Business

FG inaugurates committee on establishment of national carrier

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11 years ago

The Permanent Secretary, Ministry of Aviation, Hajiya Binta Bello, on Monday inaugurated a 12-member Ministerial Committee on the establishment of…

Nigeria will be self sufficient in sugar, rice, others by 2019 – Dangote

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11 years ago

Alhaji Aliko Dangote, the Chairman of Dangote Group, on Monday said Nigeria would be self sufficient in rice, sugar and…

Nigeria, Ghana, others lose 9.6bn dollars annually to corporate tax waivers

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11 years ago

Nigeria and three other West African countries lose an average of 9.6 billion dollars as revenues yearly through corporate tax…

250 Indian business delegation storm Nigeria

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11 years ago

At least 250 members of the Indian business community will be arriving in Nigeria on Tuesday for the Indian Show…

Electric company to recruit 3,000

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11 years ago

The Kaduna Electric Distribution Company (KEDC), according to a NAN report, said it had recruited 3,000 workers in its renewed…

Max Air to transport 35,576 pilgrims to Saudi Arabia for 2015 Hajj

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11 years ago

Max Air Ltd is to airlift a total of 35,576 pilgrims to Saudi Arabia for the 2015 Hajj, its Public…

Only diversification will save Nigeria’s economy – Expert

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11 years ago

An economist, Mr Tosin Yusuf, on Monday said diversification was the only way to get out of the current economic…

Australia, Japan, China stocks tumble amid economic worries

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11 years ago

Australian stocks plunged almost 4 per cent Monday wiping 60 billion Australian dollars (43.4 billion U.S. dollars) or two years…

Ethiopian Airlines targets 140 aircraft, 22 million passengers in 2025

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11 years ago

Mr Solomon Begashaw , General Manager, Ethiopian Airlines, Nigeria office, said on Sunday in Abuja that the airline is expected…

Don’t charge Nigerians for electricity not consumed, NERC directs Discos

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11 years ago

Ayorinde Oluokun/Abuja The Nigerian Electricity Regulatory Commission (NERC) has directed electricity Distribution Companies (Discos) to urgently restructure their fixed charges…

Shippers Association calls for closure of Lagos ports

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11 years ago

Shippers’ Association in Lagos State, has called for temporary closure of Tin-Can and Apapa ports until the bad spots on…

FG suspends Comptroller-General of Immigration

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11 years ago

David Paradang, the Comptroller General of Nigeria Immigration Service has been suspended from office by the Federal Government with immediate…

Naira rallies strongly amid CBN intervention

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11 years ago

The Nigerian currency, the Naira, on Friday, regained its strength and appreciated to N208 to the Dollar in the parallel…

New York Forum Africa: Helping African leaders drive economic and social dev.

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11 years ago

The New York Forum AFRICA (NYFA), the only pan-African business summit to be held in Africa in 2015, is taking…

Customs boss gives area commands N35bn weekly revenue target

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11 years ago

The Acting Comptroller-General of Customs, Dr. John Atte, on Thursday directed Area Controllers to increase their weekly average revenue from…

Fidson Healthcare declares N477m profit

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11 years ago

Fidson Healthcare Plc has released its results for the half year ended June 30, 2015, declaring a profit before tax…

Excess Crude Account now at $2.207billion

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11 years ago

The National Economic Council (NEC) has been told by the Permanent Secretary, Ministry of Finance, that the Excess Crude Account…

Power generation to hit 5,000mw by December

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11 years ago

The National Economic Council (NEC) said on Thursday that power generation in Nigeria will reach 5,000 megawatts by December, noting…

Boost revenue from N13bn to N35bn, New Customs boss says

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11 years ago

The acting Comptroller-General of Customs, Dr. John Atte, on Thursday directed Area Controllers to increase their weekly average revenue from…

Pay aviation dues to avoid embarrassment, FG advises airline operators

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11 years ago

The Federal Government has urged the Airline Operators in Nigeria to pay their dues to the aviation agencies promptly to…

Bristow crash: AIB releases manifest

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11 years ago

The Accident Investigation Bureau (AIB), on Thursday released the names of the passengers on board the ill-fated Bristow Helicopter which…

DPR Sanctions 45 Filling Stations in Kano for various offences

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11 years ago

MADUABUCHI NMERIBEH/Kano Department of Petroleum Resources, DPR, in Kano, northwest Nigeria, has clamped down on 45 filling stations for selling…

Ladipo Market traders settle rift over demolition

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11 years ago

Cyriacus Izuekwe Justice Iyabo Akinkugbe of the Lagos State High Court has struck out an order stopping the demolition of…

Nigeria oil producers targets 1.2 million local refining capacity

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11 years ago

Ayorinde Oluokun/Abuja Nigeria’s Independent Petroleum Producers Group (IPPG), said on Wednesday that the country has the capacity to refine up…

NSE market capitalisation decreases by N24bn amid profit taking

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11 years ago

Activities at the Nigerian Stock Exchange (NSE) on Wednesday ended on a negative trend with the market capitalisation dropping by…

Union disrupts activities of S/South Electricity Distribution Companies

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11 years ago

The National Union of Electricity Employees (NUEE) on Wednesday disrupted activities at Electricity Distribution Companies in the South South over…

Ambode cancels Falomo Shopping Centre redevelopment contract

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11 years ago

Kazeem Ugbodaga Lagos State Governor, Akinwunmi Ambode has approved the termination of the concession granted by the Lagos State Development…

Shell confirms multiple spills in Ikarama oil fields

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11 years ago

The Shell Petroleum Development Company (SPDC) has confirmed multiple spills from its pipeline network in Ikarama oil fields in Yenagoa…

AMCON Shake-Up: Buhari dumps Chike-Obi for Kuru

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11 years ago

President Muhammadu Buhari has approved the dissolution of the Executive Management Team of the Assets Management Corporation of Nigeria (AMCON),…

Nigerian Bottling Company goes to Okigwe

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11 years ago

Daniels Ekugo Nigerian Bottling Company (NBC) Limited, has stated its commitment to focused investment and developmental work of a mega…

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