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FG Awards N90b Gas Pipeline Contract

In a move to boost electricity supply to Nigerians, government has awarded a contract of N90.4 billion for gas supply…

Ban On British Airways: Aviation Minister Slows Down

The Nigerian Minister of Aviation, Mrs. Stella Oduah, will not enforce the ban on British Airways and other foreign airlines…

CBN Identifies Problem Of Cashless Policy

Malam Sanusi Lamido Sanusi, Central Bank Governor, has attributed the challenges witnessed with electronic transfer on cashless policy to low…

NNPC Collected N310b Illegal Subsidy On Kerosene —Lawan

Chairman of the House of Representatives Committee on the oil sector, Hon.Farouk Lawan this morning made a startling revelation that…

Mobile Payments To Replace Cash, Credit By 2020 —Experts

By 2020, mobile payments will have gained mainstream acceptance and could replace cash and credit for most online and in-store…

USPS Warns Customers Against Fraudulent E-mail

Some postal customers are getting bogus e-mails about a package delivery or online postage charges that contain a link or…

Omo Unveils New Pack

Omo, a leading laundry detergent brand from the stable of Unilever Nigeria Plc, has concluded plans to unveil a new…

Oshiomhole Wants Agriculture Subsidized

Governor Adams Oshiomhole of Edo State has called for continued subsidy on agricultural produce as a means of protecting local…

Shell responds to Al’s criticisms over Niger Delta oil spills

Shell Nigeria has reacted to the latest criticisms of its oil exploration in Nigeria and the attendant spillage, affecting some…

NNPC debunks House report on oil subsidy claims

The NNPC has picked holes in the House of Representatives Committee probe report on petroleum subsidy regime and denied it…

Super energy saving bulb goes on sale in USA

A prize-winning, super energy saving LED bulb from Dutch electronics giant Philips, said to last over 20 years, went on…

Nigeria Police foil bank robbery in Abeokuta

The Nigeria police in Abeokuta foiled a robbery attempt at a branch of Guaranty Trust Bank in Kuto, a statement…

Ekpoma bank workers urge action on banditry

Bank workers in Ekpoma in the Esan West Local Government Area of Edo have vowed to paralyse commercial activities in…

Oil Subsidy Scam: Nigeria sacks 2 Auditing Firms

Ayorinde Oluokun/Abuja In a surprise, but suspicious move, the Federal Government has announced the termination of its contract with Akintola…

‘Nigeria Loses N2tr To Capital Flight In Maritime Sector’

The Indigenous Ship owners Association of Nigeria (ISAN) has said that the Nigerian maritime industry is losing N2trillion to capital…

SON Seizes N450m Fake Cables

The Standards Organisation of Nigeria (SON) has made a seizure of substandard electric cables worth over N450 million at the…

Airtel, Avaya Partner On Customer Service

Bharti Airtel Limited (“Airtel”), a leading telecommunications services provider with operations in 20 countries across Asia and Africa, and Avaya,…

Starcomms To Introduce My PAD2 Tablet

Starcomms Plc, Nigeria’s leading Code Division Multiple Access operator, is set to introduce the latest version of its tablet (myPAD2),…

Coollink Plans New Internet Satellite Launch

Coollink in partnership with YAHSAT has concluded plans to launch a new satellite services that is fast, reliable affordable and…

Shell To Invest $4b In Nigeria’s New Projects

Shell has begun looking at a potential $4.0 billion in new projects in Nigeria to boost production and reduce the…

New Renault Duster Drives In

As part of efforts to consolidate on the gains of a major reorganization and repositioning concluded recently, a new entrant…

Fire Probe Limited To 2010 Jeep Wrangler —Chrysler

Chrysler Group is taking up issues with news accounts, which say that authorities in US are expanding its investigation into…

Haval Wins CCTV Auto Model Award

CCTV Annual Auto Model Award” is jointly held by many authoritative organizations, such as CCTV Economic Channel and China Automotive…

2013 Nissan Altima For Launch

Nissan’s redesigned 2013 Altima midsize sedan goes on sale, with the new look, upgraded interior and richer technology all intended…

Toyota Nigeria Posts 33% Sales Growth In 2011

For another year running, the Toyota nameplate has emerged as the envy of other competing brand in 2011 with a…

Nigeria’s oil subsidy budget will run out, Sanusi Warns

Nigeria’s 2012 budget allocation to pay fuel subsidies will run out before the end of the year, risking Africa’s second…

Petroleum Minister Declares 12-Month Gas Supply Emergency Plan

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke Wednesday declared a `12-month gas supply emergency plan’ designed to correct the…

Oil prices slide

World oil prices fell sharply on Wednesday following recent gains after figures showed a much larger-than-expected increase in crude inventories…

Customs Acquires Helicopters To Combat Smuggling

The Nigeria Customs Service says it has taken delivery of two helicopters, 400 units of Toyota Hilux vehicles and 5,000…
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