Business

NSE loses N88bn due to poor Q3 results

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10 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by N88 billion due to poor third…

Invest in Lagos, Obasa begs German companies

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10 years ago

Eromosele Ebhomele Speaker of the Lagos State House of Assembly, Mudashiru Obasa, on Tuesday appealed to German companies to invest…

Allegations by Nigeria’s FRC are inaccurate – Stanbic IBTC

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10 years ago

Stanbic IBTC said its financial statements complied with international standards and did not require rectification, responding to allegations of misleading…

Nigeria’s FRC asks CBN, others to sanction Stanbic IBTC chairman

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10 years ago

Nigeria’s Financial Reporting Council, FRC on Monday asked the Central Bank of Nigeria to take regulatory action against Atedo Peterside,…

Okorocha seeks restructuring of revenue allocation system

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10 years ago

Gov. Rochas Okorocha of Imo has called for the restructuring of the revenue allocation system to protect weaker states in…

Skye Bank launches “Skye Pearl” to unleash potentials in women

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10 years ago

Restating a commitment to expand the horizon of its customers, Skye Bank has launched “Skye Pearl” initiative to help its…

Dangote Cement posts N166.91 bn Q3 profits

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10 years ago

Dangote Cement Plc has reported a higher turnover and profit margin for its third quarter. According to a report filed…

Nigeria fines MTN $5bn for failing to disconnect unregistered subscribers

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10 years ago

Nigeria’s Communications Commission, the country’s telecommunications regulator, has issued mobile phone firm MTN Nigeria, with a $5bn (£3.5bn) fine for…

Union urges Buhari to reject call for naira devaluation, fuel subsidy removal

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10 years ago

The National Union of Textile and Garment Workers of Nigeria (NUTGWN) has urged President Muhammadu Buhari to reject the call…

We sell adulterated water to banks —suspects

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10 years ago

Kazeem Ugbodaga Men of the Lagos State Rapid Response Squad, RRS, on Sunday arrested two men who specialize in the…

Maritime workers suspend 3-day-old strike

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10 years ago

The Maritime Workers’ Union of Nigeria (MWUN) on Saturday said that it had suspended its three-day-old strike which had paralysed…

NCAA dismisses unions’ threats to shut down airports

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10 years ago

The Nigerian Civil Aviation Authority (NCAA) has dismissed as untrue the threats by two trade unions in the aviation sector…

NSE market indices dip further by 0.05%

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10 years ago

Equity transactions on the Nigerian Stock Exchange (NSE) dropped on Friday as the market indicators depreciated by 0.05 per cent…

Amnesty: We are not owing ex-militants, says FG

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10 years ago

The Federal Government has said that all monthly payments to ex-militants under the Presidential Amnesty Programme were up to date.…

Man jailed for N1.2m stock fraud

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10 years ago

The Economic and Financial Crimes Commission, EFCC, on Thursday, October 22, 2015, secured the conviction of Bashir Olumuyiwa, Managing Director,…

91 companies bid for NNPC’s coastal bunkering vessels service

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10 years ago

The Nigerian National Petroleum Corporation, (NNPC) has began the public opening of technical bids submitted by 91 companies to secure…

5 million users disconnect from MTN in Nigeria

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10 years ago

Over 5 million subscribers of MTN, Africa’s largest mobile phone operator, have ditched their lines with the telco outfit in…

Dangote refinery to begin operations in 2018

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10 years ago

The Management of Dangote Petrochemicals and Fertiliser Plant on Thursday assured Nigerians that its 650,000 barrels Per Day (BPD) capacity…

Lagos shuts 6 companies over N50m tax evasion

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10 years ago

Kazeem Ugbodaga The Lagos State Internal Revenue Service (LIRS) on Thursday shut six companies for non-remittance of taxes due to…

IMF wants Buhari to devalue the naira again

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10 years ago

The International Monetary Fund (IMF) is pressing Nigeria to further devalue its naira currency amid uncertainty over the political and…

Microsoft appoints Abdella as new Regional Director

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10 years ago

Ethiopian-born Amrote Abdella has been announced as the new regional director for Microsoft’s 4Afrika Initiative, effective October 2015. Previously the…

13 ships arrive Lagos with petroleum products

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10 years ago

Thirteen ships laden with petrol, diesel, bulk gas and aviation fuel have arrived the Lagos ports, waiting to berth, the…

AIB probes wing-tip brush by two Arik aircraft

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10 years ago

The Accident Investigation Bureau (AIB) said it had begun investigation of Tuesday’s wing-tip brush by two Boeing 737-800NG belonging to…

Ghana resolves dispute with Nigeria over unpaid gas bill

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10 years ago

The Ghanaian Government said it would pay a Nigerian gas consortium 170 million dollars it owed by February, apparently resolving…

Osinbajo tasks entrepreneurs on graduate unemployment

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10 years ago

Vice President Yemi Osinbajo on Monday requested African entrepreneurs to focus attention on skills training to tackle the challenge of…

Transactions in mobile money transfer scheme hits N815.47b

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10 years ago

Mr Dipo Fatokun, the Director of Banking and Payment System in the Central Bank of Nigeria (CBN) says about N815.47…

FG to sanction DISCOs over installation of substandard electricity equipment

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10 years ago

The Federal Government on Sunday said it would sanction any distribution company that engaged in installation of sub-standard electricity equipment…

Industrialist decries exorbitant taxes, levies

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10 years ago

An industrialist, Dr Godwin Maduka has called on Anambra government to support indigenous investors in the state by reducing the…

Osun, France sign N8bn solar plant agreement

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10 years ago

Osun Government and France have signed an agreement to build a 35 million Euros (N8 billion) 13 megawatts solar plant…

ANALYSIS: Competitors linked to CPC raid on Multichoice office

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10 years ago

By Olalekan Bilesanmi The face-off between the Consumer Protection Council,CPC, and Multichoice got to a head, last week, when the…

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