Business

Navy averts hijack of tanker, destroys more illegal refineries

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10 years ago

The Nigerian Navy said on Monday that it had averted hijack an attack on `Hanze Kochi’, a marine tanker, and…

Samsung to announce new launch date for Galaxy Note7

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10 years ago

Samsung Electronics West Africa Limited (SEWA) has announced the postponement of the launch of Samsung Galaxy Note7 in Nigeria. This…

Lagos to close 10,444 unregistered private schools

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10 years ago

Kazeem Ugbodaga The Lagos State Government says it is set to shut down 10,444 unregistered private schools which littered the…

Nigerian lawmakers employ 2,570 aides – Survey

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10 years ago

No fewer than 2,570 aides are engaged by members of the 8th National Assembly, totaling 469, an investigation by the…

Nigeria sues Agip, Total for $635m over undeclared cargoes

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10 years ago

Cash strapped Nigeria’s Federal Government is demanding $635 million from two multinational oil companies, Agip and Total for undeclared crude…

Police rescue 7 Nestoil workers after 16 days in kidnappers’ den

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10 years ago

The remaining seven Nestoil workers who were abducted by hoodlums on Friday September 2 have been rescued by the Tactical…

Passengers lament high fares on Oshodi-Ijora route in Lagos

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10 years ago

Some intending passengers on the Oshodi-Ijora route on Sunday lamented the hardship they had to go through as a result…

FirstNation resumes flight operations

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10 years ago

FirstNation Airways says it will resume operations on Sunday evening, one month after it suspended flights to enable the aircraft…

3 kidnapped oil workers escape in Rivers

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10 years ago

Three of the 14 oil workers kidnapped along Omoku/ Elele road on September 2, have recently escaped from their abductors.…

CPC queries Samsung Electronics for explosion of Galaxy Note 7

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10 years ago

The Consumer Protection Council (CPC) has issued a seven-day ultimatum to Samsung Electronics West Africa Ltd. to provide full status…

Army wants ATM for frontline soldiers in Maiduguri

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10 years ago

The Nigerian Army on Sunday called on commercial banks to deploy Automated Teller Machines (ATM) to the military barracks in…

SERAP urges court to order EFCC to prosecute Dogara, others

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10 years ago

As the National Assembly resumes on Tuesday, Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court in…

Gilbert Chagoury sues FBI, US Justice Department over visa ban

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10 years ago

Gilbert Chagoury, billionaire businessman and owner of Eko Hotels in Lagos Nigeria has filed a legal action against the US…

Lagos unveils Ketu-Alapere lay-by to decongest traffic

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10 years ago

The Lagos State Government has unveiled the newly built Ketu-Alapere Lay-by and 700m concretized Slip Road to decongest traffic in…

Ambode flags off commissioning of N19.4 billion 114 roads

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10 years ago

Kazeem Ugbodaga Lagos State Governor, Mr. Akinwunmi Ambode on Saturday flagged off a week-long commissioning of 114 roads newly constructed…

NAHCON to sanction pilgrims’ agencies over Hajj fare

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10 years ago

The National Hajj Commission of Nigeria (NAHCON) on Friday said it would investigate allegations that states used agents in the…

BRT bus records first road crash on night service

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10 years ago

An operator of Lagos State Bus Rapid Transit (BRT) scheme, Primero Transport Services, has recorded first road traffic crash on…

South Africa Airways reports record loss

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10 years ago

State airline, South African Airways (SAA) on Friday, revealed a record loss of 4.67 billion rand (330 million dollars) for…

Nigeria’s inflation rate hits 17.6 % in August – NBS

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10 years ago

The National Bureau of Statistics (NBS) says Consumer Price Index (CPI) has increased to 17.6 per cent (year-on-year) in August…

Aviation group opposes bailout for domestic airlines

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10 years ago

A group, the Aviation Round Table (ART), has called on the Federal Government to resist any pressure to offer bailout…

Ecobank Nigeria launches MasterPass QR

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10 years ago

By Daniels Ekugo Ecobank Nigeria has launched Ecobank MasterPass QR, a Mastercard global digital system that allows people to pay…

Power generation improves, hits 4,285 megawatts

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10 years ago

The Transmission Company of Nigeria (TCN) has said that the country’s power generation has increased from 3,810 megawatts recorded on…

Nigerian inflation rises to 17.6 percent in August

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10 years ago

Annual inflation in Nigeria accelerated to 17.6 percent in August, a fresh 11-year high and the seventh monthly increase in…

Patience Jonathan must forfeit $15m-EFCC

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10 years ago

The Economic and Financial Crimes Commission says it is heading to court to file an application seeking the total forfeiture…

MTN scraps mobile money business in South Africa

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10 years ago

South African mobile phone operator MTN Group on Thursday scrapped its local mobile money business due to its high operating…

Nigerian trader killed in South Africa

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10 years ago

The Nigeria Union in South Africa said on Thursday that a Nigerian petty trader, Monday Okorie, was killed in Potchefstroom,…

Nigeria raises N183 billion in short-dated treasury bills

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10 years ago

Nigeria sold N183.24 billion worth in treasury bills at an auction on Wednesday, with mixed yields on all the tenors,…

Ibori’s conviction stands despite bribery evidence-UK

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10 years ago

Jailed former Nigerian state governor James Ibori’s convictions remain valid despite evidence a British police officer took bribes during the…

Textile union endorses Obaseki for governor

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10 years ago

The National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN) has endorsed Mr Godwin Obaseki as the next…

Ambode approves N740m compensation for LFZ host communities

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10 years ago

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday approved a total sum of N740,461,432.00 as compensation for host communities of…

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