Business

Nigeria seeks $200m credit from Germany – Okonjo Iweala

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12 years ago

The Federal Government is seeking 200 million dollars “soft credit” from the German Government for the establishment of a development…

‘Green car’ splits global automakers

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12 years ago

Global automakers are locked in a showdown evoking the video format wars of the 1980s, as they bet on what…

NUPENG suspends nationwide strike

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12 years ago

The National Union of Petroleum and Natural Gas (NUPENG) said on Tuesday that had suspended its planned nationwide strike. NUPENG’s…

FG, States, LGs share N683.9bn for May

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12 years ago

The Accountant-General of the Federation (AGF), Jonah Otunla, said N683.9 billion was shared among the Federal Government, states and local…

‘Glo Delivers Seamless Services On Our Campus’

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12 years ago

Students of the Edo State College of Agriculture have commended Globacom for providing excellent services on their campus located at…

Inflation rate up by 0.1% – Bureau

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12 years ago

The National Bureau of Statistics (NBS) on Monday said inflation rate stood at 8.0 per cent in May, 0.1 per…

Rice farmers lament insecurity in Borno

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12 years ago

The Maisandari Rice Farmers Association in Borno state said that Boko Haram insurgency had forced its members to abandon farming…

Rural areas need telecoms presence – Ericsson Nigeria

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12 years ago

Kamar Abass, Managing Director of Ericsson Nigeria, on Sunday in Lagos urged telecom operators to dwell more on infrastructure sharing,…

Abuja-Kaduna rail line 85% complete

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12 years ago

The Minister of Transport, Senator Idris Umar, said on Saturday that the Abuja-Kaduna Standard Gauge Rail Modernisation Project was 85…

Mitsubishi offers to buy 10% stake in Alstom

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12 years ago

Japan’s Mitsubishi Heavy Industries is offering to buy a 10 percent stake in Alstom, a report said Sunday, as it…

US demands $10 bn from Citi over mortgage bonds

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12 years ago

The Justice Department has asked Citigroup for more than $10 billion to settle claims the bank misled investors on mortgage-backed…

Samsung launches high-end tablets

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12 years ago

Samsung began selling a new line of high-end tablet computers Friday that aim directly at the market-leading Apple iPad. The…

Kaduna refinery to operate 100% by 2015

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12 years ago

Saidu Mohammed, Managing Director, Kaduna Refinery and Petrochemical Company, says the refinery would run at 100 per cent capacity by…

E-Government master plan ready, says Korean expert

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12 years ago

The e-government master-plan designed for Nigeria by Prof. Hung Park would be ready in August, the Korean expert disclosed on…

Jigawa gets 6 rice trading centers

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12 years ago

The Jigawa chapter of the Rice Dealers Association of Nigeria, on Friday, said it had concluded arrangements to establish six…

FG sets up nuclear electricity generation committee

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12 years ago

The National Economic Management Team (EMT) on Thursday set up a committee to develop a framework for the proposed use…

Shell Nigeria shuts key pipeline

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12 years ago

Mutiu SunmonuMutiu Sunmonu Anglo-Dutch oil group Shell’s Nigerian subsidiary on Thursday declared “force majeure” on exports from a key pipeline…

Jang wants railway terminus relocated to Kuru

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12 years ago

Governor Jonah Jang of Plateau on Thursday called on the Federal Government to relocate the Jos railway terminus to Kuru…

Honda Accord Wins Car Of The Year

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12 years ago

The panel of adjudicators of Nigeria Auto Awards has voted D-Segment Honda Accord the ‘Executive car of the year.’ Honda…

New Chrysler 300C Arrives Nigeria

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12 years ago

The new luxury redesigned Chrysler 300c, a rare breed vehicle has arrived Nigeria. Many changes have taken place over those…

Germany boost for Governor Amosun

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12 years ago

Abiodun Onafuye/Abeokuta Ogun State government received a boost Wednesday when German Minister of Economic Cooperation and Development, Dr. Geah Mueller…

Confab adopts Agricultural Committee’s Report

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12 years ago

The National Conference in Abuja on Wednesday adopted the amended report of its Agriculture and Water Resources Committee’s Report. One…

Power reform not a failure – FG

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12 years ago

Prof. Chinedu Nebo, Minister of Power on Wednesday in Abuja, said the Federal Government’s Power Reform was very much on…

$620k Bribe: Farouk, Emenalo Re-Arraigned

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12 years ago

Nnamdi Felix/Abuja Former Chairman, House of Representatives Ad-hoc Committee on Fuel Subsidy Regime, Farouk Lawan and its former secretary, Mr.…

Airbag defect: Toyota recalls 2.27 mn vehicles globally

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12 years ago

Toyota on Wednesday said it was recalling 2.27 million vehicles globally over an airbag system defect that could cause a…

World Bank sees ‘flat’ growth for developing countries

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12 years ago

The World Bank lowered its 2014 growth forecasts for the global economy Tuesday, but said advanced economies’ rebound from a…

Diezani nominated as OPEC secretary-general – Iraqi Oil Minister

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12 years ago

Iraqi Oil Minister, Abdelkarim al-Luaybi on Tuesday 10 June claimed that Nigeria had nominated Petroleum minister, Diezani Alison-Madueke, to succeed…

CBN gets N392.77m as fines from six banks

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12 years ago

Six commercial banks paid N392.77 million in fines to the Central Bank of Nigeria (CBN) in 2013 for contravening various…

Dangote Cement decries sand quality in block making

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12 years ago

Dangote Cement Plc on Tuesday 10 June said that the type of sand used in mixing cement to mould blocks…

Mobile users to reach 9.2bn in sub-Saharan Africa by 2019

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12 years ago

Ericsson, a technology and communication services provider, on Tuesday, disclosed that mobile internet usage would increase twice the global rate…

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