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Business

Who cares if Nigeria is Africa’s biggest economy?

By Bayo Onanuga Nigeria will any moment from now announce itself on the world stage as Africa’s biggest economy, eclipsing…

Nigeria To Become Africa’s Biggest Economy

Nigeria could leap-frog South Africa to become Africa’s biggest economy this weekend, when the results of a new way of…

Honey Beekeeping: Liquid Gold Nigeria Is Yet To Tap

By Prince Arinze Onebunne Beekeeping is the maintenance of honey bee colonies, commonly in hives, by humans. A bee keeper…

Nokia Lumia 1520 makes selfie get better

Nokia has unveiled multiple smartphones and accessories at a media event in San Francisco, California. One of the new phones…

Judge Orders FG To Pay Sanusi N50m Damages

Akin Kuponiyi Reprieve came the way of suspended Central Bank Governor, Sanusi Lamido Sanusi, Thursday, as a Federal High Court…

Banks Encourage Use Of e-Payment Platforms

Nigerians have been urged to embrace e-payment platforms as the best option for payments for business transactions. The e-payment platforms…

Dangote runs foul of Zambian law

Work has stalled in the $400million Dangote Cement plant in Zambia after it ran foul of the country’s environmental law.…

Chinese investments in Nigeria worth $1.7bn

Liu Kan, Consul-General of the Peoples Republic of China in Nigeria, has said that Chinese investments in Nigeria is about…

Oshiomhole protests extortion of electricity consumers

Governor Adams Oshiomhole of Edo State has kicked against the N750 monthly fixed charge collected by the Benin Electricity Distribution…

1.8m people enter job market annually- Okonjo-Iweala

Minister for Finance, Dr Ngozi Okonjo-Iweala, has confirmed that not less than 1.8 million graduates in the country move into…

World Bank doubles lending to emerging economies

The World Bank plans to nearly double its annual lending to emerging economies like China and India as part of…

IKEDC Opens New Call Lines

In line with its commitment to ensure an enhanced customer experience for electricity consumers within its coverage area, the Ikeja…

Amangbo new CEO designate at Zenith Bank

Peter Olisamedua Amangbo, a long serving staff, has been appointed the new Chief Executive Officer (CEO) of Nigeria’s Zenith Bank,…

Britons arrested for crude oil theft innocent, says employer

The employer of the two British nationals arrested for an alleged plot to steal oil from a pipeline in Nigeria…

Libya’s Sovereign Wealth Fund sues Societe Generale

Libya’s sovereign wealth fund has sued French bank Societe Generale in a British court for $1.5 billion (1.1 billion euros)…

NLC warns on plans to privatise Nigeria’s refineries, media

The Nigeria Labour Congress (NLC) on Sunday called for the cancellation of the proposed idea to commercialise Federal Government-owned media…

Nigeria, others lose $60bn to illicit financial flows – Mbeki

Former South African President, Thabo Mbeki, said in Abuja that African countries lose between 50 billion dollars and 60 billion…

FIFA World Cup makes Qatar plan record budget

Gas-rich Qatar, pushing ahead with a massive infrastructure drive in preparation for hosting the 2022 football World Cup, unveiled a…

New date for Oando take-over of ConocoPhilips Nigerian business

Oando has announced 30 April for the completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business…

NNPC wins 10-year old case in UK court

Ayorinde Oluokun/Abuja A United Kingdom Commercial Court had ruled in favour of the Nigerian National Petroleum Corporation (NNPC) in a…

Terrorism killing Kenya’s tourism industry, says Kenyatta

(Reuters) – Kenya’s vital tourism sector is “on its knees” after attacks by al Qaeda-linked Islamist militants carried out in…

2 Britons, 10 Nigerians arrested for crude oil theft

Two Britons and 10 Nigerians have been arrested on charges of trying to bribe a military officer to facilitate oil…

NUPENG shuts petrol loading bay, scarcity looms

The National Union of Petroleum and Natural Gas Workers (NUPENG) has shut down the operations of Nigerian Independent Petroleum Company…

Nokia X Family Enters Nigerian Market

Nokia has announced the introduction of the Nokia X Smartphone into the Nigerian market a few weeks after it was…

Bauchi airport named after Tafawa Balewa

The new airport built by the Bauchi State government, has been named after Nigeria’s first Prime Minister, Sir Abubakar Tafawa…

UBA Plc to pay N0.50k dividend

The United Bank for Africa (UBA) has proposed a dividend of 50k to shareholders following the release of its audited…

GLO Storm Enugu Trade Fair With Value Added Services

National telecom operator, Globacom, is set to storm the the 25th Enugu International Trade Fair which kicks off Friday, 28…

Ghana risks credit downgrade, says Fitch

Ghana has been warned by ratings agency Fitch that it could face a credit downgrade due to its rising debts…

Facebook plans global web access

Facebook revealed Thursday it has a lab working on using drones, satellites and solar-powered planes to provide web access around…

Dangote bids highest for Shell’s gas field

Aliko Dangote, Africa’s richest man is planning to acquire a stake in a Nigerian gas field owned by Shell. Forbes…
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