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Business

Canada’s Encana agrees to buy Texas oil for $7.1 bn

Canadian energy company Encana on Monday said it has agreed to buy Texas’s Athlon Energy for $7.1 billion, in a…

Arik Air Resumes Flights To Banjul After Ebola

Simon Ateba/Lagos Arik Air, Nigeria’s largest commercial carrier is resuming flight services to Banjul, Gambia, the airline said in a…

IGI boss, Remi Olowude is dead

Remi Olowude, Executive Vice Chairman, Industry and General Insurance Plc is dead at the age of 63. Olowude, a staunch…

Kenya commends Nigeria for boosting its agric policies

Mrs Dorcas Makwoi, the focal person, Comprehensive Africa Agricultural Development Programme (CAADP), Kenya, has commended Nigeria’s Agriculture Minister, Dr Akinwunmi…

Governors of NDDC states to tackle poor funding of the commission

Jethro Ibileke/Asaba The Advisory Council Niger Delta Development Commission (NDDC) has resolved to urgently address the funding challenges facing the…

Funding, militancy, delay completion of East-West Road

Jethro Ibileke/Benin C‎hallenges ranging from unpaid mobilisation fee, youth militancy and difficult terrain have been cited as among reasons delaying…

Boko Haram dims hopes of crude oil exploration in the north

Social and economic development has long been touted as the way to revive the fortunes of Nigeria’s impoverished north and…

Inventor of World Wide Web warns of threat to internet

The British inventor of the World Wide Web warned on Saturday that the freedom of the internet is under threat…

S.Africa gives Cuba $31 million economic aid

South Africa has agreed to provide Cuba with more than $30 million in “economic assistance”, Trade and Industry Minister Rob…

We’ll not condone environmental depletion – Ogun govt.

Abiodun Onafuye/Abeokuta Ogun State government has declared that it will not condone any industrialists whose activities pose a threat to…

World Bank approves $500m for SME in Nigeria

The Board of Executive Directors of the World Bank has approved 500-million-dollar credit for Medium and Small Scale Enterprises in…

Ogun to construct N200bn mega city – Amosun

Governor Ibikunle Amosun of Ogun on Friday said the state government had concluded plans to construct a mega city that…

NSE market indices record growth

Weekly transactions on the Nigerian Stock Exchange (NSE) closed upward on Friday as the market indicators appreciated marginally by 0.10…

Glo Xchange Town Hall Meeting Enters 4th Week

The Glo Xchange mobile money training sessions being held across the country for prospective agents has entered the fourth week,…

Nigeria passes test to continue ‎US flights

By Simon Ateba Nigerian planes are safe and will continue ‎to fly directly to the United States, the American Federal…

NDIC pays N93.6bn to depositors as liquidation dividend

Alhaji Umaru Ibrahim, Managing Director, Nigeria Deposit Insurance Corporation (NDIC), has said that the agency has paid N93.64 billion liquidation…

EU, UN Unite Against Drug Trafficking In Nigeria

Simon Ateba The European Union, EU, and the United Nations, UN, will continue to support the fight against drug trafficking…

World Bank adds $170 mn to fight Ebola

The World Bank boosted its aid to the campaign against the deadly Ebola outbreak in West Africa on Thursday, adding…

Apple acknowledges bug in iPhone software, offers fix

Apple Thursday acknowledged a bug in its iPhone software update that caused users to lose cellular service, offering a temporary…

2015: Elections will not deplete our finances – Emefiele

The governor of the Central Bank Governor (CBN), Godwin Emefiele, has said the 2015 general elections would not deplete the…

Abuja light rail to be completed Oct. 2015

The Minister of the Federal Capital Territory (FCT), Malam Bala Mohammed, has said that the ongoing Abuja Light Rail project…

Dangote lauds NSE’s significant growth in 2013

The President of the Nigerian Stock Exchange (NSE), Alhaji Aliko Dangote, on Wednesday said that the NSE recorded significant progress…

Google, Microsoft, For BrowseDotCom Confab

BrowseDotCom, a web marketing company has announced the date for the second edition of their annual conference, BrowseDotCom Conference 2014.…
SMEDAN, Microsoft Nigeria train 500 market men, women and youths in Ogun on how they can use Artificial Intelligence to boost their businesses.

SMEs Laud Globacom’s Partnership With SMEDAN

A cross section of Business Member Organisations under the aegis of Small and Medium Enterprises Development Agency of Nigeria has…

N25.7bn theft: Power outage stalls Atuche’s trial

Power outage at the premises of the Ikeja High Court on Wednesday stalled the trial of a former Managing Director…

Develop oil-rich Tongeji Island, Amosun tells FG

Governor Ibikunle Amosun of Ogun state has urged the Federal Government to develop the oil-rich Tongeji Island, which shares boundary…

Game On: Samsung launches Note 4 ‘phablet’ to rival Apple

South Korea’s Samsung launched the latest version of its oversized Galaxy Note smartphone earlier than expected Wednesday after US rival…

Edo budgets N157bn For 2015 fiscal year

Jethro Ibileke/Benin ‎ Governor Adams Oshiomhole of Edo state on Tuesday presented a budget estimate of N156.551 billion for the…

Nigeria records 85 per cent employment in 6 months – NBS

The National Bureau of Statistics (NBS) says Nigeria recorded 85 per cent employment in the first half of 2014. This…

CBN lists challenges to electronic payment system

The Central Bank of Nigeria (CBN) has named weak risk management framework and security issues among the major challenges affecting…
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