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Business

MTN Declares Bumper Profit And Dividend

MTN, Africa’s largest mobile operator, posted a 21 percent rise in first-half profit on Thursday and paid a mid-year dividend…

Jostling For Nigeria’s Auto Market

No fewer than 30 brands of automobile at the last count are being represented by franchised dealerships across the country…

Freight Forwarders Hold Rally Against CRFFN

The Central Working Committee of Freight Forwarders of Nigeria (CWCFFN) has held a mass rally to condemn the way and…

NAFDAC Intercepts N25m Cerelac Baby Food, Cornflakes

The National Agency for Food, Drug Administration and Control (NAFDAC), Seme Command, has announced the seizure of Cerelac baby food…

Group Wants Govt Intervention

The National President of Micro Entrepreneurs of Nigerian (AMEN) Prince Saviour has pleaded with government to come to the rescue…

Shell Laments Increase In Oil Sabotage

Oil giant, Royal Dutch Shell, has said acts of sabotage are increasing in southern Nigeria. The Anglo-Dutch company said it…

Freight Forwarding Council Registers 2,046

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) says it has approved 2,046 out of 5,000 applications…

A Soul With A View: Kia Returns With Attitude And Fresh Features

The initial acclaim was almost universal as 15 motoring writers wandered among a party of balloons decorating a media briefing…

Diesel Power In A Better And Cleaner Mode

Motor-Supreme Global Limited, sole franchisees of Nulon fuel treatments in Nigeria,   recently introduced Nulon Diesel Injector Cleaner (DIC) into the…

Freight Forwarder Bags Award

A maritime newspaper, People’s Forum, has named Billy James Nigeria Limited as the most outstanding freight forwarding company in Nigeria…

ExxonMobil Resumes Oil Shipments After Nigeria Spill

US oil giant ExxonMobil said Wednesday it had resumed oil deliveries from Nigeria after cleaning up a spill from an…
Nigeria's airline, Aero Contractors, pegs fares for all routes within the country at N80, 000 for one-way trips for the Yuletide season.

On Aero’s Plan To Blacklist Passengers

Last week, Aero Contractors, the oldest indigenous carrier in the country, said that it will not hesitate to blacklist any…

P/H Port’ll Soon Regain Past Glory, Says NCS Boss

The Area Controller in charge of Port Harcourt Area 1 Command of the Nigeria Customs Service, Alhaji Ahmade Jamo, has…

Lagos Needs 257,000 Tons Of Fish Annually

Lagos State needs 257,000 Tons of fish annually in order to meet the World Health Organisation, WHO’s recommendation of 15kg/caput…

Bank PHB To Take Over Vono

A foremost Nigerian mattress and bed materials manufacturing company, Vono Nigeria Plc, may be liquidated any time from now as…

Online To Claim Biggest Piece Of Media Pie By 2014

Online is set to become the largest media sector in terms of ad spend by 2014, hitting $3.9bn, according to…

Trial Of Bank PHB’s Managing Director To Start Afresh

There is no reprieve yet for the former managing director/chief executive officer of Platinum Habib Bank (Bank PHB Plc), Mr.…

FCMB Gets Shareholders’ Nod For IFC’s $170m Investment

Plans by the International Finance Corporation to invest $170 million in FCMB Plc has been approved by the shareholders of…

ZAIN: When Will The Name Change Stop?

The company started as Econet Wireless Nigeria in 2001 then changed to Vodacom Nigeria in 2004.  The same year it…

Labour, MAN, Hail Release Of N30b Grant

The national body of textile workers union and the Manufacturers Association of Nigeria (MAN) have commended the Federal Government for…

Petroleum Minister Alison-Madueke Says PIB Will Change Oil Industry

Nigeria oil and gas industry was the focus of global attention last night on the special CNN Business Half Hour-…

Current Banking Reforms Inevitable –Sanusi

The Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi, said in Benin that the current banking reforms were…

Customer Slams N15 Billion Suit On Afribank

A businessman, Mr. Cletus Ibeto and his company, IBG Investment Company Limited, have slammed N15 billion suit on Afribank Nigeria…

Receiver Manager Takes Over Frezone Plant Fabrication Company

A Federal High Court sitting in Lagos, while granting leave to a Lagos-based lawyer, Barrister Akin Adesomoju, appointed by Intercontinental…

NAFDAC Shuts ‘Pure Water’ Factory

In a move to improve on previous efforts aimed at ensuring proper hygiene in the production of packaged drinking water…

Consumers Decry Inadequate Information On Sim Card Registration

Consumers have decried the inadequate information on the ongoing Sim card registration across the country. Some consumers who spoke with…

Uba, Capital Oil Boss Faces Trial Over N4b Dud Cheque

A four count criminal charge of obtaining by false pretence and issuing of dud cheque has been filed against a…

Glo 1 To Offer Most Guaranteed Customer Solutions

Globacom says its new Glo 1 submarine cable will offer customers the most guaranteed solutions to their business needs. The…

Sharp Practices Abound In Auto Insurance Firms – Odiboh

Managing Consultant, Newsletters Limited, Dr. Oscar Odiboh, a player in the auto industry, has called on relevant government agencies to…

Marine Coy Dragged To Court Over Unpaid Loan

A limited liability company, Marine Deepwater Limited, has run into troubled waters as Guaranty Trust Bank through its solicitor Mr.…