Business

Plane flying from Nigeria to Gabon ‘missing’

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12 years ago

A four-seater plane flying from Nigeria to Gabon via Cameroon has disappeared, according to Cameroon aviation sources on Tuesday. The…

CBN ups Bureau De Change’s capital requirement to N35m

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12 years ago

The Central Bank of Nigeria (CBN), on Monday, said it has increased the minimum capital requirement for Bureaux de Change…

Ministry calls for popularisation of research products

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12 years ago

The Federal Ministry of Science and Technology said there was need for adequate popularisation and commercialisation of major research developments…

Ibru moves against sale of Oceanic Bank, takeover of Aero

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12 years ago

Nnamdi Felix / Abuja Justice Ahmed Ramat Mohammed of a Federal High Court sitting in Abuja on Monday adjourned till…

China manufacturing grows for first time in six months

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12 years ago

China’s manufacturing activity expanded in June for the first time this year as the effects of Beijing’s mini-stimulus on the…

Tokyo stocks up 0.36% by break

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12 years ago

Tokyo stocks rose 0.36 percent on Monday morning, buoyed by a weaker yen and record-setting advances on Wall Street. The…

Union demands CDMA networks improvement

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12 years ago

President of the National Association of Telecommunications Subscribers (NATCOMS), Chief Deolu Ogunbanjo, on Sunday urged the providers of Code Division…

Power generation will hit 6000MW by December

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12 years ago

The Minister of Power, Prof. Chinedu Nebo, says electricity generation in the country will hit 6,000 megawatts before December. Nebo…

Alstom board backs bid by General Electric

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12 years ago

The board of directors of French power-to-rail group Alstom on Saturday unanimously approved US conglomerate General Electric’s bid to acquire…

NSE moves against building collapse in Nigeria

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12 years ago

The Nigerian Society of Engineers (NSE) on Saturday said decisive measures were being taken to stop the cases of building…

Nigeria gets 512mn euros from EU to improve power, security

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12 years ago

The European Union (EU) has signed a financial agreement with the Federal Government to receive 512 million euros grant (N112…

NCC, Nollywood to enhance film production

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12 years ago

The Nigerian Communication Commission (NCC) says it is partnering the Nigerian movie industry to enhance the Information and Communication Technology…

FAAN increases security check at airports

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12 years ago

The Federal Airports Authority of Nigeria (FAAN) on Saturday said it had intensified special security check of individuals and vehicles…

Osun set to increase apiary

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12 years ago

The Osun Government on Friday said it had acquired 10.7 hectares valued N2.4million for apiary at Oyan, Odo Otin Local…

Active GSM lines up to 126m in April

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12 years ago

The Nigerian Communications Commission (NCC) on Friday said that active lines in the nation’s telecommunications industry increased to 129,391,392 in…

Shell faces hefty compensation claims after UK Court ruling

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12 years ago

A landmark United Kingdom court ruling paves the way for Shell to finally be held accountable for devastating oil pollution…

Grasscutter, Antelope Meat Are Superfoods

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12 years ago

By Prince Arinze Onebunne Every one of us makes life critical decisions each day. With each meal; we are determining…

Invest in aviation, Minister tells private sector

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12 years ago

The Supervising Minister of Aviation, Dr Samuel Ortom, on Thursday called on the private sector to invest in infrastructure development…

India largest importer of Nigeria’s crude oil

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12 years ago

The Nigerian National Petroleum Corporation (NNPC) on Thursday said India had replaced the United States as the largest importer of…

ExxonMobil gets 14 days ultimatum to sort discrimination issues

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12 years ago

Indigenous contractors working for ExxonMobil Unlimited in Eket, Akwa Ibom, on Thursday gave the company 14 days to address lingering…

Siemens and Mitsubishi increase bid for Alstom

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12 years ago

Siemens and Mitsubishi upped their offer for France’s power-to-rail group Alstom on Friday, as they battled with General Electric to…

FG releases N200bn as capital vote

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12 years ago

The Federal Government in Abuja on Thursday announced the release of N200 billion for the execution of capital projects for…

FG to spend N13bn for Abuja satellite towns

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12 years ago

General Martin Agwai (retd.), Chairman, Subsidy Reinvestment and Empowerment Programme (SURE-P), said Federal Government would spend N13 billion to provide…

Nigeria ranked as most preferred investment destination

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12 years ago

A United States based economic advisory firm, Frontiers Strategy Group, said investment interest in Nigeria by international organisations and multinationals…

BA to increase Nigeria operations with 72 aircraft

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12 years ago

The British Airways (BA) airline said in Ikeja on Thursday that it would soon acquire 72 new aircraft, to boost…

Lagos shuts oil firm over N4.9bn tax evasion

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12 years ago

The Lagos State Internal Revenue Service (LIRS) on Wednesday sealed an oil and gas consultancy firm, BakLang Allianz International Limited,…

EU set to solve Nigeria’s power problem

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12 years ago

The European Union (EU) is to intervene in Nigeria’s power sector problems. Towards this end, the union is to sign…

Nigeria’s oil minister approves sale of Conoco assets to Oando

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12 years ago

Nigeria’s oil minister, Diezani Alison Madueke, has finally given her consent to the acquisition of Conoco-Phillips Nigerian asset by Oando,…

Jonathan appoints new PTDF Executive Secretary

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12 years ago

President Goodluck Jonathan has appointed Olufemi Ajayi as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). This was…

Bi-Courtney pledges repair of faulty elevators at MMA2

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12 years ago

Bi-Courtney Aviation Services Ltd., (BASL) on Wednesday assured air travellers that faulty escalators at the Murtala Muhammed Airport (MMA2) would…

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