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Business

CBN submits 2014 budget to National Assembly

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12 years ago

The Central Bank of Nigeria (CBN) on Wednesday submitted and defended its 2014 budget proposal before the House of Representatives…

Sanusi’s suit suffers another adjournment

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12 years ago

A Nigerian Federal High Court in Abuja on Wednesday adjourned till 8 April hearing in Malam Sanusi Lamido Sanusi’s suit,…

NNPC gets 5 new group executive directors

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12 years ago

President Goodluck Ebele Jonathan has approved the appointment of five new group executive directors for the Nigerian National Petroleum Corporation.…

Bearish trend continues at NSE

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12 years ago

Transactions on the Nigerian Stock Exchange (NSE) closed lower on Wednesday as the value of shares traded dropped by 19.79…

Toyota pays record $1.2bn penalty for covering up defects

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12 years ago

Toyota Motor Corp. will pay $1.2 billion to settle US criminal charges that it lied to safety regulators and the…

Turkish Airlines denies shipping arms to Nigeria

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12 years ago

Turkey’s national carrier denied on Wednesday allegations of arms shipments to unknown groups in Nigeria, which has been ravaged by…

Crisis Looms As FG Plans To End Fuel Subsidy

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12 years ago

Nigerians may witness another massive protest following plans by the government to remove subsidies on petrol and kerosene. The Minister…

Deputy CBN gov Moghalu says Sanusi crossed the line

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12 years ago

One of the deputy governors of the Central Bank of Nigeria, Kingsley Moghalu has spoken for the first time on…

22 Chinese arrested for illegal fishing in Nigeria’s waters

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12 years ago

Chinese nationals held in Nigeria for illegal fishing 03/18/2014 16:09 GMT – NIGERIA-CHINA-IMMIGRATION-ARREST – World News (EAA) – AFP PORT…

Google takes android to wristwatches

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12 years ago

Google announced Tuesday it was bringing Android, the dominant platform for smartphones, to wearable devices. The move allows developers to…

Turkish Airlines ships arms to Nigeria, tape reveals

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12 years ago

Turkish Airlines allegedly shipped weapons to unidentified groups in Nigeria, which has been ravaged by violence between the army and…

Nigeria’s oil reserves drop by 5 billion barrels

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12 years ago

Nigeria’s Department of Petroleum Resources (DPR) said on Tuesday that the country’s oil reserves have dropped from 40 billion to…

German women earn less than men

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12 years ago

The gender pay gap in Germany continued last year for the third year running, with women earning 22 percent less…

US Navy arrests Korean ship carrying stolen Libyan crude

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12 years ago

US Navy SEALs captured an oil tanker Monday that had loaded crude at a rebel-held port in eastern Libya and…

Shell shuts Forcados oil terminal

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12 years ago

Nigeria will lose revenue from the export of 400,000 barrels of crude daily as the Anglo-Dutch oil giant Shell said…

Obasanjo stresses need for Africa’s infrastructure

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12 years ago

Former Nigerian leader, Olusegun Obasanjo has called for efficient infrastructure development to support economic activities in the continent. Obasanjo made…

For The Records: Sanusi Lamido replies Jonathan

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12 years ago

Mallam Sanusi Lamido Sanusi, the suspended governor of the Central Bank of Nigeria, on Sunday issued a statement in which…

NNPC supplies 956mn litres of petrol

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12 years ago

The Nigerian National Petroleum Corporation, (NNPC) said it has pumped additional 956. 6 million litres of Premium Motor Spirit(PMS) petrol,…

New Niger Bridge triggers hope and resentment

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12 years ago

Sometimes a bridge is more than just a bridge. After years of delays and empty promises, Nigeria has finally begun…

Glo unveils ‘borrow me credit’

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12 years ago

Nigeria’s indigenous telecommunication giant, Globacom, has introduced ‘Borrow Me Credit’, a unique product that enables prepaid subscribers to receive airtime…

Med-view plane makes emergency landing in Lagos

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12 years ago

Simon Ateba/Aviation correspondent An aircraft belonging to Medview Airline made an emergency landing at the Murtala Muhamme Airport in Lagos…

FG bemoans destruction of power equipment

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12 years ago

Fifteen power transmission towers were destroyed in one week by unidentified vandals, across Nigeria, according to a top official of…

Amazing Opportunities In Snail Farming

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12 years ago

By Prince Arinze Onebunne If you are reading this article, you’re either already in snail farming business or you are…

Nigerian states want oil subsidy regime to end

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12 years ago

Citing fraud and sharp practices in the implementation of the nearly N1 trillion oil subsidy regime in Nigeria, the Forum…

Banks sever transactions with Sudan

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12 years ago

Major European and Saudi banks have stopped dealing with Sudan, diplomatic and other sources say, adding to the sanctions-hit country’s…

Nigeria pays oil marketers N41bn

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12 years ago

Nigeria’s Federal Government on Thursday paid N41billion to 27 oil marketers whose claims had been verified for fuel subsidy reimbursements.…

McDonald’s sued by staff for theft of wages

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12 years ago

American workers accused fast-food giant McDonald’s Thursday of systematically stealing wages through illicit practices like shaved hours and unpaid overtime.…