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Business

English football fan Wins N1.5m jackpot on Winners Golden Bet

‪With just N500 stake, a Nigerian won the sum of N1,521,052 on the coupon of Winners Golden Bet last weekend.…

Naira firms up against Dollar at parallel market

The Naira remained firm against the Dollar, Euro and Pound Sterling, according to trading at the parallel market on Wednesday.…

45 ships expected at Lagos ports with petroleum products, foods

Forty five ships laden with petroleum products, food items and other goods are expected to arrive at the Lagos ports…

Brazil’s Rousseff rejects gloomy 2016 economic prediction

Brazil’s President, Dilma Rousseff, has rejected predictions that the country’s economy would experience immense difficulty in 2016, though she could…

Dangote loses N140bn to Chinese stocks plunge

Henry Ojelu Aliko Dangote, Africa’s richest man, on Monday, reportedly lost N141 billion following intense pressure of global markets as…

Revival of Textile Industries irrevocable—El-Rufai

The Gov. Nasiru El-Rufai of Kaduna State, on Tuesday said his administration’s resolve to revive the ailing Textile industry was…
Tinubu

Globacom launches e-payment, unveils 10,000 mobile money agents

As a follow-up to the launch of Glo Xchange and the successful training of prospective agents in over thirty states…

Buhari blames wicked manipulation for escalation of fuel subsidy

President Muhammadu Buhari Tuesday in Abuja blamed past administrations for the current situation in which Nigeria is forced to spend…

DIGITAL TV TALK: What To Do When Your TV Pictures Freeze

SPONSORED Frozen television pictures kill joy almost as fast as you can switch on your TV set. Midway through a…

Arik crew member arrested in UK over banned substance

Henry Ojelu An Arik Air cabin crew member as on Monday night arrested at Heathrow Airport London by the UK…
LAWMA re-opens Ladipo, Oyingbo, Alamutu Ologede and Ile-Epo markets, recently shut in Lagos over sanitation issues with a strong warning

Auto spare parts market goes online

Daniels Ekugo To offer vehicle owners craving quality, affordable auto spare parts, Izzy Parts entered into the Nigerian market with…

FG inaugurates committee on establishment of national carrier

The Permanent Secretary, Ministry of Aviation, Hajiya Binta Bello, on Monday inaugurated a 12-member Ministerial Committee on the establishment of…

Nigeria will be self sufficient in sugar, rice, others by 2019 – Dangote

Alhaji Aliko Dangote, the Chairman of Dangote Group, on Monday said Nigeria would be self sufficient in rice, sugar and…

Nigeria, Ghana, others lose 9.6bn dollars annually to corporate tax waivers

Nigeria and three other West African countries lose an average of 9.6 billion dollars as revenues yearly through corporate tax…

250 Indian business delegation storm Nigeria

At least 250 members of the Indian business community will be arriving in Nigeria on Tuesday for the Indian Show…

Electric company to recruit 3,000

The Kaduna Electric Distribution Company (KEDC), according to a NAN report, said it had recruited 3,000 workers in its renewed…

Max Air to transport 35,576 pilgrims to Saudi Arabia for 2015 Hajj

Max Air Ltd is to airlift a total of 35,576 pilgrims to Saudi Arabia for the 2015 Hajj, its Public…

Only diversification will save Nigeria’s economy – Expert

An economist, Mr Tosin Yusuf, on Monday said diversification was the only way to get out of the current economic…

Australia, Japan, China stocks tumble amid economic worries

Australian stocks plunged almost 4 per cent Monday wiping 60 billion Australian dollars (43.4 billion U.S. dollars) or two years…

Ethiopian Airlines targets 140 aircraft, 22 million passengers in 2025

Mr Solomon Begashaw , General Manager, Ethiopian Airlines, Nigeria office, said on Sunday in Abuja that the airline is expected…

Don’t charge Nigerians for electricity not consumed, NERC directs Discos

Ayorinde Oluokun/Abuja The Nigerian Electricity Regulatory Commission (NERC) has directed electricity Distribution Companies (Discos) to urgently restructure their fixed charges…

Shippers Association calls for closure of Lagos ports

Shippers’ Association in Lagos State, has called for temporary closure of Tin-Can and Apapa ports until the bad spots on…

FG suspends Comptroller-General of Immigration

David Paradang, the Comptroller General of Nigeria Immigration Service has been suspended from office by the Federal Government with immediate…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira rallies strongly amid CBN intervention

The Nigerian currency, the Naira, on Friday, regained its strength and appreciated to N208 to the Dollar in the parallel…

New York Forum Africa: Helping African leaders drive economic and social dev.

The New York Forum AFRICA (NYFA), the only pan-African business summit to be held in Africa in 2015, is taking…

Customs boss gives area commands N35bn weekly revenue target

The Acting Comptroller-General of Customs, Dr. John Atte, on Thursday directed Area Controllers to increase their weekly average revenue from…

Fidson Healthcare declares N477m profit

Fidson Healthcare Plc has released its results for the half year ended June 30, 2​01​5, declaring a profit before tax…

Excess Crude Account now at $2.207billion

The National Economic Council (NEC) has been told by the Permanent Secretary, Ministry of Finance, that the Excess Crude Account…

Power generation to hit 5,000mw by December

The National Economic Council (NEC) said on Thursday that power generation in Nigeria will reach 5,000 megawatts by December, noting…

Boost revenue from N13bn to N35bn, New Customs boss says

The acting Comptroller-General of Customs, Dr. John Atte, on Thursday directed Area Controllers to increase their weekly average revenue from…
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