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Petrol price jumps to N520 per liter in Edo, Delta

DPR seals 35 petrol stations in Akwa Ibom

The Department of Petroleum Resources (DPR), Eket Office, on Monday said it had sealed 35 petrol stations in Akwa Ibom…

Safer Cooking: SNEPCo promotes (M)Ethanol clean cookstoves in Nigeria

Jethro Ibileke/Benin Towards ensuring a cleaner and safer cooking method in Nigeria, the Shell Nigeria Exploration and Production Company (SNEPCo),…

KPMG drags Financial Reporting Council to court over unlawful sanction

Akin Kuponiyi Justice Ibrahim Buba of the Federal High Court in Lagos has restrained the Financial Reporting Council of Nigeria…

Nigeria hits goldmine, finds crude oil in Lake Chad area – NNPC

Nigeria is “on the verge of a significant oil find” in the Lake Chad area of the northeast, NNPC managing…

FG approves Lagos’ $2.4 bn Red Line Rail project

Kazeem Ugbodaga The Federal Government has at last approved the construction of the $2.4 billion Lagos Red Line Rail Project…
NERC approves increase in cost of pre-paid meters

Ikeja, Eko distribution coys install 62,368 pre-paid meters

Ikeja Electric and Eko Electric Distribution Company on Sunday said that they had installed 62,368 pre-paid meters after the privatisation…

Court grants Intels’ application in suit on oil, gas free zone amendment Act

of Justice John Isoho of the Federal High Court, Lagos, on Friday granted Intels Nigeria Ltd.’s application to be joined…

MTN fined $1,000 for each line uncut – NCC

Africa’s leading telecommunication outfit, MTN was fined $1,000 for each line uncut by the Nigerian Communications Commission (NCC) resulting to…

Nigerian airlines in destructive competition, says Iyayi

Capt. Roland Iyayi, a former Managing Director of the Nigerian Airspace Management Agency (NAMA), on Friday said airlines operating in…

MultiChoice slashes decoder prices at Lagos Fair

Funsho Arogundade Multichoice Nigeria, leading pay TV company, has announced a special offer for the DStv Zapper decoder plus Compact…

Dwindling Oil Price: Okowa canvasses urgent steps to cushion effects

Jethro Ibileke/Asaba As the economy continues to bite harder occasioned by the free fall of oil prices in the international…
Mike Adenuga Jr

Vodafone, Globacom announce partnership agreement

Vodafone and Globacom Limited on Friday jointly announced a new, non-equity partnership agreement that covers Nigeria and the Republic of…

NPA, LADOL to partner on security, pilotage

The Managing Director, Nigerian Ports Authority (NPA) Malam Habib Abdullahi on Thursday said the Authority would collaborate with the management…

Nigeria loses N800m monthly to restriction on car imports

The President, Shippers’ Association Lagos State, Mr Jonathan Nicol, said on Thursday that Nigeria was losing N800 million yearly to…

Delta Govt plans committee to monitor use of bailout fund

Delta Government is to set up a committee to ensure effective use of bailout funds for the payment of salary…
Nigeria Customs Service (NCS) boss Hameed Ali urges Nigerians not to engage in smuggling or patronising smugglers in Easter message

CNS urges Customs to deploy personnel at Badagry Island

The Chief of Naval Staff, Vice Adm. Ibok-Ete Ibas, has advised the Nigeria Customs Service (NCS) to ensure presence of…

Nigeria loses N800m monthly to restriction on car imports

The President, Shippers’ Association Lagos State, Mr Jonathan Nicol, said on Thursday that Nigeria is losing N800 million yearly to…
Market Capitalisation

NSE: Investors stake N5.07bn on 295.23m shares on sell pressure

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Thursday increased by 62.56 per cent amid sell…

South Africa concerned about MTN fine in Nigeria

South Africa has expressed concern over a N1.04 trillion (5.2 billion dollars) imposed by Nigerian authorities on MTN Group. However,…

Afreximbank disburses €15m loan to Guinean firm

The African Export-Import Bank (Afreximbank) has disbursed 15 million Euro (about N3.2 billion) credit facility to a Guinean firm, Complex…

Bank customers in Lagos continue to register for BVN

Five days after the expiration of the deadline for the registration of Bank Verification Number (BVN), banks in Lagos are…

Kia Motors donates Made-in-Nigeria Rio to Lagos State

By Daniels Ekugo Kia Motors Nigeria has donated a Made in Nigeria Kia Rio car to the Lagos State Government…

Court orders FRC to cease action against Stanbic IBTC

Justice Ibrahim Buba of a Federal High Court in Lagos has restrained the Financial Reporting Council of Nigeria (FRCN) from…

Arik Air rewards passengers with surprise gifts

Arik Air, West and Central Africa’s largest carrier, is rewarding passengers with surprise gifts mid-flight in what the company calls…

S.African lawmakers fear MTN fine could hurt trade relations

South African lawmakers are concerned MTN Group’s alleged violation of Nigerian laws could hurt trade relations between the continent’s two…

LASG shuts 6 firms over N18.73m tax liabilities

The Lagos State Internal Revenue Service (LIRS) on Wednesday sealed six companies for failure to remit N18.73 million personal income…

Intels, Orleans generate 6.7bn dollars for Govt in 30years

Integrated Logistics Services (Intels) Ltd., a major oil and gas cargo handling company and its holding company, Orleans Invest, generated…

No power blackouts in South Africa until April 2016 – Eskom CEO

South African power utility, Eskom, does not expect to implement electricity blackouts until April 2016, its chief executive told parliament…

OLX, MoMo partner to ensure e-commerce user safety

Funsho Arogundade OLX, Nigeria’s leading online classified platform has partnered with Mobile Monday Nigeria, MoMo, a global community of mobile…

$5.2bn Fine: MTN reacts to false information in media

Telecommunication outfit, MTN has reacted to false information in the media while cautioning against reports that it has agreed a…
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