Business

Anambra ex-governor, Obi, appears before tax office in Onitsha

Former Governor of Anambra State, Mr. Peter Obi, yesterday appeared before the Onitsha Office of the Anambra State Internal Revenue Service (Tax office).

  Obi was summoned by Mrs Nwakpudolu Juliet, the Chief Tax Officer coordinating GRA Phase 2 Onitsha as a Senior Business Manager.

 Obi entered the tax office with his Media Adviser, Mr. Valentine Obienyem.

Dangote donates N.3b business school to University of Ibadan

.Promises to raise entrepreneurs for nation building

Obaseki mulls reforestation programme with PRESCO, others

Edo State Governor, Mr. Godwin Obaseki, has said that his administration is committed to a comprehensive reforestation programme through collaboration with PRESCO Nig. Plc. and similar companies in the state.

According to the governor, the reforestation programme was conceived to correct the degradation and depletion of trees in forest reserves across the state.

Dangote, Africa's richest man, targets 2020 Arsenal takeover

Aliko Dangote, Africa's richest man, has put a 2020 timeline on his goal of buying Arsenal, following a report that Alisher Usmanov is exploring a sale of his 30 percent stake.

Nigerian govt concessions Onitsha port, others to two firms

The Federal government under its agency, National Inland Waterways Authority (NIWA), has finally concessioned the Onitsha River Port in Anambra State  to two organisations and may likely commence operations before the end of 2018.

The Acting Managing Director, NIWA, Barrister  Danladi Ibrahim while addressing journalists on Monday in Lagos, stated that among the four river ports, in existence, two would be commissioned by the President before the end of the year.

Royal Dutch Shell mulls $25b share buy-back

Royal Dutch Shell is under pressure to repay its investors’ patience this week by beginning a bumper $25bn (£19bn) share buy-back plan.

Twitter appoints Okonjo-Iweala board member

A prophet has no regard in his hometown can apply to Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, who was just appointed to the board of social media giant, Twitter Inc.

  On the two Nigeria’s administrations that she served, she achieved tangible economic growths – debt forgiveness during the Olusegun Obasanjo’s era and steady economic growth at seven percent of GDP while as economic coordinator of Goodluck Jonathan’s government.

U.S. lawmakers, group carpet Lagos govt over water privatisation

.Drum support for Our Water, Our Right Coalition
By Valentine Amanze

The Our Water, Our Right Coalition has commended the 23 members of the Congressional Black Caucus (CBC) and Congressional Progressive Caucus (CPC), who wrote a solidarity letter siding with Lagos citizens in their struggle against water privatisation.

Buhari appoints ex-CBN deputy gov as FERMA boss

President Muhammadu Buhari has appointed a former Deputy Governor of the Central Bank of Nigeria, Mr. Tunde Lemo, as Chairman of the Federal Emergency Road Maintenance Agency (FERMA).

Buhari also appointed a new Managing Director and six members of the board of FERMA.

President of the Senate, Bukola Saraki, made this known as he read a letter from the President at the plenary on Thursday in which he sought legislative approval for the appointments.

Lessons from French president’s visit to Fela Kuti’s New Afrika Shrine in Nigeria

By Valentine Amanze

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