Business

Struggling Lenovo To Lay Off 3,200 Workers

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11 years ago

China’s Lenovo Group, the world’s biggest Personal Computer (PC) maker, announced on Thursday that it is set to lay off…

Nigeria sells N80bn worth of 2020, 2034 debt at mixed yields

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11 years ago

LAGOS (Reuters) – Nigeria’s sold a total of 80.20 billion naira ($403 million) in bonds maturing in February 2020 and…

We must have steady electricity in Nigeria, says Buhari

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11 years ago

President Muhammadu Buhari said Wednesday in Abuja that his administration will give the fullest possible attention to boosting power supply…

Reps. summon CBN Governor over ban on foreign currency deposits

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11 years ago

The House of Representatives on Tuesday summoned the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to explain the…

Airtel bars unregistered lines

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11 years ago

Henry Ojelu Following the directive by the Nigerian Communications Commission (NCC) to telecoms firms that all unregistered lines should be…

NNPC’s Kachikwu fires 38 top management staff, appoints 4 Executive Directors

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11 years ago

The purge and enhancement of top echelon of Nigerian National Petroleum Corporation, NNPC with new appointments, retirements and deployments of…

Up Again: Naira now N224 to a dollar

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11 years ago

The naira eased against the dollar on the parallel market on Tuesday driven by demand mainly from individuals travelling abroad…

ATM Withdrawals: CBN’s limit may stifle cash flow – Experts

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11 years ago

Some financial experts and businessmen on Tuesday said the Central Bank of Nigeria (CBN) limit on cash withdrawal via the…

LAWMA To Generate Electricity –MD

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11 years ago

The new managing director of Lagos Waste Management Authority, LAWMA, Mr. Abdulwahab Ogunbiyi, has disclosed that the agency has the…

Ford To Manufacture Ranger Pickup in Nigeria

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11 years ago

Daniels Ekugo This is good news to Niigerians, as Ford Automobile has announced that Ford Ranger, the midsize pickup is…

DIGITAL TV TALK: The ABC Of Digital Migration (2)

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11 years ago

Digital broadcasting, as explained in the first installment of this article, is a more efficient way of transmitting sound and…

In Video: Dopemu, Osodi residents protest against IKEDC

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11 years ago

Residents of Agege, Dopemu and Oshodi areas of Lagos state, stage peaceful protest against Ikeja Electricity Distribution Company at the…

Diamond Bank sued for breach of contract

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11 years ago

Akin Kuponiyi An aggrieved customer of Diamond Bank Plc, News Engineering Nigeria Limited, has dragged the bank before a Federal…

PH Refinery: Nigeria’s fuel importation to drop by 40%

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11 years ago

Emeka Offor, Executive Chairman, Chrome Oil Services, says importation of Premium Motor Spirit (PMS) would drop by about 40 per…

GE, USADF, USAID announce $1.1 million awards for African energy entrepreneurs

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11 years ago

General Electric Africa in conjunction with the United States African Development Foundation (USADF) and the United States Agency for International…

Corporate bodies donate N1b to Lagos Security Trust Fund

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11 years ago

Kazeem Ugbodaga Corporate bodies donated over N1 billion to the Lagos State Security Trust Fund, STF, at a dinner held…

Airtel Nigeria Hits 30m Subscriber Milestone

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11 years ago

Henry Ojelu Bharti Airtel, the world’s third largest telecommunications services provider with operations in 20 countries across Africa and Asia,…

Nigeria’s Youngest Female To Pilot Plane Across America

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11 years ago

Daniels Ekugo/with agency report A Nigerian teen has become the youngest black female to ever fly from one end of…

Diageo empowers 1000 Nigerian bartenders

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11 years ago

Funsho Arogundade Diageo, the parent company of Guinness Nigeria Plc, has kicked off its 2015 Master Bar Academy Programme in…

Shell declares force majeure

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11 years ago

Shell has declared force majeure on gas supplies to Nigeria’s LNG export terminal on Bonny Island in Rivers State due…

Abike Dabiri Slams N500m Suit On Diamond Bank

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11 years ago

Akin Kuponiyi Former House of Representatives member Abike Dabiri-Erewa, who represented Ikorodu Federal Constituency between 2003 and 2015 Thursday slammed…

El-Rufai Orders Banks To Close Govt. Accounts, Remit Balance To CBN

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11 years ago

Femi Adi/Kaduna Kaduna State Governor, Mallam Nasir El-Rufai, has directed all banks with accounts of the state government to close…

10 Ships Arrive Lagos Ports With Petroleum Products

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11 years ago

Ten ships have arrived Lagos ports with petroleum products, waiting to berth, the Nigerian Ports Authority (NPA) said on Thursday…

Osinbajo Assures Investors Of Level Playing Field

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11 years ago

Vice-President Yemi Osinbajo says the Federal Government will ensure that business environment in the country is transparent and fair. Osinbajo,…

FAAN Issues 7-Day Ultimatum To Owners Of Abandoned Aircraft

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11 years ago

The Federal Airports Authority of Nigeria (FAAN) on Wednesday issued a seven-day ultimatum to owners of abandoned aircraft at the…

I’m not indebted to FCMB – Senator Uzodimma

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11 years ago

Ayorinde Oluokun/Abuja Reactions to the publications of list of debtors with non performing loans by Nigerian banks has continued with…

CBN orders banks to stop accepting foreign currency deposits

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11 years ago

The Central Bank of Nigeria (CBN), on Wednesday formally asked banks to stop accepting foreign currency cash deposit from customers.…

Buhari orders action to address enormous debt in aviation sector

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11 years ago

President Muhammadu Buhari Wednesday in Abuja expressed concern over the enormous debt profile of Nigeria’s aviation sector, saying that his…

Shake up in NNPC as new GMD sacks 8 executive directors, appoints new ones

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11 years ago

Dr. Emmanuel Ibe Kachikwu, the new Managing Director of Nigerian National Petroleum Corporation, NNPC on Wednesday sacked all the eight…

Osinbajo Assures Automobile Industry Of Govt Support

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11 years ago

Daniels Ekugo Vice President Prof. Yemi Osinbajo has assured local vehicle manufacturers that the new administration will always take a…

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