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Business

Aviation ministry pays N21bn to contractors

The Ministry of Aviation has paid N21billion out of the N174 billion owed contractors. The former Supervising Minister of Aviation,…

BSkyB strikes deal to create pan-European pay TV giant

British satellite television group BSkyB said on Friday it had agreed multi-billion-dollar deals with Rupert Murdoch’s media empire 21st Century…

Okonjo-Iweala lauds FG’s rail projects

The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Thursday commended the progress made so far in the construction of the…

FG signs MoU with US on development of power sector

The Federal Government on Thursday signed a Memorandum of Understanding (MoU) with the United States government to fast track the…

Jonathan wants Nigeria, OPEC nations to strengthen ties

President Goodluck Jonathan on Thursday, called for closer ties between Nigeria and other members of the Organisation of Petroleum Exporting…

Unity Bank sacks 170 workers, recruits 300

Unity Bank Plc on Wednesday said it had sacked 170 staff in its operations nationwide. The banks also announced that…

Lagos lauds Airtel over Touching Lives Initiative

Lagos State deputy governor, Princess Adejoke Adefulire-Orelope, wife of Lagos state governor, Dame Abimbola Fashola and former commissioner of Environment,…

Empowering Nigerians our top priority – FG

The Minister of Labour and Productivity, Emeka Wogu, on Tuesday said the empowerment of Nigerians in an equitable manner remained…

US, Ebonyi State sign clean water‎ expansion agreement

By Simon Ateba/Lagos The United States Agency for International Development, USAID, has signed a Memorandum of Understanding, MoU, with the…

Peacock Wins Another Award

Simon Ateba Peacock Travels and Tours, a subsidiary of Peacock Group of Companies, has won another award, the company said…

Enterprise Day Critical To Lagos Economic Devt, Says Gasper

Kazeem Ugbodaga The Lagos State Government at the weekend explained the central reason for marking the state’s enterprise day annually,…

Grasscutter Farming: The Wonderful New Doorway To Success

By Prince Arinze Onebunne There are many reasons for keeping and raising grasscutters. Not only are they friendly, but they…

UK Detectives Probe Nigerian Accountant

A Nigerian accountant working with a chain of academies championed by Michael Gove is currently being investigated by detectives at…

Fashola visits Apapa again, decries FGs insensitivity

In a bid to find a lasting solution to the traffic gridlock in Apapa as a result of fuel and…

Jonathan tasks Bayelsans on agric development

President Goodluck Jonathan has charged the people of Bayelsa state to engage in vigorous undertakings to speed up the economic…

Zamfara plans N1bn loan for farmers

Zamfara Government plans to access N1 billion loan to be disbursed to farmers to boost food production in the state,…

Nigeria to produce 22mn tonnes of additional food by 2015

The Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, has said that Nigeria would surpass its target and produce…
Enugu Electricity Distribution Company (EEDC)

Power generation to hit 6,000 mega watts by December

There were indications on Friday in Lagos that the channelisation of the ongoing Independent Power Projects into the national grid…

Boost electricity supply, FG tells power companies

The Federal Government has urged private power firms to explore the use of embedded power generation to boost power supply,…

2.5 million people travel by rail – NRC

An official of the Nigerian Railway Corporation (NRC) announced on Friday in Lagos that no fewer than 2.5 million people…

Microsoft unveils wide range of accessories for smartphones, cars

Phone owners are set for a thrill with Microsoft’s wide range of comfy real-time accessories. The new accessories which were…

US giant AbbVie buys drugmaker Shire for $54bn

Shire Pharmaceuticals has accepted a £32-billion ($54-billion, 40-billion-euro) takeover bid from AbbVie, the two companies announced on Friday, in a…

Gas scarcity hinders electricity supply – BPE

The Director-General of Bureau of Public Enterprises (BPE), Benjamin Dikki, said on Thursday that scarcity of gas supply was impeding…

NSE Market Capitalisation dips by N37bn

Activities at the Nigerian Stock Exchange (NSE) on Thursday closed on a downward trend after three consecutive days of equity…

Renewable energy: EU supports Nigeria with N3.4b

The European Union on Thursday said it had given more than N3.4 billion grant to boost renewable energy in Nigeria…

BPE Lauds IKEDC Over Transformation Process

The Director General of Bureau of Public Enterprises (BPE), Benjamin Dikki on Wednesday lauded Ikeja Electricity Distribution Company (IKEDC) over…

NNPC to begin oil bunkering in October

The Nigeria National Petroleum Corporation (NNPC) said it had concluded plans to go into oil bunkering business to boost its…

NAFDAC Ordered To Pay FG N1.4b

The Fiscal Responsibility Commission (FRC) on Wednesday directed the National Agency for Food and Drug Administration and Control (NAFDAC) to…

Airtel Unveils Affordable Roaming Bundles

Airtel Nigeria, has introduced a unique roaming package that will empower telecoms consumers to connect with business associates, friends and…

UBA Launches Salary Advance Credit Card For Workers

United Bank for Africa (UBA) Plc, has announced the introduction of a new product “U-Advance Card,” a payment card that…
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