Business Archives - Page 369 of 483

Business

World Bank approves $250 million credit for water projects in Nigeria

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12 years ago

The World Bank said it has approved a credit of 250 million US dollars to help the Nigerian Government continue…

Electricity generation to hit 12,000mw by 2016

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12 years ago

Dr Sam Amadi, Chairman, Nigeria Electricity Regulatory Commission (NERC), has said electricity generation nationwide would hit 12,000 mega watts before…

Marketers urge FG to pay outstanding fuel subsidy claims

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12 years ago

Obafemi Olawore, Executive Secretary, Major Oil Marketers Association of Nigeria, has pleaded with the Federal Government to pay marketers’ subsidy…

Traders want CBN to increase circulation of lower denomination Naira notes

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12 years ago

Some traders in Lagos have appealed to the Central Bank of Nigeria (CBN) to ease their transactions with customers by…

Hitachi to provide world’s fastest elevator

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12 years ago

Japan’s Hitachi has said it will provide the world’s fastest elevators, which can clock speeds of up to 72 kilometres…

NNPC denies rift between Yakubu and Alison-Madueke

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12 years ago

The Nigerian National Petroleum Corporation (NNPC) has said that there is no rift between the Minister of Petroleum Resources, Mrs…

Flights suspended to Kaduna Airport

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12 years ago

Flights to Kaduna airport have been temporarily suspended till Monday evening following a fire incident which affected the tower, Nigerian…

Fire guts Kaduna Airport control tower

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12 years ago

Simon Ateba/Aviation correspondent Fire has engulfed the control tower of the Kaduna Airport, severely damaging it. Witnesses said fire started…

Oando pays ConocoPhillips another $25mn

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12 years ago

Oando Energy Resources has paid another $25million dollars to US oil company, ConocoPhillips, as part of the moves to acquire…

Total discovers oil in Cote d’Ivoire offshore

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12 years ago

French oil giant Total on Thursday announced the discovery of oil in Saphir-1XB exploration well in the deep offshore west…

CFAO to open vehicle assembly plant in Nigeria

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12 years ago

French automobile manufacturer, CFAO Automotive Group, said in Abuja that it was making necessary logistic arrangements to begin vehicle assembly…

Lagos mulls plans to acquire farmland in Northern Nigeria

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12 years ago

The Lagos State Government on Thursday said it has plans to acquire farmlands in some states in the northern part…

FRCN Probe: Court Fixes 12 May For Verdict

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12 years ago

Akin Kuponiyi A Federal High Court sitting in Lagos State, southwest Nigeria, Friday adjourned till 12 May this year to…

Amosun developing four estates, says Odusolu

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12 years ago

Abiodun Onafuye/Abeokuta In pursuance of the urban renewal programme of the Ibikunle Amosun administration in Ogun state, four new estates…

US ambassador praises NSE’s performance

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12 years ago

James Entwistle, United States ambassador to Nigeria has praised the management of the Nigerian Stock Exchange (NSE) on its accountability…

A lesson from Algiers: Stemming youth brain drain

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12 years ago

ALGIERS(AFP) – They fled Algeria to escape the violence ravaging the country in the 1990s, but now more and more…

Globacom named Outstanding Telecoms Brand

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12 years ago

Indigenous telecommunications company, Globacom was adjudged the Outstanding Telecoms Brand of the Decade and Brand of the Year at two…

Lagos, 7 Other African Cities On Emerging Cities List

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12 years ago

Damilare Okunola Lagos has been listed among seven other African cities on the emerging global cities index for 2014 which…

Airtel concludes free eye screening exercise

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12 years ago

Telecommunications services provider, Airtel Nigeria has successfully rounded off the free eye screening programme it commenced in March in three…

US Treasury: China does not manipulate yuan

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12 years ago

The US Treasury said Tuesday that China cannot be ruled a manipulator of its currency despite the yuan’s sharp slide…

States back removal of oil subsidy

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12 years ago

The Federation Account Allocation Committee (FAAC) in Abuja on Tuesday took a decision to remove petroleum subsidy in the country.…

Nigeria’s oil firm secures $255mn equity funding

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12 years ago

Nigeria’s oil firm Seven Energy said on Tuesday it had secured $255 million in equity funding from global investors, including…

Market Goes Bullish In Lagos

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12 years ago

Transactions on the Nigerian Stock Exchange (NSE) on Tuesday closed upbeat as major blue chip equities recorded price appreciations. The…

Toyota Nigeria Recalls Hilux, RAV4, Other Models

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12 years ago

Daniels Ekugo Toyota Nigeria Limited, franchise holder of Toyota brand in Nigeria has started recalling the Hilux, RAV4 and Yaris…

Nigeria Bursts Pakistani Drug Cartel In Lagos

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12 years ago

Simon Ateba/Lagos Attempt by a suspected Pakistani drug cartel to smuggle 25.4 kilogrammes of high grade heroin into Nigeria has…

GDP Figure: Beyond Belief

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12 years ago

Ayorinde Oluokun/Abuja Why Nigeria’s new GDP figure may not mean much for average Nigerians beyond being an indication of developments…

Etihad’s Q1 income jumps 27 per cent

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12 years ago

Abu Dhabi’s Etihad Airways reported Tuesday a 27-percent annual rise in revenues to $1.4 billion for the first quarter of…

In Nsukka, power outage makes phone battery chargers smile to bank

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12 years ago

Service providers in Nsukka, Enugu State in eastern Nigeria, who charge telephone batteries for people in exchange for money now…

Toll on Lekki-Ikoyi Bridge: Court gives date for ruling

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12 years ago

A Nigerian Federal High Court in Lagos on Monday fixed 25 April for ruling on the Lagos State Government’s application…

SEPLAT listing boosts NSE market by N28bn

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12 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday appreciated by 2.23 per cent due to the listing…

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