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Nigeria, China sign pacts on economic ties

Nigeria’s President Goodluck Jonathan and President Xi Jinping of China Wednesday in Beijing presided over the signing of five agreements…

OPEC optimistic On Oil Demand Growth In 2014

World oil demand will pick up at a faster rate in 2014, the oil exporting cartel OPEC said on Wednesday,…

Arik Unveils New Generation Plane

Arik Air, Nigeria’s largest airline, unveiled its latest plane on Wednesday, saying the new Airbus 330-200 twin-engine aircraft with a…

Court Orders Burial Of Industrialist A Year After

Chief Dike Ifegwu, a Nigerian industrialist who died over a year ago, can now rest in peace. A Nigerian high…

IMF cuts Nigeria’s, global growth forecast

WASHINGTON (AFP) – The International Monetary Fund on Tuesday cut its global economic growth forecast, citing new downside risks in…

Babalakin In Crutches, Lawyer Tells Court

Lawyer to the embattled Chairman of Bi-Courtney Ltd, Wale Babalakin, Dr Abiodun Layonu (SAN) today told a Lagos High Court…

Abuja Court Summons Borishade

An Abuja High Court on Monday ordered Babalola Borishade, a former minister of Aviation to appear before it unfailingly on…

Kerosene Scarcity Hits Lagos, Ogun

Most filling stations across Lagos and Ogun states, southwest Nigeria, have been without kerosene, a major source of cooking gas…

Ajudua Seeks Reassignment Of Fraud Case

Alleged fraudster, Fred Ajudua has filed an application before an Ikeja High Court for the reassignment of his fraud charge…

Nokia unveils $68 phones

Nokia , the second-biggest maker of mobile phones, has unveiled cheaper handsets to meet consumer demand for fast connections to…

Kabo Air acquires new Boeing aircraft

The Kabo Air Ltd., one of the indigenous airlines in the country, said it had acquired a B747-400 series aircraft.…

Oil theft threat to Nigeria’s security, says Gov. Dickson

Governor Seriake Dickson of Bayelsa state has said that oil theft is a threat to Nigeria’s security and blamed it…

Stocks head northward in Lagos

Transactions on the Nigerian Stock Exchange (NSE) closed on the upward trend on Friday as market indicators increased by 1.1…

Again, Shell bemoans oil theft, vandalisation of pipeline

The Shell Petroleum Development Company of Nigeria (SPDC) has bemoaned the crude oil theft activities that led to the recent…

Tricycle Riders Amalgamate In Lagos as TWAN

Simon Ateba/Lagos Thousands of tricycle riders in Lagos State, southwest Nigeria, came under one body on Thursday, setting the stage…

Uduaghan Sacks Finance Commissioner

JETHRO IBILEKE/Asaba Nigeria’s Delta State Governor, Dr. Emmanuel Uduaghan has sacked the Commissioner for Finance, Bernard Okumagba. Though no official…

Court Frees Former Works Minister

A Federal High Court sitting in Abuja on Thursday discharged and acquitted former Nigerian Works Minister, Hassan Lawal and a…

Lagos Bags Award For Local Bond Issue

Lagos State Government has again achieved a milestone in its financial prudence and debt management drive as it recently won…

Nigeria’s Looming Crisis

Nigeria faces dire financial straits from developments in local and international oil markets After few days of bickering, the federal…

Nigerian Banks As Slave Camps

Apart from working like elephants and feeding like ants, bank workers are subjected to many unwholesome labour conditions by their…

Zinox Technologies to supply card readers to INEC

Nigeria’s Federal Executive Council (FEC) has approved N459 million for INEC to procure 17,000 customised and configured smart card readers…

Nigeria’s free trade zones attract $9.4b investment

The Nigeria Export Processing Zones Authority (NEPZA) says it has attracted about 9.4 billion dollars (N1.5 trillion) worth of investment…

Jonathan visits China next week

Nigerian President Goodluck Jonathan will visit China next week in a trip aimed at signing infrastructure deals and boosting trade…

Jonathan To Flag Off Repair Of Lagos-Ibadan Expressway

The Minister of Works, Mr Mike Onolememen, on Tuesday said President Goodluck Jonathan, would on Friday launch the reconstruction of…

NUPENG Suspends Strike

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) late Tuesday night called off its three-day warning strike which…

Egypt crisis hikes oil prices

Oil prices rose sharply in Asian trade Wednesday on growing concerns that the escalating political crisis in Egypt could affect…

Fisticuffs over Lagos airport land

Simon Ateba/Aviation correspondent The crisis between the Federal Airports Authority of Nigeria, FAAN, and AIC Limited, escalated on Tuesday with…

Samsung Unveils New Cameras

Samsung Electronics West Africa, has unveiled its line-up of high-performance smart cameras. The products, unveiled at an elaborate event in…

SIM Card Reg: Operators Appeal For Extension Of Deadline

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has appealed to the Nigerian Communications Commission (NCC) to extend the…

Heritage Bank Intergrates Into NIBSS Platform

Heritage Bank Limited has been integrated into the Instant Pay Platform of the Nigeria Interbank Settlement System (NIBSS). With this…
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