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NBC, Coca-Cola not aware of violation of Consumer Protection Act

Nigeria Bottling Company, Coca-Cola and its chief executives have denied media reports that it was sued to court over violation…

Nigerian Stock Exchange becomes member of World Federation of Exchanges

The Nigerian Stock Exchange (NSE), today, announced that it received a unanimous vote for admission as a full member in…

Senate to adopt $78 oil benchmark for 2015 fiscal year

The Senate is set to adopt the proposed $78 as the country’s oil price benchmark for 2015 fiscal year. The…

Nigeria: German killed, another abducted by gunmen

Gunmen have opened fire on two vehicles carrying German nationals in southwest Nigeria, with one killed at the scene and…

FG May Sack Workers, Says Okonjo-Iweala

Ayorinde Oluokun/Abuja The Federal Government may be forced to embark on cost cutting measures like retrenching workers in some of…

Nigeria sues Coca-Cola for quality violations

Nnamdi Felix / Abuja In an unprecedented move to compel businesses operating in Nigeria to comply with the provisions of…

Uzoma Dozie is new GMD/CEO of Diamond Bank

The Board of Directors of Diamond Bank has announced the resignation of Dr Alex Otti effective October 30th 2014 and…

Domesticated Grasscutter: Too Natural To Be Neglected

Inadequate regional food supplies, diminishing quality of health and increasing environmental deterioration are the three key underlying problems affecting the…

Jonathan’s transformation agenda thrives on science, technology – Minister

Dr Abdul Bulama, the Minister of Science and Technology, on Friday, said President Goodluck Jonathan’s transformation agenda heavily relied on…

17 ships containing rice, palm oil expected at Lagos ports

Seventeen ships carrying food items like rice, crude palm oil, bulk wheat, bulk sugar, frozen fish, bulk soya bean and…

Revenue Allocation: Amaechi accuses Okonjo-Iweala, FG of massive corruption

Okafor Ofiebor/Port Harcourt Rivers state governor, Chibuike Amaechi, has accused the federal government of massive corruption and inability to draw…

Dana Air rewards guests with iPhones

By Simon Ateba Three loyal passengers of Dana Air have won iPhone 5s, the airline said in a statement on…

Power Nigeria Exhibition To Open In Lagos

Power Nigeria, one of Nigeria’s leading power exhibitions dedicated to the burgeoning African power industry, opens in Lagos on 28…

Electrical fault responsible for fire at MMIA

A fire incident that occurred at the Murtala Muhammed International Airport (MMIA) Lagos on Thursday has been traced to an…

Smokes at Lagos International Airport

By Simon Ateba Smoke was sighted at Lagos International Airport on Thursday, triggering fears of a fire incident. “There was…

Unilever says 3Q sales dip, blames China slowdown

Dutch food and cosmetics giant Unilever on Thursday posted a third quarter drop in sales down 2.0 percent, blaming a…

New Kano airport terminal will boost commerce, says FAAN

By Simon Ateba The construction of a new terminal at the Mallam Aminu Kano International Airport will boost commercial activities…

Wiko, Europe’s fastest growing phone, launches in Nigeria

After establishing a strong market position in Europe in just three years and reaching the number two position in France,…

Reps probe delay of N3.7trn refinery projects

The House of Representatives on Wednesday mandated its Committee on Petroleum Resources (Downstream) to investigate the delay in the commencement…

Glo Mobile Money Network Excites Traders

As the Glo Xchange train moves around the country, traders in Imo, Benue, Niger, Plateau and Kogi states have joined…

Nigeria spends N796bn on fuelling generators, says Expert

Jethro Ibileke/Benin An estimated sum of N796.4 billion is spent annually on fuel to power electric generators in Nigeria. Godfrey…

South African inflation dips to 5.9%

South African inflation slowed to 5.9 percent last month from 6.4 percent in August, falling to within the central bank’s…

Okonjo-Iweala: FG pumps $14.1bn to support real sector

The Minister of Finance, Dr Ngozi Okonjo-Iweala, says the Federal Government has moblised 14.1 billion dollars to support the real…

Nigeria is not broke – Okonjo-Iweala

The Minister of Finance, Dr Ngozi Okonjo–Iweala, has assured Nigerians that the economy is growing positively in spite of the…

NSE market indicators up by 0.29 per cent

Transactions on the Nigerian Stock Exchange (NSE) ended on impressive note on Tuesday with the market capitalisation appreciating by N37…

More hackers targeting mobile phones to get bank info

Hackers are increasingly targeting mobile phones to get into bank accounts of victims and steal money, security researchers said Tuesday.…

Arik Air joins forces with Sickle Cell Foundation Nigeria

By Simon Ateba Arik Air said on Tuesday it has joined forces with the Sickle Cell Foundation Nigeria to combat…

Air Peace is Nigeria’s latest airline

By Simon Ateba Air Peace, Nigeria’s latest airline, was launched on Tuesday with seven aircraft and a promise to provide…

Death of Total CEO crashes stock market

Shares in French oil major Total fell by 1.37 percent on the Paris stock market on Tuesday following the death…

Diezani N10bn Probe: Court grants minister’s application to amend suit

An Abuja Federal High court on Monday granted an order to amend a suit seeking to challenge the legality of…
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