua Iboe Power Plant Limited (QIPPL) for the transfer of ownership of the Qua Iboe power project. Mr Paul Arinze, General Manager, Public and Government Affairs in a statement in Lagos, said the agreement included the supply of gas from ...

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Saudi Arabia announces plan to spend $500m on new city

Saudi Arabia just announced plans to build a $500 billion mega-city that’s 33 times the size of New York City. The plan calls for a business and industrial zone that will connect with Saudi Arabia, Jordan, and Egypt, and may lessen the kingdom’s reliance on oil exports. The Saudi Arabian government says it will build a $500 billion mega-city, with ...

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