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Dangote Group to invest $2.3bn in Northern Nigeria

The Dangote Group on Saturday pledged to invest 2.3 billion dollars in sugar-cane and rice production in the Northern part…

Dangote moves to crash cement prices

The President of Dangote Group, Alhaji Aliko Dangote said that nine million tonnes of cement have been released into the…

Grasscutter Farming: Explore Goldmine In Your Backyard!

By Prince Arinze Onebunne Nigeria has a population of about 160 million from the 6.5 billion of the world population.…

DMO to sell N70bn worth of bonds on May 14

The Debts Management Office ((DMO) said on Friday that it would sell N70 billion worth of Federal Government bonds on…

WEF: Africa is greenfield for investments – Jonathan

President Goodluck Jonathan said Africa is open for direct foreign investments and will cease from demanding aids from the developed…

Apple plans August launch for iPhone 6

Apple plans to release its new iPhone in August, a month earlier than expected, after sales were hit by new…

WEF: African leaders sign $700m MoU to support immunisation

African Leaders on Thursday 8 May signed Memorandum of Understanding (MoU) of 700 million dollars to support immunisation and investment…

Dangote woos foreign investors to Nigeria

Africa’s richest businessman, Alhaji Aliko Dangote, on Thursday urged foreign investors to invest in Nigeria because “the business environment is…

Only a quarter of workforce contribute to Nigeria’s housing fund

Mr Raheem Onitolo, the Oyo State Controller of the Federal Mortgage Bank of Nigeria (FMBN), said less than 25 per…

WEF: Abuja records lull in government offices

The Federal Secretariat, Abuja, where most government offices are located, is now devoid of activities due to the government’s temporary…

Kaduna Disco, Niger Republic to collaborate on power supply

The Kaduna Electricity Distribution Company (KEDC) and the Societe Nigerienne D’electricite (NIGEREC) of Niger Republic, on Thursday agreed to adopt…

NATCOMS lament poor telecommunication services

Chief Deolu Ogunbanjo, President, National Association of Telecom Subscribers (NATCOMS), on Thursday said the poor services offered by telecommunication operators…

NPA to establish Maritime Safety Centre

The Nigerian Ports Authority (NPA) says it will soon establish a Maritime Safety Centre to improve marine services. The Managing…

WEF: Jonathan urges African leaders to commit to agriculture

President Goodluck Jonathan on Wednesday urged African leaders to go beyond campaign ‎slogans if they want to reap benefits of…

Lagos demolished 1,051 houses blocking drains, says Bello

Kazeem Ugbodaga The Lagos State Government has demolished 1,051 buildings erected on the right of ways of drainage alignment across…

Abuja shut down for WEFA

Ayorinde Oluokun/Abuja Abuja, was virtually shut down of Wednesday morning as the much anticipated World Economic Forum for Africa (WEFA),…

Coca-Cola To Remove Controversial Drinks Ingredient

The world’s largest beverage-maker, Coca-Cola, plans to remove a controversial ingredient from some of its drinks brands by the end…

Glo’s Network Overhaul Reaches Final Stage

Nigeria’s National telecom carrier, Globacom, has announced that its massive network expansion, swapping of old base stations with new ones…

Kenya awards seven oil blocs to Nigerian businessmen

Nigerian businessmen have been awarded seven oil blocs for exploration from the 46 newly discovered oil blocs in Kenya, Dr…

Nigeria’s foreign debt now $9.16bn

Nigeria’s rising debt profile was the major concern of the National Conference Committee on Public Finance as members sought to…

Substandard phones contribute to poor network – NCC

Nigerian mobile telephone service subscribers have been advised to ensure their handsets meet the prescribed standard specification set by the…

Sheraton Beefs Up Security Over Bomb Threat

Jamiu Yisa There are strong indications that the management of Sheraton Hotels, Ikeja, Lagos, southwest Nigeria, has fortified its security…

No Plan To Jack Up Fuel Price, Says Jonathan

Eromosele Ebhomele & with agency report President Goodluck Jonathan said in Abuja on Sunday that the Federal Government had no…

Globacom Ghana passes NCA performance test

Globacom’s operation in Ghana has met key performance indicators (KPIs) set by the country’s telecom sector regulator, the National Communications…

Nigerian troops patrol airports ahead of WEF

Troops deployed Saturday to Nigeria’s main airports in a security clampdown ahead of a major international economic conference next week…

Nigerian group plans one million jobs in 4 years

Eromosele Ebhomele A Nigeria-based group, Transformation Ambassadors of Nigeria, (TAN), is to establish 10 cottage industries in all the 36…

Terrorists target a Sheraton hotel in Lagos, US warns

US diplomats in Nigeria on Friday claimed that “groups associated with terrorism” could be planning to attack a hotel in…

Jonathan shuts Abuja for WEF

Nigeria’s Federal Government on Friday directed that all government offices and schools in Abuja should be closed down for the…

Adenuga bags Grand Commander of Business award

Mike Adenuga Jr. (GCON), was named winner of the Grand Commander of Business Award in Nigeria and Africa. The entrepreneur…

Erastus Akingbola fails to stop N47.1bn theft charge

An Ikeja High Court on Friday dismissed an application filed by Erastus Akingbola, former Managing Director of defunct Intercontinental Bank.…
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