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World Bank CFO gives up bonus after uproar

The World Bank’s top chief financial officer Bertrand Badre gave up a controversial $94,000 bonus after a staff uproar over…

Monarchs urge states to replicate FG’s agric transformation agenda

Traditional rulers in Nigeria have called on state governments to replicate Federal Government’s Agricultural Transformation Agenda in their various states…

Fancy vivid pink diamond sells for record $17.8mn

A flawless fancy vivid pink diamond sold for a record US$17.7 million in Hong Kong late Tuesday, Sotheby’s said. The…

GSM, CDMA networks may cease to exist – ATCON

Lanre Ajayi, President, Association of Telecommunications Companies of Nigeria (ATCON), said on Tuesday that the Global System for Mobile Communication…

Yahoo systems breached by hackers

Yahoo said some of its servers were breached briefly by hackers, but that the attack was unrelated to the newly…

Nigeria has 48m active internet users – NITDA

Nigeria’s active internet users currently stands at over 48 million, Dr Peter Jack, the Director-General of the National Information Technology…

Madrid stocks plunge over first Ebola case outside Africa

The Madrid stock market sank on Tuesday following the announcement of the first case of the Ebola virus outside of…

NNPC warns contractors, others against scam contract proposals

The Nigerian National Petroleum Corporation (NNPC) has cautioned contractors and other stakeholders in the oil and gas industry against falling…

Crude oil: 40 Nigerian cargoes await buyers

Around 40 Nigerian crude oil cargoes were still available out of 63 loading in November, traders said on Monday, according…

Chinese firm buys Waldorf Astoria for $1.95bn

A Chinese insurance company has bought Hilton’s landmark New York luxury hotel the Waldorf Astoria for $1.95 billion, the US…

ITU to check for counterfeiting, substandard devices

The International Telecommunication Union (ITU) said it would hold talks on strategies to combat counterfeit and substandard devices in Information…

IPMAN acquires 1,000 hectares for N495bn refineries

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday announced its commitment to provide leadership in establishing private refineries.…

Anambra plans town hall meeting on agriculture

Following the success that the government of Anambra state has so far recorded in attracting significant investments into the agricultural…

Hewlett-Packard to split business

Hewlett-Packard is poised to become the latest technology firm to split into two entities by separating its computer and printer…

Jonathan to flag off $1bn Azura-Edo power plant

President Goodluck Jonathan is billed to lay the foundation stone of the $1 billion Azura-Edo 1,000 megawatts gas-powered Independent Power…

World Bank to provide 2,000 jobs in Delta

Benson Ojoko, the Coordinator, World Bank’s State Employment and Expenditure for Results (SEEFOR) in Delta, said the project would employ…

Akpabio calls for more investment in A/Ibom

Governor Godswill Akpabio of Akwa Ibom, on Saturday reiterated his call on stakeholders in the industrial sector to invest in…

Mobile Money agents laud Glo Xchange

Prospective agents of the newly launched Glo Xchange have praised Globacom, Nigeria’s leading telco for the mobile money super agent…

FIRS clamps down on oil companies, recovers N333m

The Federal Inland Revenue Service (FIRS) on Friday recovered N333 million from corporate tax payer in the Oil and Gas…

Fayemi rates self high as World Bank inaugurates scheme

Governor Kayode Fayemi of Ekiti on Friday said his administration had repositioned the state and put it in the limelight…

NSE market indices record further depreciation

Weekly activities at the Nigerian Stock Exchange (NSE) ended on Friday with market indicators recording further depreciation of 0.07 per…

Dep. Speaker, others laud Alex Otti

Deputy Speaker of the House of Representatives, Rt. Hon. Emeka Ihedioha, has congratulated Dr. Alex Otti, Group Managing Director and…

Facebook, Whatsapp Merge

The EU regulators on Friday, 3 October, 2014, approved the merger of Facebook and WhatsApp communication platforms. The regulators said…

West African Power Industry Award ceremony holds November

West Africa’s leading utility and energy professionals and projects are to be honoured at the annual West African Power Industry…

Diamond Woman Enterprise holds first seminar in Ibadan

Diamond Woman proposition, an initiative by Diamond Bank PLC aimed at empowering women economically, launched the first edition of its…

Associated Airline crash survivor cries out for compensation

Ms. Oluwatoyin Samson, cabin crew with Associated Airlines, who survived the 3 October, 2013 crash of one of the planes…

Amosun expresses delight at World Bank report on Ogun

Abiodun Onafuye/Abeokuta Ogun state governor, Ibikunle Amosun has expressed happiness over the World Bank Group report titled “Doing Business in…

7.2m Nigerians enroll to NHIS

Over 7.2 million Nigerians have enrolled and benefitted from the National Health Insurance Scheme, (NHIS) since its inception in 2005,…

FG to privatise airports

The Director-General, Bureau of Public Enterprise, Mr Benjamin Dikki, on Thursday in Abuja said the privatization of federal airports in…

AMCON seeks injunction to restrain Babalakin

The Asset Management Corporation of Nigeria (AMCON) on Thursday filed an application for injunction to restrain Dr Wale Babalakin from…
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