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Business

Obaro Ibru Is New Acting M.D Aero Contractors

Mr. Obaro Ibru is the new acting Managing Director of Aero Contractors, following the resignation of the Managing Director of…

Daunting Cargo Task

Port users express worries over night cargo clearance Almost a year after the commencement of a 24-hour operation at the…

Rewarding Industry

Pay-TV firm, MultiChoice Nigeria, celebrates young entrepreneurs driving its super-dealership initiative  When, in 2007, pay-TV company, MultiChoice Nigeria introduced its…

Lending Investors A Helping Hand

The Nigeria Stock Exchange introduces new value added services in its continuing efforts at building investor confidence and transforming the…

Impressive Zenith

Zenith Bank posts impressive performance in its just released third quarter report For Zenith Bank plc it is a roller…

Capital Oil: Reps Wade In

Ifeanyi Ubah, Chairman of Capital Oil & Gas Limited takes his case to the House of Representatives The House of…

Akin George, Aero MD bows out

Simon Ateba/Aviation correspondent Aero Contractors, Nigeria’s second biggest airline, announced on Sunday night that its Managing Director, Captain Akin George,…

Pension Fund soars to N2.45 trillion

Nigeria’s total pension fund contribution hit N2.45 trillion last year December, the Director-General of the National Pension Commission, Mr Muhammad…

Lagos-Kano passenger train service begins soon

The Managing Director of the Nigerian Railway Corporation (NRC), Mr Adeseyi Sijuwade, on Friday said that the Lagos to Kano…

Court Refuses Bail for Oil Marketer

Justice Adeniyi Onigbanjo of the Lagos High Court on Thursday December 6, 2012 refused to admit Oluwaseun Ogunbambo to bail…

Analogue Broadcasting Deadline: NTA Collaborates With Star Times

The Nigeria Television Authority (NTA) in collaboration with Star Times Digital Television Service, is set to take digital television network…

Nigeria saves N671b in oil subsidy claims

Nigeria’s Federal Government saved N671 billion in fuel subsidy claims within the past 10 months, following stringent measures adopted by…

Dangote shuts Nigerian cement plant over glut

Dangote Cement Plc has suspended production of cement at its four million metric tons per annum Gboko Plant, as a…

Nigeria Realises $46b From Deep Water Oil Operations

The Managing Director of Shell Nigeria, Mr Mutiu Sumonu, said on Tuesday that the Federal Government realised $46 billion from…

Nigerian Banks Sound —NDIC

The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umar Ibrahim, on Tuesday said all banks in the country…

Folorunso Alakija richest black woman on earth

Move over, Oprah Winfrey – there is a new richest black woman in the world. And she’s Nigerian. Meet Folorunsho…

Oil firms in talks with Nigeria over coming law

Nigeria’s oil minister said Tuesday the government is in talks with petroleum firms on a potential compromise for a proposed…
Mike Adenuga of Globacom

Adenuga donates N500m to Bayelsa flood fund

The Chairman of Globacom Group, Chief Mike Adenuga Jnr., on Tuesday donated N500 million, about $3.4million, to the Bayelsa Flood…

Theft: Atuche, ex-bank chief seeks recall of EFCC’s witnesses

Henry Ojelu Former Managing Director of Bank PHB (now Keystone Bank), Francis Atuche who is facing trial over N27.5 billion…

NCC Begins Test Run of Number Portability

Nigerian Communications Commission (NCC) says it will begin test run of Mobile Number Portability (MNP) preparatory to its full implementation…

Ikeja City Mall Plans Big For Xmas Shoppers

The management of Ikeja City Mall (ICM), the biggest and largest shopping mall in the country has unveiled series of…

Market Growth: SEC Seeks Stakeholders’ Cooperation

The Securities and Exchange Commission (SEC) has solicited the  collaboration of capital market operators to accelerate the growth of the…

Etisalat Makes Case For 4G Deployment

Etisalat Nigeria’s head of Engineering and Deployment Department, Mr. Valentine Amadi has highlighted the need for telecommunication operators to effectively…

L’Oreal Fetes 4,000 Hair Professionals

Dark and Lovely beauty range from the stable of L’Oreal Central/West Africa has ended its pan-Nigeria brand activation campaign aimed…

Robbers create panic in Akure, banks shut

Banks in the Nigerian city of Akure, capital of Ondo State in South West Nigeria on Monday hurriedly closed their…

Nigeria recovers stolen oil subsidy money

The Federal Government said today it has recovered N29 billion out of the N232 billion oil subsidy scam. The Minister…

Ogunbambo, 2 others charged with oil subsidy fraud

The Economic and Financial Crimes Commission, EFCC on Monday, December 3, 2012 re-arraigned two oil marketers: Oluwaseun Ogunbambo, Habila Theck,…

Ogun state denies ceding land to Lagos

Abiodun Onafuye/ Abeokuta The Ogun state government has denied speculations in some quarters that it has ceded its land in…

Lagos Printing Corporation In A Mess

At least 150 employees  of the Lagos State Printing Corporation are  yet to be paid their four months’ salaries by…

Fashola To Sack 30,000 Katangowa Traders

The popular Katangowa market in Agbado Oke-Odo Local Council Development Area, LCDA of Lagos State, southwest Nigeria, will soon be…
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