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Business

MTN ‘Extremely Sorry’ Over Network Outage

NCC confirms MTN has paid $250m

Nigeria’s communications commission said on Monday South African cellphone network operator MTN has paid $250 million towards a possible settlement…

Why naira weakened against the dollar

Alhaji Aminu Gwadabe, President, Association of Bureau de Change Operators in Nigeria, said unauthroised persons posing as Bureau de Change…

#NoBankingDay: Nigerian bank customers protest charges

Hour to the planned boycott of the Nigerian banks on 1 March, the National President, Constance Shareholders Association of Nigeria…

IPMAN threatens shut down after DPR harrassment

The Enugu Zone of the Independent Petroleum Marketers Association (IPMAN) has threatened to shut down operations in Anambra and Enugu…

NNPC, Oil Marketers join forces to end emerging fuel queues

The Nigerian National Petroleum Corporation, NNPC, has stepped up collaboration with the Major Oil Marketers Association of Nigeria, MOMAN and…

Clearing agent arrested for diverting client’s 2 containers, SUV

Cyriacus Izuekwe Police detectives at Federal Criminal Investigation Department, FCID, Alagbon, have arrested a clearing agent for allegedly diverting his…

Buhari assures Qatari businessmen of conducive climate

President Muhammadu Buhari has assured the business community in Qatar that Nigeria would remove any impediment that can hinder investment…

NDDC to host confab on illegal oil bunkering, vandalism

Okafor Ofiebor/Port Harcourt Traditional rulers under the aegis of Traditional Rulers of Oil Mineral Producing Communities, TROMPCON, are partnering with…

GTB files bankruptcy suit against Kola Aluko

Akin Kuponiyi A federal high court sitting in Lagos, Southwest Nigeria has adjourned till 15 April 2016, a bankruptcy suit…

NNPC takes delivery of four fuel cargoes

The Nigerian National Petroleum Corporation (NNPC) has assured of sufficient supply of premium motor spirit (petrol) as it has taken…

OPEC members must cooperate to stabilise market – Buhari

President Muhammadu Buhari on Sunday in Doha emphasised the need for member states of Organisation of Petroleum Exporting Countries (OPEC)…

Osinbajo, Sanusi disagree over devaluation of naira

o The Vice President, Prof. Yomi Osinbajo, on Saturday reaffirmed the position of the Federal Government that the country’s currency…

Why there’s power blackout in Lagos – Eko DISCO

The management of EKo Electricity Distribution Plc. (EKEDP) said that the power supply instability within its network was due to…

Meet Buhari’s economic adviser

Who advises President Muhammadu Buhari on the economy? Who and who make up the economic team? The Daily Trust newspaper…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira depreciates against the dollar

ra The naira on Friday depreciated against the dollar at the parallel market closing at N320. The naira lost N10…

P+ Measurement Services appoints lead consultant

In a bid to further its capacity in creating authentic and pioneering media measurement standards for brands and agencies in…
Patrick Akpobolokemi

N3.7bn NIMASA fraud: AGF didn’t approve ISPS accounts -Witness ‬

‬ Akin Kuponiyi ‪ An Assistant Director with Nigerian Maritime Safety and Administration Agency, NIMASA, Mrs. Olamide Odusanya, made a…

Skye Bank, experts chart way forward for SMES

Financial experts have identified lack of knowledge among operators of micro, small and medium enterprises (MSMEs) in the country as…

Aisha Buhari unveils LNG vessel in South Korea

Wife of Nigeria’s president, Mrs Aisha Muhammadu Buhari has unveiled a new vessel of the Nigeria Liquified Natural Gas company…

Why we sacked 50 senior staff – Ecobank

Ecobank Nigeria on Thursday said that the recent reorganisation that affected some senior staff was designed to strengthen the bank’s…

We’re building an investment friendly environment – Udoma

udd The Budget and National Planning Minister, Senator Udoma Udo Udoma has reiterated Federal Government’s determination to support the private…

LCCI partners Caritas for 2016 Industry Awards

The Lagos Chamber of Commerce & Industry (LCCI) has partnered with Caritas Communications Limited for the 2016 edition of the…

Ecobank repositions for improved efficiency

The recent re-alignment that affected some senior staff at Ecobank Nigeria was in furtherance of a market repositioning exercise designed…

Customs Chief inspects ECOWAS/EU project at Seme border

Jeff Ezemadu The Controller of Nigeria Customs Service, Seme Command, Victor Dimka, has inspected the on-going project by the Economic…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira strenghtens against the dollar

Nigeria’s naira firmed sharply on the parallel market on Wednesday as retail traders, having anticipated a cut in its official…

NAMA denies leadership tussle

The Nigerian Airspace Management Agency (NAMA) says there is no power tussle in the agency over the position of Acting…

Airtel introduces Smart Number service

Airtel has introduced ‘Smart Number’ service that allows customers to use additional line/ number on their original Airtel SIM card,…

Ecobank announces promotion of high performing staff

The management of Ecobank Nigeria Limited has announced the recent promotion of at least 300 top performing staff. The promotion…

NCC Fine: MTN to settle out of court, pays $250m

South African mobile phone operator MTN Group withdrew its lawsuit against Nigeria’s regulator over a $3.9 billion fine and paid…

IMF calls on Buhari to lift forex restrictions

The International Monetary Fund (IMF) called on Wednesday for Nigeria to lift foreign exchange curbs and let the naira reflect…
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