Business

Ribadu oil report stirs controversy, denials

PM NEWS Live

13 years ago

A probe alleging Nigeria has lost out on tens of billions of dollars in recent years through questionable practices in…

109 killed as fire tears through garment factory

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13 years ago

Rescue workers in Ashulia, Bangladesh recovered 109 bodies on Sunday after a fire tore through a garment factory, forcing many…

Analysis: Nigeria to lose oil market, revenue by 2014

PM NEWS Live

13 years ago

By Emeka Chiakwelu Since the 1973 oil embargo imposed on the United States by Arab oil producing nations, United States…

Dubai plans new ‘city’, world’s largest mall

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13 years ago

Dubai, famed for its mega-projects before it was hit by the global financial crisis, on Saturday announced a new development…

D8 trade ministers to meet in Nigeria

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13 years ago

Nigeria will host trade talks among the Developing Eight in February as part of efforts to increase business within member…

Lagos raises N80b bond for key projects

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13 years ago

Kazeem Ugbodaga The Lagos State Government has signed financial deal raising N80 billion through Bond, with Chapel Hill Limited as…

Court overrules AMCON on Capital Oil’s Ubah

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13 years ago

Nnamdi Felix / Abuja Asset Management Corporation of Nigeria, AMCON, on Thursday failed to stop a Federal High Court siting…

Nigeria seeks to strengthen ties with Pakistan

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13 years ago

Nigeria’s President Goodluck Jonathan sought Wednesday to strengthen bilateral ties with Pakistan by “re-energising” the existing bi-national commission between the…

Exxon Mobil issues force majeure as pipeline shut

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13 years ago

US oil giant ExxonMobil’s Nigerian subsidiary warned on Wednesday it may not meet production expectations following the shutdown of a…

How Ghanaian gambler threw away bank’s $2.3b

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13 years ago

LONDON(AFP) – Kweku Adoboli, the UBS trader who gambled away $2.3 billion, painted himself as a model employee who fell…

Smartphones crush digital camera market

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13 years ago

The soaring popularity of smartphones is crushing demand for point-and-shoot cameras, threatening the once-vibrant sector as firms scramble to hit…

Reps Fault Ministry On Budget Implementation

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13 years ago

The House of Representatives Committee on Culture, Tourism and National Orientation in Abuja on Tuesday, faulted the Ministry of Culture…

Another Nigerian held with $320,000 at Lagos Airport

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13 years ago

Another Nigerian has been arrested with $320,000 cash at the Murtala Muhammed Airport. The man, Onwuekwe Chidi was about to…

Glo launches super fast internet service

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13 years ago

Telecommunications giant, Globacom, on Tuesday introduced a new super-fast Internet service to address the challenges of internet usage in the…

SON Appoints 4 Firms For Certification Of Imported Goods

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13 years ago

The Standards Organisation of Nigeria (SON), has appointed four firms for accreditation of imported goods in line with the global…

Interswitch Rewards Verve Card Users

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13 years ago

In a bid to improve the cashless initiative embarked upon by the Central Bank of Nigeria, Interswitch, has kicked off…

Etisalat Wins NCC Award For Excellent Service

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13 years ago

Etisalat has received two awards from the industry regulator, the Nigerian Communications Commission (NCC). The awards are for excellent service…

Security Firm Unveils Integrity Solutions

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13 years ago

Nigeria’s leading indigenous security company, Halogen Security Company Limited, has unveiled an Integrity solutions package, which combines polygraph assessment or…

Consumer Council asks DSTV to do Pay-as-you-go

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13 years ago

Multichoice Nigeria Limited, the owners of the cable television, has been urged by the Consumer Protection Council to introduce pay-as-you-go…

Malaysia foils N1b Nigerian cocaine cocktail

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13 years ago

Cocaine cocktail put inside cans of coconut milk Malaysian narcotics agents have foiled a Nigerian syndicate’s bid to smuggle cocaine…

Nigeria needs to borrow $100b for 10 years, says official

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13 years ago

To fix its infrastructural gaps, Nigeria will need an annual investment of $10 billion for the next ten years, Abraham…

Oil subsidy scam: Suspect sent to Kirikiri Prison

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13 years ago

Justice Adebisi Akinlade of the Lagos High Court, Ikeja, has ordered a suspect in the ongoing trial over multiple oil…

Lagos-Ibadan Expressway: Nigeria sacks Bi-Courtney

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13 years ago

Jamiu Yisa and Ayorinde Oluokun Nigeria’s Federal government has terminated the contract concessioning the Lagos-Ibadan Expressway reconstructiona and maintenance to…

China buys up Nigeria’s oil industry

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13 years ago

China has increased its hold of Nigeria’s oil industry with its purchase today of Total’s 20 per cent stake in…

Bombardier eyes African aviation market

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13 years ago

Bombardier Commercial Aircraft will reinforce its commitment to the African airline industry with its attendance at the 44th Annual General…

Mast Installation: Lagos Threatens Telecom Operators

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13 years ago

The Lagos State Government has threatened to begin dismantling masts belonging to telecom operators as they refuse to comply with…

Incredible: Nigeria’s Customs men can’t operate scanners!

PM NEWS Live

13 years ago

Officers and men of the Nigeria Customs Service (NCS) are not fully equipped to operate and maintain very complex equipment…

Jonathan sets up panel to review Ribadu’s report

PM NEWS Live

13 years ago

Certainly, Nigeria’s government works in a byzantine way and the Jonathan government is working hard to seal its image as…

Honda Remakes Civic

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13 years ago

Just 18 months after the Civic’s 2012 model year redesign hit the market, Honda is launching a mid-cycle change for…

Qoros To Debut Sedan In Geneva

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13 years ago

Although successful at home, Chinese car companies have struggled to make inroads in export markets. Qoros hopes that will change…

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