Business

MTN blames Nigeria fine as profits down 37%

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

Globacom bags social media award

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10 years ago

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

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10 years ago

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

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10 years ago

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

NCC confirms MTN has paid $250m

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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