Business Archives - Page 338 of 483

Business

Lagos, Port Harcourt hit by bird flu

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11 years ago

Thousands of chickens have been culled in southern Nigeria after the discovery of bird flu in some poultry farms, the…

Another Naira Devaluation Looms

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11 years ago

Nigeria’s naira hit record lows against the dollar on Monday before central bank decisions that analysts say may include the…

Taraba assembly approves N2bn loan for MSME development

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11 years ago

The Taraba House of Assembly on Tuesday approved the request by the state government to obtain a N2 billion loan…

Filling stations defy FG directive on N87 pump price

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11 years ago

Filling stations in Sokoto and its environs have continued to retain the N97 old pump price of petrol, contrary to…

Oil prices tumble further in Asia

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11 years ago

Oil prices tumbled further in Asia Tuesday, with weak global demand and an oversupply dictating the trend for the commodity,…

Nigerian Air Traffic Controllers Call Off Strike Action

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11 years ago

By Simon Ateba The Nigerian Air Traffic Controllers under the aegis of Nigerian Air Traffic Controllers Association (NATCA) have called…

Petrol Price: Oando Filling Station Sealed Over Non Compliance

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11 years ago

Jethro Ibileke/Benin An Oando filling station in Benin, on Monday, came under the sledge hammer of Edo State Petroleum Monitoring…

Chinese firm cancels contract over PDP outdoor advert

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11 years ago

Chinese Telecoms services giant Huawei has cancelled its street lamp pole outdoor contract, with Lagos based outdoor advertising agency Touchpoint…

Petrol Price: DPR threatens to punish erring filling stations

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11 years ago

The Department of Petroleum Resources (DPR) on Monday urged all filling stations to adjust their pump price per litre of…

Reuters: Another Naira devaluation looms

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11 years ago

*Nigeria’s Foreign reserves drop 20 per cent, year-on-year *Naira plunges to N191.85 to dollar, worst official level in history Nigeria’s…

Ecobank to appeal $15million court award to ex-CEO

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11 years ago

Ecobank Transnational Inc will appeal a ruling by a commercial court in Ivory Coast that the pan-African bank must pay…

Group wants petrol price cut to N65

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11 years ago

A human rights organisation in Nigeria – Committee for Democracy and Rights of the People (CDRP) has questioned the economic…

Oil prices still edge lower in Asia

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11 years ago

Oil prices edged lower in Asia on Monday as a rally late last week fizzled out, owing to lingering concerns…

OXfam: World’s richest one percent richer than 99% next year

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11 years ago

Wealth accumulated by the richest one percent will exceed that of the other 99 percent in 2016, the Oxfam charity…

NNPC moves to crash kerosene price nationwide

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) has initiated a scheme aimed at getting kerosene to consumers across the country at…

FG reduces petrol pump price by N10

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11 years ago

The Federal Government has announced the reduction of the fuel price of petrol from N97 per litre to N87 per…

Kano sets up committee to checkmate bird flu

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11 years ago

Kano State Government has set up a committee to checkmate the outbreak of bird flu in some parts of the…

FG has so far spent N10bn on 2nd Niger Bridge, says Jonathan

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11 years ago

President Goodluck Jonathan said the Federal Government has spent N10 billion on construction of the 2nd Niger Bridge out of…

Swiss franc surge leaves currency brokers in tatters, banks in heavy losses

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11 years ago

by Roland JACKSON/AFP The surprise surge in the Swiss franc left currency brokers and banks worldwide licking their wounds on…

ECOBank to pay ex-CEO $15million in damages

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11 years ago

An Ivory Coast commercial court has ordered Ecobank Transnational Inc (ETI) to pay $15 million in damages to former chief…

Fashola set to move tank farms from Apapa to Lekki

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11 years ago

Governor Babatunde Fashola of Lagos State on Friday said that his administration had concluded plans to relocate all tank farms…

Wheat production to reach 1.5m tonnes by 2017

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11 years ago

The Federal Government, through the Wheat Value Chain (WVC), is to increase national wheat production from the current 100,000 tonnes…

FG to inaugurate over 1 million prepayment meters

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11 years ago

The Minister of Power, Prof. Chinedu Nebo, on Thursday in Abuja said that the Federal Government would soon inaugurate over…

FG to construct 75MW gas turbines to boost refinery operations

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11 years ago

The Federal Government said it planned to construct three 25 megawatts gas turbines at Port Harcourt Refining Company Limited (PHRC)…

Reps to probe N3.4bn monthly payment to Ajaokuta Steel

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11 years ago

The House of Representatives has mandated its Committee on Steel to probe the N3.4 billion being spent as monthly salaries…

Blackberry, Samsung deny takeover report

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11 years ago

Canadian smartphone maker BlackBerry’s shares jumped then fell back Wednesday amid rumors of takeover talks with South Korea’s Samsung, which…

FG urged to refloat National Shipping Line

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11 years ago

A marine engineer, Mr Alex Peters, on Wednesday urged the Federal Government to facilitate the re-establishment of a national shipping…

Tax tribunal adjourns N65m suit filed against FIRS

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11 years ago

The Tax Appeal Tribunal, Abuja, has adjourned hearing till February 5 the suit filed by Gazprom Oil and Gas Nigeria…

48-hr cargo clearance possible, says Customs agent

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11 years ago

A Licensed Customs Agent, Mr Dayo Azeez, on Wednesday said that cargoes could leave Nigerian ports within 48 hours if…

Coca-Cola Launches ‘Share A Coke’ Campaign

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11 years ago

Coca-Cola Nigeria has launched the popular Share a Coke campaign in the country. For the first time in Nigeria, Coca-Cola…

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