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Business

SMEs driving innovation in Nigeria – GE Report

Innovation is one of key ingredient needed to excel in business and stay ahead of competition. In Nigeria, Small and…

Nigeria loses over N540.3bn to smuggling of poultry products

The Poultry Association of Nigeria (PAN) says Nigeria is losing about 2.75 billion dollars (N540.38 billion equivalent) through smuggling of…

Make public Excess Crude Account, CACOL dares Okonjo-Iweala

Eromosele Ebhomele The Coalition Against Corrupt Leaders, CACOL, on Wednesday dared the Minister of Finance and Coordinating Minister of the…

PENGASSAN To Shut Down Oil Well

Nigerian oil workers will go on strike to halt a small field if the government does not meet with them…

Court Stops Jonathan From Signing Oil and Gas Bill

Akin Kuponiyi A Lagos Federal High Court, on Tuesday, restrained President Goodluck Ebele Jonathan, from assenting to the bill for…

Amaechi got part of missing $20bn, Okonjo-Iweala fires back

Nigeria’s Finance Minister, Dr Ngozi Okonjo-Iweala has suggested that Rivers state governor, Rotimi Amaechi got a piece of the missing…

PENGASSAN to shut down oil well

Nigerian oil workers will go on strike to halt a small field if the government does not meet with them…

Globacom out with Mobile Rhapsody

Nigeria’s national carrier, Globacom, has said that the newly launched Rhapsody of Realities, a daily devotional mobile service on its…

Gas Project: EFCC narrates how suspect squandered N2bn

Afanda Bashir Emmanuel, the first prosecution witness in the ongoing trial of Chidi David Adabanya and 11 others by the…

Account For $20b Oil Fund Govs Tell Okonjo-Iweala

Rising from their four-hour meeting at the Transcorp Hilton Hotel, Abuja on Tuesday, governors under the aegies of The Nigeria…

Buhari meets petrol marketers over fuel scarcity

Nigeria’s president-elect, Muhammadu Buhari may have been holding discrete talks with petrol importers on how to resolve the lingering scarcity…

Petrol tanker drivers lament over Apapa quit order

The National Union of Petroleum Tanker Drivers (PTD) on Monday said that the Lagos State Government vacation order to its…

Jonathan appoints Hassan-Baba as new executive secretary of NIPC

President Goodluck Ebele Jonathan has approved the appointment of Mrs. Uju Aisha Hassan-Baba, as the new Executive Secretary/Chief Executive of…

Shell reopens Bonny Light crude export pipeline

LONDON (Reuters) Shell reopened on May 16 the Trans Nigeria pipeline that feeds Bonny Light crude oil to the export…

80% of Nigerians do not pay tax

Eighty per cent of taxable Nigerians do not have a taxpayer identification number and are therefore not paying taxes, the…

BPE begins process of privatising Bank of Industry

Rasheed Olaoluwa, the Managing Director, Bank of Industry (BoI), on Saturday said the Bureau of Public Enterprises had opened bidding…

Seplat did not benefit from improper tax waivers – CEO

Seplat Petroleum Development Company Plc has responded to recent press coverage suggesting that the Company benefitted from improper tax waivers…

Don’t label Nigerian products as Made-In-Asia, Manufacturers lament

Some manufacturers and experts on Thursday in Lagos decried the trend of labeling Nigerian goods as made-in-Asia or made-in-China. They…

Okonjo-Iweala terminates SURE-P partnership with Forcecom

Minister of Finance Ngozi Okonjo-Iwela, has directed the immediate termination of the partnership with FORCECOM Networks Ltd., on the Graduate…

FG harmonises tax, levies nationwide, says Okonjo-Iweala

The Federal Government on Thursday heeded the appeals of the organised private sector (OPS) with the harmonisation of various governments…

N2.5bn: Skye Bank takes case against Tuns Farm to Supreme Court

The drama between Skye Bank and Tuns Farm Nigeria Plc has taken a new turn. The commercial bank has approached…

Emir Sanusi reiterates that NNPC diverted billions of dollars

The man who blew open the corruption saga that rocked the Nigerian National Petroleum Corporation (NNPC), Emir Muhammed Sanusi, has…

Appeal Court orders Skye Bank to pay Osogbo firm N2.5bn

The Federal Court of Appeal sitting in Akure, on Tuesday upheld an earlier judgment by an Osun state High Court…

Revive Ajaokuta steel, Itakpe iron, Geoscientists tell Buhari

Nigeria’s president-elect, Muhammadu Buhari has been called upon to revive Ajaokuta Steel and Itakpe National Iron Ore Mining Companies when…

Fashola commissions N1bn recycling plant in Igando

Governor Babatunde Fashola of Lagos State on Tuesday inaugurated a N1bn material recovery facility in Igando, designed to convert waste…

Don Jazzy, Mavins set to join Glo in multi-million naira deal

In a move set to rock the corporate and entertainment world, Don Jazzy and the Mavins look set to ‘port’…

Universal Energy commence crude oil production at Stubb Creek

Universal Energy Resources Limited has announced commencement of crude oil production from its Stubb Creek Field in Akwa Ibom state,…

MTN Foundation spends N11bn on CSR in 10 years

The Chairman of MTN Foundation (MTNF), Mr Hamzat Ahmadu, on Monday said that the foundation had spent over N11 billion…

I’ll focus on agriculture, mining, not crude oil – Buhari

Nigeria’s president-elect, General Muhammadu Buhari, on Sunday in Abuja said he would shift attention from oil to agricultural and mining…

83m subscribers use internet on Nigeria’s telecom networks – NCC

The Nigerian Communications Commission (NCC) says the number of internet users on the country’s telecom networks increased to 83,362,814 as…
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