Business

Nestle plc, New Gold gain most as market resumes

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14 years ago

Nestle Nigeria Plc, one of the highest priced stocks on Nigeria’s bourse packed on additional N11.03 weight today as the…

NUPENG threatens strike from Friday

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14 years ago

Long lines formed at some petrol stations in Nigeria’s economic capital Lagos on Wednesday after the National Union of Petroleum…

LG Launches World’s First Battery TV

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14 years ago

LG Electronics has launched the world’s first battery LED television into the Nigerian market. The LG 32LS3800 Battery LED TV,…

How Jonathan spoils Niger Delta Warlords

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14 years ago

America’s Wall Street Journal today revealed the mind-boggling million dollar sums that the Nigerian government has been paying Niger Delta…

Anambra set to join oil producing states

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14 years ago

The Anambra state government, in eastern Nigeria, has completed its Orient Petroleum Resources Plc drilling lines and support equipment for…

Sokoto has abundant crude oil deposits, says Wammako

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14 years ago

Governor Aliyu Wamakko of Sokoto State has disclosed the presence of abundant crude oil deposits in his state. And he…

Shell pays $383m to Nigeria’s security agents

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14 years ago

An oil industry watchdog said Monday that Shell paid Nigeria’s military and police $65 million over two years to secure…

SEC appoints UBA, Stanbic market lenders

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14 years ago

United Bank of Africa (UBA) Plc and Stanbic IBTC Plc have been appointed securities lending agents for equities and bond…

After the messy oil spill, Mobil begins clean up

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14 years ago

Mobil Producing Nigeria (MPN) on Monday began the clean-up of Ibeno coastline contaminated by an oil spill reported on 13…

Nigeria lists rogue oil companies

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14 years ago

Nigeria’s Federal Ministry of Finance on Friday published the 21 firms being investigated under the fuel subsidy regime. A statement…

NIMASA Boss Worries Over Arms Import

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14 years ago

The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Ziakede Akpobolokemi, has raised alarm over the proliferation of arms…

Apapa Customs Rakes N139bn In 6 Months

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14 years ago

The Apapa Area 1 Command of the Nigeria Customs Service (NCS) has increased its revenue generation capacity as it raked…

P.M.NEWS launches mobile edition

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14 years ago

Pmnewsnigeria.com has launched a mobile version of its online news content delivery, its management said Friday. The mobile delivery has…

Port Congestion Looms As Truckers Threaten Strike

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14 years ago

Truckers operating at the seaports have condemned the new Lagos State Traffic Law which restricts the movement of trucks in…

Air Force Blames Changes At NIMASA For Failed MOU

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14 years ago

Frequent changes in the leadership at the nation’s apex maritime regulatory body, the Nigerian Maritime Administration and Safety Agency (NIMASA)…

Nutricima Seeks To Lead N20Bn Yoghurt Market

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14 years ago

Nutricima Limited has declared its resolve to take the leadership of the market for ready to drink yoghurt, as it…

CNBC AABLA Honours Interswitch CEO

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14 years ago

All African Business Leaders Awards (AABLA) has awarded the Managing Director of Interswitch, Mr. Mitchell Elegbe, the 2012 West Africa…

Nigeria’s urban inflation worsens

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14 years ago

Nigeria’s urban inflation rate worsened in July, according to the latest figures given by Dr Yemi Kale, the Statistician-General of…

Oil spill found as Shell shuts flow station

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14 years ago

Shell said Thursday it had shut down an oil processing facility in southern Nigeria over a pump failure, but denied…

Nigeria’s oil minister allays fears over fuel scarcity

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14 years ago

As queues builds up in petrol stations in some parts of the country, Mrs. Dieziani Alison-Madueke, the Minister of Petroleum…

PHCN Owes NNPC N26bn For Gas Supply

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14 years ago

The Power Holding Company of Nigeria (PHCN) owes the Nigerian Gas Company (NGC) and other gas operators N26 billion for…

Honda Odyssey Returns

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14 years ago

When Honda Motor Company recently went back to the drawing board to modify the Odyssey for the 2012 model year,…

Mercedes Benz CLS Comes To Town

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14 years ago

A new wonder on wheels from the Mercedes Benz factory is on its way to Nigeria preparatory for unveiling. The…

Nigeria’s Car Import Rise By 15%

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14 years ago

New car imports into Nigeria rose 15 percent in the first half of 2012, compared with the same period last…

Not A Venza Affair

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14 years ago

The teeming Toyota enthusiasts wishing to own the Venza through Toyota’s authorised dealers in Nigeria, surely would not be happy…

Nigeria hits record 4,477.7 megawatts

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14 years ago

Nigeria’s electricity production has hit a record peak of 4,477.7 megawatts, according to Professor Bart Nnaji, the power minister. In…

British city launches own currency

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14 years ago

As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep…

Nigeria says strike by oil marketers blackmail

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14 years ago

Oil marketers indicted in the Aig-Imokhuede report on fuel subsidy payments are behind the planned nationwide strike, the Federal Government…

Asbestos found in China-made cars

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14 years ago

Some 23,000 cheap Chinese-made cars were Wednesday recalled in Australia after asbestos was found in their engines, with unions demanding…

Chevron Denies Sack Of 1,000 Workers

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14 years ago

Chevron Nigeria Limited has denied it is about to sack an additional 1,000 of its contract workers barely one week…

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