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Copter crash: Bristow suspends operations

Bristow Helicopter Limited on Thursday suspended operations, less than 24 hours after one of its choppers ditched into the Lagos…

Oil subsidy removal will check corruption, says Emir Sanusi

The Emir of Kano, Malam Muhammadu Sanusi II, on Thursday said that stopping oil subsidy would go a long way…

IPMAN Begs NNPC For Petrol At Port Harcourt Depots

Independent Petroleum Marketers Association of Nigeria (IPMAN), Rivers chapter, has appealed to NNPC to ensure availability of petrol at Port…

Struggling Lenovo To Lay Off 3,200 Workers

China’s Lenovo Group, the world’s biggest Personal Computer (PC) maker, announced on Thursday that it is set to lay off…

Nigeria sells N80bn worth of 2020, 2034 debt at mixed yields

LAGOS (Reuters) – Nigeria’s sold a total of 80.20 billion naira ($403 million) in bonds maturing in February 2020 and…

We must have steady electricity in Nigeria, says Buhari

President Muhammadu Buhari said Wednesday in Abuja that his administration will give the fullest possible attention to boosting power supply…

Reps. summon CBN Governor over ban on foreign currency deposits

The House of Representatives on Tuesday summoned the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to explain the…

Airtel bars unregistered lines

Henry Ojelu Following the directive by the Nigerian Communications Commission (NCC) to telecoms firms that all unregistered lines should be…

NNPC’s Kachikwu fires 38 top management staff, appoints 4 Executive Directors

The purge and enhancement of top echelon of Nigerian National Petroleum Corporation, NNPC with new appointments, retirements and deployments of…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Up Again: Naira now N224 to a dollar

The naira eased against the dollar on the parallel market on Tuesday driven by demand mainly from individuals travelling abroad…
Godwin Emefiele, CBN Governo

ATM Withdrawals: CBN’s limit may stifle cash flow – Experts

Some financial experts and businessmen on Tuesday said the Central Bank of Nigeria (CBN) limit on cash withdrawal via the…

LAWMA To Generate Electricity –MD

The new managing director of Lagos Waste Management Authority, LAWMA, Mr. Abdulwahab Ogunbiyi, has disclosed that the agency has the…

Ford To Manufacture Ranger Pickup in Nigeria

Daniels Ekugo This is good news to Niigerians, as Ford Automobile has announced that Ford Ranger, the midsize pickup is…

DIGITAL TV TALK: The ABC Of Digital Migration (2)

Digital broadcasting, as explained in the first installment of this article, is a more efficient way of transmitting sound and…

In Video: Dopemu, Osodi residents protest against IKEDC

Residents of Agege, Dopemu and Oshodi areas of Lagos state, stage peaceful protest against Ikeja Electricity Distribution Company at the…

Diamond Bank sued for breach of contract

Akin Kuponiyi An aggrieved customer of Diamond Bank Plc, News Engineering Nigeria Limited, has dragged the bank before a Federal…

PH Refinery: Nigeria’s fuel importation to drop by 40%

Emeka Offor, Executive Chairman, Chrome Oil Services, says importation of Premium Motor Spirit (PMS) would drop by about 40 per…

GE, USADF, USAID announce $1.1 million awards for African energy entrepreneurs

General Electric Africa in conjunction with the United States African Development Foundation (USADF) and the United States Agency for International…

Corporate bodies donate N1b to Lagos Security Trust Fund

Kazeem Ugbodaga Corporate bodies donated over N1 billion to the Lagos State Security Trust Fund, STF, at a dinner held…

Airtel Nigeria Hits 30m Subscriber Milestone

Henry Ojelu Bharti Airtel, the world’s third largest telecommunications services provider with operations in 20 countries across Africa and Asia,…

Nigeria’s Youngest Female To Pilot Plane Across America

Daniels Ekugo/with agency report A Nigerian teen has become the youngest black female to ever fly from one end of…

Diageo empowers 1000 Nigerian bartenders

Funsho Arogundade Diageo, the parent company of Guinness Nigeria Plc, has kicked off its 2015 Master Bar Academy Programme in…

Shell declares force majeure

Shell has declared force majeure on gas supplies to Nigeria’s LNG export terminal on Bonny Island in Rivers State due…

Abike Dabiri Slams N500m Suit On Diamond Bank

Akin Kuponiyi Former House of Representatives member Abike Dabiri-Erewa, who represented Ikorodu Federal Constituency between 2003 and 2015 Thursday slammed…

El-Rufai Orders Banks To Close Govt. Accounts, Remit Balance To CBN

Femi Adi/Kaduna Kaduna State Governor, Mallam Nasir El-Rufai, has directed all banks with accounts of the state government to close…

10 Ships Arrive Lagos Ports With Petroleum Products

Ten ships have arrived Lagos ports with petroleum products, waiting to berth, the Nigerian Ports Authority (NPA) said on Thursday…

Osinbajo Assures Investors Of Level Playing Field

Vice-President Yemi Osinbajo says the Federal Government will ensure that business environment in the country is transparent and fair. Osinbajo,…

FAAN Issues 7-Day Ultimatum To Owners Of Abandoned Aircraft

The Federal Airports Authority of Nigeria (FAAN) on Wednesday issued a seven-day ultimatum to owners of abandoned aircraft at the…

I’m not indebted to FCMB – Senator Uzodimma

Ayorinde Oluokun/Abuja Reactions to the publications of list of debtors with non performing loans by Nigerian banks has continued with…

CBN orders banks to stop accepting foreign currency deposits

The Central Bank of Nigeria (CBN), on Wednesday formally asked banks to stop accepting foreign currency cash deposit from customers.…
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