Business

Oil, gas sector facing sharp low revenues, says Kachikwu

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10 years ago

The Group Managing Director of Nigeria National Petroleum Corporation (NNPC) Dr Ibe Kachikwu on Monday said the industry was facing…

We did not approve franchise for Stanbic IBTC – NOTAP

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10 years ago

The National Office for Technology Acquisition and Promotion (NOTAP) on Monday said it didn’t grant any management or maintenance franchise…

$5.2bn fine: MTN picks Nhleko to negotiate with Nigeria

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10 years ago

South Africa’s MTN Group has asked its former head to take temporary charge of Africa’s biggest mobile telecoms company after…

Stanbic IBTC 2015 loan growth forecast down 7%

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10 years ago

Stanbic IBTC has cut its 2015 forecast for loan growth to three per cent from 10 per cent, citing the…

Treasury Single Account: CBN fines Skye Bank N4bn

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10 years ago

The Central Bank of Nigeria (CBN) has imposed a fine of N4 billion on Skye Bank Plc for failing to…

Draft Copyright Bill ready for scrutiny, inputs – NCC boss

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10 years ago

The Director-General, Nigerian Copyright Commission (NCC), Afam Ezekude, says the Draft Copyright Bill aimed at ensuring better protection of intellectual…

1,103 Nigerians benefit from India’s technical cooperation programme since 2006 — Envoy

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10 years ago

The Indian High Commission in Abuja says 1,103 Nigerians have been trained under the India Technical and Economic Cooperation Programme…

DPR seals 35 petrol stations in Akwa Ibom

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10 years ago

The Department of Petroleum Resources (DPR), Eket Office, on Monday said it had sealed 35 petrol stations in Akwa Ibom…

Safer Cooking: SNEPCo promotes (M)Ethanol clean cookstoves in Nigeria

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10 years ago

Jethro Ibileke/Benin Towards ensuring a cleaner and safer cooking method in Nigeria, the Shell Nigeria Exploration and Production Company (SNEPCo),…

KPMG drags Financial Reporting Council to court over unlawful sanction

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10 years ago

Akin Kuponiyi Justice Ibrahim Buba of the Federal High Court in Lagos has restrained the Financial Reporting Council of Nigeria…

Nigeria hits goldmine, finds crude oil in Lake Chad area – NNPC

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10 years ago

Nigeria is “on the verge of a significant oil find” in the Lake Chad area of the northeast, NNPC managing…

FG approves Lagos’ $2.4 bn Red Line Rail project

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10 years ago

Kazeem Ugbodaga The Federal Government has at last approved the construction of the $2.4 billion Lagos Red Line Rail Project…

Ikeja, Eko distribution coys install 62,368 pre-paid meters

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10 years ago

Ikeja Electric and Eko Electric Distribution Company on Sunday said that they had installed 62,368 pre-paid meters after the privatisation…

Court grants Intels’ application in suit on oil, gas free zone amendment Act

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10 years ago

of Justice John Isoho of the Federal High Court, Lagos, on Friday granted Intels Nigeria Ltd.’s application to be joined…

MTN fined $1,000 for each line uncut – NCC

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10 years ago

Africa’s leading telecommunication outfit, MTN was fined $1,000 for each line uncut by the Nigerian Communications Commission (NCC) resulting to…

Nigerian airlines in destructive competition, says Iyayi

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10 years ago

Capt. Roland Iyayi, a former Managing Director of the Nigerian Airspace Management Agency (NAMA), on Friday said airlines operating in…

MultiChoice slashes decoder prices at Lagos Fair

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10 years ago

Funsho Arogundade Multichoice Nigeria, leading pay TV company, has announced a special offer for the DStv Zapper decoder plus Compact…

Dwindling Oil Price: Okowa canvasses urgent steps to cushion effects

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10 years ago

Jethro Ibileke/Asaba As the economy continues to bite harder occasioned by the free fall of oil prices in the international…

Vodafone, Globacom announce partnership agreement

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10 years ago

Vodafone and Globacom Limited on Friday jointly announced a new, non-equity partnership agreement that covers Nigeria and the Republic of…

NPA, LADOL to partner on security, pilotage

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10 years ago

The Managing Director, Nigerian Ports Authority (NPA) Malam Habib Abdullahi on Thursday said the Authority would collaborate with the management…

Nigeria loses N800m monthly to restriction on car imports

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10 years ago

The President, Shippers’ Association Lagos State, Mr Jonathan Nicol, said on Thursday that Nigeria was losing N800 million yearly to…

Delta Govt plans committee to monitor use of bailout fund

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10 years ago

Delta Government is to set up a committee to ensure effective use of bailout funds for the payment of salary…

CNS urges Customs to deploy personnel at Badagry Island

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10 years ago

The Chief of Naval Staff, Vice Adm. Ibok-Ete Ibas, has advised the Nigeria Customs Service (NCS) to ensure presence of…

Nigeria loses N800m monthly to restriction on car imports

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10 years ago

The President, Shippers’ Association Lagos State, Mr Jonathan Nicol, said on Thursday that Nigeria is losing N800 million yearly to…

NSE: Investors stake N5.07bn on 295.23m shares on sell pressure

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10 years ago

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Thursday increased by 62.56 per cent amid sell…

South Africa concerned about MTN fine in Nigeria

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10 years ago

South Africa has expressed concern over a N1.04 trillion (5.2 billion dollars) imposed by Nigerian authorities on MTN Group. However,…

Afreximbank disburses €15m loan to Guinean firm

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10 years ago

The African Export-Import Bank (Afreximbank) has disbursed 15 million Euro (about N3.2 billion) credit facility to a Guinean firm, Complex…

Bank customers in Lagos continue to register for BVN

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10 years ago

Five days after the expiration of the deadline for the registration of Bank Verification Number (BVN), banks in Lagos are…

Kia Motors donates Made-in-Nigeria Rio to Lagos State

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10 years ago

By Daniels Ekugo Kia Motors Nigeria has donated a Made in Nigeria Kia Rio car to the Lagos State Government…

Court orders FRC to cease action against Stanbic IBTC

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10 years ago

Justice Ibrahim Buba of a Federal High Court in Lagos has restrained the Financial Reporting Council of Nigeria (FRCN) from…

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