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Business

Shell issues force majeure on Nigeria’s oil export

Shell warned on Friday it may not meet production targets for crude exports in Nigeria after it shut down a…

Toyota unveils cars of the future, with auto pilot

Toyota on Friday unveiled the next generation of cars featuring an auto pilot system that will swerve to avoid collisions…

US shutdown will affect Nigeria, says Okonjo-Iweala

Nigeria’s minister of finance, Dr Ngozi Okonjo-Iweala, said on Thursday that the present shutdown in America, over budget row, might…

JUMIA wins world retail award

JUMIA, Nigeria’s leading online shopping destination has clinched the the World Retail Award At the ceremony in Paris, France, Jumia…

Dangote Cement, Zenith drag down Lagos bourse

The market capitalisation of the Nigerian Stock Exchange (NSE) depreciated by N94 billion or 0.79 per cent on Thursday as…

Shell To Sell 4 Oil Blocks

Shell Nigeria is putting up for sale four onshore Niger Delta oil blocks with a combined production of around 70,000…

Dangote Cement, Forte Oil record gains at NSE

Transactions on the Nigerian Stock Exchange (NSE) remained on the upbeat on Wednesday with the market indicators rising by 0.96…

‘I’m Honoured To Be Glo Ambassador’

Nigerian International and Liverpool Football Club winger, Victor Moses has described the ambassadorial deal Globacom signed with him as a…

Court discharges bench warrant for arrest of 2 oil marketers

A Nigerian court in Ikeja, capital of Lagos State on Wednesday discharged the bench warrant issued against two oil marketers,…

Social media killing Nigerian newspapers, say vendors

Newspaper vendors in the eastern Nigerian city of Umuahia, in Abia State, have attributed the low sales being experienced to…

Sierra Leone: No nation develops without robust transport Sector

During last year’s Presidential elections, Leonard Balogun-Koroma was the chairman of the campaign committee that charted President Koroma’s victory back…

9 killed in another garment factory disaster in Bangladesh

A huge fire at a garment factory on the outskirts of the Bangladeshi capital Dhaka has killed at least nine…

Carpenter jailed for stealing N6.88m from ATM

A Nigerian court in Kado, Abuja on Tuesday, sentenced Jamilu Hassan, 27, of no fixed address, to 16 months imprisonment…

Court orders arrest of fuel subsidy fraud suspects

Henry Ojelu Justice Lateefat Okunnu of the Lagos High Court in Ikeja, western Nigeria today issued a bench warrant on…

19 Ships With Petroleum Products Arrive Lagos Ports

Nineteen ships laden with different petroleum products have arrived at the ports in Lagos, according to the Nigerian Ports Authority…

Exhibitors Woo New Power Sector Investors

Over 100 power product exhibitors from 16 countries were  in Lagos last week to showcase the various products to new…

StarTimes Faces Fund Crisis

There are indications that StarTimes, the Chinese-owned digital payTV service provider is facing a financial crisis, which now hinders its…

Cable Car, Train Service Ready Soon —Fashola

The long awaited cable car project is on the verge of completion, says Governor Babatunde Fashola, but he did not…

Court Adjourns Ex-Oyo Commissioner’s Fraud Case

A Federal High Court sitting in Lagos, southwest Nigeria, this morning adjourned till Friday to rule on the bail application…

BA appoints Nigerian commercial manager for W/Africa

British Airways (BA) has appointed Mr Kola Olayinka as its Commercial Manager for the West African English speaking countries. The…

Nigeria’s Centenary Village To Cost N3.2Trn

The proposed Centenary Village, an ultra-modern city within the Nigerian capital of Abuja, to mark the 100 years of the…

N2.3t debt: Nigerian Governors puncture NNPC denial

EROMOSELE EBHOMELE Nigeria’s Progressive Governors Forum, PGF, has come down hard on the Nigerian National Petroleum Corporation for denying claims…

Forecast: Capital flows to emerging economies to decline

Private capital flows to emerging economies are poised to slow significantly next year after taking a hit from US plans…

Swiss hotel opens, optimistic about Nigeria’s tourism potential

Swiss International, a-Switzerland-based global brand in hotel and resort management, on Monday said Nigeria was among the fastest growing tourist…

Strike ends at CAC, work begins Monday

Staff of the Corporate Affairs Commission (CAC) will resume work Monday after suspending their strike over non-payment of an agreed…

Nigeria suspends Dana Air again

Simon Ateba/Aviation correspondent Nigerian aviation authorities have again suspended the operations of Dana Air whose plane crashed last year, killing…

NNPC denies owing Nigeria N2.3 trillion

The management of Nigeria’s NNPC on Sunday refuted a statement credited to Governor Adams Oshiomhole of Edo state that the…

NCAA suspends licence of Associated Airlines

The Nigerian Civil Aviation Authority (NCAA) on Saturday in Lagos suspended the operations of Associated Aviation Limited. Associated Aviation Ltd.…

EFCC, Stock Exchange sign MOU to check fraud

The Economic and Financial Crimes Commission (EFCC) and the Nigerian Stock Exchange (NSE) on Friday expressed their preparedness to check…

Poor Services: Telecoms Subscribers Want More Base Stations

President of National Association of Telecoms Subscribers (NATCOMS), Chief Deolu Ogunbanjo, on Friday advised telecom operators to erect additional Base…
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