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Sep 23, 2024 | 
businessday.ng | Deborah Nze
The Nigeria Hydrological Services Agency (NIHSA) has raised concerns about rising water levels along the River Benue Basin, warning of potential widespread flooding of the area soon. Data released by the agency on Sunday revealed a steady increase in water levels, approaching the flood threshold. “Water levels recorded at key gauge stations are alarming, with Wuro Boki at 6.36 metres and Jimeta Bridge at 5.04 metres.
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Sep 6, 2024 | 
businessday.ng | Deborah Nze
The Federal Government has increased the feeding allowance for inmates at the Nigeria Correctional Service (NCos) by 50 per cent. The service spokesperson, Umar Abubakar, made the disclosure at the monthly news conference organised by the Strategic Communications Interagency Policy Committee (SCIPC). This month’s conference was hosted by the Nigeria Customs Service (NCS) on Thursday in Abuja.
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Aug 30, 2024 | 
businessday.ng | Deborah Nze |Eniola Olatunji
Thomas Etuh, the Nigerian fertiliser billionaire, a silent operator who has conquered all despite his rather humble beginnings, told his lifelong story in a recent three-part interview with BusinessDay.
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Aug 30, 2024 | 
businessday.ng | Deborah Nze |Joy Jimoh
..reports N460 billion revenues for 2023AbdulSamad Rabiu, chairman of BUA Cement on Thursday said that the company’s earlier plan to crash cement price to N3,500 (per bag) was frustrated by greedy middlemen (dealers) as well as lack of cooperation from other producers.
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Aug 29, 2024 | 
businessday.ng | Deborah Nze |Zainab ADEROUNMU
Economic activities in Nigeria’s finance and insurance sector fell by 2.41 percent in the second quarter (Q2) of this year, after rising to a 13-year high in the previous quarter. According to the latest Gross Domestic Product (GDP) report by the National Bureau of Statistics (NBS), the sector fell to 28.79 percent in the second quarter of 2024 from 31.2 percent in the first quarter of 2024.
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Aug 19, 2024 | 
businessday.ng | Deborah Nze |Olubunmi Oladejo
Hundreds of Muslim faithful gathered at the Osogbo Central Eid prayer ground on Sunday, offering a special prayer for rain as crops continue to wither across the State. The spiritual gathering led by Sheikh Musa Animashaun, the Grand Imam and Chairman of the League of Imams and Alfas, Osun State, highlighted the community’s deep concern for their agricultural livelihoods and the need for divine intervention.
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Aug 19, 2024 | 
businessday.ng | Deborah Nze |Cynthia Egboboh
The National Drugs Law Enforcement Agency (NDLEA), has arrested a Vietnam-bound businessman, Paul Mbadugha at the Nnamdi Azikiwe International Airport, (NAIA), Abuja after he tested positive to ingestion of cocaine. Femi Babafemi, the agency’s spokesperson in a statement on Sunday, said the 54-year-old suspect was intercepted at the boarding gate of the Abuja airport on August 12 during the outward clearance of Qatar Airways flight QR 1432 to Hanoi, Vietnam via Doha.
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Aug 19, 2024 | 
businessday.ng | Deborah Nze |Gbenga Sodeinde
…as first lady empowers 600 youths, womenAs part of efforts geared towards boosting the Adire, tie-and-dye local fabrics production in the State, Olayemi Oyebanji, the first lady and wife of Governor Biodun Oyebanji, is promoting an intensive training and empowerment of youths and women within Adire value chain.
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Aug 19, 2024 | 
businessday.ng | Deborah Nze |Folake Balogun |Ifeoluwa Adebayo
Thirteen manufacturers listed on the Nigerian Exchange Limited saw their production cost surge by 97 percent in the first half of 2024. The firms analysed are Dangote Cement Plc, BUA Foods Plc, Nigerian Breweries Plc, Nestle Nigeria Plc, BUA Cement Plc, Lafarge Africa Plc, Dangote Sugar Refinery Plc, International Breweries Plc, Guinness Nigeria Plc, Unilever Nigeria Plc, Cadbury Nigeria Plc, Nascon Allied Industries Plc and Champion Breweries Plc.
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Aug 19, 2024 | 
businessday.ng | Deborah Nze |Razaq Ayinla
Governor Dapo Abiodun of Ogun State has pleaded with the operatives of the Nigeria Customs Service (NCS) to be civil with market women and men following the complaints of invasion of shops and warehouses in markets across the State. The governor made the appeal while receiving Adewale Adeniyi, Comptroller General, Nigeria Customs Service (NCS) in his office, having received complaints from traders that Customs officers broke into their shops and warehouses in a bid to search for smuggled goods.
