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Business

Okowa backs establishment of Modular Refineries

Okafor Ofiebor/Port Harcourt Governor Ifeanyi Okowa of Delta State has said the establishment of Modular Refineries will not only create…

N/Delta: Chevron, IITA partner to train 40 youths in agriculture

Chevron Nigeria Limited (CNL)and International Institute of Tropical Agriculture (IITA) Ibadan, had concluded arrangement to train 40 youths from the…

Germany signals interest in Nigeria Liquefied Natural Gas

Nigeria’s quest to expand its Liquefied Natural Gas (LNG) market into Europe received a major boost on Thursday as a…

57 million Nigerians now have access to financial services-CBN

The Bankers Committee of the Central Bank of Nigeria (CBN) on Thursday said 57 million Nigerians, which represents 66 per…

Nigerians laud Astymin as more winners emerge in promo

As more winners emerge every day in the Astymin Get Alert Promo, ceaseless accolades have begun to trail the brand…
Police dock two employees of FoodCo in Ibadan for allegedly stealing two loaves of bread worth N2,600 from their employer.

Bakers to raise price of bread in Kogi

Kogi Union of Bakers says it will increase the price of bread in the State in line with current cost…

Cabal of Corruption in Buhari’s oil ministry, Kaduna IPMAN alleges

Femi Adi/Kaduna There is a cabal of corruption working at the Nigerian National Petroleum Corporation and its affiliate, Petroleum Product…

Bizman sues Nwankwo Kanu for N1bn over wrongful prosecution

Henry Ojelu A businessman and a lawyer, Ayoola Gam-Ikon, has urged a Lagos State High Court in Ikeja to order…

Obasanjo lauds BAT Nigeria’s role in economic development

Funsho Arogundade Former President Olusegun Obasanjo has praised the private sector for their positive roles in economic development and jobs…

MTN Nigeria picks Gemalto for GSMA Mobile Connect authentication service

Gemalto, the world leader in digital security, has been selected to provide its LinqUs Mobile ID platform to MTN Nigeria.…

FG admits errors in 2016 budget, perpetrators face punishment

Ayorinde Oluokun/Abuja Nigeria’s Ministry of Budget and National Planning on Tuesday said the errors in the 2016 Budget were due…

Oil benchmark to stabilise by April – NNPC

The Nigerian National Petroleum Corporation (NNPC), said 38 dollars per barrel oil benchmark is feasible by April as projections suggest…

Electricity tariff hike: Fashola begs consumers

Minister of Power, Works and Housing, Mr Babatunde Fashola SAN, Monday chaired the Second Monthly Meeting of the Power Sector…

NASS plans new Petroleum Industry bill

The Speaker, House of Representatives, Mr Yakubu Dogara, says National Assembly (NASS) is working on its own version of Petroleum…

Electricity tariff hike, electricity slavery, says Edo NLC

Jethro Ibileke/Benin Members of the organised labour in Benin Monday described the 45 per cent electricity tariff increase as “electricity…

New Tariff: Labour pickets Ikeja Electric

Kazeem Ugbodaga Members of the organised labour Monday picketed the Ikeja Electric, IE, one of the Electricity Distribution Companies, DISCOs,…

Saraki’s henchman sues EFCC to prevent arrest

Akin Kuponiyi In a bid to forestall his arrest and detention, Dr Kennedy Izuagbe, the managing director of Carlisle Properties…

UAD condemns 45% hike in electricity tariff

The United Action for Democracy has condemned the 45% hike in electricity tariff which commenced on February 1. UAD described…

Nigeria doesn’t need World Bank, ADB loans— Falana

Human rights lawyer, Mr Femi Falana (SAN) says Nigeria does not need any loan from the World Bank or African…

Payment for trolleys at Nigerian airports to stop soon, says minister

Senator Hadi Sirika, Minister of state for aviation has given an assurance to Nigerians that payment for the use of…

Minister Sirika: Nigeria serious about a new national carrier

Nigeria’s Minister of State for Aviation, Sen. Hadi Sirika, has assured that government would soon start implementation of recommendations on…

Don’t sack workers, FG begs oil companies

Following alleged plan by major oil companies to lay off 10,000 workers due to the dwindling price of crude in…

Freight Forwarders want SON back at seaports

The founder of National Association of Government Approved Freight Forwarders (NAGAFF), Dr Boniface Aniebonam has advocated for the return of…

Apapa Customs Area 1 Command generates N23.4bn

By Falobi Moses The Customs Area One Command, Apapa under the leadership of Comptroller Egbudin Willy has told statkeholders at…
EFCC nabs ex-Taraba Governor Darius Ishaku over N27bn fraud allegation

BoI disburses N700m loans to SMEs in Taraba

The Bank of Industry (BoI) has disbursed N700 million in loans under its Micro, Small, Medium Enterprises Development Fund to…

16m people visit Facebook in Nigeria monthly

Facebook has announced 16 million people in Nigeria visit it every month with 100% of them coming on mobile. Each…

Nigeria’s economy to grow by 3.78%

Nigeria’s economy, reeling from the drop in oil prices, is expected to grow by 3.78 percent this year, up from…

TUC blasts Fashola over increase in electricity tariff

Eromosele Ebhomele The Nigerian Minister of Power, Works and Housing, Mr. Babatunde Fashola has incurred the wrath of the country’s…
Market Capitalisation

NSE moves 2.64bn shares worth N3.74bn in bear trading

Investors’ at the Nigerian Stock Exchange (NSE) on Thursday staked N3.74 billion on 2.64 billion shares exchanged in 3,057 deals.…

FAAN battles Arik Airline over unpaid N11.2bn debt

Akin Kuponiyi A Federal high court sitting in Lagos, Southwest Nigeria, has adjourned till 10 February a N11.2 billion and…
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