•Jonathan Oppenheimer A South African billionaire family popularly known as Oppenheimer has acquired a controlling stake in one of Nigeria’s prominent can makers, GZ. The acquisition was completed by Jonathan Oppenheimer, one of the sons of the second richest man in Africa, Nicky Oppenheimer, who reportedly secured the full control of GZ Indus...
The Nigeria Employers’ Consultative Association, NECA, and the Manufacturers Association of Nigeria, MAN, have said government agencies, ministries, departments, MDAs, have become undertakers of businesses in the country. They also lamented that rising inflation, multiplicity of taxes and threats of strike and protests, among others, have cont...
The Federal Airports Authority of Nigeria (FAAN) yesterday failed to reopen the runway 18R/36L of the Murtala Muhammed International Airport (MMIA) in Lagos, which it promised to achieve by the end of the month. This is despite the huge inconveniences the foreign airlines are going through since March 11th 2023 when the runway was shut [&helli...
Except something dramatic happens, no fewer than 94.5 Nigerians will face insufficient food consumption as the estimated 88.5 million already experiencing the pangs of hunger would be joined by six million others by the end of this month. Senior Special Assistant to the President on Agribusinesses and Productivity Enhancement (SSAP), Kingsley ...
•Adejumo Isaac A Finance and Investment Analyst, Adejumo Isaac, has made some suggestions on the short run win for the naira exchange rate This is as he called on the Tinubu-led federal government through the Central Bank of Nigeria (CBN) to declare cashless policy on forex, reports Daily Trust. This, according to the finance expert, […...
•Aduku The Chairman, Arewa Consultative Forum, (ACF), Arch Gabriel Aduku, has said that States governors should have nothing to do with the 13 percent derivation revenue accruing from oil producing states in the country. Aduku was an elected member of the General Sani Abacha’s Constitutional Conference between 1994 to 1995 where he was the cha...
•Bismarck Rewane Renowned economist, Bismarck Rewane, says Nigerians are not interested in budgetary figures if the prices of basic commodities like rice, bread, and garri don’t go down. Rewane, the Managing Director of Financial Derivatives Company Limited, made this known today during a live appearance on Channels Television today. He said, ...
The Senate President, Godswil Akpabio and the Speaker of the House of the House of Representatives, Tajudeen Abbas, yesterday, expressed concerns over the country’s high debt burden. The duo, who spoke at the at the presentation of the 2024 Appropriation Bill, by President Bola Tinubu, to a joint session of the National Assembly, said efforts ...
The Nigeria Deposit Insurance Corporation (NDIC) has paid N1.39 billion to 36,163 depositors of 110 closed microfinance banks and three primary mortgage banks. According to the CEO of NDIC, Bello Hassan, this followed the recent revocation of some MFBs and PMBs licences by the Central Bank of Nigeria (CBN), revealing that the payments of the [...
•Border post Commercial activities in border communities of Katsina, Sokoto, Borno and Zamfara states have collapsed following the decision of the Federal Government to close all the country’s borders with the Niger Republic in the wake of the military takeover of power in the Francophone country on August 3. Checks on the border communities i...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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