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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…

Still bad news for RIM’s Blackberry

There is no relief in sight for Research in Motion, makers of the smartphone BlackBerry. The latest market survey in…

Yakubu, NNPC GMD formally unveiled

The Nigerian National Petroleum Corporation has formally unveiled its new group managing director, Engineer who was appointed last week to…

MTN workers: Why we are on strike

Striking workers of the MTN call centre in Jos on Saturday appealed to customers hit by their action to be…

Apple blocks sale of Samsung Nexus in US

South Korea’s Samsung vowed Saturday to “take all available measures” to fight a US court’s decision to block American sales…

World Bank: 6 charged in Nigeria for embezzlement

The Economic and Financial Crimes Commission, EFCC has arraigned Felix Maduegbuna, Stephen Fakrogha and Mbakwha Cooperative Society on one hand;…

Turkey Set To Expand Steel Trade With Nigeria

By  Henry Ojelu A high-powered Turkish business delegation of 30 business people and investors in the steel industry will visit…

Bharti Airtel Strengthen Investment In Malawi

By  Henry Ojelu Management of Bhartiel Airtel says it has strengthened its investments in Malawi with over $25 million recently…

Nigerian Ports Record Increase In Cargo Throughput

By Esther Komolafe Between 2006 and 2011, cargo throughput at the nation’s ports increased by over 90 per cent, according…

Cabotage Act Amendment: Reps Seek Stakeholders Inputs

To address the current lapses in the Cabotage Act, otherwise called the Coastal and Inland Shipping Act of 2003, the…

Blackberry maker to cut 5000 jobs

BlackBerry maker Research In Motion said Thursday it would cut 5,000 jobs worldwide and delay its new smartphone platform as…
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