Business

DPR to destroy 150 illegal petrol stations in Akwa Ibom

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11 years ago

Asuquo Antai, Controller of Operations, Department of Petroleum Resources (DPR), said on Thursday the organisation would begin to demolish over…

Ambode meets Dangote, promises to attract more investors to Lagos

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11 years ago

Governor Akinwunmi Ambode of Lagos State on Wednesday said his administration was willing and ready to make investors have comfortable…

FG to partner ILO to improve working conditions

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11 years ago

The Federal Government on Wednesday, said that it would partner with the International Labour Organisation (ILO) toward strengthening the ongoing…

Reconciliation continues over non-remittance of $11.6bn NLNG dividends – NNPC

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said reconciliation was still ongoing with Inter-Ministerial Team on the alleged non-remittance…

Nigerian energy company set to win Access Infra Africa $5m prize

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11 years ago

Quaint Global Energy Solutions, a Nigerian-based company has been shortlisted along with Flatbush Solar, Cameroon; ADA Solar Energy, Ghana and…

Why Your TV Signals Are Affected By Rain

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11 years ago

Adverse weather conditions have been known to affect the quality of the satellite television signal reception. This is popularly called…

GE bags 2 awards after Shell partnership

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11 years ago

General Electric received two prestigious awards from Africa Investor (Ai) in recognition of the company’s significant contributions towards Africa’s infrastructure…

Ayeyemi named new CEO of Ecobank

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11 years ago

Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Ade Ayeyemi as its new Group…

Nigeria, India trade volume hits $16.36bn

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11 years ago

The Indian High Commissioner to Nigeria, Amb. Ajjampur Ghanashyam, said on Saturday that the bilateral trade volume between India and…

Leaky tax administration to cost Nigeria, others $56bn

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11 years ago

DAKAR, (Reuters) – Leaky tax administration could result in the loss of an estimated $56 billion dollars for West African…

Oil prices rise after OPEC keeps low output target

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11 years ago

Oil prices rose on Friday, breaking a two-day losing streak, after OPEC ministers kept their existing oil production target for…

Etisalat sells 85% stake in Tanzania’s Zantel

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11 years ago

United Arab Emirates telecom operator, Etisalat has agreed to sell its 85 per cent stake in Zanzibar Telecom Limited (Zantel)…

Reps. pass 14 bills, step down oil and gas Act

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11 years ago

The House of Representatives on Thursday passed 14 of the Bills earlier passed by the Senate but stepped down Oil…

FG to focus on agriculture, not oil, says Buhari

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11 years ago

President Muhammadu Buhari on Thursday said the Federal Government would give Agriculture the needed attention as part of effort to…

EFCC charges CBN, Zenith Bank staff for currency fraud

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11 years ago

Three central bank officials and two staffers at Nigeria’s Zenith Bank appeared in court on Thursday to face criminal charges…

House of Reps passes Petroleum Industry Bill

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11 years ago

The House of Representatives on Thursday passed the lingering Petroleum Industry Bill (PIB). The House, after considering an Ad hoc…

NSE market capitalisation drops further by N85bn

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11 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday dropped by N85 billion in a bearish trading. The…

Dangote Cement expands to Ethiopia with $500 million plant

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11 years ago

Ethiopia, (Reuters) – Nigeria’s Dangote Group on Thursday opened a $500 million cement plant in Ethiopia, one of Africa’s fastest-growing…

Nigeria To Benefit From Bill Gates’ $776m Hunger Fund

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11 years ago

Melinda Gates announced on Thursday that she and husband Bill’s foundation will spend $776 million tackling hunger in Nigeria and…

NSE: Market indices down by 0.54%

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11 years ago

Activities at the Nigerian Stock Exchange (NSE) on Wednesday closed negatively with the market indices dropping by 0.54 per cent,…

N4.6bn Scam: Three CBN staff, others land in prison

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11 years ago

Three employees of the Central Bank of Nigeria, CBN and three staff of Wema Bank, were on Wednesday, remanded in…

Unused SIM cards increases to 51.4m in April – NCC

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11 years ago

The Nigerian Communications Commission says unused Subscriber Identity Module (SIM) cards on telecommunication operators’ networks increased from 50,615,202 in March…

Petroleum Ministry: Nigerians Back Buhari’s Move To Take Over Job

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11 years ago

Eromosele Ebhomele Some Nigerians this morning threw their weight behind the plan by President Muhammadu Buhari to be in charge…

Seplat increases investment in gas to boost shareholders value

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11 years ago

Seplat Petroleum Development Company Plc on Tuesday restated its commitment to enhance shareholders value with strategic investment in natural gas…

Increase local refining capacity before deregulation, PENGASSAN tells Buhari

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11 years ago

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on President Muhamadu Buhari to increase local…

CBN executives sent to prison for recycling worn currency

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11 years ago

Six members of staff of the Central Bank of Nigeria, CBN, implicated in an N8billion defaced and mutilated currency recycling…

Pay-Per-View: What You Need To Know

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11 years ago

SPONSORED Pay-per-view (PPV) is a television service through which subscribers can buy events to watch via private telecast. Every subscriber…

EFCC to arraign CBN officials, 16 top bankers for fraudulently recycling N8 billion

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11 years ago

Ayorinde Oluokun/Abuja Five top officials of Central Bank of Nigeria, CBN and 16 other top bankers presently in the net…

AfDB: Okonjo-Iweala behind my success, says Adesina

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11 years ago

Dr Akinwumi Adesina, president-elect, Africa Development Bank (AfDB) has credited his success at the poll to the tireless work of…

AfDB: Amosun Congratulates Adesina

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11 years ago

Abiodun Onafuye/Abeokuta Governor Ibikunle Amosun of Ogun state, Southwest, Nigeria has congratulated former Minister of Agriculture, Akinwunmi Adesina on his…

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