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Business

Gas scarcity hinders electricity supply – BPE

The Director-General of Bureau of Public Enterprises (BPE), Benjamin Dikki, said on Thursday that scarcity of gas supply was impeding…

NSE Market Capitalisation dips by N37bn

Activities at the Nigerian Stock Exchange (NSE) on Thursday closed on a downward trend after three consecutive days of equity…

Renewable energy: EU supports Nigeria with N3.4b

The European Union on Thursday said it had given more than N3.4 billion grant to boost renewable energy in Nigeria…

BPE Lauds IKEDC Over Transformation Process

The Director General of Bureau of Public Enterprises (BPE), Benjamin Dikki on Wednesday lauded Ikeja Electricity Distribution Company (IKEDC) over…

NNPC to begin oil bunkering in October

The Nigeria National Petroleum Corporation (NNPC) said it had concluded plans to go into oil bunkering business to boost its…

NAFDAC Ordered To Pay FG N1.4b

The Fiscal Responsibility Commission (FRC) on Wednesday directed the National Agency for Food and Drug Administration and Control (NAFDAC) to…

Airtel Unveils Affordable Roaming Bundles

Airtel Nigeria, has introduced a unique roaming package that will empower telecoms consumers to connect with business associates, friends and…

UBA Launches Salary Advance Credit Card For Workers

United Bank for Africa (UBA) Plc, has announced the introduction of a new product “U-Advance Card,” a payment card that…

MultiChoice Promises More Premium Content

Subscribers to the services of leading pay-TV provider, MultiChoice, have been assured of continuous access to premium content. In addition,…

What To Do When Your Email Is Hacked

Henry Ojelu The story is very familiar. You get a mail from a friend telling you that he is stranded…

Mercedes Actros Is Fleet Truck Of The Year

The Mercedes-Benz New Actros has been voted ‘Fleet Truck of the Year’ at the prestigious Motor Transport Awards 2014. Announced…

KIA Appoints Basketmouth As Ambassador

There is no gainsaying the fact that Bright Okpocha, ‘Basketmouth’, is widely considered as one of the nation’s most engaging…

Airtel, CWG Partner On NgREN

Daniels Ekugo One of the leading telecommunications services providers, Airtel Nigeria, has entered into a strategic partnership with Computer Warehouse…

Nokia XL Offers Nigerians New Android Experience

Since the Microsoft-Nokia acquisition was finalised three months ago, Microsoft has started rolling out phones on Android in Nigeria. Nokia XL was launched recently and…

Mouka Unveils Instant Win Promo

Daniels Ekugo In furtherance to promoting wellness, a healthy sleep life and appreciating its loyal consumers, Mouka Limited, leading foam…

Pharma giant Novartis says profits soared

Swiss pharmaceutical giant Novartis said Thursday its net profits for the first half had shot up by 13 percent and…

Tech enhanced food crops cannot cause cancer

The National Root Crops Research Institute (NRCRI) on Wednesday described as untrue assertions by non-scientists that technologically-enhanced food crops could…

BlackBerry stock falls after Apple-IBM deal

Blackberry stock fell sharply on Wednesday, one day after the announcement of a landmark deal between rivals Apple and IBM…

S.Africa metals strike hits auto, building industries

A major strike by South African engineering and metal workers, which has already hit the vital auto manufacturing sector, is…

Police fire teargas to disperse protesters at Lagos Airport

By Simon Ateba Police fired teargas on Wednesday to disperse protesters at the cargo area of the Murtala Muhammed International…
Scene of a plane crash

Crash survivor, Associated Airlines at war over compensation

Simon Ateba/Lagos Associated Aviation Airlines, whose plane crashed in Lagos, southwest Nigeria, on 3 October 2013, killing 16 people, and…

Overland begins Abuja-Dutse flights

Simon Ateba Overland Airways, on Tuesday 15 July, announced the commencement of scheduled flight operations from Nnamdi Azikiwe International Airport…

Dana appoints Spanoghe as head of Safety and Quality Assurance

Simon Ateba Dana Air on Monday 14 July appointed Louis Spanoghe as its Head of Safety and Quality Assurance as…

Judiciary Workers’ Strike Cripples Lagos Courts

Henry Ojelu Lawyers and litigants were refused entry into Lagos court premises Monday as  Judiciary Staff Union of Nigeria, JUSUN,…

Citigroup to pay $7 bn to settle US mortgage suits

Citigroup said Monday that it will pay $7 billion to settle allegations that it misled investors in its sale of…

Manchester United announces £750 million Adidas deal

English Premier League giants Manchester United on Monday announced a ten-year kit deal with German sportswear group Adidas worth £750…

Samsung finds ‘evidence’ of child labour at China plant

Samsung said Monday it temporarily suspended business with one of its suppliers in China over the suspected use of child…

Port Harcourt to experience 10 days power cut

The Port Harcourt Electricity Distribution Company (PHED), on Sunday, announced that it would cut power supply to Port Harcourt between…

Lagos to create jobs, generate revenue from ceramic

The Lagos State Ministry of Energy and Mineral Resources says it is considering the utilisation of clay and local raw…

NDIC says no plan to liquidate insurance companies

The Nigeria Deposit Insurance Corporation (NDIC) said in Abuja on Saturday 12 July that it had no plan to liquidate…
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