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Business

Heineken rebuffs hostile bid by rival SABMiller

Heineken has rejected a takeover bid by British rival SABMiller after the family-controlled Dutch beer giant said it preferred to…

Chinese firm to establish cassava processing industry

The Coordinator of Fadama 111 Project in Cross River, Mr Bassey Elemi, has said that a Chinese firm will establish…

Akpabio, Uduaghan, Yero to address US Summit

The governors of Akwa Ibom, Delta and Kaduna states have been picked to address young Nigerian professionals in the United…

FG decries continued importation of raw materials

The Minister of Science and Technology, Dr Abdu Bulama, has decried Nigeria’s continued importation of raw materials in spite of…

Hackers rob Nigerian bank of N6.3billion

Nigeria’s Economic and Financial Crimes Commission is on the trail of a group of computer hackers, who had stolen N6.28billion,…

ENI boss questioned for corruption in Nigeria

Claudio Descalzi, chief executive officer of the Italian oil and natural gas company Eni since May 2014 is under investigation…

NDLEA monitors over Nigeria-Brazil air route cocaine smuggling

The Chairman, National Drug Law Enforcement Agency (NDLEA) Alhaji Ahmed Giade, on Friday directed personnel of the agency to closely…

Elumelu Leads Experts To Address Power Challenges

Renown business leader and investment guru Tony Elumelu is heading up a high-level list of power experts who will address…

53 per cent of Abuja Rail project executed – Minister

The Minister of Federal Capital Territory (FCT), Mr Bala Mohammed, has said that 53 per cent of work on Lot…

IIorin Aviation College produces 18 pilots

The International Aviation College, Ilorin, on Thursday, said it had achieved another milestone in the aviation industry in Nigeria by…

Zamfara distributes 200 tricycles to commercial operators

The Zamfara State Government on Thursday distributed 200 tricycles to members of the Amalgamated Commercial Motorcycle Association and WAZOBIA KEKE…

Ebola will savage W. African economies – WHO

The Ebola epidemic could slice more than three percentage points off economic growth in the worst-hit countries of West Africa,…

Lawmaker urges Benue to enforce property laws

David Iorhemba, former Speaker, Benue House of Assembly, wants the state government to commence the implementation of laws on property…

FG trains 140 master bakers on cassava bread in North-Central

The Federal Government has held two-day training for 140 master bakers from North-Central zone on the Inclusion of 20 per…

Enugu govt. approves N465 million for SMEs

The Enugu State Executive Council has approved the payment of N465 million as its counterpart fund for the Small and…

Cross River to inaugurate Nigeria’s first monorail

Ten rail cars expected to power Nigeria’s first operational monorail will be inaugurated in Calabar in March 2015, Mr Bassey…

Lawmaker wants CBN to reverse N65 ATM charge

Mr Kamil Oyedele, Chairman of Osun state House of Assembly Committee on Finance and Appropriation, on Wednesday urged the Central…

Man Utd announces record £433.2m revenue

Despite their on-pitch travails last season, Manchester United on Wednesday announced a 19 percent rise in annual revenue to a…

Apple Charts New Course With Large iPhones, Smartwatch

Apple moved to recapture its role as a tech trend-setter on Tuesday with its highly anticipated first smartwatch and two…

FG cautions against used cell phones, pre-registered SIM

The Federal Government on Tuesday cautioned Nigerians against buying used cell phones and pre-registered SIM cards, saying that they might…

FG urges Fulani community on Almajiri education

The Federal Government on Tuesday urged the Fulani community to take advantage of the free and qualitative education available in…

Tesla says self-driving cars around corner

United States electric car maker Tesla is developing technology that could see vehicles run on “full auto pilot” in as…

Aiico Insurance suffers half year loss

Henry Ojelu Aiico Insurance Plc has suffered a half year loss in profit by 22.60 per cent due to what…

Air Controller cautions on Nigerian airspace privatisation

The Federal Government has been advised to rule out the privatisation of Air Traffic Control (ATC) due to safety issues…

Nigeria GDP appreciates, stands at 6.54% in 2nd quarter

The National Bureau of Statistics (NBS) said on Sunday that the growth rate of real Gross Domestic Product (GDP) stood…

EFCC declares banker wanted over N6.2billion fraud

By Ayorinde Oluokun/Abuja The Economic and Financial Crimes Commission, EFCC has declared a banker, Godswill Oyegwa Oyoyou, an Information Technology…

Anambra’s futures hinge on agriculture – Stella Oduah

Former Minister of Aviation, Princess Stella Oduah, said on Saturday that the economic future of Anambra lay on the development…

NSE: Market capitalisation grows by 0.35%

Activities at the Nigerian Stock Exchange on Friday reversed to the upward trend after downturn in transactions was recorded for…

Osun raises 54000 oil palm seedlings

Wale Adedoyin, Osun Commissioner for Agriculture and Food Security, said on Friday that the government had raised 54,750 improved oil…

Emergency landing shuts Abuja Airport

By Simon Ateba The Abuja international airport has been shut following an emergency landing on the runway, airports sources said…
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