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Jonathan fires NNPC execs, appoints successors

Oluokun Ayorinde/Abuja In what he described as an attempt to “further strengthen the ongoing reforms and transformation of Nigeria’s Petroleum…

Oyo state, BOI partner on hydro power plants

GBENRO ADESINA/IBADAN The Bank of Industry (BOI) said on Tuesday that it would assist the Oyo State Government in the…

River’s monorail project on course, says official

Nigeria’s Rivers State government on Tuesday expressed its commitment to complete the monorail project in the interest of the people.…

Sterling Bank sacks 400 with More to Go

Sterling Bank Plc has sacked 400 workers in a systematic mass retrenchment aimed at reducing overhead cost, the News Agency…

Microsoft Launches Apple’s iPad Rival

Microsoft has introduced its own line of tablet computers at a much-hyped press event in Los Angeles, marking a major…

Sony VAIO Notebook Debuts In Nigeria

Sony has launched its VAIO line-up of notebook computers in Nigeria. The new VAIO E Series, a range of notebooks…

Illegal jetty found in Lagos

The Department of Petroleum Resources (DPR) in Lagos on Monday said it discovered another illegal jetty in Kirikiri, where petroleum…

Smartphones herald the end of paid texts

Text messaging, the simple telecoms service that turned into a global phenomenon, is under threat from free smartphone services and…

Sudan adamant on fuel subsidy removal

There will be no turning back on Sudan’s policy of phasing out fuel subsidies, the finance minister said on Monday,…

Moody hits Spanish banks with credit downgrades

Moody’s hit 28 Spanish banks with new credit downgrades Monday, as Madrid formally requested a rescue loan of up to…

Kenya seizes Nigeria bound ‘peppered- ivory’

Kenya seizes 600 kg of Nigeria-bound ivory Kenyan security dogs at Nairobi airport Friday outsmarted traffickers and sniffed through a…

NNPC, SPDC Partner On NPDC Growth Target

As part of efforts to meet the Nigerian Petroleum Development Company, NPDC, 250,000 bpd target by 2015, the management of…

Ecobank Hits N32.3b Profit

Ecobank Group  has reported a N32.27 billion ($207 million) profit for its 2011 financial year, representing a 57 per cent…

Campari Rewards Consumers, Traders

Consumers and sellers of Campari were recently rewarded with prizes by the management of Brian Munro Ltd, sole marketers of…

Airtel Reinforces Choice With 2GoodTime

Two years after it changed the game in the telecoms market in favour of subscribers, Airtel Nigeria last week again…

Moody downgrades 15 top banks over losses

The health of 15 of the world’s largest financial institutions has been called into serious question after Moody’s downgraded their…

Vendors of pre-registered SIM cards arrested

No fewer than 12 vendors have been  arrested by the enforcement team  of the Nigerian Communication Commission (NCC)  for selling…

Air Nigeria suspended over financial distress

Simon Ateba Air Nigeria, the airline belonging to business mogul, Barrister Jimoh Ibrahim, has been suspended by the Nigerian Civil…

Brazil President To Lead Trade Mission To Nigeria

President Dilma Rousseff of Brazil has accepted an invitation from President Goodluck Jonathan to visit Nigeria before the end of…

Consumers Owe PHCN N900m In Umuahia

Mr. Jude Umeh, the Business Manager of PHCN in Umuahia, has said that electricity consumers in the area are owing…

Kia Sorento Gets Makeover

Kia’s large Sorento SUV has been given a facelift and will go on sale later this year. According to Kia,…

New Avanza Rattles Rivals

Isn’t it a surprise that the Avanza takes a big leap? Big on space, big on style, big on fun,…

Nissan Qashgai Guns For Sportage, Audi Q3

After the runaway success of the current car, it’s time for the Nissan Qashqai’s ‘difficult’ second album. In 2007, the…

Skoda Rapid Debuts In Paris

Skoda’s production version of its MissionL concept, the Rapid, is set to make its debut in Paris in September, and…

Brazilian president to lead trade delegation to Nigeria

President Dilma Rousseff of Brazil has accepted an invitation from President Goodluck Jonathan to visit Nigeria before the end of…

E/Guinea produces 520,000 barrels of oil daily

Equatorial Guinea’s Prime Minister Vicente Ehate Tomi said Wednesday that his country produced 520,000 barrels of oil a day, in…

Youth Kick Against Increase In Power Tariff

The National Youth League (NYL), a coalition of youth organisations and social movements, working to realise participatory democracy in Nigeria,…

Italian in Nigerian custody commits suicide

Ayorinde Oluokun/abuja Nigeria’s Economic and Financial Crimes Commission, EFCC on Tuesday said a 52 year-old Italian, Mr. Mauro Zanin, a…

Shareholders Battle Dangote

The Independent Shareholders Association of Nigeria, ISAN, has resolved to resist the resumption of Alhaji Aliko Dangote as President of…

GoTv Launched In Lagos

Details Nigeria has launched the newest and most innovative pay television service on the latest Digital Video Broadcast (DVB-T2) technology,…
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