Business

FG approves N1.1bn for purchase of locomotives

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11 years ago

The Federal Government on Wednesday approved a N1.1 billion contract for the purchase of two modern locomotives for the Abuja-Kaduna…

Fire guts Access Bank In Benin

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11 years ago

Jethro Ibileke/Benin The Airport road branch of Access Bank in Benin, Edo state, was Wednesday night gutted by a rampaging…

GSM’ll Soon Cease To Exist, Says Expert

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11 years ago

Mr. Lanre Ajayi, President, Association of Telecommunications Companies of Nigeria (ATCON), has asserted that the Global System for Mobile Communication…

Braithwaite Battles Bank Over Building

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11 years ago

Dr. Tunji Braithwaite, lawyer and former presidential candidate of Nigeria Advance Party, NAP, has accused Standard Chartered Bank Plc, of…

Africa’s richest woman to expand banking empire to Namibia

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11 years ago

Africa’s richest woman, Angolan Isabel dos Santos, is set to spread her banking empire into neigbouring Namibia, after a banking…

Air France estimates strike cost at ‘500 million euros’

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11 years ago

Struggling French flag carrier Air France on Wednesday said last month’s two-week strike would have an impact of around 500…

Dangote slips on Forbes billionaire ranking

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11 years ago

Aliko Dangote, chairman of Dangote Group has slipped down to 26th position from the 23rd position he occupied since March…

World Bank CFO gives up bonus after uproar

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11 years ago

The World Bank’s top chief financial officer Bertrand Badre gave up a controversial $94,000 bonus after a staff uproar over…

Monarchs urge states to replicate FG’s agric transformation agenda

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11 years ago

Traditional rulers in Nigeria have called on state governments to replicate Federal Government’s Agricultural Transformation Agenda in their various states…

Fancy vivid pink diamond sells for record $17.8mn

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11 years ago

A flawless fancy vivid pink diamond sold for a record US$17.7 million in Hong Kong late Tuesday, Sotheby’s said. The…

GSM, CDMA networks may cease to exist – ATCON

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11 years ago

Lanre Ajayi, President, Association of Telecommunications Companies of Nigeria (ATCON), said on Tuesday that the Global System for Mobile Communication…

Yahoo systems breached by hackers

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11 years ago

Yahoo said some of its servers were breached briefly by hackers, but that the attack was unrelated to the newly…

Nigeria has 48m active internet users – NITDA

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11 years ago

Nigeria’s active internet users currently stands at over 48 million, Dr Peter Jack, the Director-General of the National Information Technology…

Madrid stocks plunge over first Ebola case outside Africa

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11 years ago

The Madrid stock market sank on Tuesday following the announcement of the first case of the Ebola virus outside of…

NNPC warns contractors, others against scam contract proposals

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) has cautioned contractors and other stakeholders in the oil and gas industry against falling…

Crude oil: 40 Nigerian cargoes await buyers

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11 years ago

Around 40 Nigerian crude oil cargoes were still available out of 63 loading in November, traders said on Monday, according…

Chinese firm buys Waldorf Astoria for $1.95bn

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11 years ago

A Chinese insurance company has bought Hilton’s landmark New York luxury hotel the Waldorf Astoria for $1.95 billion, the US…

ITU to check for counterfeiting, substandard devices

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11 years ago

The International Telecommunication Union (ITU) said it would hold talks on strategies to combat counterfeit and substandard devices in Information…

IPMAN acquires 1,000 hectares for N495bn refineries

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11 years ago

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday announced its commitment to provide leadership in establishing private refineries.…

Anambra plans town hall meeting on agriculture

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11 years ago

Following the success that the government of Anambra state has so far recorded in attracting significant investments into the agricultural…

Hewlett-Packard to split business

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11 years ago

Hewlett-Packard is poised to become the latest technology firm to split into two entities by separating its computer and printer…

Jonathan to flag off $1bn Azura-Edo power plant

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11 years ago

President Goodluck Jonathan is billed to lay the foundation stone of the $1 billion Azura-Edo 1,000 megawatts gas-powered Independent Power…

World Bank to provide 2,000 jobs in Delta

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11 years ago

Benson Ojoko, the Coordinator, World Bank’s State Employment and Expenditure for Results (SEEFOR) in Delta, said the project would employ…

Akpabio calls for more investment in A/Ibom

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11 years ago

Governor Godswill Akpabio of Akwa Ibom, on Saturday reiterated his call on stakeholders in the industrial sector to invest in…

Mobile Money agents laud Glo Xchange

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11 years ago

Prospective agents of the newly launched Glo Xchange have praised Globacom, Nigeria’s leading telco for the mobile money super agent…

FIRS clamps down on oil companies, recovers N333m

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12 years ago

The Federal Inland Revenue Service (FIRS) on Friday recovered N333 million from corporate tax payer in the Oil and Gas…

Fayemi rates self high as World Bank inaugurates scheme

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12 years ago

Governor Kayode Fayemi of Ekiti on Friday said his administration had repositioned the state and put it in the limelight…

NSE market indices record further depreciation

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12 years ago

Weekly activities at the Nigerian Stock Exchange (NSE) ended on Friday with market indicators recording further depreciation of 0.07 per…

Dep. Speaker, others laud Alex Otti

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12 years ago

Deputy Speaker of the House of Representatives, Rt. Hon. Emeka Ihedioha, has congratulated Dr. Alex Otti, Group Managing Director and…

Facebook, Whatsapp Merge

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12 years ago

The EU regulators on Friday, 3 October, 2014, approved the merger of Facebook and WhatsApp communication platforms. The regulators said…

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