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NSE market indices record further depreciation

Weekly activities at the Nigerian Stock Exchange (NSE) ended on a negative note on Friday as market indicators recorded a…

NBC,Coca-Cola challenge CPC, kicks against abuse of court process

Nigeria Bottling Company and Coca Cola Nigeria could challenge the recent court case instituted by the office of the Attorney…

Sony’s half-year loss skyrockets to $1bn

Sony said Thursday its net loss for the April-September period ballooned to nearly $1.0 billion, as the embattled electronics firm…

Nigeria’s GDP on steady rise in spite of insurgency

Amb. Martin Uhomoibhi, outgoing Permanent Secretary in the Ministry of Foreign Affairs, said on Thursday that Nigeria’s economic growth rate…

Nigerian court fixes date for trial of Coca Cola, NBC

Nnamdi Felix / Abuja The arraignment of the Nigerian Bottling Company and Coca Coca Nigeria Limited, alongside their managing directors,…

FAAN Boss’ Facebook Account Hacked

Simon Ateba The Facebook account of ‎the Managing Director of the Federal Airports Authority of Nigeria, Saleh Dunoma, has been…

Apple chief Tim Cook ‘proud to be gay’

Apple CEO Tim Cook came out as gay Thursday and said that fighting for equality is at the core of…

Glo Xchange ready for take off, recruits over 2000 agents

The last training sessions for prospective Glo Xchange agents was held over the weekend and it was well attended by…

Shell posts mixed third-quarter earnings

Royal Dutch Shell posted mixed third-quarter earnings on Thursday, as it weathered sliding oil prices but was buoyed by improved…

Nigeria, China trade volume hits N1.7trn in 7 months

The Consul-General of the People’s Republic of China in Lagos, Mr Liu Kan, on Wednesday said that the trade volume…

FG to host conference on infrastructure development

The Federal Government in collaboration with the private sector will hold a public policy conference on “Infrastructure Development In Africa…

Ogun to Purchase Another 500 Metro Taxis

Abiodun Onafuye/Abeokuta Given the level of cooperation and understanding from the transaction of the Metro taxis distributed to some people…

Jonathan approves appointment of NNPC Deputy GMD

President Goodluck Jonathan has approved the creation of a new office of Deputy Group Managing Director in the Nigeria National…

43 ships expected in Lagos with vehicles, petroleum products

Forty-three ships laden with various commodities are expected to arrive Lagos ports between Oct. 28 and Nov. 27, the Nigerian…

NBC, Coca-Cola not aware of violation of Consumer Protection Act

Nigeria Bottling Company, Coca-Cola and its chief executives have denied media reports that it was sued to court over violation…

Nigerian Stock Exchange becomes member of World Federation of Exchanges

The Nigerian Stock Exchange (NSE), today, announced that it received a unanimous vote for admission as a full member in…

Senate to adopt $78 oil benchmark for 2015 fiscal year

The Senate is set to adopt the proposed $78 as the country’s oil price benchmark for 2015 fiscal year. The…

Nigeria: German killed, another abducted by gunmen

Gunmen have opened fire on two vehicles carrying German nationals in southwest Nigeria, with one killed at the scene and…

FG May Sack Workers, Says Okonjo-Iweala

Ayorinde Oluokun/Abuja The Federal Government may be forced to embark on cost cutting measures like retrenching workers in some of…

Nigeria sues Coca-Cola for quality violations

Nnamdi Felix / Abuja In an unprecedented move to compel businesses operating in Nigeria to comply with the provisions of…

Uzoma Dozie is new GMD/CEO of Diamond Bank

The Board of Directors of Diamond Bank has announced the resignation of Dr Alex Otti effective October 30th 2014 and…

Domesticated Grasscutter: Too Natural To Be Neglected

Inadequate regional food supplies, diminishing quality of health and increasing environmental deterioration are the three key underlying problems affecting the…

Jonathan’s transformation agenda thrives on science, technology – Minister

Dr Abdul Bulama, the Minister of Science and Technology, on Friday, said President Goodluck Jonathan’s transformation agenda heavily relied on…

17 ships containing rice, palm oil expected at Lagos ports

Seventeen ships carrying food items like rice, crude palm oil, bulk wheat, bulk sugar, frozen fish, bulk soya bean and…

Revenue Allocation: Amaechi accuses Okonjo-Iweala, FG of massive corruption

Okafor Ofiebor/Port Harcourt Rivers state governor, Chibuike Amaechi, has accused the federal government of massive corruption and inability to draw…

Dana Air rewards guests with iPhones

By Simon Ateba Three loyal passengers of Dana Air have won iPhone 5s, the airline said in a statement on…

Power Nigeria Exhibition To Open In Lagos

Power Nigeria, one of Nigeria’s leading power exhibitions dedicated to the burgeoning African power industry, opens in Lagos on 28…

Electrical fault responsible for fire at MMIA

A fire incident that occurred at the Murtala Muhammed International Airport (MMIA) Lagos on Thursday has been traced to an…

Smokes at Lagos International Airport

By Simon Ateba Smoke was sighted at Lagos International Airport on Thursday, triggering fears of a fire incident. “There was…

Unilever says 3Q sales dip, blames China slowdown

Dutch food and cosmetics giant Unilever on Thursday posted a third quarter drop in sales down 2.0 percent, blaming a…
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