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Nigeria: NUPENG shelves strike

Nigeria’s main oil workers union NUPENG on Thursday shelved a planned strike to protest the refusal of government to pay…

Subsidy Fraud: Economic Council backs FG

As residents of Abuja, continue to groan from fuel scarcity that has grounded the capital city for some weeks now,…

Nigerian stocks close lower again

The Nigerian Stock Exchange all-share Index (NSEASI) inched lower today as twenty four stocks recorded price decline to drive the…

Nigeria Customs Service Dragged To Court Over Unlawful Detention

A Lagos businessman, Mr. Adebowale Adebisi, whose vehicle was seized by the Nigeria Customs Service officials and who was arrested…

Stallion Parades All ‘European Car’ Test Drive

The Nigerian automobile media last week scored the trio of European engineered Volkswagen, Audi and Skoda range of automobiles A+…

Weststar Celebrates M/Benz Successes

It is jubilation galore in Nigeria as Weststar Associates Limited, the authorised sole distributor of Mercedes-Benz celebrates the honour given…

Land Cruiser: Rugged Off-Roader

The Land Cruiser is the de facto flagship of Toyota’s lineup, with the highest price and the most luxury features…

KIA Opens New Service Outlet In Abuja

A major Korean motor company, Kia Motors, has established a visible presence in the capital of Nigeria, Abuja, with the…

Nigeria’s telecom firms face fresh sanctions

The Nigerian Communications Commission (NCC) has concluded plan to invoke another round of sanctions on telecommunication operators beginning from September…

3 weeks after, 4 foreign oil workers freed in Nigeria

Four foreign oil workers who were kidnapped when unknown gunmen attacked their vessel in the Gulf of Guinea off Nigeria…

Oil strike: PDP accuses NUPENG of sabotage

Nigeria’s ruling party, the PDP on Wednesday accused the National Union of Petroleum and Natural Gas Workers (NUPENG) of sabotaging…

Nigeria exposes 25 oil companies and their loots

Ayorinde Oluokun/Abuja Bureau Chief The Nigerian government under blackmail and pressure by oil importers and unions went for broke Wednesday,…

Nestle plc, New Gold gain most as market resumes

Nestle Nigeria Plc, one of the highest priced stocks on Nigeria’s bourse packed on additional N11.03 weight today as the…

NUPENG threatens strike from Friday

Long lines formed at some petrol stations in Nigeria’s economic capital Lagos on Wednesday after the National Union of Petroleum…

LG Launches World’s First Battery TV

LG Electronics has launched the world’s first battery LED television into the Nigerian market. The LG 32LS3800 Battery LED TV,…
Government Ekpemupolo, aka Tompolo, Chairman, Tantita Security Services Nig. Ltd (TSSNL), alleges sabotage in fight against crude oil theft

How Jonathan spoils Niger Delta Warlords

America’s Wall Street Journal today revealed the mind-boggling million dollar sums that the Nigerian government has been paying Niger Delta…

Anambra set to join oil producing states

The Anambra state government, in eastern Nigeria, has completed its Orient Petroleum Resources Plc drilling lines and support equipment for…

Sokoto has abundant crude oil deposits, says Wammako

Governor Aliyu Wamakko of Sokoto State has disclosed the presence of abundant crude oil deposits in his state. And he…

Shell pays $383m to Nigeria’s security agents

An oil industry watchdog said Monday that Shell paid Nigeria’s military and police $65 million over two years to secure…

SEC appoints UBA, Stanbic market lenders

United Bank of Africa (UBA) Plc and Stanbic IBTC Plc have been appointed securities lending agents for equities and bond…

After the messy oil spill, Mobil begins clean up

Mobil Producing Nigeria (MPN) on Monday began the clean-up of Ibeno coastline contaminated by an oil spill reported on 13…

Nigeria lists rogue oil companies

Nigeria’s Federal Ministry of Finance on Friday published the 21 firms being investigated under the fuel subsidy regime. A statement…

NIMASA Boss Worries Over Arms Import

The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Ziakede Akpobolokemi, has raised alarm over the proliferation of arms…

Apapa Customs Rakes N139bn In 6 Months

The Apapa Area 1 Command of the Nigeria Customs Service (NCS) has increased its revenue generation capacity as it raked…

P.M.NEWS launches mobile edition

Pmnewsnigeria.com has launched a mobile version of its online news content delivery, its management said Friday. The mobile delivery has…

Port Congestion Looms As Truckers Threaten Strike

Truckers operating at the seaports have condemned the new Lagos State Traffic Law which restricts the movement of trucks in…

Air Force Blames Changes At NIMASA For Failed MOU

Frequent changes in the leadership at the nation’s apex maritime regulatory body, the Nigerian Maritime Administration and Safety Agency (NIMASA)…

Nutricima Seeks To Lead N20Bn Yoghurt Market

Nutricima Limited has declared its resolve to take the leadership of the market for ready to drink yoghurt, as it…

CNBC AABLA Honours Interswitch CEO

All African Business Leaders Awards (AABLA) has awarded the Managing Director of Interswitch, Mr. Mitchell Elegbe, the 2012 West Africa…

Nigeria’s urban inflation worsens

Nigeria’s urban inflation rate worsened in July, according to the latest figures given by Dr Yemi Kale, the Statistician-General of…
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