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Business & Economy

242 posts in this category.

Ogun Assembly Passes 2022 Budget

The Ogun State House of Assembly has passed the exact figure of N350,735,149,739.57 contained in the 2022 budget with adjustments in some recurrent and or capital estimates of about 182 agencies as presented by the State Governor, Prince Dapo Abiodun. The budget was passed sequel to the presentation of the report of the House Committee…

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How Ogun Lost $16bn Dangote Refinery To Lagos Because Of Amosun – Dapo Abiodun

Prince Dapo Abiodun, Ogun State Governor, has lamented that Ogun State lost the $16 billion Dangote Refinery to Lagos because of former Governor Senator Ibikunle Amosun’s disagreement with Aliko Dangote. The Governor spoke 23 December while delivering the Convocation Lecture at the 2nd and 3rd convocation ceremony of the Mountain Top University, Ibafo, Ogun state.…

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Ogun Moves To End Multiple Taxations

In order to improve ease of doing business and eradicate multiple taxations, the Ogun State Government said it is proposing a bill to streamline revenue collection processes. Mr. Seyi Ogunseye, the Senior Special Assistant to the Governor on Revenue Assurance, dropped this hint while addressing information officers of the State Ministry of Information and Strategy…

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Obi Cubana, Sunday Igboho, Tiwa Savage, Top 2021 Google Searches In Nigeria

Google on Wednesday released the 2021 Year in Search lists showing the most searched terms, topics and questions by Nigerians in the year 2021. It was revealed Obi Cubana, Sunday Igboho, Tiwa Savage, top 2021 Google search in Nigeria. Google’s 2021 Year in Search compiles the moments, people, topics, events, and places that capture the…

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Us Data Giant Equinix To Acquire Funke Opeke’s Mainone For ₦131.6billion

A file photo of Funke Opeke, MainOne’s Founder and CEO. A US digital infrastructure company, Equinix on Monday announced its expansion into Africa through its intended acquisition of MainOne, a leading West African data center and connectivity solutions provider, with a presence in Nigeria, Ghana, and Côte d’Ivoire. The acquisition is expected to close in…

Opic Is Self-sustaining, Doesn’t Depend On Govt – Md

Arc. Abiodun Fari-Arole, Special Adviser to the Governor of Ogun State and Managing Director of Ogun State Property Investment Corporation (OPIC), has stated that his organisation is self-sustaining and does not rely on government funds for development initiatives. Fari-Arole told an OGIS journalist in Abeokuta that the Corporation derives its own revenue through the sale…

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Gov Abiodun Presents N351bn Budget To Assembly

The Governor of Ogun State, Prince Dapo Abiodun has presented a budget estimate of N351 billion for the year 2022 to the State House of Assembly. The Governor christened the budget proposal “Budget of restoration for the building our future together; He presented the budget at a plenary presided over by the Speaker, Olakunle Oluomo,…

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Totalenergies Appoints Jean-philippe Torres As Chairman

On Wednesday, the Board of Directors of TotalEnergies announced the appointment of Jean-Philippe Torres as the chairman of the company. TotalEnergies made the disclosure in a statement on the Nigerian Exchange Limited (NGX) website, signed by Company Secretary Bunmi Popoola-Mordi and seen by PREMIUM TIMES. The newly appointed chairman is a seasoned executive with hands-on…

Sec To Sanction Companies, Registrars Over Unclaimed Dividend

The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. Director-General, Securities and Exchange Commission (SEC) Mr Lamido Yuguda stated this at the 10th annual conference of the Institute of Capital Market Registrar’s (ICMR) with the theme ‘Reinventing the Nigerian Capital Market…