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Business

Egbin Power Station:

FG owes Egbin Power Station N86bn

Mr Dallas Peavey, the Chief Executive Officer, Egbin Power Plc, has said that the company is highly constrained by more…

Ram sellers in Kafanchan record low patronage

With the Eid-el-Kabir celebration barely two days away, sellers of ram in Kafanchan, Kaduna state said they recorded low patronage.…

Labour suspends strike in Nasarawa

Labour leaders in Nasarawa State have suspended their two months old industrial action over the state government’s decision to review…

Passenger train derails, killing 4 and injuring 47

A passenger train derailed Friday in Spain’s northwestern Galicia region, killing four people and injuring 47 others who were taken…

Passengers warned not to use Samsung Galaxy Note 7 on planes

Air travellers are being warned not to use their Samsung Galaxy Note 7 smartphones on planes after the company recalled…

Police rescue 2 kidnapped Chinese nationals in Ogun

The police in Ogun said they have rescued two Chinese nationals kidnapped on Sept. 1, at Odeda in Odeda Local…
Herbert Wigwe

Access Bank wins CIBN’s best Academy Award

Access Bank School of Banking Excellence has won the Chartered Institute of Bankers of Nigeria (CIBN) Award for the Best…

How ex-oil minister Dan Etete siphoned $1 billion Nigeria oil money

Even by Nigerian standards, the alleged siphoning off of $1 billion (£750 million) from a $1.3 billion international investment in…

ntel announces compatibility with Samsung Galaxy S7 and S7 Edge

Nigeria’s most advanced 4G/LTE broadband operator has announced its network’s compatibility with two high-quality devices, the Samsung Galaxy S7 and…

Ambode donates land to German firm investing $75 million in Lagos

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday demonstrated his commitment to attract foreign investors into the State by approving…

Ambode clarifies N500 billion bond approved by Assembly

Kazeem Ugbodaga Lagos State Governor, Mr. Akinwunmi Ambode has clarified the N500bn Bond Programme approved by the State House of…

No plan to increase fuel price – Petroleum Stakeholders

Major stakeholders in the petroleum downstream sub-sector have dismissed the report of an imminent increase in the price of fuel.…

FG dismisses report on importation of ‘poisonous’ rice

The Federal Government on Wednesday in Abuja dismissed social media reports linking it and Dangote group with a plan to…

Eid-el-Kabir: Prices of rams soar in Kano -Survey

Barely five days to the Eid-el-Kabir celebration, prices of rams have risen by about 40 per cent in Kano. A…

Multi-million Naira digital board goes live on 3rd Mainland Bridge

Mediaviews/LASACO multi Million digital Billboard along 3rd mainland bridge at Oworonsoki has commenced full operation. One of the highest advertising…

NCC seals Nokia office for illegal operation

The Nigerian Communications Commission (NCC) on Wednesday sealed the office of Nokia-Alcatel located in Lekki, Lagos for operating without license.…

Eid-el-Kabir: FG declares Monday, Tuesday public holidays

The Federal Government has declared Monday and Tuesday, Sept. 12 and Sept.13 as public holidays to mark the Eid-el-Kabir. The…

Family friends, sympathisers pay condolence visit to Ibru`s family

Family friends of late businessman, Mr Michael Ibru and other sympathisers on Wednesday visited the family of the deceased at…

Lagos begins demolition of illegal structures in Ikoyi next week

Kazeem Ugbodaga The Special Committee on Clean-up of Ikoyi, Lekki, and Victoria Island inaugurated by the State Governor, Mr Akinwunmi…

Life and time of Olorogun Michael Ibru

Several Nigerians and the business world have mourned the demise of Olorogun Michael Ibru who died on Tuesday at the…

Customs impound N250.4m contraband goods

The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’ Ikeja, Lagos, intercepted contraband with a Duty Paid Value (DPV) of…

Pastor in Kirikiri Prison for duping 499 women of N3.59 million

Yusuf Muhammed A 46-year old Pastor, Archie Good Morrow has been sent to Kirikiri Prison in Lagos, Southwest Nigeria for…

Cross River set to float airline

Cross River State governor, Ben Ayade on Monday said that the state government is to float an airline, to be…

Fuel price hike will increase hardship on Nigerians – Senate

The Chairman, Senate Committee on Media and Publicity, Sen. Sabi Abdullahi, says that increasing fuel pump price beyond 145 Naira…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira gains marginally at the interbank market

The Naira on Monday appreciated marginally at the interbank market, gaining N0.57 against the dollar. The Nigerian currency closed at…

No plan to increase prices of petroleum products – Minister, NNPC

The Minister of State for Petroleum, Dr Ibe Kachikwu on Monday refuted media reports of possible increase in the prices…

Kidnapping: NUPENG seeks protection for oil workers

The National Union of Petroleum and Natural Gas Workers (NUPENG) has urged the Federal Government to give adequate protection to…

Lagos unveils another multiple Lay-by to decongest traffic

Kazeem Ugbodaga The Lagos State Government has unveiled another multiple lay-by at Car Wash bus stop, Iyana-Oworonshoki area of Lagos,…

Nigeria’s economy in shamble-UN

The United Nations in its recent report on Nigeria says the nation’s economy is in shamble. The report read during…

Register your hotels or face sanctions, LASG tells operators

The Lagos State Government (LASG) has advised operators of hotels, hospitality centres and other recreational facilities to register them or…
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