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Business

Samsung stops Galaxy Note 7 phone sales after battery explosions

Samsung says it is suspending sales of its Galaxy Note 7 smartphone after finding batteries of some of the gadgets…

Forestry research institute identifies 120 indigenous species

The Forestry Research Institute of Nigeria (FRIN), Ibadan, said it had identified 120 indigenous species in 2016 that could foster…

NIWA urges investors to take advantage of dredged River Niger

The National Inland Waterways Authority (NIWA) has urged the private sector to take advantage of the dredged section of the…

I don’t have a twitter account – Finance Minister

The Minister of Finance, Mrs Kemi Adeosun, does not have any twitter account, her spokesperson, Mr Festus Akanbi, has said…

Why we suspended operations – FirstNation Airlines

FirstNation Airlines on Thursday announced the suspension of flight operations in the country to enable it to maintain its aircraft.…
Audu Ogbeh

Federal Govt reinstates 91 sacked cocoa research institute staff

GBENRO ADESINA/IBADAN The Federal Government has reinstated 91 staff of the Cocoa Research Institute, CRIN, unjustifiably sacked in 2004 by…

Breaking: Another airline, First Nation shuts down operations

The Nigerian Civil Aviation Authority (NCAA) has confirmed that the First Nation Airlines has shut down its operations in the…

Mark Zuckerberg’s visit gives Nigerian startups much-needed boost

Facebook founder Mark Zuckerberg’s visit to Nigeria, his first to sub-Saharan Africa, has put the country’s tech businesses firmly in…

Bloomberg: Dangote loses $5.4b

Bloomberg in its latest Billionaire Index reports that Africa’s richest man, Aliko Dangote has lost $ 5.4 billion in his…

Why Aero Airlines collapsed

David O. Kuranga The administration of President Buhari announced over a year ago that they plan to overhaul Nigeria’s aviation…
Nigeria's airline, Aero Contractors, pegs fares for all routes within the country at N80, 000 for one-way trips for the Yuletide season.

Aero Airline suspends operations

Aero Contractors Airline suspended all its scheduled services indefinitely from Thursday Sept. 1. The airline’s Chief Executive Officer, Mr Fola…

Cement price hits roof top

The prices of different brands of cement have increased astronomically leaving builders and home owners complaining seriously about the high…

You don’t need visa to visit Benin Republic – President Talon

Benin’s President Patrice Talon announced on a visit to Rwanda this week that Africans visiting his country will no longer…

Breaking: Nigeria’s economy officially goes into recession

Nigeria, one of Africa’s largest economies, has officially gone into recession. Second quarter figures showed a contraction of 2 percent,…

Nigeria, UK sign MoU on return of stolen assets

The Federal Government has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return…

Gains of Buhari’s trip to Kenya – Presidency

The Presidency has listed the gains of President Muhammadu Buhari’s participation in the just concluded Tokyo International Conference on African…

CBN issues licence to new International Money Transfer Operators

The Central Bank of Nigeria (CBN) has issued licence to more International Money Transfer Operators (IMTOs) to operate in Nigeria.…
Minister Abubakar Malami says President Buhari's administration has achieved significant success in its fight against corruption

Nigeria, UK sign MoU on stolen assets

Nigeria has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return of its…

Ambode appoints Anibaba as new CEO of Lotteries Board

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday approved the appointment of Mr. Seun Anibaba as the new Chief Executive…

EFCC arrests Ebonyi governor’s brother for N400m scam

The Economic and Financial Crimes Commission (EFCC) has arrested Austin Umahi, brother to the current governor of Ebonyi State, David…

Ambode moves to clean Ikoyi, Victoria Island off illegal structures, shanties

Kazeem Ugbodaga Lagos State Governor, Akinwunmi Ambode has set up a committee to clean Ikoyi, Victoria Island off illegal structures…

No prepaid meter, no payment of electricity bill, consumers threaten EKEDC

Electricity consumers in Ijeshatedo in SuruLere Local Government Area, Lagos State, have threatened not to pay their monthly electricity bills…

Breaking: Militants blow up another pipeline in Delta

Niger Delta militants have blown up another major pipeline in Delta State despite the ongoing military “Operation Crocodile Smile” in…

Apple hit with $14.6 billion tax bill

Ireland must recover up to 13 billion euros ($14.6 billion) in unpaid taxes from Apple, Europe’s top regulator ruled on…

Lawyers, judges not vultures – EFCC

Nigeria’s Economic and Financial Crimes Commission, EFCC, said Nigerian lawyers and judges ”are peopled by very many seasoned, upright members,…

Power supply restored to MMIA – FAAN

The Federal Airports Authority of Nigeria (FAAN) said on Monday that electricity supply had been fully restored to the Murtala…

Building Collapse: FHA seals premises, orders investigation

Professor Mohammed Al-Amin, Managing Director, Federal Housing Authority (FHA), says the authority has sealed the site of the collapsed building…

Presidency dismisses reported probe of Emir of Kano, Soludo

The Presidency on Monday refuted social media reports that the tenures of Emir of Kano, Dr Muhammadu Sanusi and Prof.…
Pat Utomi

Economic recession, a blessing to Nigeria – Prof. Utomi

Jethro Ibileke/Benin‎ ‎ Nigerian economist and founder of Lagos Business School, Prof. Pat Utomi, on Monday shocked many when he…

CSOs protest in Lagos over budget padding

A coalition of over 30 Civil Society Organizations, CSOs, on Monday took to the streets of Lagos to protest against…
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