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Business

Grasscutter Farming: A Potent ‘Game Changer’ For The Youth, Others

By Prince Arinze Onebunne The World Bank makes it clear that the foundation for development and for breaking the backbone…

N25m Damages: Baba Suwe Loses Appeal

An Appeal Court sitting in Igbosere, Lagos State, southwest Nigeria, Friday set aside the award of N25 million damages in…
Great Ogboru

Debt to AMCON: Ogboru stalls contempt trial

A former governorship aspirant in Nigeria’s Delta state, Great Ogboru, on Thursday filed an application for a stay of contempt…

Samsung chief pulls son out of school after scores row

Jay Y. Lee, the number-two at Samsung Electronics and only son of chairman Lee Kun-Hee, has publicly apologised for a…

Obasanjo: GDP not a good indicator of development

The phenomenal growth in Nigeria’s gross domestic product, long used as a marker for the country’s economic and human development,…

GTB declared African Bank of the year

.First Bank, Sanusi, Aig-Imoukhuede also win prizes Nigeria’s Guaranty Trust Bank last night scooped the prize for African Bank of…

Train derails in Lagos

Yusuf Mohammed A train towing another train derailed Wednesday at Agege, Lagos, southwest Nigeria. The incident, which happened at a…

Nigeria leads Africa in illicit forex outflows to the world

The image of Africa is that of a continent with the beggars bowl, urging richer nations to bankroll development. But…

Jonathan flags off building of 700MW hydro-power dam

Nigeria’s President Goodluck Jonathan on Tuesday inaugurated the construction of the N162.9 billion Zungeru Hydroelectric Power Project in Niger state…

Mercedes recalls 6,000 cars over airbag problem

Mercedes-Benz is recalling about 6,000 cars of its new A-class because of a possible flaw in the cover of the…

12 Missing After Chevron’s Tug Boat Sinks

A tugboat contracted by oil giant Chevron has sunk off the coast of Nigeria, leaving 12 sailors missing, an official…

Reports: Oil Vessel Hijacked Off Bayelsa, Crew Kidnapped

Latest reports said Pirates have hijacked a fuel tanker off the coast of Nigeria’s oil-rich delta region, taking Pakistani and…

Arik Air, Varsity Partner On Manpower Dev

Arik Air and Cranfield University in the United Kingdom have entered into a partnership aimed at human capital development, Nigeria’s…

Report: Natural resources could fuel Africa’s growth in 2013/14

A new report jointly produced by the African Development Bank, the Economic Commission for Africa (ECA) and the UN Development…

Dana Air pays $3.95m to families of crash victims

Dana Airline has paid $3.95million in compensation to the families of the victims of its plane crash a year ago,…

Iran Offers Syria $4bn Credit Line

Iran has opened two lines of credit totalling $4 billion to Damascus and expects to open up a third to…
Inflation

The Pains of Small Business Owners

Small business owners have cried out over their neglect by successive governments and the deluge of constraints ravaging the development…

APM Increases Stacking Area

Leading global terminal operator, APM Terminals, is increasing the container stacking area at its Apapa container terminal, Lagos, Nigeria by…

News Corp approves split into two firms June 28

News Corp said Friday its board approved the breakup of the media-entertainment conglomerate headed by Rupert Murdoch into two separate…

NDLEA Reads Riot Act To Airlines

Nigerian airlines must do all they can to prevent drug trafficking, Nigeria’s anti-drug trafficking boss, Ahmadu Giade, said on Thursday,…

Airtel’s Chief Marketing Officer, Olu Akanmu Quits

Olu Akanmu, Chief Marketing Officer, Airtel Limited, has resigned his appointment with the company. A statement released by the telecommunication…

Nissan recalls 841,000 compact cars

Japan’s number two carmaker Nissan said Thursday it would recall some 841,000 compact cars worldwide due to a steering wheel…

Tokyo shares crash 7.3 per cent

TOKYO (AFP) – Panicky investors dumped shares on the Tokyo market Thursday, sending the main index plunging more than seven…

Samsung’s Galaxy S4 tops 10million in sales

South Korea’s Samsung Electronics said Thursday its latest flagship Galaxy S4 had become its fastest selling smartphone to date, topping…

Oil prices weaken further

Oil extended its losses in Asian trade on Thursday on weak Chinese manufacturing data and a stronger dollar, analysts said.…

Twitter tightens security after high profile hacking

Twitter said Wednesday it was stepping up security measures for the popular messaging service following a series of high-profile breaches…

Switzerland eyes new law on dictators’ loot

Switzerland, currently in the process of restituting assets to several former autocratic countries, is working on a new law aimed…

Flight Cancellation: Court Fines Jimoh Ibrahim’s Air Nigeria N5m

A Federal High Court in Lagos has ordered Air Nigeria owned by Jimoh Ibrahim to pay N5 million to Mr…

Drug Trafficking: Cabin Crew Not Checked —Airport Sources

Hand luggage of cabin crew in Nigeria are hardly checked at airports because airline staff are expected to be upright,…

Arik Cabin Crew Had N180m Cocaine

Nigeria’s National Drug Law Enforcement Agency, NDLEA, said on Tuesday that one of the two Arik Air female cabin crew…
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