As pressure continues to mount for the return of former President Goodluck Jonathan, Nigerians are currently divided over whether he should return or not. Only recently, the People’s Democratic Party (PDP) presidential aspirant and Governor of Bauchi S…
Naira gains after Emefiele insists on managed float FX regime
Nigeria’s currency on Friday gained 0.28 percent against the dollar at the official market, a day after Godwin Emefiele, governor of the Central Bank of Nigeria insisted on a managed float exchange rate regime. After trading on Friday the dollar was qu…
Chinelo, doctor slain in Kaduna train attack, laid to rest
“What shall we say to these things?” was the theme of the charge given Thursday at the funeral of Chinelo Megafu by Reverend Israel Kristilere, Pastor of the Shepherdhill Church, Obanikoro, the venue of the funeral service. Twenty-nine-year-old Chinelo…
Odunewu, Raimi, Ebi join Seplat board from May 18
The Board of Directors of Seplat Energy Plc on Friday April 22 announced the appointment of Bashirat Odunewu as an Independent Non-Executive Director (INED) of the Company, Kazeem Raimi as a Non-Executive Director and Ernest Ebi as a Non-Executive Dire…
Remove subsidy, deregulate economy for Nigeria’s prosperity – CIBN
Dr Bayo Olugbemi, president, Chartered Institute of Bankers of Nigeria (CIBN), has urged the federal government to totally remove subsidies and fully deregulate the economy in the long run to ensure Nigeria’s prosperity. Olugbemi, who is also Chairman …
Sundry Foods upscales business, opens outlets in Lagos, Abuja, and Port Harcourt
Sundry Foods Limited (SFL), an integrated food service company in Nigeria and owners of the Kilimanjaro Restaurant chain, says it has officially opened five new outlets in Lagos, Abuja and Port Harcourt. Mokwunye Nduka, head, Marketing, Sundry Foods Li…
2023: Aisha Buhari invites Osinbajo, other presidential aspirants for dinner
Aisha Buhari, wife of President Muhammadu Buhari, and the first lady of Nigeria has invited presidential aspirants to an Iftar dinner at the Presidential Villa on Saturday. The invitation was extended to all presidential candidates from all political p…
14.5 million Nigerians facing acute food insecurity – UNICEF
At least 14.5 million Nigerians are facing acute food insecurity, largely due to persisting insecurity and the devastating impact of the COVID-19 pandemic, the United Nations Children’s Fund (UNICEF) disclosed on Thursday. Nkeiru Enwelum, Nutrition off…
Okoko Cosmétiques expands to Nigeria’s $1.2bn beauty market
Okoko Cosmétiques, an eco-luxury clean beauty brand based in Vancouver, Canada, has expanded into Nigeria. The cosmetics brand, which is formulated with botanicals and potent actives to address frustrating skin problems and deliver results to thousands…
Flight diversion during poor weather is a safety measure – Air Peace
In response to BusinessDay’s story about Air Peace Asaba-Abuja flight, Air Peace has said the practice of diverting flights as a result of poor weather is a safety measure that happens all over the world. Stanley Olisa, spokesperson for Air Peace said …