Business

Etisalat owes us N40bn – Access Bank

Kazeem Ugbodaga

9 years ago

Telecoms network operator Etisalat Nigeria, which is in talks with local banks on renegotiating the terms of a $1.2 billion…

NCC, CBN meet over Eisalat’s $1.2bn debt

Kazeem Ugbodaga

9 years ago

Nigeria's telecoms regulator met with the Central Bank of Nigeria, CBN, on Thursday over Etisasat's $1.2 billion debt and a…

Exxon to buy stake in gas block offshore Mozambique for $2.8 bn

Kazeem Ugbodaga

9 years ago

Exxon Mobil Corp said on Thursday it would buy a 25 percent stake in a natural gas-rich block, offshore Mozambique,…

No excuse for non-performance, Lagos tells public servants

Kazeem Ugbodaga

9 years ago

The Lagos State Government has told public servants under its employ that government will not take any excuse for non-performance…

Enugu Government Approves Recruitment Of 30 Graduates

Jennifer Okundia

9 years ago

Enugu State Government has approved the recruitment of additional 30 members of staff for the Board of Internal Revenue (BIR).…

Bauchi Government To Improve ICT Among Youths

Jennifer Okundia

9 years ago

The Bauchi State Government is to partner with the National Information Technology Development Agency (NITDA) to improve on the capacity…

Insecurity: FG To Resuscitate Immigration Surveillance Aircrafts

Jennifer Okundia

9 years ago

The Federal Government said it would refurbish three grounded Nigeria Immigration Service surveillance aircrafts to boost security at the nation’s…

Oil-rich Community Seeks Compensation

Jennifer Okundia

9 years ago

Land owners in petroleum exploration area of Alkaleri Local Government of Bauchi State have called on oil companies engaged in…

How Social Media, Internet is killing Productivity – LASG

Kazeem Ugbodaga

9 years ago

The Lagos State Government has lamented the influence of the internet and social media in killing civil servants and other…

Man Docked For Destroying Trees Worth N10m

Jennifer Okundia

9 years ago

The Police on Wednesday arraigned 65-year-old Ade Owoloye, in an Akure Chief Magistrates’ Court over alleged destruction of rubber and…

Zambian Authorities Nabs Women Who Stole Hippo Meat

Jennifer Okundia

9 years ago

Wildlife authorities in western Zambia confirm arrest of four women and three men with 412 kgms of hippo meat.

LEKOIL acquires shares in Afren Investments Oil and Gas

Kazeem Ugbodaga

9 years ago

LEKOIL has acquired a participating interest of 17.14% in OPL 310 from Afren Investments Oil and Gas (AIOGNL).

Ambode moves to transform Onikan, Marina to world tourist hub

Kazeem Ugbodaga

9 years ago

Lagos State Governor, Mr. Akinwunmi Ambode on Monday unveiled plans by his administration to transform some landmark areas in the…

We’ve not criminalised use of boreholes – LASG

Kazeem Ugbodaga

9 years ago

The Lagos State Government has restated its position that it has not introduced charges for the consumption of water from…

Committee Warns Against Corrupt Practices

Jennifer Okundia

9 years ago

The House of Representatives Adhoc Committee on Review of Pump Price of Petrol has said that it will not relent…

BoI Insists N10bn YES Programme Is Loan, Not Grant

Jennifer Okundia

9 years ago

The Bank of Industry (BoI) says its N10 billion Youths Entrepreneurship Support Programme (YES-P) is not a grant but a…

FG Creates Asset Register To Curb Illegal Sales

Jennifer Okundia

9 years ago

The Federal Government has launched an Asset Tracking and Management Project through which it would locate, identify, assess and evaluate…

FAAN Inaugurates Anti-Corruption, Transparency Unit

Jennifer Okundia

9 years ago

The Federal Airports Authority of Nigeria (FAAN), says it has inaugurated its Anti-Corruption and Transparency Unit (ACTU) to ensure transparency,…

Banning Imported Poultry Products Has Increased Productivity – Farmers

Jennifer Okundia

9 years ago

Poultry farmers in Ilorin have commended the Federal Government for banning importation of poultry products, which has increased productivity and…

Bird Flu: FG To Compensate Poultry Farmers

Jennifer Okundia

9 years ago

The Federal Government has assured poultry farmers of its readiness to compensate those affected by the 2015/2016 Avian Influenza (Bird…

Enforce Ban On Smuggling Of Frozen Fish – Operator

Jennifer Okundia

9 years ago

Mr Gbenga Balogun, the Operations Manager, Shrimpers Nigeria Ltd., a fishing company, on Saturday urged the Federal Government to strictly…

Transcorp Will Return To Profitability In 2017 – MD

Jennifer Okundia

9 years ago

Transnational Corporation of Nigeria (Transcorp) Plc on Saturday expressed optimism that the company would return to profitability in 2017 financial…

LG Boss Warns Officials Against Extortion

Jennifer Okundia

9 years ago

Alhaji Hashim Ahmad, Chairman, Buji Local Government Council in Jigawa, has warned veterinary officers against collecting money from animal owners…

Immunisation: EU-SIGN Distributes 44 Solar-Powered Freezers

Jennifer Okundia

9 years ago

The European Union Support to Routine Immunisation Governance Project in Nigeria (EU-SIGN) has distributed 44 solar-powered freezers in seven local…

Nigerian overnight lending rate rises on cash squeeze

Kazeem Ugbodaga

9 years ago

Nigeria's overnight interbank lending rate climbed to 16 percent on Friday from about 13 percent at the end of last…

EFCC files new charges against Shell, Eni, over purchase of $1.3bn oil field

Kazeem Ugbodaga

9 years ago

Nigeria's financial crime watchdog has filed new corruption charges against Royal Dutch Shell, Eni and others regarding the $1.3 billion…

FG targets 30,000 mega watts by 2030

Kazeem Ugbodaga

9 years ago

Committed to creating the enabling environment to promote investment in the Nigerian energy sector, the FG, with the support of…

Germany offers Egypt $500 million to support economy

Kazeem Ugbodaga

9 years ago

Germany has offered Egypt $500 million to support its economic programme and medium-sized and small businesses, the Egyptian ministry of…

Samsung Chief’s Trial To Start Next Week

Jennifer Okundia

9 years ago

Samsung Group leader Jay Lee will go on trial for bribery and embezzlement on March 9, a court said, amid…

Tanzania Shuts Down 4 Alcohol Factories

Jennifer Okundia

9 years ago

Tanzanian authorities on Friday closed four liquor making factories on the first day of the crackdown against the outlawed sachet-packed…

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