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Business

Addressing Biosafety In Poultry Farming

Representatives of national sanitary committees in Benin, Burkina Faso, Mali, Ghana, Togo, Nigeria, and Senegal recently met in Lagos, southwest…

No panic buying of forex, CBN warns

Nigeria’s Central Bank has warned against the speculative buying of foreign exchange because of the depreciation in the value of…

Nigeria’s Euro bond trading at 5.5 per cent

The Nigeria Euro bond is trading at an average yield of 5.52 per cent at the international Capital Market as…

Bajaj popularises Okada in South Africa

The call on Alex FM radio is aimed at the residents in the overcrowded Johannesburg sprawl of shanties and houses:…

Robbers raid ATM in Abakaliki

Six robbery suspects on Friday raided an Automated Teller machine (ATM) installed at a popular eatery along Afikpo Road in…

We Will Fly Again —Dana Director

A director with Dana Air, the air carrier that crashed on 3 June in Lagos, southwest Nigeria, killing more than…

N17 billion paid for oil subsidy in 2012

Nigeria’s Minister of Finance, Dr. Ngozi Okonjo Iweala said on Thursday that the Federal Government had released N17 billion as part of the…

Polish woman declared wanted by EFCC

Nigeria’s Economic and Financial Crimes Commission, EFCC, has told an Abuja High Court that it had again failed in its…

Porsche Cautions Against Grey Imports

Porsche Centre, Lagos, Nigeria’s authorized Porsche dealership has cautioned local automobile enthusiasts against buying vehicles from overseas’ dealerships, warning such…

Renault Readies Own SUV

Renault is readying a new Megane-based SUV as part of the rejuvenation of its range. The car, due in 2015,…

Hilux Platform Hits 5m Units Sales Milestone

Toyota has announced that its International Multipurpose Vehicle (IMV) platform, which is used for the Toyota Hilux/Vigo pick-up, Innova minivan…

Nigeria Auto Market Guide Hits Newstands

A comprehensive handbook for the Nigerian Auto market, which has been lacking over the years would be hitting the news…

Auction Palaver: Company Drags Customs To Court

In a bid to reclaim its goods wrongly auctioned by the Nigerian Customs, a limited liability company, Curem Global Services…

Akure insurance broker suspended

The National Insurance Commission (NAICOM) on Wednesday in Abuja suspended Prime Investment Insurance Brokers Limited from doing business as insurance…

Racism: African American gets $25m compensation

A US jury has awarded $25 million in damages to an employee of a Luxembourg-based steel company who for years…

Air Nigeria Still Grounded

Air Nigeria’s planes which have been grounded for more than a week will remain grounded until the airline completes a…

Oil rich Arab States embrace solar energy

After decades of relying on carbon-emitting fossil fuels to build their cities in the desert, some oil and gas rich…

Nigeria’s SEC chief Arunma Oteh suspended

The head of Nigeria’s stock exchange regulator has been suspended from her post, its board announced Tuesday, weeks after she…

Oil prices take a dive

Oil prices diverged on Tuesday after New York crude struck an eight-month low with euphoria fading over a bailout deal…

World Bank projects little global economic growth

The World Bank on Tuesday projected “weak growth” for the global economy this year under pressure from Europe’s debt crisis…

Nigerian stocks close higher for the second day

Just like it happened Monday, transactions on the Nigerian Stock Exchange (NSE) on Tuesday appreciated by 0.27 per cent with…

Nigeria, Turkey trade volume rises

The trade volume between Nigeria and Turkey stood at 1.3 billion dollars (N206 billion) in 2011, Dr. Herbert Ajayi, the…

80 Ships Expected In Lagos

Eighty ships are expected to arrive at the Lagos ports in the next three weeks, the News Agency of Nigeria…

Apple Sets Off iPad Price Cut

Apple’s announcement in March, upon releasing the new iPad 3 that it was lowering iPad 2 pricing to $399, (N63,000)…

Dangote Cement expands Obajana Plant

The Dangote Cement Company is to be the largest cement plant in the world with a combined production capacity of…

Kabo Air denies having old aircraft

Nigerian airliner, Kabo Air Limited on Sunday denied media reports that some of its aircraft are over 30 years old.…

Nigeria plans biggest exporter of gum arabic

Nigeria’s Borno Government said on Sunday that it planned to make the state the world’s largest exporter of gum Arabic…

Group wants Halliburton, Eni SPa, Shell tried for bribery

Socio-Economic Rights and Accountability Project (SERAP) has sent a request to the Attorney General of the Federation and Minister of…

Kwara state, Cornell University sign MOU

Nigeria’s Kwara Government and College of Agriculture and Life Sciences of Cornell University, New York, have signed a Memorandum of…

Apple courts software developers at summit

Apple on Monday will spotlight next-generation software for its coveted gadgets as it kicks off its annual gathering of developers…
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