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Business

Patrick Akpobolokemi

I collected N102m for NIMASA executives- Witness

A witness in the ongoing trial of an Executive Director, (Maritime Labour and Cabotage) of the Nigerian Maritime Administration Safety…

EFCC arraigns alleged fraudster for N9m fraud

The Economic and Financial Crimes Commission, EFCC, has arraigned a suspected fraudster, Bisi Lillian Olagunju, before Justice Munta Abimbola of…

Go back to work, Fashola pleads with power projects contractors

Ayorinde Oluokun/Abuja: The Minister of Power, Works and Housing, Babatunde Raji Fashola, SAN, has appealed to the contractors handling transmission…

Scarcity of aviation fuel disrupts flight operations at Lagos airport

The lingering scarcity of Jet A1, popularly called aviation fuel, on Monday disrupted flight operations at the Murtala Muhammed Airport…

FG to concession Abuja, Lagos, Port Harcourt, Kano airports

The Minister of State, Aviation, Sen. Hadi Sirika, says the Federal Government will concession the Abuja, Lagos, Port Harcourt and…

Lagos now officially an oil producing state – Ambode

…Says Feat Opens New Vista For Revenue Generation …Receives Management of Tunde Folawiyo Petroleum Lagos State Governor, Mr. Akinwunmi Ambode…

Traders Union urges members to ignore strike

The National Harmonised Traders Union of Nigeria has called on its members across the country to ignore the planned strike…

Shelve strike, demand for N56,000 wage-Lawmaker Tells NLC

A Peoples Democratic Party (PDP) lawmaker in Cross River, Mr Hilary Bisong, on Monday called on the Organised Labour to…

New Petrol Price: Nigerians seek salary increase

Following the increase in the price of the premium motor spirit (PMS) from N86.50 to N145 a litre, many Nigerians…

Egbin committed to workers welfare – Adesina

Nigeria’s largest power generation firm, Egbin Power Plc says it’s staff rank among the best in the power sector in…

We’ve recovered more than $3.1 billion looted funds-Magu

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has confirmed that his commission has recovered…

Strike: FG meets NLC, TUC for talks

The Muhammadu Buhari administration is leaving no stone unturned in its determination persuade Nigerians to accept the new N145 per…

1 million Nigerians to receive N5,000 monthly

To assuage the anger of Nigerians over the increase in the price of premium motor spirit to N145 a litre,…

Abuja Bizmen begs NLC to shelve strike

The Abuja Chamber of Commerce and Industry (ACCI) has called on Nigeria Labour Congress (NLC) to shelve its planned nationwide…

NLC, TUC give Buhari 3 days to revert petrol price

The Nigeria Labour Congress and the Trade Union Congress have given President Muhammadu Buhari three days to revert the price…

Alimosho council destroys 100 shops

There was crying and wailing at the Rauf Aregbesola Modern Market in Iyana-Ipaja, Lagos State Saturday morning when officials of…

More companies shut over tax default

In continuation of its efforts to arrest the growing incidence of non-remittance of Value Added Tax (VAT), the Federal Inland…

FIRS shuts more firms in Lagos, Abuja

The enforcement unit of the Federal Inland Revenue Services (FIRS), on Friday continued its closure of big companies in Lagos…

Dangote suspends tomato paste production

Scarcity of tomatoes has forced the newly established Dangote Tomato Processing Factory in Kadawa, Kano State, to suspend production. Managing…

Ajaokuta steel company will be revived-Gov Bello

The Executive Governor of Kogi State, Alhaji Yahaya Bello, has assured the management team of the Ajaokuta Steel Company Limited…

BVN stalling payment of YouWiN beneficiaries

The Ministry of Finance has attributed the delay in paying beneficiaries of the Youth Enterprise with Innovation in Nigeria (YouWiN)…
Real reason for fuel scarcity in Abuja, other northern states

Petrol subsidy swept away, price now N145

The pump price of petrol in Nigeria was almost increased by 100 per cent today to N145, from N86.50, ending…

Lagos swimming in money

The Lagos State Government has recorded a total revenue of N101.69 billion in the first quarter of the 2016 budget…

Fake town planner nabbed in Lagos

Officials of the Lagos State Ministry of Physical Planning and Urban Development have apprehended a middle-aged man, Adeyemi Adebayo who…
Real reason for fuel scarcity in Abuja, other northern states

Time to end Nigeria’s petrol subsidy regime

By Sunday Attah The discussion on the deregulation of the downstream sector of the Nigerian petroleum Industry has been on…

Militants hurt Nigeria as oil output crumbles

A series of attacks on Nigeria’s oil infrastructure has pushed its output of crude close to a 22-year low, putting…

Fuel scarcity disrupts Aero Contractors’ operations

Nigeria’s domestic carrier, Aero Contractors, on Monday said limited supply of JET A1, also known as aviation fuel, has disrupted…

Amaechi queries LADOL over gazette

Minister of Transportation, Rotimi Amaechi has queried the management of LADOL Integrated Logistics FZE to explain how it came about…

World Bank commends Nigeria for implementing agric programme

World Bank supervision ‎team has commended the implementation of West Africa Agricultural Productivity Programme (WAAPP) in Nigeria. The team gave…

Prices of building materials rise

A survey conducted in some major towns in Delta State between January and April reveals that the prices of some…
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