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MTN ‘Extremely Sorry’ Over Network Outage

No respite for MTN as Nigeria insists on $5.2bn fine

Ayorinde Oluokun/Abuja Efforts by MTN Nigeria to reduce the $5.2bn (N1.04 trillion) fine imposed on it by the Nigeria industry…

Ex-tax chief denies misappropriating N71m from govt coffers

Mr Andrew Ayabam, the former Executive Chairman, Board of Internal Revenue Service (BIRS), Benue state, has denied misappropriating N71 million…
Kogi governor Ahmed Ododo says his administration's efforts to combat crime are yielding fruits with recovery of 53 stolen transformers

Nigeria’s nuclear power plants to generate power in excess of 1,200mw each

Dr Erapamo Osaisai, the Chairman, Nigeria Atomic Energy Commission (NAEC), says Nigeria plans to make each of its nuclear power…

Ashaka Cement loses N46n to Boko Haram attacks

A leading cement company in Nigeria has suffered losses of N46 billion to attacks by militant Islamist sect, Boko Haram…

GTB’s Segun Agbaje bags Africa’s Business Leader of the Year award

Leading African financial institution, Guaranty Trust Bank Plc has reaffirmed its position as a leading global brand following the recent…

Nigeria extends MTN’s $5.2bn fine payment

Nigerian authorities will not enforce a $5.2 billion fine on South Africa’s MTN until negotiations have been concluded, the telecommunications…

$5.2b fine: MTN denies asking for staggered payment

South African mobile phone firm MTN Group denied on Sunday that it has asked the Nigerian authorities to be allowed…

MTN asks Nigeria to spread payment of N1trn fine

South Africa’s mobile phone giant MTN has asked Nigeria for a plan to allow it to spread the payment of…

Nigeria inflation down 0.1%, first time since Nov 14

Nigeria’s consumer inflation was 9.3 per cent year on year in October compared with 9.4 per cent in September, data…

IFAD empowers 221,751 farmers in Edo

Peter Aikhuomobhogbe, Coordinator International Fund for Agricultural Development (IFAD), said on Sunday that the programme had empowered 221,751 farmers in…

DPR seals 2 petrol stations selling above official pump price in Kwara

The Department of Petroleum Resources (DPR), Kwara Branch, on Saturday sealed two petrol stations in Offa Local Government Area of…

Guinness shareholders decry fine on coy by NAFDAC

Some shareholders of Guinness Nigeria Plc have condemned the one billion naira fine imposed on the company by the National…
Guinness Nigeria Plc says despite challenging operating environment, it achieved 31 % revenue growth for financial year ended June 30, 2024

Guinness denies usage of expired raw materials

Mr Sesan Sobowale, the Director, Corporate Relations in Guinness Nigeria, on Friday denied that the company ever used raw materials…
Guinness Nigeria Plc says despite challenging operating environment, it achieved 31 % revenue growth for financial year ended June 30, 2024

N1bn Fine: Guinness denies using expired raw materials

Mr Sesan Sobowale, the Director, Corporate Relations in Guinness Nigeria, on Friday denied that the company ever used raw materials…
Real reason for fuel scarcity in Abuja, other northern states

NNPC begins 24 hour fuel supply to curb scarcity

The Nigerian National Petroleum Corporation said it has begun a 24 hour fuel supply in its depots nationwide to battle…

ATCON calls for merger of NCC, NBC

The Association of Telecommunications Companies of Nigeria (ATCON) on Friday called for the merging of the Nigerian Communications Commission (NCC)…
Guinness Nigeria Plc says despite challenging operating environment, it achieved 31 % revenue growth for financial year ended June 30, 2024

N1bn Guinness Fine: Health experts decry use of unwholesome raw materials

Some health experts on Friday decried the use of unwholesome raw materials in the production of foods, beverages, drinks, drugs…

Nigeria does not want MTN “to die” from $5.2bn fine – Shittu

Nigeria does not want MTN to quit the country because of a $5.2 billion fine imposed last month, its new…

New MTN CEO arrives Nigeria for talks over $5.2bn fine

South Africa MTN Group’s Executive Chairman Phuthuma Nhleko was in Nigeria, a source with knowledge of the matter told Reuters,…

Chinese motor company assembles 1,000 buses, coaches in Nigeria

A Chinese Motor Company, Yutong, has assembled nearly 1,000 buses and coaches for the Nigerian market. This is contained in…

Buhari to hold permanent secretaries liable for leadership failure in ministries, establishments

President Muhammadu Buhari says he will hold Permanent Secretaries responsible for failure to provide the required leadership, control and direction…
Organised Labour announces nationwide strike from Monday, June 3rd, over failure of to agree on a new minimum wage for Nigerian workers.

NLC, TUC want FG to investigate alleged fraud in TSA

Labour unions on Thursday in Abuja called on the Federal Government to investigate allegation of fraud in the Treasury Single…
The N395m debt recovery suit filed against a Lagos businessman Lateef Bello- Osagie by AMCON has been adjourned till 14th day of February.

2 men in court for alleged N3.7m fraud

The police in Ado-Ekiti on Thursday arraigned two persons Lekan Fadahunsi,29, and Henry Johnson,24, in an Ado-Ekiti Chief Magistrates’ Court…

Marketers call for release of N413bn subsidy claim

Some accredited oil subsidy marketers on Thursday said the failure of Federal Government to release the approved N413 billion subsidy…
Godwin Emefiele, CBN Governo

US, EU worried over Nigeria’s policy on access to foreign currency

The United States and the European Union have raised concerns at the World Trade Organization about Nigeria’s central bank curbs…

I’ll discover more oil and gas, Kachikwu assures Nigerians

The Minister of State for Petroleum Resources, Dr Ibe Kachiwkwu, on Wednesday said the ministry would focus on boosting revenue…

Reps want Agip Oil to contain spill in Bayelsa

The House of Representatives on Wednesday, urged the Nigerian Agip Oil Company to clean up recent multiple oil spills to…

Union faults aviation ministry merger

The National Union of Air Transport Employees (NUATE) on Wednesday faulted the scrapping of the Ministry of Aviation by the…

Court adjourns KPMG suit against FRC till next week

Akin Kuponiyi Justice Ibrahim Buba presiding over a federal high court in Lagos south west Nigeria today adjourned till Thursday,…
Kogi governor Ahmed Ododo says his administration's efforts to combat crime are yielding fruits with recovery of 53 stolen transformers

Security agencies owe electricity company over N1bn

The Jos Electricity Distribution Company (JEDC) has said that the military and paramilitary agencies owe the company a backlog of…
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