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Crude oil prices down further

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

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

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

Ethiopian Airlines Cargo plane glides off Ghana runway

An Ethiopian Airlines cargo plane skidded off the tarmac on landing in Ghana’s capital, Accra, on Saturday, the airports authority…

If not for Jonathan’s intervention in agriculture, says PDP

The Peoples Democratic Party (PDP) on Thursday said that the timely intervention of President Goodluck Jonathan in agriculture had placed…

2015: Nigerians will determine our action in the oil sector – APC

The All Progressives Congress (APC) has stated that Nigerians will be allowed to determine the decision its government will make…

PIB will address ‘perceived’ anomalies in oil sector, says PDP

The Peoples Democratic Party (PDP) has said that the Petroleum Industry Bill (PIB), when passed by the National Assembly and…

Customs rakes in N977.09bn revenue in 2014

The Nigeria Customs Service (NCS) raked in about N977.09 billion revenues in 2014 from its target of N1.2 trillion for…

Nigeria’s foreign reserves hit $34.49 bn

The Central Bank of Nigeria (CBN) on Wednesday pegged the nation’s foreign exchange reserves at 34.49 billion dollars (N5.74 trillion)…

Nigeria’s Aviation Portal Is Up And Running, Says FAAN

Simon Ateba The Nigerian aviation portal, where real time information about airlines’ operations and services in the country can be…

Please use the self-help lines, ALTON advises Nigerians

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Wednesday advised subscribers to use self-help lines provided by the…

Nigeria in deep financial trouble, Brent oil falls under $50

*Oil may even slide to $40 in coming weeks, say analysts Nigeria may be in for a terrible financial quagmire…

Nigerians paying N17 more for petrol

Nigerians are paying N17 extra on petrol per litre, with crude oil selling below $52 a barrel at the international…

Singapore company launches mobile app for ‘halal’ foodies

A Singapore-based company on Wednesday launched a mobile application that enables Muslim foodies and travellers to share halal restaurant discoveries…

Flight cancellations and delays caused by bad weather, says NCAA

By Simon Ateba/Lagos The avalanche of flight delays and cancellations at Nigerian airports in recent weeks is due to bad…

US stocks down as oil hits fresh multi-year low

United States stocks fell again Tuesday on another stormy day for global financial markets as oil prices plummeted to a…

Arik Air Passenger Caught Stealing During Flight

By Simon Ateba/Lagos A Nigerian passenger travelling on Business Class from Abuja to the Southeastern state of Enugu aboard Arik…

Nigerians now pay more than Americans for petrol, diesel

Bayo Onanuga Nigerians are now paying more money than Americans in real terms for petrol and diesel, bye-products of the…

Fashola slashes land charges in Lagos

Lagos State Governor, Mr. Babatunde Fashola SAN, Monday signed into law an Executive Bill reducing the cost of land transactions…

41 ships laden with foods, petroleum products expected in Lagos

Forty-one ships laden with containers, foods, petroleum products and other goods would arrive Lagos ports from 5 t0 20 January.…

Euro falls to nine-year low against the dollar

The euro fell to a near nine-year low against the dollar in Asia Monday after the head of the European…

Why new technology is getting more personal

New technology is getting more personal. So personal, it is moving to connect and analyze our movements, our health, our…

Oil prices fall further in Asia, Nigeria badly affected

Nigeria will need to review its budget estimate yet again for this year, as oil prices continue to go downwards.…

Boko Haram responsible for Borno blackout – FG

The Minister of State for Power, Alhaji Mohammed Wakil, on Sunday blamed the prolonged power outage in Borno on sabotage…

Improve local refineries, PENGASSAN tells FG

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Sunday urged the Federal Government to demonstrate commitment…

Nigeria, India trade volume hits $17billion

India’s Acting High Commissioner in Nigeria Kaisar Alam on Sunday said the trade volume between Nigeria and India reached 17…

Dangote ranked among most admired, valuable African brands

Henry Ojelu Dangote Industries Limited (DIL) has been ranked among Africa’s top 100 most admired and most valuable brands in…

Lantern causes Bangkok Airways flight cancellation

Bangkok Airways was forced to cancel a flight over the new year period after a traditional fire lantern was found…

Appeal Court Frees Akingbola Of N47.5b Theft Charge

Henry Ojelu The Court of Appeal sitting in Lagos, western Nigeria, has quashed the 22-count charge brought against the former…

Nigerian Breweries completes merger with Consolidated Breweries

The Nigerian Breweries Plc on Wednesday announced the conclusion of its merger with Consolidated Breweries Plc. A statement by the…
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