Business

NCC, Nollywood to enhance film production

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12 years ago

The Nigerian Communication Commission (NCC) says it is partnering the Nigerian movie industry to enhance the Information and Communication Technology…

FAAN increases security check at airports

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12 years ago

The Federal Airports Authority of Nigeria (FAAN) on Saturday said it had intensified special security check of individuals and vehicles…

Osun set to increase apiary

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12 years ago

The Osun Government on Friday said it had acquired 10.7 hectares valued N2.4million for apiary at Oyan, Odo Otin Local…

Active GSM lines up to 126m in April

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12 years ago

The Nigerian Communications Commission (NCC) on Friday said that active lines in the nation’s telecommunications industry increased to 129,391,392 in…

Shell faces hefty compensation claims after UK Court ruling

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12 years ago

A landmark United Kingdom court ruling paves the way for Shell to finally be held accountable for devastating oil pollution…

Grasscutter, Antelope Meat Are Superfoods

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12 years ago

By Prince Arinze Onebunne Every one of us makes life critical decisions each day. With each meal; we are determining…

Invest in aviation, Minister tells private sector

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12 years ago

The Supervising Minister of Aviation, Dr Samuel Ortom, on Thursday called on the private sector to invest in infrastructure development…

India largest importer of Nigeria’s crude oil

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12 years ago

The Nigerian National Petroleum Corporation (NNPC) on Thursday said India had replaced the United States as the largest importer of…

ExxonMobil gets 14 days ultimatum to sort discrimination issues

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12 years ago

Indigenous contractors working for ExxonMobil Unlimited in Eket, Akwa Ibom, on Thursday gave the company 14 days to address lingering…

Siemens and Mitsubishi increase bid for Alstom

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12 years ago

Siemens and Mitsubishi upped their offer for France’s power-to-rail group Alstom on Friday, as they battled with General Electric to…

FG releases N200bn as capital vote

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12 years ago

The Federal Government in Abuja on Thursday announced the release of N200 billion for the execution of capital projects for…

FG to spend N13bn for Abuja satellite towns

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12 years ago

General Martin Agwai (retd.), Chairman, Subsidy Reinvestment and Empowerment Programme (SURE-P), said Federal Government would spend N13 billion to provide…

Nigeria ranked as most preferred investment destination

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12 years ago

A United States based economic advisory firm, Frontiers Strategy Group, said investment interest in Nigeria by international organisations and multinationals…

BA to increase Nigeria operations with 72 aircraft

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12 years ago

The British Airways (BA) airline said in Ikeja on Thursday that it would soon acquire 72 new aircraft, to boost…

Lagos shuts oil firm over N4.9bn tax evasion

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12 years ago

The Lagos State Internal Revenue Service (LIRS) on Wednesday sealed an oil and gas consultancy firm, BakLang Allianz International Limited,…

EU set to solve Nigeria’s power problem

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12 years ago

The European Union (EU) is to intervene in Nigeria’s power sector problems. Towards this end, the union is to sign…

Nigeria’s oil minister approves sale of Conoco assets to Oando

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12 years ago

Nigeria’s oil minister, Diezani Alison Madueke, has finally given her consent to the acquisition of Conoco-Phillips Nigerian asset by Oando,…

Jonathan appoints new PTDF Executive Secretary

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12 years ago

President Goodluck Jonathan has appointed Olufemi Ajayi as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). This was…

Bi-Courtney pledges repair of faulty elevators at MMA2

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12 years ago

Bi-Courtney Aviation Services Ltd., (BASL) on Wednesday assured air travellers that faulty escalators at the Murtala Muhammed Airport (MMA2) would…

Nigeria seeks $200m credit from Germany – Okonjo Iweala

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12 years ago

The Federal Government is seeking 200 million dollars “soft credit” from the German Government for the establishment of a development…

‘Green car’ splits global automakers

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12 years ago

Global automakers are locked in a showdown evoking the video format wars of the 1980s, as they bet on what…

NUPENG suspends nationwide strike

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12 years ago

The National Union of Petroleum and Natural Gas (NUPENG) said on Tuesday that had suspended its planned nationwide strike. NUPENG’s…

FG, States, LGs share N683.9bn for May

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12 years ago

The Accountant-General of the Federation (AGF), Jonah Otunla, said N683.9 billion was shared among the Federal Government, states and local…

‘Glo Delivers Seamless Services On Our Campus’

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12 years ago

Students of the Edo State College of Agriculture have commended Globacom for providing excellent services on their campus located at…

Inflation rate up by 0.1% – Bureau

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12 years ago

The National Bureau of Statistics (NBS) on Monday said inflation rate stood at 8.0 per cent in May, 0.1 per…

Rice farmers lament insecurity in Borno

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12 years ago

The Maisandari Rice Farmers Association in Borno state said that Boko Haram insurgency had forced its members to abandon farming…

Rural areas need telecoms presence – Ericsson Nigeria

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12 years ago

Kamar Abass, Managing Director of Ericsson Nigeria, on Sunday in Lagos urged telecom operators to dwell more on infrastructure sharing,…

Abuja-Kaduna rail line 85% complete

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12 years ago

The Minister of Transport, Senator Idris Umar, said on Saturday that the Abuja-Kaduna Standard Gauge Rail Modernisation Project was 85…

Mitsubishi offers to buy 10% stake in Alstom

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12 years ago

Japan’s Mitsubishi Heavy Industries is offering to buy a 10 percent stake in Alstom, a report said Sunday, as it…

US demands $10 bn from Citi over mortgage bonds

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12 years ago

The Justice Department has asked Citigroup for more than $10 billion to settle claims the bank misled investors on mortgage-backed…

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