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$8bn dividends: Senate gives NLNG 1 week to provide evidence of payments

The Senate on Thursday gave Nigeria Liquefied Natural Gas Limited (NLNG) one week to provide evidence of payment of taxes…
Godwin Emefiele, CBN Governo

N50 Stamp Duty: CBN exempts salary accounts, self-to-self transactions

Payments of salaries and wages as well as payments and deposits for self-to-self transactions whether inter or intra bank are…

MultiChoice donates 10 digital resource centres to Enugu State

MultiChoice Nigeria, leading provider of video entertainment services, has once again reiterated its commitment to enhancing education in the country…

Microfinance bank rewards customers

It was pay back time for customers of Bosak Microfinance Bank Limited, as its second Beta Life Saving Promo was…

FG targets N394bn from non-oil export in 2016

The Federal Government is targeting to earn an additional two billion dollars (N394 billion) from non oil exports within the…

IMF to recruit managing director

International Monetary Fund (IMF), says it has opened selection process for its top job and will begin accepting nominations on…
MTN ‘Extremely Sorry’ Over Network Outage

We are not owing Cameroon govt taxes – MTN

South Africa’s MTN Group said on Thursday it was compliant with Cameroonian laws, a day after the central African nation…

Citigroup cuts global economic growth forecasts

itigroup United States investment bank Citigroup cut its growth forecasts for the world economy on Thursday, saying that risks of…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira still struggling against the dollar

The naira on Wednesday continued to depreciate at the parallel market amid mixed reactions to the recent forex policy of…

Pipeline sabotage: Nigeria loses N500m daily

As security agencies intensify the search for culprits behind the act, it has been established that the weekend’s attack on…

Cameroon fines Orange, MTN $160million

The local units of mobile telecom companies Orange and MTN in Cameroon have been fined over $160 million for failing…

Air Peace, Yudala, Jiji tops trending Nigerian brands on Google in 2015

Henry Ojelu Google has captured a list of the top ten trending Nigerian brands of 2015, highlighting the brands that…

Botswana to host Innovation Prize for Africa

The African Innovation Foundation (AIF) in a joint collaborative effort with the Government of Botswana (GoB) represented by the Ministry…

Pipeline Sabotage: NNPC shuts Port Harcourt, Kaduna refineries

The Nigerian National Petroleum Corporation, NNPC on Wednesday announced the operational shutdown of the Port Harcourt and Kaduna Refineries owing…

NDDC to train workforce on Niger Delta Master Plan

The Niger Delta Development Commission (NDDC) said on Wednesday that it had concluded plans to train its staff on implementation…

NIMASA: Nigeria lost N32bn to foreign investor, says Amaechi

Nigeria’s Transport Minister, Rotimi Amaechi, has revealed that a foreign investor in the shipping sector got N32 billion for vessels,…

Nigeria loses N470m daily to attacks on pipelines – Fashola

Eromosele Ebhomele Minister of Works, Power and Housing, babatunde Fashola, late Tuesday revealed that the attack on the Nigeria Gas…

Don’t put profit above Nigeria’s security, Buhari warns telcos

President Muhammadu Buhari on Tuesday in Abu Dhabi urged telecommunication companies operating in Nigeria not to place their desire for…

DPR denies demanding bribe

The Department of Petroleum Resources (DPR) has denied demanding for bribe from a retired Navy Captain and an Aviation Consultant…

Twitter hit by technical glitch

Twitter is right now trying to fix a technical glitch on its network that makes it impossible for users to…
Market Capitalisation

Capital market indices drops further by 4.09 per cent

Trading at the Nigerian Stock Exchange (NSE) resumed for the week on Monday still on negative trend with the market…

How N2.6bn NIMASA fund was diverted —witness

Akin Kuponiyi A Federal High Court sitting in Lagos, southwest Nigeria, has been told how part of the N2.6 billion…

Filling stations in Ogun adjust meters to ‘extort’ buyers

Abiodun Onafuye/ Abeokuta Owners of most filling stations across Abeokuta, the capital city of Ogun state, have devised another way…

Obaigbena’s London TV station, Arise, shut over £3m debt

Funsho Arogundade Arise TV, London-based global news network, owned by Nigeria’s flamboyant media baron, Prince Nduka Obaigbena, has been shut…

Nigeria now has over 152million active lines – NCC

The active lines in Nigeria’s telecommunications industry increased to over 152 million in the month of November 2015, the Nigerian…

Jimoh Ibrahim sacks MD on live TV over unpaid workers’ protest

Funsho Arogundade The Group Managing Director of Energy Group, Jimoh Ibrahim, did the unthinkable Monday when he sacked Bolu Afolayan,…

Principal officers of Skye bank face contempt proceeding

Akin Kuponiyi A federal high court sitting in Lagos, South west Nigeria will tomorrow decide whether to commence the hearing…

Unpaid workers storm Jimoh Ibrahim’s lecture

Some unpaid workers stormed the Abuja venue of the Energy Group 5th GMD Lecture Monday while the programme was being…

Ex-CBN chief calls for less dependence on oil trade

A retired Director of the CBN, Chris Nemedia, on Monday urged the Federal Government to be less-dependent on trading in…

Akwa Ibom govt to engage Canadian consultants on cocoa production

The Akwa Ibom Government has announced plans to engage consultants from Canada and Switzerland to educate farmers in the state…
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