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JPMorgan Accounts: CBN debunks NNPC claim

Nigeria’s Central Bank on Friday insisted that the NNPC remained the sole signatory of two crude oil and gas accounts…

Yahoo, Facebook unveil advertising alliance

Facebook and Yahoo! announced Friday in San Francisco they were launching an advertising partnership as the two tech giants settled…

Expect Petrol Scarcity, Marketers Warn

Depot and Petroleum Products Marketers Association (DAPPMA) said Nigerians should expect another round of petrol scarcity if the Federal Government…

Frozen Food Traders Count Losses

Frozen food traders in the Ijora area of Lagos counted their losses on Thursday as their commodities rot away, due…

SGD Scam Rocks Customs

By Esther Komolafe Though use of the Single Goods Declaration (SGD) forms has been phased out by the Nigeria Customs…

Customs Loses N5bn Monthly At Kirikiri Terminal

By Esther Komolafe As the various area commands of the Nigeria Customs Service (CAC) battle  to meet the 2012 revenue…

Nigeria, S/Korean Firm Sign Pact On Power Generation

By Henry Ojelu As part of efforts to tackle the epileptic power supply in the country, The Minister of Power,…

‘We Remain Committed To Youth Empowerment’

By Henry Ojelu Leading telecommunications company, Etisalat has reinstated its commitment to youth empowerment. Chief Executive Officer of the company…

Fashola Woos Corporate Lagos Over Sponsorship

By Henry Ojelu The Lagos State Governor, Mr. Babatunde Fashola, has taken the lead towards achieving a private sector driven…

ICT Conference To Address Issues In Cashless Economy

By Henry Ojelu This years edition of the National Conference of the Nigeria Computer Society, NCS , will among other…

UN wants billionaires taxed to help poor

The United Nations on Thursday called for a tax on billionaires to help raise more than $400 billion a year…

Jonathan sets up fresh panel on subsidy claims

President Goodluck Jonathan on Thursday set up another committee that will review the findings of the Aigboje Aig Imoukhuede led…

Honeywell International Slams N20b Suit On Honeywell Nigeria

By Akin Kuponiyi In a bid to stop infringement of its Trade marks and disturbance of its business Honeywell International…

Air Nigeria returns leased planes

The Air Nigeria Airline says it will return four of its aircraft to the lessor, GECAS, following the request to…

Abba Abacha absent at Swiss trial

The corruption trial of the late Nigerian dictator Sani Abacha’s son was adjourned on Wednesday until next week because of…

Judge arrests House report on oil subsidy scam

Nnamdi Felix / Abuja As the $620,000 subsidy probe’s bribery allegation rages, one of the oil marketers indicted by the…

Consumer Protection Council Seeks Redress Desks In Supermarkets

The Consumer Protection Council (CPC) has tasked operators of supermarkets to establish consumer redress desks in their shops to handle…

NAFDAC, Sachet Water Producers Trade Words On Price Increase

The National Agency for Food and Drug Administration and Control (NAFDAC) has dissociated itself from the 100 per cent increase…

Ex-SEC boss attends meeting with Jonathan

Ayorinde Oluokun/Abuja There was drama at the meeting of President Jonathan’s Economic Management Team on Tuesday as the suspended Director-General…

NNPC denies secret bank account

The National Petroleum Corporation, NNPC, has said unequivocally that the Corporation does not operate a secret account but a statutory…

Stocks go higher in Nigeria

A total of 205.97 million shares worth N1.6 billion were traded in 3,792 deals on the Nigerian Stock Exchange on…

Fuel supply resumes in Port Harcourt

Okafor Ofiebor/Port Harcourt After five days of disruption,the loading of petroleum products at the NNPC refinery at Eleme, has resumed,…

Court Stops Trustfund from Appointing New CEO

Nnamdi Felix / Abuja The crisis of confidence rocking Trustfund Pensions Plc continued unabated as the National Industrial Court sitting…

Court Bans Sales Of Samsung Galaxy In US

Samsung’s rival to iPad, Galaxy Tab, has been banned from sale in America, after a judge handed Apple a victory…

Firm To Start Solar GSM Network In Nigeria

An Indian technology company, VNL, is set to revolutionise the telecommunication sector in Nigeria with the introduction of the first…

Paga Mobile Money Gets Fresh Fund

Nigeria’s pioneer mobile firm, Paga, has secured fresh funds from four investment companies, Adlevo Capital, Omidyar Network, Acumen Fund, and…

Maltina Dangle N7.5m As Dance All 6 Commences

Riding on the wings of a successful national consumer promotion tagged Maltina sharing happiness promo where five lucky Nigerians won…

P&G Fetes Pampers Premium Care Mothers

Procter & Gamble, the makers of Pampers Premium Care, a diaper that offers skin protection for babies, hosted winners of…

Nigeria signs MOU with US firm for 6 refineries

Nigeria has signed a Memorandum of Understanding with an American energy firm to build six oil refineries, in a project…

Oando, Integrated Oil fault Subsidy report

The Integrated Oil and Gas Ltd. and Oando Plc have faulted the Aig-Imoukhuede led Technical Committee reports on verification of…
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