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Business

FG needs to create 1.8mn jobs annually

The Minister of Trade and Investment, Olusegun Aganga, said in Lagos on Thursday that the Federal Government would generate at…

FG commissions five housing estates for civil servants

The Federal Government has commissioned five housing estates built for public servants in the Federal Capital Territory as part of…

Mixed Reactions Trail Borrow Me Credit

Sarah Eyo To solve the problem of insufficient credit to make telephone calls, telecoms companies recently introduce ‘borrow me credit’…

Dangote, Lafarge, Others In Cement Quality War

Henry Ojelu Following the increasing cases of building collapse in the country, the Standard Organization of Nigeria, SON, recently issued…

Etisalat Appoints New CEO

The Board of Directors of Etisalat Nigeria has announced the appointment of Matthew Charles Willsher as its new Chief Executive…

N30m Fraud Lands Manager, Accomplice In Trouble

Paul Iyoghojie Operatives of the Special Fraud Unit, SFU, Milverton Road, Ikoyi, Lagos, western Nigeria, have arraigned a branch manager…

NCC Seizes N10bn Pirated Items

The Nigerian Copyright Commission (NCC) on Tuesday said it intercepted and seized pirated cinematography, musical and educational books worth N10…

Nigeria lost 63.51 million barrels to oil thieves

The Shell Petroleum Development Company of Nigeria (SPDC) said Nigeria lost 63.51 million barrels of crude oil to oil theft…

Glo Introduces Electronic Recharge In Benin Republic

Major West African telecoms operator, Globacom’s subscribers in Benin Republic can now get their airtime recharged anytime and anywhere without…

Why Boat Mishap Is Rampant

Femi Ayodele Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Ziakede Patrick Akpobolokemi, has bemoaned growing cases…

Indigenous Shippers Face Tough Times

Femi Ayodele For indigenous ship owners, tough times are here as debts, poor business environment, lack of access to funds…

Revise automotive policy, Tokunbo dealers beg FG

Chief Sunday Akibo, founder and former President, United Berger Motor Dealer Association, on Tuesday said the new automotive policy would…

Drug Abuse: NDLEA Arrests 11 Kids, Hotel Manager

The National Drug Law Enforcement Agency (NDLEA) on Monday said it has arrested 11 children and the manager of a…

FG develops 30-year infrastructure Master plan

The National Economic Council (NEC) on Tuesday considered the final draft of the National Integrated Infrastructure Master Plan (NIIMP) meant…

Cashless policy: CBN gives 1year waiver on withdrawal charges

The Central Bank of Nigeria has granted one year withdrawal waiver charges on individual and corporate accounts in the remaining…

Money Laundering: Fani-Kayode’s aide, EFCC trade words

Akin Kuponiyi ‪The Economic and Financial Crimes Commission (EFCC) has debunked a claim by a witness in the trial of…

EFCC tasks stock market operators on integrity

The Economic and Financial Crimes Commission, EFCC, has charged stakeholders in the Nigerian capital market to be transparent and operate…

Witness Forced To Testify Against Bank

Henry Ojelu A former staff of Keystone Bank, Mr Uguru Onyike, Tuesday told a Lagos High Court in Ikeja, western…

Jigawa commences animal feeds production

Alhaji Idris Girbobo, General Manager, Jigawa Agricultural Supply Company Limited, said on Tuesday that the company had gone into animal…

Plane flying from Nigeria to Gabon ‘missing’

A four-seater plane flying from Nigeria to Gabon via Cameroon has disappeared, according to Cameroon aviation sources on Tuesday. The…

CBN ups Bureau De Change’s capital requirement to N35m

The Central Bank of Nigeria (CBN), on Monday, said it has increased the minimum capital requirement for Bureaux de Change…

Ministry calls for popularisation of research products

The Federal Ministry of Science and Technology said there was need for adequate popularisation and commercialisation of major research developments…

Ibru moves against sale of Oceanic Bank, takeover of Aero

Nnamdi Felix / Abuja Justice Ahmed Ramat Mohammed of a Federal High Court sitting in Abuja on Monday adjourned till…

China manufacturing grows for first time in six months

China’s manufacturing activity expanded in June for the first time this year as the effects of Beijing’s mini-stimulus on the…

Tokyo stocks up 0.36% by break

Tokyo stocks rose 0.36 percent on Monday morning, buoyed by a weaker yen and record-setting advances on Wall Street. The…

Union demands CDMA networks improvement

President of the National Association of Telecommunications Subscribers (NATCOMS), Chief Deolu Ogunbanjo, on Sunday urged the providers of Code Division…

Power generation will hit 6000MW by December

The Minister of Power, Prof. Chinedu Nebo, says electricity generation in the country will hit 6,000 megawatts before December. Nebo…

Alstom board backs bid by General Electric

The board of directors of French power-to-rail group Alstom on Saturday unanimously approved US conglomerate General Electric’s bid to acquire…

NSE moves against building collapse in Nigeria

The Nigerian Society of Engineers (NSE) on Saturday said decisive measures were being taken to stop the cases of building…

Nigeria gets 512mn euros from EU to improve power, security

The European Union (EU) has signed a financial agreement with the Federal Government to receive 512 million euros grant (N112…
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