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41 ships laden with foods, petroleum products expected in Lagos

Forty-one ships laden with containers, foods, petroleum products and other goods would arrive Lagos ports from 5 t0 20 January.…

Euro falls to nine-year low against the dollar

The euro fell to a near nine-year low against the dollar in Asia Monday after the head of the European…

Why new technology is getting more personal

New technology is getting more personal. So personal, it is moving to connect and analyze our movements, our health, our…

Oil prices fall further in Asia, Nigeria badly affected

Nigeria will need to review its budget estimate yet again for this year, as oil prices continue to go downwards.…

Boko Haram responsible for Borno blackout – FG

The Minister of State for Power, Alhaji Mohammed Wakil, on Sunday blamed the prolonged power outage in Borno on sabotage…

Improve local refineries, PENGASSAN tells FG

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Sunday urged the Federal Government to demonstrate commitment…

Nigeria, India trade volume hits $17billion

India’s Acting High Commissioner in Nigeria Kaisar Alam on Sunday said the trade volume between Nigeria and India reached 17…

Dangote ranked among most admired, valuable African brands

Henry Ojelu Dangote Industries Limited (DIL) has been ranked among Africa’s top 100 most admired and most valuable brands in…

Lantern causes Bangkok Airways flight cancellation

Bangkok Airways was forced to cancel a flight over the new year period after a traditional fire lantern was found…

Appeal Court Frees Akingbola Of N47.5b Theft Charge

Henry Ojelu The Court of Appeal sitting in Lagos, western Nigeria, has quashed the 22-count charge brought against the former…

Nigerian Breweries completes merger with Consolidated Breweries

The Nigerian Breweries Plc on Wednesday announced the conclusion of its merger with Consolidated Breweries Plc. A statement by the…

NSE: Capital market indices up by .06 per cent

Equity transactions on the Nigerian Stock Exchange (NSE) on Tuesday closed on a bullish note as some blue chips sustained…

SEC approves UBA’s rights issue

The Securities and Exchange Commission (SEC) on Monday approved the proposed rights issue of N13 billion for existing shareholders of…

Nigeria hit as oil trade near five-year low

Almost half of Nigeria’s cargoes due to be exported in January are still available, Reuters has reported, even as oil…

Items resembling slide, plane door seen in AirAsia search

Items resembling an emergency slide, plane door and other objects were spotted in the sea during an aerial search Tuesday…

Skye Bank appoints interim MD for Mainstreet Bank

Nigeria’s Skye Bank Plc says it has appointed Mrs Amaka Onwughalu as interim Managing Director for its new acquisition, the…

Tin Can Island Port trailer park almost completed

Here is cheering news for motorists usually caught up in the perennial gridlock on the Oshodi-Apapa Port expressway. The trailers…

Missing AirAsia jet may be at sea bottom, says Indonesia searcher

Multinational search teams hunted Monday for any sign of an AirAsia plane missing off Indonesia with 162 people on board,…

Nigeria world’s largest producer of yam

A geneticist at the University of Ibadan, Dr Morufat Balogun, on Sunday said Nigeria produced 70 per cent of the…

Libya begs Italy for help on oil tank fire

Libya has called on Italy to send firefighters to prevent a fire spreading out of control at Es Sider, the…

Air Asia plane missing in transit

An AirAsia plane with 161 people on board lost contact with air traffic control en route from Indonesia to Singapore…

$30bn not missing from Excess Crude Accounts, Okonjo blasts Oshiomhole

The Minister of Finance, Dr Ngozi Okonjo-Iweala says 30 billion dollars is not missing from the Excess Crude Account as…

Sony’s PlayStation ‘gradually coming back’ after hack

Sony was still struggling Saturday to fully restore its online PlayStation system, three days after the Christmas day hack that…

FG replaces 48 damaged steel columns on Eko Bridge

Julius Berger Construction Company have replaced all the 48 steel columns of the Eko Bridge damaged by fire in 2008…

NIMASA tasks ship owners on abandoned wrecks

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Friday expressed concern over the failure of ship owners to remove…

China connects remote Xinjiang with high speed train

China tied the restive far-western region of Xinjiang closer to the rest of the country Friday, opening a high-speed rail…

Passengers stranded at Lagos domestic airports

Hundreds of intending passengers were on Thursday stranded at the two domestic Lagos airports over hike in fares by airline…

Glo Seeks Peaceful Christmas, Rejoices With Christians

National Telecoms provider, Globacom, has wished Christians in Nigeria a season full of love, unlimited happiness and celebration. The company…

Citigroup selling its Japan retail bank business

Citigroup said Thursday it was selling its century-old Japanese retail banking operations to major lender Sumitomo Mitsui as part of…

Excess crude account is empty, not shared in 18 months, says Oshiomhole‎

Jethro Ibileke/Benin Governor Adams Oshiomhole of Edo State Wednesday revealed that President Goodluck Jonathan-led federal government has emptied the nation’s…
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