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Fashola promises to settle Egbin Power N47b debt

Minister of power, works and housing, Mr Babatunde Fashola Friday promised to settle the N47 billion debt it owed to…

NAHCo secures validation for Port Harcourt International Airport’s operation

Nigerian Aviation Handling Company (NAHCo), said it had secured International Civil Aviation Organisation’s (ICAO) Regulated Agent Third Country Validation Process…
Offshore oil rig

NNDC to begin oil, gas exploration in north-east in 2016

The Northern Nigeria Development Company (NNDC) on Friday, said it would begin oil and gas exploration in the north- east…

Akwa Ibom Gov’t pleads with oil companies to extend MoU

Akwa Ibom Government has pledged to encourage oil companies operating in the state to extend their Memorandum of Understanding, MoU…

Nwankwo Kanu in trouble as court orders his accounts frozen over unpaid N924m loan

AKIN KUPONIYI In a bid to recover a debt of N924,788,754.56, a Federal high court sitting in Lagos, western Nigeria,…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Again, naira weakens against the dollar

Nigeria’s naira weakened further in the parallel market on Thursday, down 0.59 percent after the central bank’s exclusion of some…
Godwin Emefiele, CBN Governo

CBN to stop banks’ CRR funds

Mr Godwin Emefiele, the Governor of CBN, says the apex bank may not release funds due to banks following the…

South Africa’s rand weakens to record low after minister’s sack

South Africa’s South Africa’s rand weakens to record low after minister’s sack weakened early on Thursday, edging towards a record…

Flight attendants share their most awkward passenger pick-up stories

There has always been something sexy about flight attendants. Yes, it’s usually the uniform. But there’s also an inherent allure…

Facebook launches Internet.org competition in Africa

Facebook has launched the Internet.org Innovation Challenge in Africa, with the aim of recognising developers and entrepreneurs who are using…

Again, GTBank is named ‘Bank of the Year’ in Nigeria

Leading African financial institution, Guaranty Trust Bank plc has once again reaffirmed its position with its recent recognition as the…

Xiaomi smartphones set to conquer Nigeria

Xiaomi, the world’s fastest smartphone maker has established a strong presence in the Nigerian market, with the roll out of…

NBC restates commitment to focused investment

Daniels Ekugo Nigerian Bottling Company (NBC) limited, has stated its commitment to focused investments and upgrade of its manufacturing facilities…

30 ships to arrive Lagos with food, petroleum products – NPA

Thirty ships laden with various food items, containers, general cargoes and petroleum products are expected at the Lagos ports from…

300m child-friendly antimalarial treatments supplied without profit by Novartis

Novartis has announced that it has reached a delivery milestone of 300 million pediatric antimalarial treatments supplied without profit since…

Sona Biscuits teaches pupils biscuit making technics

Daniels Ekugo Sona Agro Allied Foods Industries Limited, maker of the Sona range of biscuits, wafers and cream crackers has…

Italy sees Ghana, Ethiopia priority in its Africa trade partnership plan

Italian Export Credit Agency (SACE) and other Italian companies are viewing Ghana and Ethiopia as a priority in its plans…

Navy arrests seven suspected oil thieves in Onne Port

Okafor Ofiebor/Port Harcourt The Nigerian navy has nabbed seven crew members on a ship and two barges near Onne Port…

GTBank to Reward GTCrea8 Customers with Mini Cooper Car

Henry Ojelu Foremost African Financial Institution; Guaranty Trust Bank plc is set to hold the 3rd edition of the GTCrea8…

Court adjourns KPMG suit against FRC till December 14

Akin Kuponiyi A Federal High court sitting in Lagos south west Nigeria will give a ruling 14 December on a…
Court grants EFCC interim order to freeze 1,146 bank accounts being investigated for unauthorized dealing in forex exchange, others

Court to EFCC: Investigate Yanaty Petrochemical for N1.8bn subsidy fraud

The Abuja Division of the Court of Appeal, on Monday, December 7, ordered Yanaty Petrochemical Limited, an oil marketing company,…

FG proposes N6trn budget, 38 dollars oil benchmark for 2016

The Federal Government on Monday proposed a budget of N6 trillion for 2016 at an oil bench mark of 38…

Proposed Lafia cargo airport not luxury project- Gov. Al-makura

Gov. Tanko Al-makura of Nasarawa State on Monday said the planned construction of a cargo airport in Lafia would add…

Fireman dies, 5 injured as fire razes Onitsha market

The Anambra Fire Service on Monday lost one of its staff while fighting the inferno that gutted the Ochanja Market,…

AlCatel Onetouch Phone partners Konga for Pop Star Phone

Daniels Ekugo Alcatel Onetouch has announced the arrival of the new Alcatel Onetouchpop Star smartphone in the Nigerian market. The…

South Africa’s credit rating under threat after downgrade

South Africa’s investment credit rating under serious threat due to its inability to fund crucial infrastructure projects and help to…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Businessmen in Lagos groan under weak Naira

Some businessmen in Lagos on Monday expressed concern that the continued crashing of the Naira at the parallel market was…

DHL, Total announce retail partnership in Nigeria

DHL Express, a foremost international express services provider and Total, Nigeria’s leading multinational energy company retailer and provider of convenience…

Sacked Cabin crew slams N5b suit on Virgin Atlantic Airways ‬

AKIN KUPONIYI ‪Twenty Nigerian cabin crew members recently laid off by Virgin Atlantic Airways Ltd have slammed a N5 billion…

Partner FG for economic prosperity, Aisha Buhari tells private sector

The wife of the President, Hajiya Aisha Buhari, on Sunday in Lagos, urged the private sector to partner with the…
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