Category: Business

Kogi, Ekiti, Jigawa, 10 Others Failed to Attract Investment in 2019 – NBS

Kogi, Ekiti, Sokoto, Bayelsa, Ebonyi, Gombe, Jigawa, Abia and five other state governments failed to attract investments in 2019, a report by the National Bureau of...

New NTMA President, Folorunsho Daniyan Charts Paths to Revival of Textiles Sector

By Ralph Omololu Agbana​​. Agro-economist, retired banker and politician, Chief Folorunsho Daniyan is the new President of Nigerian Textiles Manufacturers...

Kogi Communities Want FG to Suspend Dangote Coalmine Firm Over EIA Scam

Two communities in Ankpa Local Government Area of  Kogi State, Onupi and Awoakpali have called on the Federal Government to shut down a coalmine firm operating in...

FG Secures $1.46bn to Fund Completion of Ajaokuta Steel

THE Federal Government has secured $1.46 billion for the completion of work on Ajaokuta Steel, which has been moribund for decades. The Minister of Mines and Steel...

DPR Seals Off Three Fuel, Gas Stations in Kogi

The Department of Petroleum Resources (DPR), on Monday, sealed off two fuel stations and one gas station in Lokoja, the Kogi capital, for various alleged infractions. A...

Agbaja Plateau: Kogi Iron Secures Fourth Mining Lease

Australia’s Kogi Iron has been granted a fourth mining lease after an approval by the Nigerian government. This is coming as the company progresses towards a...

N29b Debt: AMCON Takes Over Omokore’s Oil Firm, Appoints Manager

The Asset Management Corporation of Nigeria (AMCON) on Monday took over Cedar Oil & Gas Exploration and Production Limited over N29 billion bad debt and appointed...

Kogi Govt seals off UBA headquarters in Lokoja Over N1b Debt

Kogi State Internal Revenue Service (KGIRS) on Friday sealed off premises of United Bank of Africa (UBA) over debt to the tune of over 1 billion naira for the period of...

Kogi Governor Inaugurates 180 Metric Tons Ultra-modern LPG Gas Plant

By Stephen Adeleye. Gov. Yahaya Bello of Kogi has inaugurated an ultra-modern 180 metric tons Liquefied petroleum gas (LPG) plant at Ganaja village along Lokoja-Ajaokuta...

SON Clamps Down on Substandard Cable Dealers in Kogi

The Standard Organisation of Nigeria (SON) has commenced the evacuation of suspected substandard and unsafe electrical cables from markets in Lokoja, Kogi state....