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CBN Unveils New N100 Note

The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by President Goodluck Jonathan, is going into…

Cargo Flights Suspended To Lagos Airport

Simon Ateba All ‎cargo flights have been suspended at the Murtala Muhammed International Airport in Lagos, the Federal Airports Authority…

FG approves sale of NITEL/MTEL for $252m

The National Council on Privatisation (NCP) on Thursday approved the sale of the liquidated Nigeria Telecommunication Plc. and its subsidiary,…

FG awards N12bn contracts for sea port projects in Lagos, Makurdi

The Federal Government on Wednesday approved a 59-million-dollar (N9 billion) contract for the construction of Berth 21 at the Terminal…

Eko Disco announces 7-hour power outage in Lagos, VI, Ikoyi

Eko Electricity Distribution Plc (EKED) said that there will be seven hour power supply interruption to some areas within its…

Okonjo-Iweala denies 1bn dollars missing from Excess Crude Acct

The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Wednesday said that there was no money missing from the Excess Crude…

FG approves N24bn for rehabilitation of Onitsha-Enugu Expressway

The Federal Executive Council (FEC) on Wednesday in Abuja approved N24.2 billion for the rehabilitation of the outstanding section of…

FG, States, LGs share N628.8bn for November

The Minister of State for Finance, Mr Bashir Yuguda, on Tuesday said that the Federal, states and local government shared…

Fidson boss urges healthcare companies to embrace listing

Fidson Healthcare Plc, Dr Fidelis Ayebae has joined other stakeholders in the health sector and capital market in urging Healthcare…

SON destroy sub-standard goods worth N5billion

The Standards Organization of Nigeria (SON) said on Tuesday that it destroyed substandard goods worth N5 billion in the first…

Jonathan to reduce government spending in 2015 budget

President Goodluck Jonathan warned Tuesday that Nigeria could be forced to cut further the amount of oil revenue it uses…

We forecasted crude oil price crash – Jonathan

President Goodluck Jonathan on Tuesday in Abuja said that the falling price of crude oil did not take his administration…

Ministry meets with NUPENG, PENGASSAN over strike

The Federal Ministry of Labour and Productivity has scheduled a meeting with NUPENG and PENGASSAN against Tuesday in Abuja to…

47 ships laden with petroleum products, containers arrive Lagos

Forty-seven ships containing petroleum products, foods, containers and other commodities are expected to arrive Lagos from December 15 to January…

Oil prices slide to new five-year low

Global oil prices slid to new multi-year lows Monday after a top OPEC official suggested that speculation largely was driving…

Netherlands unveils plan to develop Nigeria’s agriculture sector

The Head of Netherlands Representation in Lagos, Mr Michel Deelen, on Sunday said that his government planned to provide Nigerian…

PENGASSAN, NUPENG to begin strike on Monday

Nigeria’s two main oil workers’ unions said they would launch an indefinite strike on Monday, threatening to hurt the output…

2015: Capital market registrars seek implementation of austerity measures

The Institute of Capital Market Registrars (ICMR) on Saturday said there would be hard times in the equities market in…

Chidoka says Jonathan will transform Aviation College

Minister of Aviation, Chief Osita Chidoka, said transforming Nigerian College of Aviation Technology, Zaria to meet 21st century aviation challenges,…

Customs denies molestation of FAAN manager

The Nigeria Customs Service, Murtala Muhammed International Airport (MMIA) Command, on Saturday said that its personnel were not involved in…

Yuguda urges NDIC to protect depositors’ funds

The Minister of State for FCT, Mr Bashir Yuguda, has called on the Nigerian Deposit Insurance Corporation (NDIC) to ensure…

EFCC arraigns contractor, 2 ex-MTN staff over N1b fraud

Eromosele Ebhomele The Economic and Financial Crimes Commission, EFCC, has arraigned a contractor, Mutairu Babatunde, and two former staff of…

Goat Farming: Nigerians Embrace Foreign Breeds

By Prince Arinze Onebunne Goat farming is becoming very popular day by day. Several businessmen are now considering establishing goat…

75% of cargoes still uncleared at MMIA Cargo Terminal

The Association of Nigeria Licensed Customs Agents (ANLCA) on Thursday said 75 per cent of the cargoes at the Cargo…

Arik Air Adds 20 Flights For Yuletide

Simon Ateba Nigeria’s largest airline, Arik Air, said on Thursday that it will provide additional 20 flights to cater for…

Hacking threatens airline safety, says aviation chiefs

Cyber crime is a serious threat to safety in the skies, aviation industry heavyweights said Wednesday, vowing to fight the…

NCC clamps down on 4 telecoms firms

The Nigerian Communications Commission (NCC) on Wednesday clamped down on four telecoms companies for engaging in illegal usage of spectrum…

Julius Berger working tirelessly to finish Apapa roads – FG

The Federal Controller of Works, Lagos, Mr Godwin Eke on Wednesday said that Julius Berger has began working at night…

Chidoka vows to end corruption in aviation sector by 2015

The Minister of Aviation, Osita Chidoka, on Tuesday said that the ministry would not relent in its effort to break…

61 ships with containers, petroleum products expected in Lagos

Sixty-one ships laden with containers, foods and petroleum products are expected in Lagos ports from Dec. 8 to Dec. 28.…
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