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Oteh seeking second term bid as as chairperson of regional securities committee

The Director General of the Security and Exchange Commission (SEC), Arunma Oteh on Monday express interest in pursuing a second term bid for the position of Chairperson of the Africa/Middle East...

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Jonathan cuts costs, reduces feeding budget by N90 million and reverses...

President Goodluck JonathanPresident Goodluck Jonathan is cutting costs. The Premium Times reported that the Nigerian President is skimming N90 million of the controversial N947 million feeding budget...

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FG to ban importation of foreign goods already produced in Nigeria

The Federal Government is set to ban the importation of foreign goods that are also produced in Nigeria, a recent report said. The Minister of Trade and Investment, Mr. Olusegun Aganga, said in a...

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Free to pin! Pintrest announces open registration

Popular social site Pinterest has said interested users no longer need an invite. The site, which launched in 2010, announced its new open registration policy on Wednesday “We’re really excited to have...

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Nigeria’s Cabinet agrees on total 2013 budget – Reuters

Nigeria’s Cabinet has agreed to increase spending by 5% but reduce the deficit in next year’s budget to be sent to Parliament for approval in August. Cabinet agreed total 2013 budget spending of...

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Oil companies at risk as CBN shuts down further credit

Companies that have been cut off from the Central Bank of Nigeria’a line of credit might be in danger of going under, reports have said. The Vanguard reported that some 20 oil companies face...

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17 counterintuitive things the most successful people do – Jason Nazar

Jason Nazar/Forbes Contributor - You’re always going to get the same results, doing what everyone else does. Sometimes you have to know when to zig where others zag. These are some of the...

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ALERT: First Bank shutting operations nationwide from Thursday to Monday

Heads up First Bank customers, the bank has announced that it will be shutting down operations nationwide from Thursday to Monday. According to the Punch, the bank explained that the temporary shut...

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Dolce & Gabbana sentenced to 20 months in jail for tax evasion

Powerhouse designers, Domenico Dolce and Stefano Gabbana, were given a suspended jail sentence of one year and eight months for hiding hundreds of millions in tax euros, Channel 4 News reports. The...

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South Africa retailer Woolworths to pull out of Nigeria

South African retailer Woolworths announced on Wednesday that it would be closing up shop in Nigeria, according to Reuters. “The Nigerian business was unable to sustain a compelling product and value...

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