Textiles was my biggest business mistake — Dangote
By Juliet Umeh President of Dangote Group, Aliko Dangote, has described his investment in the textile industry as the biggest business mistake of his decades in business. Dangote made the disclosure in an interview with Arise Television, where he reflected on some of the challenges he encountered while building his business empire. “My biggest business […]
Reps move to strip VP, govs, dep govs of their immunity
The House of Representatives yesterday passed through a second reading, a bill seeking the retention of immunity for the office of the President and the removal of same from the vice president, governors and deputy governors.
26,000 children held in prisons – FG
By Omeiza Ajayi ABUJA: The Federal Government has expressed concern over the presence of about 26,000 children in custodial centres, describing it as a violation of laws requiring their placement in borstal institutions. Director, Press and Public Relations in the Ministry of Interior, Mr Ozoya Imohimi in a Statement issued Wednesday in Abuja said the […]
MTN, Airtel sign deal on infrastructure sharing in Nigeria, Uganda
The deal is borne out of the desire to extend digital and financial inclusion across Africa, a statement dated March 25 on MTN’s website said.
Bid to bomb another pipeline in Rivers foiled — Police, Army, Navy, Air Force, others
Men of the Nigerian Police Force, their counterparts in the Nigeria Army, Navy, Air Force and other security agencies, said yesterday they foiled an attempt to blow up another pipeline in Rivers State.
Naira appreciates N1,575/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1, 575 per dollar in the parallel market from N1,585 per dollar on Monday. But the Naira depreciated to N1,535 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira […]
