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Business

PZ Cussons sales drop in Nigeria, set to report fall in profits

Fake tan and soap maker PZ Cussons will this week report a fall in profits despite strong sales in Britain.…

GE Technology powers Lekki Free Trade Zone

General Electric (NYSE: GE) has announced four of its Waukesha gas Enginators were commissioned at Lekki Free Trade Zone (LFTZ)…

Airline operators call for reduction in operation cost

Airline Operators Association of Nigeria (AOAN) has called on the Federal Government to review the charges paid by its members…

Why Buhari fired controversial NIMASA DG

Ayorinde Oluokun/Abuja President Muhammadu Buhari on Thursday terminated the appointment of Mr. Patrick Ziakede Akpobolokemi as Director-General of the Nigerian…

APC wants NNPC probed over $1.2 billion withdrawal

The All Progressives Congress (APC) has renewed its call on the Federal Government to probe the whereabouts of the dividends…

I’ll honour international trade agreements that will better Nigerian lives – Buhari

President Muhammadu Buhari has assured Nigerians and the international community that his administration will honour all international trade agreements that…

Global investment increasing in Africa’s telecoms industry

Africa’s telecoms industry forms a vital component to the country’s economic growth, affecting all aspects of the business and social…

Nigeria inflation rises to two-and-half-year high on food prices

Nigeria’s consumer inflation rose by 0.2 percentage points to 9.2 per cent in June compared with the same month last…

What You Get From Video On Demand Services

In case-just in case-you have been wondering what video on demand (VoD) services are or what they do, here are…

Nokia bounces back, to re-enter mobile phone market in 2016

Finnish telecoms network maker Nokia confirmed it might start designing and licensing mobile phone handsets under its brand name in…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira hits new low, now N241 for $1

LAGOS, (Reuters) – The naira has hit a new low against the dollar in the black market. It sold for…

My reforms in oil sector will boost transparency, says Buhari

President Muhammadu Buhari Monday in Abuja assured investors that his administration will implement far-reaching reforms to boost accountability and transparency…

OPEC Sees More Balanced Oil Market In 2016

The oil market should be more balanced next year as China and the developing world use more oil while supply…

World Bank, IMF to improve tax system in developing countries

The World Bank and the International Monetary Fund (IMF) have said they would establish an initiative to help developing countries…

Ex-NUATE Boss Blames NNPC For Persistent Fuel Scarcity

Kayode Aponmade The former Chairman of National Union Of Air Transport Employees (NUATE) NAHCO, MMIA, Ikeja chapter, Comrade Sunday Akintunde…

Shell Collaboration: 27 Nigerian, British firms agree partnerships

Jethro Ibileke/Benin A total of 27 partnerships have been agreed by Nigerian and British companies under the auspices of the…

NEMSA to sanction companies that fail to comply with safety standards

Peter Ewezor, the Managing Director, Nigerian Electricity Management Services Agency (NEMSA), says companies that fail to comply with safety standards…
Tinubu

Subscribers applaud Glo over free minute call offer

Globacom has received kudos for its “one free minute call” offer to subscribers for three minute-call they make in the…

Nigeria active telecoms subscribers now 146m – NCC

The Nigerian Communications Commission (NCC) on Sunday said the active lines in the nation’s telecommunications industry stood at 146,561,744 in…

Osinbajo, others list values for business success

The Vice-President, Prof. Yemi Osinbajo, on Saturday in Lagos told youths in Africa to imbibe the culture of integrity and…

Buhari to Nigerians: Get ready to patronise “Made In Nigeria” products

President Muhammadu Buhari has hinted that Nigerians get ready to patronise products made in the country after he pledged that…

GTBank named Best Bank in Nigeria at Euromoney Awards

Guaranty Trust Bank Plc, one of Africa’s leading financial institution has once again reaffirmed its position as a global brand…

Telecoms Companies, Research Orgs. Join Forces

A group of 16 leading players in the field of telecommunications are joining forces to advance the development of a…

Nigeria’s Electricity Reforms Too Ambitious –Report

The Nigerian government’s ambitions for improving electricity supplies are “not remotely realistic”, a report by experts advising the presidency says,…

Nigeria issues N50bn Treasury bills

Nigeria issued 50.4 billion naira of Treasury bills on Wednesday and priced the six-month paper 18 basis points lower than…

NCC set to empower law enforcement agencies to intercept communication

Nigerian Communications Commission (NCC) said it was putting legal and regulatory framework in place to give law enforcement agencies, the…

I’ve ordered immediate intervention to help local industries – Buhari

President Muhammadu Buhari has ordered immediate intervention in the textile, mining and agro-based industries in a bid to increase employment…

Ambode Meets Investors, Banks

Kazeem Ugbodaga In a bid to shore up investment for Lagos State, Governor Akinwunmi Ambode, has met with international investors…

Jonathan ordered me to withdraw $2bn from ECA to pay fuel subsidy – Okonjo-Iweala

Ayorinde Oluokun/Abuja Dr. Ngozi Okonjo Iweala, Nigeria’s former minister of finance said on Tuesday night that the $2 billion she…

Buhari advised to overhaul Nigerian oil sector, increase debt

Advisors to Nigerian President, Muhammadu Buhari have recommended a root and branch overhaul of Africa’s biggest oil industry and increased…
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