Business

NNPC moves to crash kerosene price nationwide

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) has initiated a scheme aimed at getting kerosene to consumers across the country at…

FG reduces petrol pump price by N10

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11 years ago

The Federal Government has announced the reduction of the fuel price of petrol from N97 per litre to N87 per…

Kano sets up committee to checkmate bird flu

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11 years ago

Kano State Government has set up a committee to checkmate the outbreak of bird flu in some parts of the…

FG has so far spent N10bn on 2nd Niger Bridge, says Jonathan

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11 years ago

President Goodluck Jonathan said the Federal Government has spent N10 billion on construction of the 2nd Niger Bridge out of…

Swiss franc surge leaves currency brokers in tatters, banks in heavy losses

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11 years ago

by Roland JACKSON/AFP The surprise surge in the Swiss franc left currency brokers and banks worldwide licking their wounds on…

ECOBank to pay ex-CEO $15million in damages

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11 years ago

An Ivory Coast commercial court has ordered Ecobank Transnational Inc (ETI) to pay $15 million in damages to former chief…

Fashola set to move tank farms from Apapa to Lekki

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11 years ago

Governor Babatunde Fashola of Lagos State on Friday said that his administration had concluded plans to relocate all tank farms…

Wheat production to reach 1.5m tonnes by 2017

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11 years ago

The Federal Government, through the Wheat Value Chain (WVC), is to increase national wheat production from the current 100,000 tonnes…

FG to inaugurate over 1 million prepayment meters

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11 years ago

The Minister of Power, Prof. Chinedu Nebo, on Thursday in Abuja said that the Federal Government would soon inaugurate over…

FG to construct 75MW gas turbines to boost refinery operations

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11 years ago

The Federal Government said it planned to construct three 25 megawatts gas turbines at Port Harcourt Refining Company Limited (PHRC)…

Reps to probe N3.4bn monthly payment to Ajaokuta Steel

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11 years ago

The House of Representatives has mandated its Committee on Steel to probe the N3.4 billion being spent as monthly salaries…

Blackberry, Samsung deny takeover report

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11 years ago

Canadian smartphone maker BlackBerry’s shares jumped then fell back Wednesday amid rumors of takeover talks with South Korea’s Samsung, which…

FG urged to refloat National Shipping Line

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11 years ago

A marine engineer, Mr Alex Peters, on Wednesday urged the Federal Government to facilitate the re-establishment of a national shipping…

Tax tribunal adjourns N65m suit filed against FIRS

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11 years ago

The Tax Appeal Tribunal, Abuja, has adjourned hearing till February 5 the suit filed by Gazprom Oil and Gas Nigeria…

48-hr cargo clearance possible, says Customs agent

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11 years ago

A Licensed Customs Agent, Mr Dayo Azeez, on Wednesday said that cargoes could leave Nigerian ports within 48 hours if…

Coca-Cola Launches ‘Share A Coke’ Campaign

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11 years ago

Coca-Cola Nigeria has launched the popular Share a Coke campaign in the country. For the first time in Nigeria, Coca-Cola…

FG Finds 13 Options To Oil Revenue

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11 years ago

Following the recent fall in global oil prices and the setback it portends for the country’s economy, the federal government…

Months After Ebola, Arik resumes flights to Cameroun, Benin

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11 years ago

By Simon Ateba/Ouagadougou ‎Nigeria’s largest airline, Arik Air, said on Wednesday that it is resuming flights to Cameroun and ‎Benin…

Senate confirms Nnanna as CBN Deputy Governor

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11 years ago

The Senate on Tuesday approved the nomination of Dr Joseph Nnanna as Deputy Governor of Central Bank of Nigeria (CBN).…

24 ships petroleum products, foods, arrive Lagos ports

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11 years ago

Twenty-four ships laden with foods, petroleum products and other goods have arrived at Lagos ports, waiting to berth. The Nigerian…

Inflation in Nigeria stands at 8% – NBS

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11 years ago

The National Bureau of Statistics (NBS) on Tuesday said the inflation rate stood at 8.0 per cent in December 2014,…

2015 budget will be passed in good time – Tambuwal

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11 years ago

The Speaker, House of Representatives, Aminu Tambuwal, has assured Nigerians that the House would expedite action in the passage of…

NNPC urges Nigerians to fight pipeline vandalism

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) has called on Nigerians, especially those living in communities close to pipelines, to see…

Petrol, diesel prices: APC urges PDP stop stealing from Nigerians

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11 years ago

The All Progressives Congress has asked the Peoples Democratic Party (PDP) led Federal Government to allow Nigerians enjoy the relief…

SEC appoints Gwarzo as Acting DG

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11 years ago

Mr Munir Gwarzo, the Executive Commissioner, Operations, Securities and Exchange Commission was on Monday, appointed as the acting Director-General of…

OPEC cannot protect oil price, says UAE

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11 years ago

OPEC cannot protect world oil prices which have plunged since June, the United Arab Emirates said on Tuesday, adding that…

Report: Gas tanker runs aground off Nigeria

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11 years ago

A liquefied natural gas (LNG) tanker has run aground off Nigeria after taking on a cargo at the country’s Bonny…

Crude oil prices down further

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11 years ago

Oil prices tumbled again Monday, while most Asian stock markets also retreated after a sell-off in New York at the…

Crude Oil Crash: FG finds 13 alternative revenue to oil, says Aganga

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11 years ago

The Federal Government has marked out 13 National Strategic Export Products meant to replace the petroleum products which prices have…

Arunma Oteh quits as SEC Director-General

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11 years ago

The Securities and Exchange Commission (SEC) on Sunday announced the exit of Ms Arunma Oteh as the commission’s Director-General. The…

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