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Business

Guinness, NB record price gains

Trading on the Nigerian Stock Exchange (NSE) on Tuesday remained on the upbeat trend with major blue chips recording price…

Stakeholders Thumb down Demuren’s Sack

Stakeholders in the Nigerian aviation industry on Tuesday reacted angrily at the sack last night of Dr. Harold Demuren, Director…

Jonathan sacks Harold Demuren, NCAA boss

Ayorinde Oluokun/Abuja The Federal Government on Monday night sacked Dr. Harold Demuren, the Director General of the Nigeria Civil Aviation…

Lagos Opens Ladipo Market

The Lagos State Government today re-opened Ladipo Auto Spare Parts Market in Mushin area of Lagos, Southwest Nigeria after two…

Big Piracy Business In Alaba Market

Founded in the 1970s, Alaba International Market, located along the Lagos-Badagry Expressway is by far the biggest electronics market in…

Govt To Blame For Fake Products In Alaba Market

In this interview, Chief Uche Igwe, Chairman, General Electrical Dealers Association (GEDA) in Alaba International Market tells Cyriacus Izuekwe that…

Fading Polymer Naira Notes Face Rejection

On 28 February, 2007 when the Central Bank of Nigeria, CBN, announced the introduction of polymer versions of 5, 10,…

How NIMASA Underdeveloped Nigerian Maritime Sector

Accusations and counter-accusations have continued over the alleged oil thefts along the nation’s coastal waters, as maritime, oil and gas…

Planned blackout at Abuja Airport

Power supply at the Nnamdi Azikiwe International Airport, in the Nigerian capital of Abuja, will be interrupted between 10 a.m.…

Ice Block Sellers Record Huge Sales

Some ice block producers and vendors in Kafanchan, Kaduna State, are having a boom in sales due to the hot…

Rice millers and importers donate vehicles to Customs

The Rice Millers, Importers and Distributors Association of Nigeria (RIMIDAN) on Thursday in Abuja donated 150 patrol vehicles worth N600…

Tinubu’s Speech: Nigeria needs fixing

ADDRESS BY ASIWAJU BOLA AHMED TINUBU, NATIONAL LEADER ACTION CONGRESSOF NIGERIA AT THE LAUNCH OF “FINACIALISM-WATER FROM AN EMPTY WELL”.…

EFCC Arraigns Indian Over N44.9m Dud Cheque

Nigeria’s Economic and Financial Crimes Commission, EFCC, on Thursday arraigned one Patrick Fernandez , 50, before Justice Adeniyi Onigbanjo of…

Tinubu: Nigeria operates voodoo economy

EROMOSELE EBHOMELE Former governor of Nigeria’s Lagos state and national leader of the Action Congress of Nigeria, Asiwaju Bola Ahmed…

EFCC Arraigns Indian Businessman Over N13m Fraud

The Economic and Financial Crimes Commission, EFCC, today arraigned an Indian Businessman, Patrick Fernadez before an Ikeja High Court over…

Nwankwo Kanu Loses N1.4 Billion

Nigeria’s football star, Nwankwo Kanu has lost N1.4 billion in his hotel business and the Managing Director of the hotel,…

MTN Nigeria income shrinks, misses global target

African telecoms giant MTN on Wednesday reported weaker than expected earnings, as currency fluctuations bit into the South African company’s…

Power Gens Pack Up At MMA Airport

Power cuts have caused series of near-tragic landings at the Lagos airport, in southwest Nigeria, over the past few days,…

Chinese couples rush divorces to avoid tax

Chinese couples are flocking to divorce to avoid a new tax property sales tax imposed by the government, after it…

Shell declares force majeure on Bonny Light crude

Oil giant Shell on Tuesday warned it may not meet production targets on Bonny Light crude in Nigeria after it…

Arik Air To Rebuild Lagos Hangar

Mr. Joseph Arumemi-Ikhide, the Chairman of Arik Air, on Monday said the airline would rebuild its aircraft maintenance hangar in…

Sea Piracy: I Received N7m From Vessel Hijack

Detectives at the Federal Special Anti-Robbery Squad at Adeniji Adele, Lagos Island, southwest Nigeria, have arrested a member of a…

Blackout at Lagos MM Airport

A blackout Monday night at Nigeria’s Murtala Muhammed Airport in Lagos forced the diversion of an Emirates Flight EK781, an…

Joy To The Consumer

A number of key policy decisions usher in a new lease of life for Nigerian consumers Nigerian consumers had never…

Will a city rising from the sea turn the tide for Nigeria?

LAGOS (AFP) – A Nigerian city is rising from the sea, swelling the country’s hopes of one day turning back…

Mexico’s Slim world’s richest man

Mexican tycoon Carlos Slim, Microsoft’s Bill Gates and Zara fashion house boss Amancio Ortega of Spain topped the Forbes list…

Nigerian Billionairess Alakija Buys N18.4b UK Property

TOKUNBO OLAJIDE Nigerian oil baroness, Folorunsho Alakija, owns five apartments in London’s One Hyde Park, the world’s most expensive apartment…

Boom Time For Keke Riders

A number of Lagosians are now compelled to get to their various destinations by tricycle rides courtesy of the restriction…

LASTMA Is Our Biggest Challenge

Despite the increasing demand for tricycles popularly known as ‘Keke Napep’, the Ikeja chairman of tricycle operators, Olainukan Adeagbo explains…

Residents Want Oko-Oba Abattoir Relocated

Siting an abattoir in Oko-Oba, Agege Local Government, was meant to boost the business activities in the area but has…
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