Business

FG subsidising petrol by N12 – PPPRA

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10 years ago

The Federal Government on Monday said it was currently subsidising Premium Motor Spirit (PMS) otherwise known as petrol at N12.62…

FG targets 7,000mw to boost electricity, says Osinbajo

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10 years ago

Vice-President Yemi Osinbajo said on Monday that the Federal Government was planning to generate 7, 000 megawatts of electricity for…

Electricity Coy records 56 cases of vandalism in Southeast

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10 years ago

The Enugu Electricity Distribution Company (EEDC) recorded 56 cases of power installation vandalism in the South East between January and…

Fidelity Bank posts N34.4bn gross earnings

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10 years ago

Fidelity Bank Plc., has posted gross earnings of N34.4 billion for the first quarter ended March 31, 2016. This was…

N12.5bn Debt: Arik owes us not FAAN, says Bi-Courtney

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10 years ago

Bi-Courtney Aviation Services Ltd (BASL), operator of the Murtala Muhammed Airport Two (MMA2), Lagos, on Sunday claimed that Arik Air…

Australian Craig Wright says he invented Bitcoin

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10 years ago

Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto. His admission ends years of speculation about…

Exploration in Chad Basin FG’s top priority – Kachikwu

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10 years ago

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) Dr Ibe Kachikwu says the commitment of the…

Transcorp ready to revive moribund gas fields – Elumelu

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10 years ago

Tony Elumelu, the Chairman, Transnational Corporation of Nigeria (Transcorp), says the company is ready to take over and revive some…

Nigeria can raise GDP through forests conservation – Expert

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10 years ago

Dr David Ladipo, the Principal Consultant, Centre for Environment, Renewable Natural Resources Management Research and Development (CENRAD), has prescribed the…

Over 600,000 Nigerians to benefit from Buhari’s tech drive – Osinbajo

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10 years ago

Vice President Prof. Yemi Osinbajo, SAN, has stated that over one hundred Nigerians will benefit from the technology and innovation…

Nigeria imports N165bn fruit juice annually – MAN

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10 years ago

Nigeria spends N165 billion annually to import fruit juice, the President of the Manufacturers’ Association of Nigeria (MAN), Dr Frank…

Diamond Bank posts N6.7bn profit in Q1

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10 years ago

Diamond Bank Plc on Friday announced a profit before tax of N6.7 billion for the first quarter ended March 31,…

4 ships laden with petrol arrive Lagos ports

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10 years ago

Four ships laden with Premium Motor Spirit (PMS) otherwise known as petrol, have arrived Lagos ports, waiting to discharge. The…

Nigeria imports N165bn fruit juice annually — MAN

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10 years ago

Nigeria spends N165 billion annually to import fruit juice, the President of the Manufacturers’ Association of Nigeria (MAN), Dr Frank…

Aero Contractor sacks over 100 contract workers

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10 years ago

Not fewer than 100 workers outsourced to Aero Contractors by Skyborne Ltd have been sacked following the airline’s decision to…

Naira depreciates further against the dollar

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10 years ago

The Naira on Friday depreciated further, exchanging at N321.5 to the dollar at the parallel market, losing N1 on Friday…

Ambode visits Buhari, lauds his economic investment drive

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10 years ago

Lagos State Governor, Mr. Akinwunmi Ambode on Friday paid a visit to President Muhammadu Buhari at the State House, Abuja,…

NNPC filling station sealed for diverting petrol

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10 years ago

The Department of Petroleum Resources (DPR) has sealed the NNPC filling station in Akamkpa Local Government Area of Cross River…

Airtel dragged to court over breach of contract

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10 years ago

Akin Kuponiyi A Lagos high court sitting in Igbosere, Lagos state, southwest Nigeria has ordered that notice of consequences of…

Lagos completes restructuring of N167.5bn bond series

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10 years ago

…LASG to reap N40bn in five years Lagos State Government on Wednesday said it had successfully completed the restructuring of…

SON impounds 10,000 substandard tyres in Kaduna

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10 years ago

The Standard Organization of Nigeria (SON) has impounded more than 10,000 used and substandard tyres in Kaduna. The tyres were…

World Bank endorses Kachikwu’s transparency initiative

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10 years ago

The World Bank has commended the Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National…

South African supermarket Pick n Pay coming to Nigeria

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10 years ago

South African supermarket operator Pick n Pay plans to expand into Nigeria next year through a partnership with a local…

Diversification: FG to tap into iron ore reserves – Osinbajo

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10 years ago

The Federal Government of Nigeria has stated that it is ready to adopt the best way to into its iron…

41 ships laden with petroleum products, foods, to arrive Lagos port

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10 years ago

Forty one ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island…

Fuel Scarcity: Kaduna Refinery begins 2m litres daily supply of PMS

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10 years ago

Alhaji Idi Mukhtar, Managing Director, Kaduna Refining and Petrochemical Company (KRPC), says the company will begin daily release of 2…

NSE market capitalisation rebounds by N20bn

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10 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday rebounded by N20 billion due to moderate gains posted…

FBN Holdings declares N505bn gross earnings

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10 years ago

FBN Holdings Plc has declared gross earnings of N505.2 billion for the financial year ended Dec. 31, 2015. The News…

FG generates N2trn through Treasury Single Account

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10 years ago

The Federal Government has generated over N2 trillion through the Treasury Single Account (TSA) since the commencement of the policy.…

Wike to approach Amaechi on completion of PH airport

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10 years ago

Rivers State Government says it will approach the federal government through the Ministry of Transportation headed by Rotimi Amaechi to…

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