Business

UBA slashes dividend by 80 per cent

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11 years ago

The United Bank for Africa (UBA) has slashed the dividend payable to its shareholders for the financial year ended Dec.…

Sanction erring fuel marketers, Diezani directs DPR, PPPRA

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) has called on the public to shun panic buying and stock-piling of petrol, especially…

Court orders NCC, MTN, Airtel, others to pay APC N500m

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11 years ago

Akin Kuponiyi A Federal High Court sitting in Lagos, Southwest Nigeria has ordered the Nigerian Communications Commission (NCC) to pay…

Airbus Crashes In France With 148 On Board

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11 years ago

A German airliner crashed near a ski resort in the French Alps on Tuesday with all 148 people on board…

Telcos, banks, others abuse consumer rights – CPC

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11 years ago

The Director-General, Consumer Protection Council, Mrs Dupe Atoki, on Monday decried the high rate of consumer rights abuses in the…

British inflation hits zero for first time

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11 years ago

Britain’s annual inflation rate slowed sharply to zero in February for the first time, pulled down by falling prices for…

18 Nigerian States, 322 Poultry Farms, Affected By Bird Flu

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11 years ago

Simon Ateba/Ibadan A total of 18 states and 322 poultry farms have been affected by the current Avian Influenza outbreak…

Arik Air Opens Abuja-Accra-Dakar Route

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11 years ago

By Simon Ateba Nigeria’s carrier, Arik Air, said on Monday it is extending its Abuja-Accra service to Dakar, Senegal from…

Jonathan inaugurates Development Bank of Nigeria

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11 years ago

President Goodluck Jonathan, on Monday in Abuja inaugurated the Development Bank of Nigeria (DBN) in furtherance of his administration’s desire…

‘Made in China’ tops list of unsafe products

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11 years ago

From toy-shaped cigarette lighters to a short-circuting plush rabbit that catches fire, a European safety watchdog warned Monday of a…

I promise to connect 36 states to rail line, says Jonathan

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11 years ago

President Goodluck Jonathan has pledged to connect all the 36 states of the federation to railway line, if re-elected in…

Arik Air raises N5m to fight Sickle Cell burden   

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11 years ago

Oluremilekun Osobu-Asubiojo   Arik Air, West Africa’s largest commercial carrier, has partnered the Sickle Cell Foundation Nigeria, SCFN to raise over…

Why Nigeria’s economy is attractive to foreign investors – Expert

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11 years ago

An investment expert, Kalu Abosi, on Friday explained why Nigeria’s economic climate still attract for foreign investments. Abosi, who is…

Sambo inaugurates N100b irrigation project

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11 years ago

Vice President Namadi Sambo on Friday inaugarated the N100 billion Gurara irrigation project. Speaking at the occassion Sambo said the…

Passengers Stranded In Kaduna As Arik Air Plane Breaks Down

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11 years ago

By Simon Ateba An Arik Air plane from Jos broke down after landing safely in Kaduna on Friday, leaving 136…

Power Sector: Opposition has no alternative – Minister

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11 years ago

The Minister of State for Power, Hon. Muhammad Wakil has declared that the opposition has no credible alternative to the…

Buhari Vows To Stop Naira’s Free Fall

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11 years ago

Kazeem Ugbodaga The Presidential Candidate of the All Progressives Congress, APC, General Muhammadu Buhari has pledged to stabilise the exchange…

Knocks For Jonathan After 50% Electricity Tariff Reduction

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11 years ago

Jethro Ibileke/Benin ‎ President Goodluck Jonathan’s announcement of 50 per cent reduction of electricity tariff has elicited knocks and negative…

Nigeria Loses Over $10bn Annually in Parking Revenue

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11 years ago

Currently, the Nigerian government is running low on revenue due to the steep decline in oil prices to less than…

First Bank sues Arisekola’s company over N7.2b debt

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11 years ago

Akin Kuponiyi A Federal High Court, sitting in Lagos, has adjourned till Wednesday to settle the issue of legal representation…

Fashola seeks amendment to 2015 budget

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11 years ago

Eromosele Ebhomele Governor Babatunde Fashola on Tuesday announced that the current poor economic status of Nigeria is a reason for…

Qatar to spend $200bn despite oil price drop

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11 years ago

Qatar will stick to its $200-billion (190 billion-euro) infrastructure spending splurge, the energy-rich Gulf state’s premier vowed on Sunday, despite…

Suspected stowaway dies on Arik Flight

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11 years ago

By Simon Ateba Men of the Airport Police Command have evacuated the remains of a suspected stowaway discovered in the…

Only mortgages can reduce housing deficit – Fashola

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11 years ago

Governor Babatunde Fashola of Lagos State on Thursday said home ownership through mortgage was the only way to address the…

Money Laundering: Igbinedion’s Son, Others Know Fate

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11 years ago

Jethro Ibileke/Benin Justice A.M. Liman of the Benin division of the Federal High Court, southern Nigeria, has fixed 17 April,…

NDIC won’t supervise banks – CBN

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11 years ago

The Central Bank of Nigeria (CBN) has opposed the taking over of banking supervision by the Nigeria Deposit Insurance Corporation…

Yobe Power company slashes electricity bills by 50%

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11 years ago

An official of the Yola Electricity Distribution Company, Mr Hanawa Rufus, said on Monday that the company slashed the bills…

Britain sells 1.0% of Lloyds bank for £500m

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11 years ago

Britain has sold another 1.0 percent in state-rescued Lloyds Banking Group for £500 million ($754 million, 694 million euros), matching…

Private jet owners get Aviation Ministry ultimatum

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11 years ago

The Ministry of Aviation, on Sunday issued a 90-day ultimatum to owners of private jets in the country to regularize…

Sambo in Algeria, drums support for Adesina’s AFDB Presidency

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11 years ago

Vice-President Namadi Sambo on Sunday in Algiers, met with the Algerian Prime Minister Abdelmalek Sellal where they discussed bilateral issues…

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