Business

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…

FG Finds 13 Options To Oil Revenue

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11 years ago

Following the recent fall in global oil prices and the setback it portends for the country’s economy, the federal government…

Months After Ebola, Arik resumes flights to Cameroun, Benin

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11 years ago

By Simon Ateba/Ouagadougou ‎Nigeria’s largest airline, Arik Air, said on Wednesday that it is resuming flights to Cameroun and ‎Benin…

Senate confirms Nnanna as CBN Deputy Governor

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11 years ago

The Senate on Tuesday approved the nomination of Dr Joseph Nnanna as Deputy Governor of Central Bank of Nigeria (CBN).…

24 ships petroleum products, foods, arrive Lagos ports

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11 years ago

Twenty-four ships laden with foods, petroleum products and other goods have arrived at Lagos ports, waiting to berth. The Nigerian…

Inflation in Nigeria stands at 8% – NBS

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11 years ago

The National Bureau of Statistics (NBS) on Tuesday said the inflation rate stood at 8.0 per cent in December 2014,…

2015 budget will be passed in good time – Tambuwal

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11 years ago

The Speaker, House of Representatives, Aminu Tambuwal, has assured Nigerians that the House would expedite action in the passage of…

NNPC urges Nigerians to fight pipeline vandalism

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) has called on Nigerians, especially those living in communities close to pipelines, to see…

Petrol, diesel prices: APC urges PDP stop stealing from Nigerians

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11 years ago

The All Progressives Congress has asked the Peoples Democratic Party (PDP) led Federal Government to allow Nigerians enjoy the relief…

SEC appoints Gwarzo as Acting DG

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11 years ago

Mr Munir Gwarzo, the Executive Commissioner, Operations, Securities and Exchange Commission was on Monday, appointed as the acting Director-General of…

OPEC cannot protect oil price, says UAE

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11 years ago

OPEC cannot protect world oil prices which have plunged since June, the United Arab Emirates said on Tuesday, adding that…

Report: Gas tanker runs aground off Nigeria

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11 years ago

A liquefied natural gas (LNG) tanker has run aground off Nigeria after taking on a cargo at the country’s Bonny…

Crude oil prices down further

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11 years ago

Oil prices tumbled again Monday, while most Asian stock markets also retreated after a sell-off in New York at the…

Crude Oil Crash: FG finds 13 alternative revenue to oil, says Aganga

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11 years ago

The Federal Government has marked out 13 National Strategic Export Products meant to replace the petroleum products which prices have…

Arunma Oteh quits as SEC Director-General

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11 years ago

The Securities and Exchange Commission (SEC) on Sunday announced the exit of Ms Arunma Oteh as the commission’s Director-General. The…

Ethiopian Airlines Cargo plane glides off Ghana runway

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11 years ago

An Ethiopian Airlines cargo plane skidded off the tarmac on landing in Ghana’s capital, Accra, on Saturday, the airports authority…

If not for Jonathan’s intervention in agriculture, says PDP

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11 years ago

The Peoples Democratic Party (PDP) on Thursday said that the timely intervention of President Goodluck Jonathan in agriculture had placed…

2015: Nigerians will determine our action in the oil sector – APC

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11 years ago

The All Progressives Congress (APC) has stated that Nigerians will be allowed to determine the decision its government will make…

PIB will address ‘perceived’ anomalies in oil sector, says PDP

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11 years ago

The Peoples Democratic Party (PDP) has said that the Petroleum Industry Bill (PIB), when passed by the National Assembly and…

Customs rakes in N977.09bn revenue in 2014

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11 years ago

The Nigeria Customs Service (NCS) raked in about N977.09 billion revenues in 2014 from its target of N1.2 trillion for…

Nigeria’s foreign reserves hit $34.49 bn

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11 years ago

The Central Bank of Nigeria (CBN) on Wednesday pegged the nation’s foreign exchange reserves at 34.49 billion dollars (N5.74 trillion)…

Nigeria’s Aviation Portal Is Up And Running, Says FAAN

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11 years ago

Simon Ateba The Nigerian aviation portal, where real time information about airlines’ operations and services in the country can be…

Please use the self-help lines, ALTON advises Nigerians

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11 years ago

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Wednesday advised subscribers to use self-help lines provided by the…

Nigeria in deep financial trouble, Brent oil falls under $50

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11 years ago

*Oil may even slide to $40 in coming weeks, say analysts Nigeria may be in for a terrible financial quagmire…

Nigerians paying N17 more for petrol

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11 years ago

Nigerians are paying N17 extra on petrol per litre, with crude oil selling below $52 a barrel at the international…

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