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Nigeria restructures bank loans of 13 cash-strapped states

Nigeria has restructured the commercial bank loans of 13 cash-strapped state governments as Africa’s biggest economy seeks to cut domestic…
MTN ‘Extremely Sorry’ Over Network Outage

Right2Know pickets MTN in South Africa for unethical profiteering

Right2Know Gauteng, a campaign group in South Africa will on Friday picket telecommunication company, MTN, with the goal of putting…

Diamond Bank staff sent to Ikoyi Prison over fraud

Justice Mohammed Yunusa of a Federal High Court, Lagos, on Thursday remanded a Diamond Bank employee, Obioha Okengwu, at Ikoyi…

2 Nigerians among 12 finalists for $75k Anzisha Prize for African youth entrepreneurs

African Leadership Academy in partnership with The MasterCard Foundation has announced 12 accomplished young entrepreneurs, among them two Nigerians, as…
Godwin Emefiele, CBN Governo

“Don’t panic there’s no shortage of liquidity,” CBN Governor urges banks

Nigerian central bank Governor Godwin Emefiele ruled out on Thursday a naira devaluation and told people not to panic about…

US Pension Funds and Endowments to discuss Africa co-investments at Africa investor Summit

Africa investor (Ai), a leading international investment and communications group, today announced that US pension funds and endowments will meet…

Over 150 waste management firms to storm Nigeria

Daniels Ekugo A waste management company in Nigeria, Waste Matters Nigeria in conjunction with the Federal Ministry of Environment is…

Natures Gentle Touch introduces Eucalyptus Anti-Hair Breakage Range

Personal style brand, Natures Gentle Touch has introduced a new line of anti-hair breakage range that will provide solution to…

World’s second-richest person closing in on Bill Gates

Spain’s fast-fashion king Amancio Ortega has added $3.7 billion to his personal fortune after Inditex SA, the world’s largest clothing…

Nigerian firms may struggle to repay debt if dollar shortages persist

Already feeling the pinch from slumping oil prices and slowing economic growth, Nigerian companies are finding it increasingly hard to…

NUPENG grounds business activities at Chevron

Okafor Ofiebor/Port Harcourt Rivers State branch of National Union Petroleum and Natural Gas workers Wednesday disrupted business activities at Chevron…
Godwin Emefiele, CBN Governo

Nigeria to raise N100.8bn in Treasury bills

Reuters – Nigeria plans to raise 100.88 billion naira in treasury bills with maturities between three months and one year…

Intels spends N11m on charity

In performing its corporate social responsibility, Intels Nigeria Limited, Onne, Rivers State, southern Nigeria, on Tuesday donated N11 million to…

Kellogg to spend $450m to acquire Lagos-based Multipro

Reuters – Kellogg Co is setting up a joint venture with the African arm of Singapore’s Tolaram Group to bolster…

Diamond Bank dragged to court for trespassing on landed property

Akin Kuponiyi A Lagos high court in Southwest, Nigeria has adjourned for judgement, a suit instituted by the family of…

Buhari assures French investors of favourable business environment

President Muhammadu Buhari in Paris assured French investors of his administration’s commitment to provide a suitable business environment that would…

2 men arrested for forging Customs clearing papers

Cyriacus Izuekwe The police at Ajao Estate have arrested two suspects for their alleged involvement in forging the Nigeria Customs…

Nigerian dismantles, couples Bajaj engine in record time

Daniels Ekugo A Nigerian mechanic, Adeshina Odedokun, has emerged the winner of a Bajaj Motorcycle in the recently concluded “Speed…

DIGITAL TV TALK: Pay-TV: Why Competition Is Good For The Subscriber And…

As a pay-TV subscriber, you, most probably, want greater competition in the industry. Understandable and really healthy wish. Competition, for…

Why we increased subscription again – Startimes

Pay TV provider, StarTimes, has explained why it increased its tariff for a second in six months.The Chinese-owned company stated…

Sahara Power Group plans to hit 10,000 megawatts by 2025

Mr Kola Adesina, Chairman, Sahara Group, owners of Egbin Power Station, on Monday said that the company was working towards…

German company to build N14b factory in Lagos

Kazeem Ugbodaga The investment drive of the Lagos State Government received a major boost on Monday when the representative of…

Protests as Lacasera sacks 700 workers

Scores of workers at Lacasera Company Plc staged a protest on Monday in Lagos, moments after at least 700 workers…

FG to review employment, promotions in NIMASA

The Federal Ministry of Transport will review employment, placements and promotions in Nigerian Maritime Administration and Safety Agency (NIMASA) since…
Ikpeazu

American investors to explore Abia

Gov. Okezie Ikpeazu of Abia said on Sunday that some American investors would soon visit the state to explore its…

BVN enrollment hits 20m customers

The Nigeria Inter Bank Settlement System Plc (NIBSS) says over 20 million customers have been enrolled by banks in the…

Nigeria’s inflation up to 9.3% in August

Nigeria’s consumer inflation was at 9.3 per cent year-on-year in August, up 0.1 per cent from July, and staying above…

DPR seals 200 filling stations, 25 depots in A/Ibom, C/River

The Department of Petroleum Resources (DPR), Eket, Akwa Ibom, on Sunday said it sealed 200 petrol filling stations within six…

FG moves to end EU ban on beans exportation

The Federal Government has begun to put in place measures to ensure that the European Union (EU) lifts the suspension…

SON seizes N4b substandard products

The Director-General of Standards Organisation of Nigeria (SON), Dr Joseph Odumodu, has said that the agency has seized substandard products…
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