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Business

Oando Sells 60% Of Downstream Business For $276m

Nigeria’s Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners…

$2.1bn: Okonjo-Iweala might answer for missing funds

The immediate past Minister of Finance, Dr Ngozi Okonjo-Iweala might be called upon sooner rather than later to answer for…

Why Programmes Are Repeated On Pay-TV

SPONSORED Around the world, pay-TV audiences sometimes complain about programme re-runs, preferring to be served fresh content every time. Legitimate…

Facebook opens first African office in Johannesburg

Facebook has opened its first office in Africa to further the company’s commitment to help businesses connect with people and…

FG appoints Ladan to oversee DPR

The Federal Government has appointed Mordecai Danteni Ladan, to oversee the activities of the Department of Petroleum Resources (DPR), a…

Electricity: Buhari promises completion, rehabilitation of hydro-power projects

President Muhammadu Buhari on Monday in Abuja reaffirmed that his administration will give the highest possible priority to the rapid…
Godwin Emefiele, CBN Governo

Extend BVN deadline, bank customers tell CBN

Bank customers in Pankshin, Plateau, on Monday called for the extension of the deadline for the ongoing Bank Verification Number…

Customs expects N10bn from detained textiles in Kano

Ayorinde Oluokun/Abuja The Nigeria Customs Service has commenced assessment of Customs duty and other charges on textile materials currently in…

Forte Oil Signs $83m Contract With Siemens

Nigerian energy firm Forte Oil said on Monday it had signed an $83 million contract with Siemens to upgrade its…

Agip Fire Halts 20k bpd Production –ENI

A fire at two crude oil storage tanks at Agip’s Ebocha plant in Nigeria’s Rivers State has shut down production…

Ndigbo hails FG for lifting ban on importation of textile, furniture products

A group, Ndigbo Cultural Society of Nigeria (NCSN), on Sunday commended the Federal Government for the decision to lift ban…

Projects abandoned by Nigeria govts worth N12trn – CIPPMN

The Chartered Institute of Project Programme and Project Portfolio Management of Nigeria (CIPPPMN) has said that the projects abandoned by…

Dangote to spend $250m on rice, sugarcane production in Jigawa

Alhaji Aliko Dangote, the Chairman, Dangote Group of Companies, is to spend 250 million dollars on the production of rice…

JiJi.ng: Free marketplace board in Nigeria

SPONSORED A bulletin board – a universal platform, the content of which is a set of commercial ads and/or non-commercial…

Freight forwarders set agenda for Buhari govt

Josephine Odum-John Freight forwarders’ under the aegis of Association of Nigerian Licensed Customs Agents (ANLCA) have come out with a…

Buhari dissolves NNPC Board

President Muhammadu Buhari of Nigeria has dissolved the board of the Nigerian National Petroleum Corporation, NNPC. In a statement signed…

Airbag Deaths: Toyota, Nissan Recall Over 3m Cars Globally

Daniels Ekugo/with agency report Motorists in Nigeria should be concerned as Toyota and Nissan, Japan’s two top automakers, have expanded…

BATNF Boosts Farming In Kaduna

By Daniels Ekugo In yet another strategic move to consolidate and sustain its agricultural interventions, British American Tobacco Nigeria Foundation…

Kano govt approves N2bn to procure fertiliser

The Kano State Government said it has approved N2billion for the procurement of 50,000 metric tons of fertiliser for 2015…

BGL Group loses N48bn shareholders’ fund – Forensic Report

The Securities and Exchange Commission (SEC) on Thursday said that preliminary report of forensic auditors on BGL Group Plc revealed…

Rivers State most hospitable, lucrative for investment – Wike

Governor Nyesom Wike of Rivers has stated categorically that the state “is investors haven as it is the most hospitable…

S.Africa boost operations with Nigeria, sets up visa office in PH

The South African High Commissioner to Nigeria, Mr Louis Mngani, says visa office established in Port Harcourt is to boost…

Buhari appoints Ahmed Idris as AGF

President Muhammadu Buhari on Thursday approved the appointment of Alhaji Ahmed Idris as the new Accountant General of the Federation…

Kashamu Flees From Abuja Flight

Prince Buruji Kashamu, the Ogun east senator, wanted in the United States, may appear to be a tough guy, mounting…

NLNG pays $1.6bn dividend to Buhari government

Nigeria Liquefied Natural Gas Company Limited (NLNG), a joint venture between the government and foreign oil majors, has paid a…

Farmers urge FG to continue e-wallet system

The President Etche Farmers Cooperative Union, Godwin Akandu, on Tuesday urged the Federal Government to continue with the e-wallet system…

FAAC: FG, States, LGs share N409.3bn for May

The Permanent Secretary, Ministry of Finance, Mrs Anastasia Nwaobia, on Tuesday said that N409.3 billion was shared among the Federal,…

Enterprise Bank hackers arraigned

Henry Ojelu The Economic and Financial Crimes Commission (EFCC) arraigned two men for allegedly attempting to hack into the internet…

How Pay-TV Content Is Bought

SPONSORED Pay-Television companies are not always the owners of content they broadcast. Often, pay-TV companies are vendors for content owners,…

National Assembly told to review PIB

Some experts in the Nigerian oil and gas industry on Monday called on the leadership of the new National Assembly…
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