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Shoprite To Open Shop In Abuja

Africa’s leading supermarket, Shoprite, has concluded plans to open an ultra-modern 3,853 square metre store within the newly built Grand…

SON Tasks Nigerian Firms On ISO Certificate

The Standard Organisation of Nigeria, SON, has challenged Nigerian companies to obtain the International Standard Organisation, ISO, certificate for their…

Sony Unveils 20mp Waterproof Camera

Apart from mirrorless cameras like the Nikon 1 V1, there have been few bright spots in the camera and camcorder…

StarTimes Assures Subscribers Of Affordable Service

The management of NTA Star TV Network,  owners of StarTimes, has assured  its subscribers of its commitment to providing quality…

Nigerian army seizes stolen $9million crude oil

Nigeria has in the last five months seized 17.5 million litres of oil worth around $9 million (7.2 million euros)…

Air Nigeria’s office stormed over tax evasion

Simon Ateba Officials of the Federal Inland Revenue Service, FIRS, accompanied by mobile policemen, today, stormed Air Nigeria’s office in…

Shonekan Calls For Privatisation Of Seaports

Former Head of State, Chief Ernest Shonekan has called onthe Federal Government to consider the possibility of outright privatisation of…

FG, Private Sector To Expand Koko Port

Koko Port, one of the nation’s ports that was concessioned under the government ports reform programme in 2006, is to…

Congestion Looms At Apapa Port

Congestion is said to be looming at Apapa Port as a result of the new directive by the Presidential Committee…

Addressing Biosafety In Poultry Farming

Representatives of national sanitary committees in Benin, Burkina Faso, Mali, Ghana, Togo, Nigeria, and Senegal recently met in Lagos, southwest…

No panic buying of forex, CBN warns

Nigeria’s Central Bank has warned against the speculative buying of foreign exchange because of the depreciation in the value of…

Nigeria’s Euro bond trading at 5.5 per cent

The Nigeria Euro bond is trading at an average yield of 5.52 per cent at the international Capital Market as…

Bajaj popularises Okada in South Africa

The call on Alex FM radio is aimed at the residents in the overcrowded Johannesburg sprawl of shanties and houses:…

Robbers raid ATM in Abakaliki

Six robbery suspects on Friday raided an Automated Teller machine (ATM) installed at a popular eatery along Afikpo Road in…

We Will Fly Again —Dana Director

A director with Dana Air, the air carrier that crashed on 3 June in Lagos, southwest Nigeria, killing more than…

N17 billion paid for oil subsidy in 2012

Nigeria’s Minister of Finance, Dr. Ngozi Okonjo Iweala said on Thursday that the Federal Government had released N17 billion as part of the…

Polish woman declared wanted by EFCC

Nigeria’s Economic and Financial Crimes Commission, EFCC, has told an Abuja High Court that it had again failed in its…

Porsche Cautions Against Grey Imports

Porsche Centre, Lagos, Nigeria’s authorized Porsche dealership has cautioned local automobile enthusiasts against buying vehicles from overseas’ dealerships, warning such…

Renault Readies Own SUV

Renault is readying a new Megane-based SUV as part of the rejuvenation of its range. The car, due in 2015,…

Hilux Platform Hits 5m Units Sales Milestone

Toyota has announced that its International Multipurpose Vehicle (IMV) platform, which is used for the Toyota Hilux/Vigo pick-up, Innova minivan…

Nigeria Auto Market Guide Hits Newstands

A comprehensive handbook for the Nigerian Auto market, which has been lacking over the years would be hitting the news…

Auction Palaver: Company Drags Customs To Court

In a bid to reclaim its goods wrongly auctioned by the Nigerian Customs, a limited liability company, Curem Global Services…

Akure insurance broker suspended

The National Insurance Commission (NAICOM) on Wednesday in Abuja suspended Prime Investment Insurance Brokers Limited from doing business as insurance…

Racism: African American gets $25m compensation

A US jury has awarded $25 million in damages to an employee of a Luxembourg-based steel company who for years…

Air Nigeria Still Grounded

Air Nigeria’s planes which have been grounded for more than a week will remain grounded until the airline completes a…

Oil rich Arab States embrace solar energy

After decades of relying on carbon-emitting fossil fuels to build their cities in the desert, some oil and gas rich…

Nigeria’s SEC chief Arunma Oteh suspended

The head of Nigeria’s stock exchange regulator has been suspended from her post, its board announced Tuesday, weeks after she…

Oil prices take a dive

Oil prices diverged on Tuesday after New York crude struck an eight-month low with euphoria fading over a bailout deal…

World Bank projects little global economic growth

The World Bank on Tuesday projected “weak growth” for the global economy this year under pressure from Europe’s debt crisis…

Nigerian stocks close higher for the second day

Just like it happened Monday, transactions on the Nigerian Stock Exchange (NSE) on Tuesday appreciated by 0.27 per cent with…
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