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Business

Nigeria saves $9.6b oil revenue

The Federation Accounts Allocation Committee (FAAC) on Wednesday lodged N161.59 billion to the Excess Crude Account (ECA), bringing the new…

Nigeria recruits 180,000 farmers for rice

The Nigerian Government has registered 178,490 farmers to plant rice, the Minister of State for Agriculture and Rural Development, Alhaji…

Nigerian Court lifts order on Capital Oil

Nnamdi Felix / Abuja Nearly a month after a Federal High Court made an order freezing his accounts and granting…

Loya Milk Deal Thrills Don Jazzy

Celebrity music producer and newly appointed brand ambassador of Loya Milk, Don Jazzy says there is a strong synergy between…

DStv Launches VoxAfrica Channel

DStv has launched the much awaited  Afro-centric TV channel, VoxAfrica. The channel is available on the DStv Access, Family, Compact,…

FG Establishes 80 Agro-Input Centres

The Federal Government, under the Agricultural Transformation Agenda (ATA), has established a network of one-stop-shop agro-input centres to ensure the…

Etisalat Hosts Career Summit for Corps Members

In fulfilment of its commitment to youth development and empowerment, Etisalat, recently hosted the 2012 Batch C members of the…

Aero Confirms Takeover By AMCON

After months of denial, Nigeria’s second biggest airline, Aero Contractors, said on Tuesday morning that it has been taken over…

EFCC: $100m seized at Nigeria’s airports

Nigeria’s Chairman of the Economic and Financial crimes Commission, EFCC, Mr. Ibrahim Lamorde today said that no less than N15.5…

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…
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