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Italy probes $533mn bribe to Nigerian officials, politicians

On a day that Nigeria marked its 54th independence anniversary, Italian prosecutors were busy combing the books of state-backed firm…

Argentine central bank chief resigns

Argentina’s central bank governor resigned Wednesday, the president’s office said, as the country grapples with an economic slowdown, a debt…

DPR sanctions 20 oil marketers in for sharp practices

The Department of Petroleum Resources (DPR) said it had sanctioned 20 petroleum marketers in Abuja in the last one week…

Dubai Fund to invest in Dangote Group

Investment Corporation of Dubai (ICD), with assets worth over $70billion, is exploring further investment opportunities with African conglomerate Dangote Group,…

Independence: We’ll continue to support Nigeria’s aspirations – Globacom

Nigeria’s indigenous telecommunications outfit, Globacom, has pledged to continue to support the aspirations of Nigeria’s founding fathers, this was contained…

O‎shiomhole signs 2015 budget appropriation into law

Jethro Ibileke/Benin Governor Adams Oshiomhole of Edo State on Tuesday signed the 2015 budget appropriation Bill of N159.3 billion passed…

EFCC witness denies threat to life

Henry Ojelu A prosecution witness in a N1.1 billion fuel subsidy fraud trial, Mr Kehinde Akinmolayo today denied that his…

Lufthansa pilots’ strike grounds around 20,000 passengers

A new walkout by Lufthansa pilots on Tuesday forced the cancellation of 50 flights in Frankfurt, Germany’s busiest airport, affecting…

Ebola screening for ships’ at Apapa port

Sand is unloaded from the vast hold of the Pintail cargo ship into waiting trucks at the port of Apapa…

China clears way for Apple iPhone 6 sales

China has cleared the way for Apple to sell its latest iPhones in the key market by granting it a…

Britons give away first-born children for free wifi

Several Britons agreed to give up their eldest child in return for the use of free wifi, in an experiment…

Bi-Courtney floors AMCON in court

By Simon Ateba A Federal High Court in Lagos has struck out an order obtained ‎by the Assets Management Corporation…

Oil Subsidy Trial: Court Summons EFCC Witness

By Henry Ojelu A Lagos High Court Judge, Justice Lateefat Okunnu today issued a witness summon against a witness of…

Canada’s Encana agrees to buy Texas oil for $7.1 bn

Canadian energy company Encana on Monday said it has agreed to buy Texas’s Athlon Energy for $7.1 billion, in a…

Arik Air Resumes Flights To Banjul After Ebola

Simon Ateba/Lagos Arik Air, Nigeria’s largest commercial carrier is resuming flight services to Banjul, Gambia, the airline said in a…

IGI boss, Remi Olowude is dead

Remi Olowude, Executive Vice Chairman, Industry and General Insurance Plc is dead at the age of 63. Olowude, a staunch…

Kenya commends Nigeria for boosting its agric policies

Mrs Dorcas Makwoi, the focal person, Comprehensive Africa Agricultural Development Programme (CAADP), Kenya, has commended Nigeria’s Agriculture Minister, Dr Akinwunmi…

Governors of NDDC states to tackle poor funding of the commission

Jethro Ibileke/Asaba The Advisory Council Niger Delta Development Commission (NDDC) has resolved to urgently address the funding challenges facing the…

Funding, militancy, delay completion of East-West Road

Jethro Ibileke/Benin C‎hallenges ranging from unpaid mobilisation fee, youth militancy and difficult terrain have been cited as among reasons delaying…

Boko Haram dims hopes of crude oil exploration in the north

Social and economic development has long been touted as the way to revive the fortunes of Nigeria’s impoverished north and…

Inventor of World Wide Web warns of threat to internet

The British inventor of the World Wide Web warned on Saturday that the freedom of the internet is under threat…

S.Africa gives Cuba $31 million economic aid

South Africa has agreed to provide Cuba with more than $30 million in “economic assistance”, Trade and Industry Minister Rob…

We’ll not condone environmental depletion – Ogun govt.

Abiodun Onafuye/Abeokuta Ogun State government has declared that it will not condone any industrialists whose activities pose a threat to…

World Bank approves $500m for SME in Nigeria

The Board of Executive Directors of the World Bank has approved 500-million-dollar credit for Medium and Small Scale Enterprises in…

Ogun to construct N200bn mega city – Amosun

Governor Ibikunle Amosun of Ogun on Friday said the state government had concluded plans to construct a mega city that…

NSE market indices record growth

Weekly transactions on the Nigerian Stock Exchange (NSE) closed upward on Friday as the market indicators appreciated marginally by 0.10…

Glo Xchange Town Hall Meeting Enters 4th Week

The Glo Xchange mobile money training sessions being held across the country for prospective agents has entered the fourth week,…

Nigeria passes test to continue ‎US flights

By Simon Ateba Nigerian planes are safe and will continue ‎to fly directly to the United States, the American Federal…

NDIC pays N93.6bn to depositors as liquidation dividend

Alhaji Umaru Ibrahim, Managing Director, Nigeria Deposit Insurance Corporation (NDIC), has said that the agency has paid N93.64 billion liquidation…

EU, UN Unite Against Drug Trafficking In Nigeria

Simon Ateba The European Union, EU, and the United Nations, UN, will continue to support the fight against drug trafficking…
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