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Ghana resolves dispute with Nigeria over unpaid gas bill

The Ghanaian Government said it would pay a Nigerian gas consortium 170 million dollars it owed by February, apparently resolving…

Osinbajo tasks entrepreneurs on graduate unemployment

Vice President Yemi Osinbajo on Monday requested African entrepreneurs to focus attention on skills training to tackle the challenge of…

Transactions in mobile money transfer scheme hits N815.47b

Mr Dipo Fatokun, the Director of Banking and Payment System in the Central Bank of Nigeria (CBN) says about N815.47…

FG to sanction DISCOs over installation of substandard electricity equipment

The Federal Government on Sunday said it would sanction any distribution company that engaged in installation of sub-standard electricity equipment…

Industrialist decries exorbitant taxes, levies

An industrialist, Dr Godwin Maduka has called on Anambra government to support indigenous investors in the state by reducing the…

Osun, France sign N8bn solar plant agreement

Osun Government and France have signed an agreement to build a 35 million Euros (N8 billion) 13 megawatts solar plant…

ANALYSIS: Competitors linked to CPC raid on Multichoice office

By Olalekan Bilesanmi The face-off between the Consumer Protection Council,CPC, and Multichoice got to a head, last week, when the…

Lagos consumes N1billion worth of rice daily, says Ambode

Kazeem Ugbodaga As the world marked World Food Day, Lagos State Governor, Akinwunmi Ambode disclosed that the state consumes N365…

Fuel scarcity: Gov. Udom advocates liberalisation of downstream sector

Governor Udom Emmanuel of Akwa Ibom has advocated the liberalisation of the petroleum downstream sector to regulate the cost paid…
Godwin Emefiele, CBN Governo

Nigeria overnight rate, bond yields fall on excess liquidity

Reuters Nigeria’s overnight lending rates and bond yields continued to fall on Friday as excess liquidity injected into the banking…

Financial industry, corporate Nigerians eulogise Onosode

Members of financial industry and corporate Nigeria on Friday described the late Dr Gamaliel Onosode as a great man of…

UBA MD sues online journalist over alleged false report

Paul Iyoghojie An online reporter, Desmond Ike Chima, 29, has been arraigned before a Lagos State magistrates’ court for allegedly…
Market Capitalisation

Market capitalisation improves by N46b

Activities at the Nigerian Stock Exchange (NSE) made an impressive record on Friday with the market capitalisation improving by N46…

FG suspends licence issuance for new vehicle assembly plants

The Federal Government has suspended issuance of licence to new vehicle assembly plants. Mr Aminu Jalal, the Director General 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 depreciates at parallel market

The Naira on Friday depreciated against the dollar at the parallel market. The Naira lost N0.5 in the afternoon as…

EU to participate in 2015 Lagos trade fair

The Lagos Chamber of Commerce and Industry (LCCI) on Friday said the European Union (EU) had indicated interest to participate…

FG assures of improved electricity supply

The Ministry of Power has said that it was working hard on its responsibility to improve electricity supply in the…
Nigeria Customs Service (NCS) boss Hameed Ali urges Nigerians not to engage in smuggling or patronising smugglers in Easter message

Ships’ manifests full of irregularites — Customs boss

Col. Hameed Ali (retd) Comptroller-General, Nigeria Customs Service (NCS), has expressed concern that most of the manifests paraded by multinational…

FCT gets $170m from France to boost power supply

France says it has granted 170 million dollars aimed at increasing the power supply for the Federal Capital Territory (FCT).…

Petrol: Marketers express worry over shut down of loading depots

Some marketers on Thursday expressed concern over the shutdown of all loading depots of the Pipelines Products Marketing Company (PPMC)…

CPC raids Multichoice HQ, carts away subscribers information

Officials of the Consumer Protection Council (CPC) on Thursday afternoon raided the head office of premier pay-TV service provider, MultiChoice…
Accountant-General of the Federation, Ahmed Idris

FG to adopt IPSAS accrual-based accounting

The Accountant-General of the Federation (AGF), Ahmed Idris has said that Federal Government would adopt International Public Sector Accounting Standards…

Dangote advocates use of concrete roads for durability

Funsho Arogundade For Nigeria to achieve its long desired infrastructural development, it must embrace the use of concrete for road…

Nigeria raises N120bn in 2020, 2024 bonds at lower yields

Nigeria issued 120 billion naira ($600 million) worth of naira-denominated bonds maturing in 2020 and 2024 at an auction on…

LASIMRA set to check illegal installation of telecom facilities

The Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA) has restated its commitment to the regulation of the communication infrastructure…

World Bank defends $75m loan to Edo

The World Bank on Wednesday defended the $75 million loan it granted to Edo State Government, saying it grants significant…

Skye Bank rewards more customers

Skye Bank has continued to reward more winners nationwide who emerged in its on-going ‘Reach for the Skye Millionaire’ savings…

Ex-banker docked for fraud

A former banker, Oyewusi Oyewumi, was on Wednesday charged with defrauding Stallion Microfinance Bank, Lagos, of N535,000 at a Surulere…

Nigeria loses N8.7bn using Incandescent bulbs — ECAN

Mr Goodluck Enyinnaya, Secretary, Board of Trustees, Electricity Consumers Association of Nigeria (ECAN), says Nigeria loses N8.7 billion yearly because…

Naira appreciates at parallel market

The naira on Wednesday firmed against the dollar at the parallel market. The naira gained N1 on Wednesday afternoon as…
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