Business

Diamond Bank posts N6.7bn profit in Q1

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10 years ago

Diamond Bank Plc on Friday announced a profit before tax of N6.7 billion for the first quarter ended March 31,…

4 ships laden with petrol arrive Lagos ports

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10 years ago

Four ships laden with Premium Motor Spirit (PMS) otherwise known as petrol, have arrived Lagos ports, waiting to discharge. The…

Nigeria imports N165bn fruit juice annually — MAN

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10 years ago

Nigeria spends N165 billion annually to import fruit juice, the President of the Manufacturers’ Association of Nigeria (MAN), Dr Frank…

Aero Contractor sacks over 100 contract workers

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10 years ago

Not fewer than 100 workers outsourced to Aero Contractors by Skyborne Ltd have been sacked following the airline’s decision to…

Naira depreciates further against the dollar

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10 years ago

The Naira on Friday depreciated further, exchanging at N321.5 to the dollar at the parallel market, losing N1 on Friday…

Ambode visits Buhari, lauds his economic investment drive

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10 years ago

Lagos State Governor, Mr. Akinwunmi Ambode on Friday paid a visit to President Muhammadu Buhari at the State House, Abuja,…

NNPC filling station sealed for diverting petrol

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10 years ago

The Department of Petroleum Resources (DPR) has sealed the NNPC filling station in Akamkpa Local Government Area of Cross River…

Airtel dragged to court over breach of contract

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10 years ago

Akin Kuponiyi A Lagos high court sitting in Igbosere, Lagos state, southwest Nigeria has ordered that notice of consequences of…

Lagos completes restructuring of N167.5bn bond series

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10 years ago

…LASG to reap N40bn in five years Lagos State Government on Wednesday said it had successfully completed the restructuring of…

SON impounds 10,000 substandard tyres in Kaduna

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10 years ago

The Standard Organization of Nigeria (SON) has impounded more than 10,000 used and substandard tyres in Kaduna. The tyres were…

World Bank endorses Kachikwu’s transparency initiative

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10 years ago

The World Bank has commended the Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National…

South African supermarket Pick n Pay coming to Nigeria

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10 years ago

South African supermarket operator Pick n Pay plans to expand into Nigeria next year through a partnership with a local…

Diversification: FG to tap into iron ore reserves – Osinbajo

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10 years ago

The Federal Government of Nigeria has stated that it is ready to adopt the best way to into its iron…

41 ships laden with petroleum products, foods, to arrive Lagos port

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10 years ago

Forty one ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island…

Fuel Scarcity: Kaduna Refinery begins 2m litres daily supply of PMS

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10 years ago

Alhaji Idi Mukhtar, Managing Director, Kaduna Refining and Petrochemical Company (KRPC), says the company will begin daily release of 2…

NSE market capitalisation rebounds by N20bn

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10 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday rebounded by N20 billion due to moderate gains posted…

FBN Holdings declares N505bn gross earnings

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10 years ago

FBN Holdings Plc has declared gross earnings of N505.2 billion for the financial year ended Dec. 31, 2015. The News…

FG generates N2trn through Treasury Single Account

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10 years ago

The Federal Government has generated over N2 trillion through the Treasury Single Account (TSA) since the commencement of the policy.…

Wike to approach Amaechi on completion of PH airport

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10 years ago

Rivers State Government says it will approach the federal government through the Ministry of Transportation headed by Rotimi Amaechi to…

DPR sanctions 16 fuel dealers over sharp practices in Bayelsa

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10 years ago

The Department of Petroleum Resources (DPR) in Bayelsa has sanctioned 16 filling stations in the state for engaging in various…

PH, Warri refinery now produce 7million litres of petrol daily – NNPC

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10 years ago

In his avowed commitment to clear the fuel queues, the Minister of State for Petroleum Resources and Group Managing Director…

Oil price crash offers Nigeria opportunity for real growth – Ambode

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10 years ago

Lagos State Governor, Mr. Akinwunmi Ambode, at the weekend in United Kingdom, said the massive fall in oil prices in…

Lagos gets 379 PMS trucks, Abuja 187, Bayelsa 6 – NNPC

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10 years ago

The Nigerian National Petroleum Corporation (NNPC) said a total of 1,082 truck of Premium Motor Spirit (PMS) were loaded and…

Nigeria will sign only beneficial air agreements – Aviation Minister

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10 years ago

The Nigerian government will no longer enter into any Bilateral Air Services Agreement with any country unless it is mutually…

NNPC distributes 1,082 trucks of PMS nationwide

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10 years ago

The Nigerian National Petroleum Corporation (NNPC) said a total of 1,082 truck of Premium Motor Spirit (PMS) were loaded and…

FG re-inaugurates 46km Escravos-Warri Pipeline

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10 years ago

The Federal Government has re-inaugurated the 46 kilometres Escravos-Warri-Kaduna pipeline for easy supply of crude to the refineries. This is…

Electricity workers suspend strike after Ngige’s intervention

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10 years ago

Following the intervention of the Hon. Minister of Labour and Employment, Senator Chris Ngige, the National Union of Electricity Employees…

FG needs $700m to upgrade refineries – Kachikwu

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10 years ago

The Minister of State for Petroleum, Dr Ibe Kachikwu, said on Saturday that the Federal Government needed 700 million dollars…

Osinbajo to Africa Nations: Develop robust tax systems

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10 years ago

Vice President Yemi Osinbajo on Friday urged African tax administrators to develop a more robust tax administration systems. Osinbajo spoke…

Nigerians did not benefit from past devaluation of naira – Buhari

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10 years ago

President Muhammadu Buhari has said he is yet to be convinced that majority of ordinary Nigerians derived any tangible benefit…

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