Business

Electricity tariff hike: Fashola begs consumers

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

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

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10 years ago

By Falobi Moses The Customs Area One Command, Apapa under the leadership of Comptroller Egbudin Willy has told statkeholders at…

BoI disburses N700m loans to SMEs in Taraba

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10 years ago

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

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10 years ago

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%

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10 years ago

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

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10 years ago

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

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

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10 years ago

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

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10 years ago

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

Viber Apps announces first public chats launch in Nigeria

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10 years ago

Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its…

Facebook helps West African SMEs connect with customers

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10 years ago

Facebook hosted a roundtable with small and medium sized enterprises from Ghana and Nigeria on Tuesday as part of its…

NNPC records N267 billion loss

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10 years ago

The Nigerian National Petroleum Corporation (NNPC) has announced a loss of N267.14 billion in its activities in 2015. This is…

Ogun Customs generates N536m in January

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10 years ago

Comptroller Wanidu Multafu, the Customs Area Controller, Ogun Command of the Nigeria Customs Service (NCS), on Wednesday said that the…

Tech firm unveils online currency exchange platform

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10 years ago

CloudWare Technologies on Wednesday unveiled an innovative online currency exchange platform, ‘Sabo.ng’, as a panacea to the difficulty in accessing…

N5.2bn Aviation Scam: AGF stalls trial of Borishade, others

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10 years ago

Hearing on a suit filed by Economic and Financial Crimes Commission, EFCC, against the former Minister of Aviation, Babalola Borishade…

$3.9bn Fine: MTN hires top US attorney to challenge Nigeria

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10 years ago

MTN Group has hired a former top United States law enforcement official to help challenge a $3.9 billion fine imposed…

Ogun State honours Oba Otudeko for outstanding contributions

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10 years ago

The Chairman of Honeywell Group, Dr. Oba Otudeko, CFR, has been conferred with a special recognition award by the Ogun…

Crude oil rises after Russia agree OPEC talks

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10 years ago

Crude oil rose on Wednesday, paring earlier losses, after fresh comments from Russia about its openness to talk with OPEC…

Power generation to increase by 2000mw – Fashola

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10 years ago

Minister of Power, Works and Housing, Babatunde Raji Fashola, has expressed optimism that given the various plans under taken by…

We are ready to lend Nigeria money, says IMF

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10 years ago

The International Monetary Fund said on Tuesday it stands ready to help sub-Saharan Africa’s oil exporters cope with plunging crude…

FIRS proposes N4.96trn revenue for 2016

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10 years ago

The Federal Inland Revenue Service (FIRS) has proposed a revenue target of N4.957 trillion for 2016. Its Executive Chairman, Mr…

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