Business

BMW recalls 750,000 cars worldwide

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13 years ago

German luxury car maker BMW is recalling about 750,000 cars worldwide over potential electrical problems, a spokesman said on Tuesday…

TVC To Launch 24-Hour News Channel

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13 years ago

On 28 February, Continental Broadcasting Services, CBS, will launch the first ever pan-African 24-hour news channel, TVC News. The new…

Bandits steal $50m diamonds at Brussels airport

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13 years ago

Heavily armed robbers made off with $50 million worth of diamonds in a massive heist at Brussels airport, the global…

Nigeria’s oil exports hit by US output, minister admits

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13 years ago

Nigeria’s oil minister, Diezani Alison Madueke said on Tuesday that a boost in US oil and gas production had begun…

Court orders compensation for Capital Oil Boss

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13 years ago

Henry Ojelu A Nigerian Federal High Court sitting in Lagos, today ordered the Inspector General of Police, Mohammed Abubakar, Access…

Alaba Suru Traders Protest Threat of Market Closure

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13 years ago

Traders of Suru-Alaba Market, located along Lagos-Badagry Express way, recently stormed Alausa, Lagos State’s seat of power to protest against…

Bridge Banks Intervention Yielding Fruits —Enterprise Bank MD

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13 years ago

Managing Director Enterprise Bank, Mr Ahmed Kuru, has said Central Bank of Nigeria’s policy of using ‘bridged banks’ to rescue…

MFB Boss Gives Tips On How To Secure Loans

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13 years ago

The Managing Director/Chief Executive Officer, Bosak Microfinance Bank, MFB, Mr. Kola Bello, has said that one of the ways small…

Bridgestone reports soaring annual profit

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13 years ago

Tyre maker Bridgestone said Monday its net profit last year soared 67 percent to $1.83 billion as it cemented a…

Ghana cuts fuel subsidy over deficit fears

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13 years ago

Fuel prices in Ghana will rise by up to 20 percent after the government announced Sunday that it would cut…

Concerns over rot In Nigeria’s oil sector ahead of confab

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13 years ago

Major oil industry executives will gather in Abuja, Nigeria’s capital for an annual conference on 18 February. The conference will…

Nigeria attracts $6b investment in Onne Free Trade Zone

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13 years ago

Nigeria’s Federal Government said on Saturday that investments at the oil and gas free trade zone in Onne, Rivers, had…

Indorama plans Africa’s biggest fertilizer plant in Nigeria

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13 years ago

The management of Indorama Eleme Petrochemicals Limited said on Friday that it had concluded plans for the construction of Africa’s…

Lagos Shuts 15 Firms Over Tax Default

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13 years ago

The Lagos State Internal Revenue Service (LIRS) has sealed 15 companies in the last one month for failure to remit…

American Airlines, US Airways merge

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13 years ago

American Airlines parent company AMR Corp and US Airways announced Thursday that their boards have approved a merger agreement to…

Daily Times: Anosike brothers for fraud trial

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13 years ago

The Federal High Court in Lagos has fixed March 4 for the arraignment of Fidelis Anosike and his brother, Noel,…

Oil Subsidy Fraud: Court Freezes Suspect’s Assets

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13 years ago

Justice Adeniji Onigbanjo of Nigeria’s Lagos High Court, Ikeja today granted the Economic and Financial Crimes Commission, EFCC, an order…

Land Scam: EFCC to Arraign Kano Commissioner

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13 years ago

A Kano State Civil Service Commissioner, Alhaji Aminu Ibrahim Gaya, is to be arraigned by Nigeria’s Economic and Financial Crimes…

Amosun commissions farm equipment

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13 years ago

Abiodun Onafuye/ Abeokuta Senator Ibikunle Amosun, governor of Ogun state,southwest Nigeria, today commissioned some farming implements worth about five hundred…

Profits plunge for Peugeot, Societe Generale

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13 years ago

Embattled French auto giant PSA Peugeot Citroen announced Wednesday a massive net loss of five billion euros ($6.7 billion) for…

Nigeria: Another power plant goes on stream

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13 years ago

The 565 megawatts Odukpani Power Plant in the Nigerian southern state of Cross River will commence operation before the end…

Cable TV days are numbered with Intel challenge

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13 years ago

Computer chip giant Intel said Tuesday it is making a set-top box for delivering movies and more to televisions in…

Banky W Bags N140m Samsung Deal

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13 years ago

After almost two years of being a Samsung Brand Ambassador, R&B star, Olubankole Wellington, better known as Banky W, has…

Nigeria slashes cost of business registration

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13 years ago

Nigeria’s Trade and Investment Minister Olusegun Aganga has approved the downward review of the cost of business registration at the…

JTF Hands over 18 Oil Thieves to EFCC

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13 years ago

The Joint Task Force, JTF of 4 Brigade Nigerian Army, Benin has handed over 18 suspected oil thieves to the…

Atuche: Court summons officials of Keystone Bank

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13 years ago

Henry Ojelu A Nigerian High Court sitting in Ikeja, Lagos today issued a subpoena on Keystone Bank Plc (formerly Bank…

Fani-Kayode Re-Arraigned

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13 years ago

Former Aviation minister, Femi Fani-Kayode, was Monday morning re-arraigned before a Federal High court in Lagos, southwest Nigeria, for alleged…

Heritage Bank Begins Payment To SGBN Customers

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13 years ago

Heritage Banking Company has commenced payment to customers of the defunct Societe Generale Bank, whose accounts have been successfully validated.…

British Airways Launches Valentine Offer

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13 years ago

Leading airline, British Airways has announced another special discount offer for its Nigerian customers travelling on its World Traveller (Economy),…

India’s auto industry faces hard times

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13 years ago

India’s once-booming passenger car sector appeared set for its worst performance in a decade, an industry official said on Monday,…

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