Business

Buhari orders action to address enormous debt in aviation sector

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11 years ago

President Muhammadu Buhari Wednesday in Abuja expressed concern over the enormous debt profile of Nigeria’s aviation sector, saying that his…

Shake up in NNPC as new GMD sacks 8 executive directors, appoints new ones

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11 years ago

Dr. Emmanuel Ibe Kachikwu, the new Managing Director of Nigerian National Petroleum Corporation, NNPC on Wednesday sacked all the eight…

Osinbajo Assures Automobile Industry Of Govt Support

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11 years ago

Daniels Ekugo Vice President Prof. Yemi Osinbajo has assured local vehicle manufacturers that the new administration will always take a…

Many Banks Suffering From Cultural Complex –Lolu Akinwunmi

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11 years ago

Funsho Arogundade Immediate Past Chairman, Advertising Practitioners Council of Nigeria, APCON and CEO, Prima Garnet Africa Group, Mr. Lolu Akinwumi,…

NNPC boss, Kachikwu assumes office

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11 years ago

Newly-appointed Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Emmanuel Ibe Kachikwu, has assumed duty as the Chief…

Capital Oil adopts measures to curb illicit practices by marketers

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11 years ago

The Managing Director, Capital Oil and Gas, Mr Ifeanyi Ubah, on Tuesday said the company had adopted measures to curb…

Dangote To Double Zambia Cement Investment To $900m

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11 years ago

Dangote, Nigeria’s largest cement maker, plans to double investment in Zambia to around $900 million by building a second cement…

Breaking News: Buhari Appoints New NNPC, NCC Helmsmen

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11 years ago

President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as the Group Managing Director of the Nigerian National Petroleum Corporation…

Buhari must overhaul NNPC, the medium of fraud, corruption – Report

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11 years ago

ABUJA, (Reuters) – Nigeria’s new president should overhaul how Africa’s biggest oil producer sells its state oil company’s share of…

DIGITAL TV TALK: ABC of Digital Migration

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11 years ago

SPONSORED Digital migration. It is a safe bet your eyes have caught the phrase in newspapers, on the internet or…

Niger Delta Youths Threaten To Shut NLNG

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11 years ago

Okafor Ofiebor/Port Harcourt A youth group in the oil rich Niger Delta has threatened to shut the operations of the…

Accountant Engages Sterling Bank In Legal Battle

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11 years ago

Akin Kuponiyi A Nigerian chartered accountant based in Canada, Dr Adekunle Oladosu, has dragged Sterling Bank Plc before a Federal High…

Building an international business that funds itself from the outset

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11 years ago

Consilia, founded in 2012, is an independent ICT consulting firm that carries no debt and which has been largely self-funded…

DPR shuts 23 private petroleum products depots

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11 years ago

The Department of Petroleum Resources (DPR) has shut 23 private petroleum products depots across the country for selling Premium Motor…

Shake up in NIMASA, senior staff shuffled

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11 years ago

The Acting Director General/Chief Executive Officer of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Haruna Baba Jauro has…

Niger Delta JTF arrests 18 oil thieves

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11 years ago

The Joint Task Force (JTF) in the Niger Delta, “Operation Pulo Shield” says that it arrests 18 suspected oil thieves…

Dangote triggers panic in Germany

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11 years ago

HeidelbergCement rushed to buy control of Italcementi after fears that Nigeria’s cement mogul, Aliko Dangote also showed interest in the…

FAAC wants review of laws, price regime in gas sector

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11 years ago

The Federation Accounts Allocation Committee (FAAC), has called for review of laws, fiscal and price regimes and licenses of gas…

Nigeria banks reject dollar deposits to curb speculation – FCMB CEO

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11 years ago

LAGOS, (Reuters) – Nigeria’s commercial lenders have stopped collecting cash deposits in dollars in a move to discourage speculation on…

Buhari appoints new commissioner for insurance

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11 years ago

President Muhammadu Buhari has appointed Alhaji Mohammed Kari as the Commissioner for Insurance and Chief Executive of the National Insurance…

Kaduna refinery producing 2m litres of petrol daily, says MD

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11 years ago

The Kaduna Refining and Petrochemicals Company (KRPC), on Friday said it was currently releasing two million litres of petrol daily…

Oil price won’t rise even with reduced production quota – OPEC

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11 years ago

Organisation for Petroleum Exporting Countries (OPEC) has said that prices for oil would not significantly rise even if the cartel’s…

International Best Practices Our Hallmark –NBC

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11 years ago

Daniels Ekugo Officials at the Nigerian Bottling Company, NBC, Plant in Agidingbi, Lagos State, western Nigeria, said they adhere strictly…

Dangote refinery gets $1b grant from USTDA

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11 years ago

The United States Trade and Development Agency (USTDA) Thursday in Lagos announced a grant of $997.4 million dollars as training…

Dangote Cement, Ecobank post higher profits

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11 years ago

Presco Plc has released to the market its unaudited half year financial results. Despite commodity price challenges, the company reported…

Shell To Axe 6,500 Jobs

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11 years ago

Royal Dutch Shell (RDSa.L) says it will axe 6,500 jobs this year and step up spending cuts, to deal with…

Buharism: Nigeria’s power supply now at 4656mw

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11 years ago

The Management of Transmission Company of Nigeria (TCN) on Wednesday stated that the National Grid Transmission has recorded another peak…

Shell to axe 6,500 workers, cut spending

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11 years ago

Royal Dutch Shell says it will axe 6,500 jobs this year and step up spending cuts, to deal with an…

PH, Warri refineries begin work, to produce 335, 000 barrels daily

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11 years ago

The Nigerian National Petroleum Corporation (NNPC), says Port Harcourt and Warri refineries have commenced preliminary production of petroleum products after…

American Business Council elects GE’s Lazarus Angbazo as President

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11 years ago

Lazarus Angbazo, the President and CEO of GE Nigeria has been elected president of the American Business Council (ABC) in…

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