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Business

Economic crisis not doom for Nigeria – Dangote

Henry Ojelu Africa’s richest man, Aliko Dangote has said that the current world economic crisis caused by falling oil prices…

African Industries increases its investment in Nigeria

African Industries, a diverse West African multinational company with over 4,000 employees in more than 10 countries worldwide has expanded…

Nigeria’s investor proposes N15trn Collateral Bank

Kazeem Ugbodaga Nigeria’s infrastruture development financier and Group Managing Director of CFL Group of Companies, Lai Omotola, has written to…
Real reason for fuel scarcity in Abuja, other northern states

Fuel Scarcity: NNPC apologizes to Nigerians

Nigeria National Petroleum Corporation (NNPC) has apologized to Nigerians for the lingering fuel scarcity that has resulted in long queues…

The Economist’s Nigeria Summit begins today

Henry Ojelu The much anticipated Nigeria Summit organized by the events’ arm of the foremost international socio economic news magazine,…

NNPC pays N85bn into Federation Account

The Nigerian National Petroleum Corporation (NNPC) says it has paid N85.96 billion into the Federation Account for January 2016. This…

NNPC says fuel queues over with ‘One Cargo per Day’

The Nigerian National Petroleum Corporation, NNPC over the weekend stepped up measures designed to eliminate the challenges experienced by members…

PPMC takes extra measures to end fuel queues

In response to the current fuel scarcity situation, the management of PPMC in line with the honourable minister of state…

Dangote Sugar obtains global food safety certification

Dangote Sugar Refinery (DSR) has obtained the Food Safety Systems (FSSC 22000) Certification. This was contained in a statement issued…

NCAA lifts suspension on Bristow Helicopter

A Bristow Helicopter[/captionw The Nigerian Civil Aviation Authority (NCAA) has lifted the temporary suspension on the operation of the Bristow…

Amaechi has restored credibility of freight forwarding – Olanrewaju

A former Chairman, Governing Council of Council for Regulation of Freight Forwarding in Nigeria (CRFFN), Alhaji Hakeem Olanrewaju, said the…
MTN ‘Extremely Sorry’ Over Network Outage

MTN blames Nigeria fine as profits down 37%

African telecommunications giant MTN says profits fell 37 per cent in 2015 largely because of a hefty fine imposed by…

Dangote, Kaduna State, others acquire Peugeot – El Rufai

Governor Nasir El-Rufa’i of Kaduna state on Friday said that the state government, Bank of Industry, business tycoon Aliko Dangote…

On Time International to create 1 million African public service jobs

On Time International has announced an upcoming tour in West Africa in order to present the company’s expertise in managing…

Nigeria’s earning on non-oil export to hit $25bn by 2025 – NEPC

Jethro Ibileke/Benin The Nigeria Export Promotion Council (NEPC), said it has developed a ‘zero oil’ plan that would increase Nigeria’s…

Nigeria: 35% of budget to be spent on debt servicing

Nigeria expects to spend 35 percent of its federal government revenues servicing debt this year, up from 26 percent last…

FG to split NNPC into 30 companies

The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe…

Bank manager arrested over N20m fraud

Cyriacus Izuekwe A 54-year old Micro Finance Bank manager, Samson Adeyemi, has been arrested and charged before a Magistrates’ court…

Truck operators disrupt port activities over NPA’s N10, 000 levy

The Coalition of Port Dry Cargo Transport Operators on Thursday disrupted activities at the Lagos Port Complex over the proposed…

Copyright Infringement: MTN loses bid to stop trial

A Federal High Court, Abuja, on Thursday held that MTN Nigeria and its Chief Executive Officer, Ferdi Moolman, must face…

FIRS v Insurance Firms: Tax tribunal adjourns till May 9

The Tax Appeal Tribunal in Abuja has adjourned till May 9 to enable the insurance companies study and react to…

ExxonMobil boss wants to acquire other oil companies

ExxonMobil hopes to take advantage of the oil price crash to acquire other petroleum companies, but will wait for the…

Demuren faults Nigeria, Qatar air services pact

demuren A former Director-General of the Nigeria Civil Aviation Authority (NCAA), Dr Harold Demuren, has faulted the recent Bilateral Air…

Asaba International Airport to be closed temporarily–Okowa

Gov. Ifeanyi Okowa of Delta said on Wednesday that the Asaba International Airport would be closed down temporarily, when work…

Buhari to resolve MTN fine crisis – Shittu

Nigeria will start new talks with South African mobile phone operator MTN “very soon” to settle a dispute over a…

Dangote Cement posts N181.3bn profit, declares N8 dividend

Dangote Cement Plc has declared a Profit After Tax of N181.3 billion for the financial year ended December 31, 2015.…

UBA plc appoints Uzoka as Group MD/CEO

The Board of United Bank for Africa Plc said it has appointed a new group managing director and CEO. He…
Tinubu

Globacom bags social media award

Nigeria’s indigenous telecommunication outfit, Globacom has bagged the City People Social Media award for engaging it subscribers actively on multiple…

Ogoni Oil Spill: UNDP promises to support FG on speedy clean-up

The UN Development Programme (UNDP) says it will support the Federal Government in ensuring that clean-up of oil spills in…

NAFDAC bans foreign unscreened beans

Funsho Balogun The acting Director General of the National Agency for Food and Drug Administration and Control, NAFDAC, Yetunde Oni…
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