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Business

LASG To Harvest Farm Produce From 10,000 Hectares Of Land

The Lagos State Government is to harvest farm produce from 10,000 hectares of land it acquired in other states before…

Crude oil prices falling

Crude oil prices eased on Tuesday, extending a recent move downward as a weak demand outlook amid poor US company…

Shell declares force majeure on Nigeria’s exports

Anglo-Dutch oil group Shell said Tuesday it may not meet contractual obligations on certain exports from Nigeria because of theft…

Shoprite To Open New Outlet

Shoprite, a South African multipurpose retail store group, has concluded plans to unveil a new outlet in Ilorin, the Kwara…

EFCC arrests 5 over money laundering violations

The Managing Director of Zenith Properties Limited, Maitama Abuja, Mr. Ifobiya Oloruntoba Seyi and the Credit Controller of Exclusive Stores,…

Lagos new airport terminal costs N648m

Simon Ateba/Aviation correspondent The remodelling of the General Aviation Terminal (GAT) in Lagos, southwest Nigeria, cost Nigeria’s Federal Government N648…

Globe and Mail starts charging for online news

Canada’s national daily, The Globe and Mail, on Monday began charging readers a Can$20 monthly subscription to access news on…

Nicon Insurance, 43 others sue FIRS

NICON Insurance Company Plc and 43 others on Monday in Abuja, dragged the Federal Inland Revenue Service (FIRS) to the…

Soldiers arrest vessels with N11billion illegal diesel

The Joint Task Force (JTF) operating in the Niger Delta said on Monday that it arrested two suspected vessels, with…

Jeers For President Jonathan’s Budget

President Goodluck Jonathan’s 2013 budget proposal attracts knocks and commendations Wrangling between the executive and the legislature over the appropriate…

FAAN staff arrested with $1.4million In Lagos

Simon Ateba/Aviation correspondent A suspected foreign currency smuggler was arrested on Saturday at the Murtala Muhammed international airport in Lagos,…

EFCC arrests 2 forex traffickers

Nigeria’s Economic and Financial Crimes Commission, EFCC, has arrested the duo of Idris Hamza and Umar Musa Kibiya at the…

Family sues Monster Energy maker over teen’s death

WASHINGTON (AFP) – The family of a 14-year-old Maryland girl is suing the California makers of Monster Energy, alleging Friday…

Nigeria’s crude oil export to the US slumps

The United States of America bought just about 361,000 barrels of Nigeria’s crude oil in July, as the US leans…

Expert Tasks FG On Destination Inspection Scheme

The National President of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Mr. Lucky Eyis Amiwero, has…

Enterprise Bank MD Outlines Gains Of e-Payment System

The Managing Director/Chief Executive Officer, Enterprise Bank Limited (EBL), Mallam Ahmed Kuru, has said that improving the confidence of Nigerians…

NSC Recovers Over N5m For Aggrieved Shippers

The Nigerian Shippers’ Council (NSC) said it has recovered about N5, 228,536.03 for aggrieved shippers between January and June this…

Customs Impounds 3 Containers Of Pirated Books

The Port and Terminal Multi-Services Limited (PTML) Area Command of the Nigeria Customs Service (NCS) has once again impounded three…

Skye Bank Hits N16.5bn Profit

One of Nigeria’s leading bank, Skye Bank Plc has declared a profit before tax of N16.5 billion for the third…

Kwara First Lady Becomes Peak Milk Ambassador

In furtherance of Peak Milk’s current campaign tagged “Drink Milk Everyday”, the flagship brand from FrieslandCampina WAMCO Nigeria has named…

Dark & Lovely New Variants Berth In Aba

Having successfully hosted over 4,000 hair professionals in Lagos last month, the train of  Dark and Lovely Anti-Breakage range, has…

Civil War In NCC

Swanky buildings are hardly associated with roforofo fights. But that is what is taking place at the glittering headquaters of…

GTB Plc records 59 per cent rise in Q3 profit

Guaranty Trust Bank plc, Nigeria’s most priced banking stock on the Nigeria Stock Exchange has released its unaudited third quarter…

Google shares plunge after a poor Q3 result

Google on Thursday reported a 20 percent drop in third-quarter profits, announcing disappointing results which sent the Internet giant’s stock…

Google threatens to cut links with French media

Google has threatened to exclude French media sites from its search results if France implements a proposed law forcing search…

Sambo To Flag-Off Abuja Auto Fair

The Vice President, Arc. Namadi Sambo will lead other dignitaries from the public and private sectors to declare the 14th…

Toyota Recaptures Corporate Loyalty Leadership

Toyota Motor Corp. has recaptured the top spot among automakers in U.S. customer loyalty for the first time since the…

Stallion Motors Berths In Owerri

In line with global standard practice, Stallion Motors Nigeria, multiple automobile franchisee has inaugurated another ultramodern 3S facility (Sales, Service…

Newsweek Magazine ends print edition, goes digital

Venerable US magazine Newsweek, whose first issue rolled out of the press on 17 February 1933, announced Thursday its last…

EFCC Docks 4 Over N1.05 Billion Subsidy Fraud

The Economic and Financial Crimes Commission, EFCC on October 17, 2012, arraigned the quartet of Alhaji Saminu Rabiu,Jubril Rowaye, Alminnur…
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