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Business

Cashless Economy: Nigerians Want More Awareness

A cross section of Nigerians have urged the Central Bank of Nigeria (CBN) to carry out more enlightenment campaigns on…

FG Plans To Sell Petrol At N140 Per Litre–NLC

The Nigeria Labour Congress (NLC) has accused the Federal Government of creating artificial fuel scarcity across major parts of the…

Telecomms Subscribers Beg Govt. To Stop Multiple Taxes

Chief Deolu Ogunbanjo, President, National Association of Telecommunication Subscribers (NATCOMS), has called on the three tiers of government to stop…

Export Proceeds: CDF Counsels On Payment Methods

The Cargo Defence Fund (CDF), a project of the Nigeria Shippers’ Council (NCS), for assisting importers and exporters in the…

Ladol, Samsung Plan N1.6bn Academy

Government’s quest to raise the bar in the nation’s oil and gas sector through the local content policy may have…

Genesis Shipping Refutes ‘MT Ben K’ Report

Genesis Worldwide Shipping, the Nigerian shipping company linked with a ship, ‘MT Ben K’ which is currently under arrest by…

No Plan To Increase Electricity Tariff —Minister

The Minister of Power, Prof Bart Nnaji says the electricity tariff in Nigeria will not go up by 88 per…

Suru Group Boss Tasks FG On Treasure Bill Interest

The group managing Director of Suru Group of Companies, a conglomerate that deals with banking, real estate, hospitality, construction, power…

American jailed over Nigerian bribes

The former head of US construction company KBR was sentenced to 30 months in prison over the bribing of Nigerian…

World’s Largest BMW Showroom Opens

Bigger, better, faster, more. And in keeping in line with that train of thought, the title of world’s largest BMW…

Nissan’s Inviting New Concept

Nissan wants there to be no doubt in your head that this is an ‘inviting’ car, given that the company…

Stallion Moves To Establish Six Vehicles Plant

As the Autoline Valentine Motor Show which began Monday 13 February 2012 came to an end, the management of Stallion…

FG Renews NNPC/ MPN Joint Venture Oil Leases

After a painstaking negotiation, the Federal Government on Wednesday renewed the oil mining lease 67, 68 and 70 of the…

UBA Sells N100b Bad Loans To AMCON

The United Bank for Africa (UBA) on Monday said it sold N100 billion non-performing loans to the Assets Management Corporation…

Airtel, First Bank Sign MOU On Mobile Money Service

The landscape of e-banking services in Nigeria is set to witness a major shift as two leading companies in banking…

Etisalat Wins African Telecoms Deal Award

Nigeria’s fastest growing and most innovative telecommunications operator, Etisalat, has emerged winner of the ‘African Telecoms Deal of the Year…

NCC Clamps Down On Illegal Phone Makers

The fight against unapproved mobile phones in Nigeria took a more robust push with the Nigerian Communications Commission, NCC, sealing…

Europe seals 310 billion dollar Greece bailout

Euro zone Finance ministers sealed an unprecedented deal early Tuesday for a new 237-billion-euro ($310 billion) bailout designed to keep…

NERC Warns Power Distribution Companies Against Unapproved Charges

The Nigerian Electricity Regulatory Commission (NERC) on Monday warned electricity distribution companies not to charge their customers rates outside what…

Fuel subsidy removal jacks up Nigeria’s inflation

Nigerian inflation jumped to 12.6 percent in January from 10.3 percent the previous month, driven by hikes in petrol prices…

Ecobank Assures Customers of Seamless Services Delivery

Ecobank Nigeria has assured customers of seamless service delivery at all its over 600 branches nationwide. This follows the seamless…

Oil prices hit 8-month high

Brent crude hit an eight-month high in Asian trade Monday after Iran halted its oil sales to France and Britain…

World Bank to pick new chief April

The World Bank said Friday it would select a new president to succeed Robert Zoellick by April 20, the start…

Interswitch Drives CBN’s Cashless Policy With e-Payment Solutions

The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the 24 deposit money banks, aimed at…

Guinness Declares N7.14b Profit

Guinness Nigeria Plc has declared a profit after tax of N7.147 billion for the half year (H1) ended December 31,…

Court Orders First Bank To Pay Dismissed Staff N5m

An Ikeja high court in Lagos has ordered First Bank of Nigeria Plc to pay the sum of N5million to…

Dodge Durango Is Here

The Dodge Durango, renowned American luxury Sports Utility Vehicle has finally settled in Nigeria, courtesy of Weststar Associates Nigeria Ltd,…

New M-Class Unveiled

The fact that the new M-Class is as fuel-efficient as the economical saloon cars displaying the Mercedes star makes the…

Record Results For Diamler’s Anniversary Year

German auto and truck giant Daimler, which owns Mercedes-Benz, said recently that it achieved record sales and profits in 2011,…

Stallion Flags Off Motor Exhibition

Stallion Motors, automobile franchise dealership will from 13-18 February 2012 showcase an array of contemporary automobile brands at the Autoline…
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