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Business

FG to privatise transport sector

The Director-General of the Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, has said that the bureau would soon begin…

Survey: Interbrand set to gauge the strength of Nigeria brands

Today businesses operate in a constantly changing marketplace. Consumer values and needs change; products and services change; competitors change and…

Missing $20bn: We Were Not Indicted, says NNPC

The forensic audit report on the alleged missing $20bn unremitted oil revenue carried out by the reputable international firm, PriceWaterhouseCoopers…

Ecobank reaffirms financial strength and strong governance in Africa

Daniels Ekugo Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has stated that the bank has the requisite…

Nigeria’s Naira slumps 0.75 %, exchanges N194 to $USD

Nigeria’s naira fell 0.75 percent in volatile trades against the dollar shortly after the forex market opened as demand for…

IMF concerned about Ecobank Nigeria’s weak capital

Ecobank Transnational Inc., a lender with operations across much of sub-Saharan Africa that is embroiled in a court battle with…

Account For Missing N30 Trillion, APC Challenges Okonjo-Iweala

Ayorinde Oluokun/Abuja The All Progressives Congress Presidential Campaign Organisation (APCPCO) has challenged Minister of Finance and Coordinating Minister of the…

Alibaba uses drones to deliver tea in China

Echoing US online retailer Amazon, Chinese e-commerce giant Alibaba on Wednesday tested a drone delivery service, promising to whisk ginger…

Togo court awards another $11.6mn to Ecobank ex-CEO

A court in Togo awarded Thierry Tanoh, the former chief executive of pan-African lender Ecobank , $11.6 million on Tuesday…

We’ll correct the lapses in the oil sector, says Jonathan

President Goodluck Jonathan has assured Nigerians that his government will correct all the lapses in the oil sector after he…

Oil prices edge higher in Asia

Oil edged higher in Asia Tuesday, extending gains from the previous day after US firms cut drilling activity, but analysts…

Jonathan receives forensic audit on NNPC, says no cause for alarm

President Goodluck Jonathan on Monday in Abuja received the Forensic Audit report on the Nigerian National Petroleum Corporation (NNPC) from…

Buhari To Jonathan: Account For $20b Missing Oil Fund

Kazeem Ugbodaga The presidential candidate of the All Progressives Congress, APC, General Muhammadu Buhari has challenged President Goodluck Jonathan to…

Jonathan responsible for massive corruption in agric sector – APC

The All Progressives Congress Presidential Campaign Organisation (APCPCO) on Sunday accused President Goodluck Jonathan of massive corruption in Nigeria’s agricultural…

We’ll generate 20,000mw of electricity in 4 years, says Buhari

The All Progressives Congress Presidential Campaign Organisation (APCPCO) on Sunday said it would provide 20,000 megawatts (mw) of electricity in…

Okonjo-Iweala ‘needs serious help’ – Prof. Charles Soludo

Professor Charles Soludo, former Central Bank of Nigeria governor believes that the Minister of Finance and Coordinating Minister of the…

N30 trillion missing under Okonjo’s watch, says Soludo

By Professor Chukwuma Soludo Former CBN governor, Soludo responds to his virulent attack by finance minister, Ngozi Okonjo-Iweala, after his…

Another oil pipeline explosion outskirt of Lagos

Another pipeline explosion occurred early Sunday along Pipelines and Products Marketing Company (PPMC) network at Arepo, Ogun State, on the…

Jonathan pledges to revive textile industries, generate employment

President Goodluck Jonathan on Saturday pledged to revive the textile industry sector in Nigeria to generate employment and boost the…

Insight: The Diezani disaster in Nigeria’s oil ministry

Toyin Akinoso It would be inappropriate for President Goodluck Jonathan- if re-elected- to reappoint the current Nigerian minister of petroleum.…

Glo To Give Free 26,000 SIMs To Katsina Workers

Over 26,000 civil servants in Katsina State will enjoy the telephone Free Access Programme launched in the state on Thursday…

Nigeria’s foreign reserves down by 20 per cent

Nigeria’s foreign exchange reserves fell to $34.38 billion by January 28, down 20.3 per cent from $43.16 billion a year…

Samsung posts first annual profit decline in three years

Samsung Electronics, the world’s largest smartphone maker, posted its first drop in annual net profit in three years Thursday, days…

Nigeria can transmit power from 10 new sub-stations, says Sambo

Vice President Namadi Sambo on Wednesday insisted that Nigeria had the capacity to transmit additional power being generated by the…

I’ll create more jobs through agriculture, says Jonathan

President Goodluck Jonathan on Monday in Ilorin promised more investment in the agriculture sector in order to boost employment opportunities…

Banks shut again in Ijebu-Ode

Abiodun Onafuye/Ijebu-ode Commercial banks in Ijebu Ode, Ogun state in western Nigeria remained shut for the second day today, over…

Glo Listed Among Africa’s 6 Best Brands

Giant telecommunications outfit, Globacom, has been named as one of the six most admired brands on the continent of Africa.…

FG approves N250bn for SMEs, says Sambo

The Federal Government has approved N250 billion for the establishment of Small and Medium Scale Enterprises (SMEs), Vice President Namadi…

Microsoft profit dips as revenue rises

Microsoft on Monday reported that its quarterly profit dipped but revenue increased in a sign that it is adapting to…

Facebook unveils ‘lite’ app in Nigeria, other emerging markets

Facebook said Monday it is testing a lightweight version of its mobile app for mobile phones with poor-quality Internet connections…
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