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Business

UBA plc records 550 per cent jump in Q3 profit

The United Bank for Africa plc has declared a gross profit of N44.8billion for the third quarter this year and…

A Dying Sector

More Nigerian airlines are dying in a choking business environment When Bi-Courtney Aviation Services Ltd. completed the building of the…

Ship Business Is Like Suicide

Chief (Dr.) Isaac Jolapamo, Chief Executive Officer, Morlap Shipping Company Limited and chairman, Indigenous Ship Owners’ Association of Nigeria, umbrella…

Pains Of Nigerian Ship Owners

Indigenous ship owners in Nigeria contend with an unfavourable business environment Given the harsh environment in which they operate, the…

Sanusi: CBN to stop Forex cash sale to Bureau de change

Nigeria’s Central Bank Governor, Sanusi Lamido Sanusi said in Tokyo on Sunday that the bank would soon stop selling forex…

Flood: Minister allays fears over food shortage

Nigeria’s Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, has assured the country that it would not be plunged…

Tears as FATGBEMS Petroleum owner buried

Abiodun Onafuye/ Abeokuta The remains of the Chairman and chief Executive Officer of Fatgbems Petroleum, Alhadji Abdul Fatai Olalekan Akanmu…

France, Switzerland crackdown on drug money

French authorities have arrested 17 people, some of them of Moroccan origin, suspected of laundering about 40 million euros ($52…

Obama showcases auto industry success

US President Barack Obama on Saturday praised the decision early in his administrations to bail out the failing US automobile…

Court admits exhibits against ex-Afribank CEO

An Ikeja High Court on Friday admitted 20 documents as exhibits in the trial of Sebastine Adigwe, a former Managing…

Smart Insect Concept Car Debuts

At an electronics show in Japan, Toyota is this week showing off its Smart Insect concept, a tiny one-seat city…

Standard Chartered Unveils Expansion Plan

Leading international banking group, Standard Chartered has updated investors at its inaugural Africa Investor Day on the group’s aspirations for…

MTN Tackles ID Theft With New Solution

In an effort to arrest the growing trend of identity theft in the telecommunications sector, MTN Nigeria has introduced a…

Dizengoff, Farmers Partner On Food Production

Dizengoff (West Africa) Nigeria Limited says it is entering into a partnership with farmers in Nigeria to target a 75…

Airtel Repositions As Friendship Network

In a bid to actualise its vision of being the most loved brand in the daily lives of Nigerians, Airtel…

BA Unveils Easier Way To Book Flight

Customers visiting ba.com will now find it easier to book flights on the British Airways website thanks to a new…

Fundamentals Of Safer Road Usage Launched

The public presentation of the book; Fundamentals of Safer Road Usage was held recently at the Conference Room of NTA…

Flood sacks 5 banks in Bayelsa

It is not getting better, but getting worse in Yenagoa, capital of Nigeria’s oil rich Bayelsa state, as the ravaging…

Customers Laud TNL After-sales Services

Toyota Nigeria Limited, a leading automobile marketing company in Nigeria has been lauded for improved after-sales services by its customers…

Weststar Storms Abuja Motor Show

Determined to delight automobile customers with the latest vehicles in their stables, some of the nation’s automobile distributors and blender…

Gbajabiamila heads Reps probe of Otedola-AMCON deal

The House of Representatives on Thursday has set up a nine-member committee to investigate the alleged payment of N140 billion…

US court lifts ban on Samsung-Google phone

A US appeals court Thursday lifted a sales ban on Google-branded Samsung smartphones in a patent fight with Apple, saying…

IRS Awaits Report Over Damaged Plane

IRS Airline, whose plane was damaged on Wednesday after it collided with an abandoned truck on the Lagos airport taxiway,is…

Pharmaceutical Company Sues Taskforce On Counterfeit Drugs

In a bid to redress the injustice alleged to have been meted out to them, two Directors of a pharmaceutical…

Crew Members Face Bunkering Charges

Economic and Financial Crime Commission, EFCC, has filed criminal charges of conspiracy and illegal possession of automotive gas oil against…

Nigerian farmers sue Shell in Dutch court

Shell broke the law by not repairing leaks that destroyed the lands of Niger Delta farmers, a Dutch court heard…

EFCC Arraigns 5 new suspects In Fuel Subsidy Scam

The Economic and Financial Crimes Commission, EFCC, on Wednesday October 10, 2012, arraigned three individuals and two companies before Justice…

Toyota To Recall 7.4 Million Cars

Toyota is voluntarily recalling more than seven million vehicles worldwide, including some Yaris, Corolla and Camry models, over faulty window…

4 arrested over money laundering rules violations

The Managing Director of NICON Properties, Wuse Abuja, Mr. Yahaya Atai Odoma and the Accountant of the company, Mr. Rufai…

8 Fuel subsidy scam suspects granted bail

Eight suspects arraigned before Justices Habeeb Abiru and Lateefa Okunnu of the Lagos High Court by the Economic and Financial…
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