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Economy

Innoson motors opens new automated bus plant in Nnewi

November 18, 2019 Verity News Admin 0

Nigeria’s first and only indigenous auto plant, Innoson Vehicles Manufacturing Company Limited (IVM), Nnewi, on Thursday unveiled its newly built automated bus plant by the […]

N600b intervention fund causes ripples as GenCos threaten total blackout

November 18, 2019 Verity News Admin 0

Power generation companies (GenCos) have threatened to shut down their production should the Federal Government refuse to disburse N600 billion intervention to them. This may […]

NIMASA donates educational materials to schools

November 13, 2019 Verity News Admin 0

Dakuku Peterside, DG of NIMASA By Glory Oche/Perpetua Onuegbu The Nigerian Maritime Administration and Safety Agency (NIMASA) has donated educational materials to selected schools in […]

Gov. Sanwo-Olu drops ‘Your Excellency’ title

November 7, 2019 Verity News Admin 0

Gov. Sanwo-Olu drops ‘Your Excellency’ title By Florence Onuegbu The Lagos State Governor, Mr Babajide Sanwo-olu, has announced his decision to be addressed as ”Mr […]

N126bn unclaimed dividends: Reps begins investigation

November 6, 2019 Verity News Admin 0

N126bn unclaimed dividends: Reps begins investigation By Temitope Ponle The House of Representatives has directed its Committee on Capital Market and Institutions to investigate unclaimed […]

NASS: Reps investigate N126.03b unclaimed share dividends

November 6, 2019 Verity News Admin 0

The House of Representatives has directed its Committee on Capital Market and Institutions to investigate unclaimed share dividends in the capital market, valued at over […]

Gov. Sanwo-Olu drops ‘His Excellency’ title, tells Lagosians what to call him

November 6, 2019 Verity News Admin 0

The Governor of Lagos State, Babajide Sanwo-Olu, on Wednesday announced that he should no longer be addressed to as ‘His Excellency.’ In a statement the […]

2023 Presidency: Chekwas Okorie berates Igbo leader’s silence

November 4, 2019 Verity News Admin 0

Chief Chekwas Okorie, the national chairman of United Progressives Party (UPP), has lamented the positions being taken by some prominent political leaders in the South […]

$1.66bn from international donors increases power generation – TCN

November 2, 2019 Verity News 0

The Managing Director of Transmission Company of Nigeria (TCN), Alhaji Usman Mohammed, said that the 1.66 billion dollars  received from international donors increased generation capacity […]

Border closure: Our members’ jobs threathened- Union leader

November 2, 2019 Verity News 0

The National Union of Chemical Footwear Rubber Leather and Non-Metallic Products Employees (NUCFRLANMPE) has said that the recent border closure by the Federal Government was […]

Russia to Revive Ajaokuta Steel Plant

October 31, 2019 Verity News Admin 0

Russia may give a new lease of life to Nigeria’s biggest steel plant after decades of inactivity. Russian engineering and construction group MetProm will undertake […]

Access Bank completes post-merger integration

October 29, 2019 Verity News Admin 0

Access Bank Plc on Monday announced the completion of the second phase of its its integration, where it has brought together all its core banking […]

Hong Kong’s leader issues fresh recession warning

October 29, 2019 Verity News Admin 0

Hong Kong’s leader Carrie Lam said the territory is likely to record negative growth for the year as months of protests have knocked the economy. […]

Zenith tops chart as four banks record N431bn profit in nine months

October 25, 2019 Verity News Admin 0

Investors in the banking sector are set to reap higher returns at the end of the year as four leading banks have reported a combined […]

Calabar Carnival: Cross River assures tourists, residents of safety

October 20, 2019 Verity News Admin 0

Participants at Calabar carnival By George OdokThe Cross River Government has assured residents and tourists coming for the 2019 Annual Calabar Carnival of adequate security. […]

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