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Larry Ellison steps down as Oracle chief executive

Larry Ellison on Thursday stepped down as chief executive of Oracle, handing off the helm of the successful technology company…

Allison-Madueke, others absent at Reps fuel crisis committee

The Minister for Petroleum Resources, Deizeani Allison-Madueke, on Thursday failed to appear before the House of Representatives joint committees on…

Jonathan’s priority is railway transformation – Tukur

Alhaji Bamanga Tukur, Chairman, Board of Nigerian Railway Corporation (NRC), has assured Nigerians that transforming railway system was President Goodluk…

Reps summon Deizeani, others over looming fuel crisis

The House of Representatives Joint Committees on Petroleum (Upstream and Downstream) and Gas Resources on Wednesday summoned the Petroleum Minister,…

Nigeria’s oil workers stop gas supply to Ghana

The strike declared by oil workers unions in Nigeria has halted gas supplies to several West African countries. The gas…

Azteco Bitcoin opens new opportunities to the world

Azteco, the easiest way to buy the new internet payment token Bitcoin, enters its final stage of development before full…

EFCC arrests two suspects over $7.9m scam

The Economic and Financial Crimes Commission, EFCC has arrested wo suspected fraudsters who allegedly defrauded a foreign investor of $7.9…

Reliable energy critical to Africa’s development – UN

Dr Kandeh Yumkela, Special Representative and Chief Executive of the Sustainable Energy for All Initiative of the United Nations, said…

Koluama youths invade Chevron over non payment of compensation

Youths from Koluama communities in Bayelsa, have invaded the North Apoi oil platform operated by Chevron over non payment of…

LAUTECH wins Google 2014 Online Marketing contest

Prof. Adeniyi Gbadegesin, Vice-Chancellor, Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, Oyo state, has commended the institution’s team which won…

Unease in NNPC over unremitted pension fund

The management of Nigeria National Petroleum Corporation on Monday moved to prevent a potentially crippling industrial unrest as it workers…

Britain’s Phones 4U collapses with 5,500 jobs at risk

British mobile phone retailer Phones 4U has collapsed into administration, putting more than 5,500 jobs at risk, the group said…

Heineken rebuffs hostile bid by rival SABMiller

Heineken has rejected a takeover bid by British rival SABMiller after the family-controlled Dutch beer giant said it preferred to…

Chinese firm to establish cassava processing industry

The Coordinator of Fadama 111 Project in Cross River, Mr Bassey Elemi, has said that a Chinese firm will establish…

Akpabio, Uduaghan, Yero to address US Summit

The governors of Akwa Ibom, Delta and Kaduna states have been picked to address young Nigerian professionals in the United…

FG decries continued importation of raw materials

The Minister of Science and Technology, Dr Abdu Bulama, has decried Nigeria’s continued importation of raw materials in spite of…

Hackers rob Nigerian bank of N6.3billion

Nigeria’s Economic and Financial Crimes Commission is on the trail of a group of computer hackers, who had stolen N6.28billion,…

ENI boss questioned for corruption in Nigeria

Claudio Descalzi, chief executive officer of the Italian oil and natural gas company Eni since May 2014 is under investigation…

NDLEA monitors over Nigeria-Brazil air route cocaine smuggling

The Chairman, National Drug Law Enforcement Agency (NDLEA) Alhaji Ahmed Giade, on Friday directed personnel of the agency to closely…

Elumelu Leads Experts To Address Power Challenges

Renown business leader and investment guru Tony Elumelu is heading up a high-level list of power experts who will address…

53 per cent of Abuja Rail project executed – Minister

The Minister of Federal Capital Territory (FCT), Mr Bala Mohammed, has said that 53 per cent of work on Lot…

IIorin Aviation College produces 18 pilots

The International Aviation College, Ilorin, on Thursday, said it had achieved another milestone in the aviation industry in Nigeria by…

Zamfara distributes 200 tricycles to commercial operators

The Zamfara State Government on Thursday distributed 200 tricycles to members of the Amalgamated Commercial Motorcycle Association and WAZOBIA KEKE…

Ebola will savage W. African economies – WHO

The Ebola epidemic could slice more than three percentage points off economic growth in the worst-hit countries of West Africa,…

Lawmaker urges Benue to enforce property laws

David Iorhemba, former Speaker, Benue House of Assembly, wants the state government to commence the implementation of laws on property…

FG trains 140 master bakers on cassava bread in North-Central

The Federal Government has held two-day training for 140 master bakers from North-Central zone on the Inclusion of 20 per…

Enugu govt. approves N465 million for SMEs

The Enugu State Executive Council has approved the payment of N465 million as its counterpart fund for the Small and…

Cross River to inaugurate Nigeria’s first monorail

Ten rail cars expected to power Nigeria’s first operational monorail will be inaugurated in Calabar in March 2015, Mr Bassey…

Lawmaker wants CBN to reverse N65 ATM charge

Mr Kamil Oyedele, Chairman of Osun state House of Assembly Committee on Finance and Appropriation, on Wednesday urged the Central…

Man Utd announces record £433.2m revenue

Despite their on-pitch travails last season, Manchester United on Wednesday announced a 19 percent rise in annual revenue to a…
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