Business

NNPC, CBN pay salaries that enable workers compete with multinationals – Egbule

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12 years ago

Salaries paid to workers in NNPC and CBN are to enable them to compete with their multinational counterparts. Chairman, National…

Access Bank moves to block probe of IB acquisition

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12 years ago

In a bid to forestall the the probe of how Access bank Plc acquired Intercontinental bank Plc by Financial Reporting…

Bi-Courtney to spend N500m to improve MMA2 facilities

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12 years ago

The management of Bi-Courtney Aviation Service Ltd (BASL) on Wednesday said it would spend about N500 million to improve facilities…

FG seals NNPC depot, four filling stations in Ogun

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12 years ago

The Federal Ministry of Trade and Investment on Wednesday sealed five filling stations in Ogun over alleged sharp practices. NAN…

Okocha, Kanu Become Star Ambassadors

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12 years ago

Funsho Arogundade Nigerian football icons, Austin ‘JayJay’ Okocha and Kanu Nwankwo, have been announced as ambassadors for Star, the premium…

Customs denies 35% duty on used vehicles

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12 years ago

The Nigerian Customs Service (NCS) on Wednesday denied the allegation by licenced customs agents that it has begun the implementation…

Interview: Okonjo Iweala speaks on Chibok girls, WEFA

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12 years ago

Dr. Ngozi Okonjo Iweala is Nigeria’s Finance Minister named recently as one of Time’s most influential people. I know that…

$8.4m Fraud: Court Denies Ajudua Bail Again

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12 years ago

Henry Ojelu A Lagos High Court sitting in Ikeja Tuesday turned down a bail application filed by Fred Ajudua who…

BlackBerry fights back with budget smartphone

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12 years ago

BlackBerry on Tuesday launched a new budget handset in Indonesia, one of its last bastions, a major step in the…

Nissan’s full-year profit jumps to $3.8 bn

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12 years ago

Japanese auto giant Nissan said Monday its full-year net profit jumped 14.0 per cent, boosted by a weaker yen, cost-cutting…

Samsung says chairman ‘stable’, no disruption

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12 years ago

Samsung Electronics chairman Lee Kun-Hee was in stable condition in hospital Monday after suffering an apparent heart attack, the company…

Steel ministry seeks bank funding for solid minerals

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12 years ago

The Ministry of Mines and Steel Development has appealed to banks in Nigeria to fund the solid minerals sector with…

China signs mega east Africa rail deal

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12 years ago

China on Sunday signed a deal to build a $3.8 billion rail link between Kenya’s Indian Ocean port of Mombasa…

Dangote Group to invest $2.3bn in Northern Nigeria

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12 years ago

The Dangote Group on Saturday pledged to invest 2.3 billion dollars in sugar-cane and rice production in the Northern part…

Dangote moves to crash cement prices

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12 years ago

The President of Dangote Group, Alhaji Aliko Dangote said that nine million tonnes of cement have been released into the…

Grasscutter Farming: Explore Goldmine In Your Backyard!

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12 years ago

By Prince Arinze Onebunne Nigeria has a population of about 160 million from the 6.5 billion of the world population.…

DMO to sell N70bn worth of bonds on May 14

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12 years ago

The Debts Management Office ((DMO) said on Friday that it would sell N70 billion worth of Federal Government bonds on…

WEF: Africa is greenfield for investments – Jonathan

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12 years ago

President Goodluck Jonathan said Africa is open for direct foreign investments and will cease from demanding aids from the developed…

Apple plans August launch for iPhone 6

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12 years ago

Apple plans to release its new iPhone in August, a month earlier than expected, after sales were hit by new…

WEF: African leaders sign $700m MoU to support immunisation

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12 years ago

African Leaders on Thursday 8 May signed Memorandum of Understanding (MoU) of 700 million dollars to support immunisation and investment…

Dangote woos foreign investors to Nigeria

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12 years ago

Africa’s richest businessman, Alhaji Aliko Dangote, on Thursday urged foreign investors to invest in Nigeria because “the business environment is…

Only a quarter of workforce contribute to Nigeria’s housing fund

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12 years ago

Mr Raheem Onitolo, the Oyo State Controller of the Federal Mortgage Bank of Nigeria (FMBN), said less than 25 per…

WEF: Abuja records lull in government offices

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12 years ago

The Federal Secretariat, Abuja, where most government offices are located, is now devoid of activities due to the government’s temporary…

Kaduna Disco, Niger Republic to collaborate on power supply

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12 years ago

The Kaduna Electricity Distribution Company (KEDC) and the Societe Nigerienne D’electricite (NIGEREC) of Niger Republic, on Thursday agreed to adopt…

NATCOMS lament poor telecommunication services

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12 years ago

Chief Deolu Ogunbanjo, President, National Association of Telecom Subscribers (NATCOMS), on Thursday said the poor services offered by telecommunication operators…

NPA to establish Maritime Safety Centre

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12 years ago

The Nigerian Ports Authority (NPA) says it will soon establish a Maritime Safety Centre to improve marine services. The Managing…

WEF: Jonathan urges African leaders to commit to agriculture

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12 years ago

President Goodluck Jonathan on Wednesday urged African leaders to go beyond campaign ‎slogans if they want to reap benefits of…

Lagos demolished 1,051 houses blocking drains, says Bello

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12 years ago

Kazeem Ugbodaga The Lagos State Government has demolished 1,051 buildings erected on the right of ways of drainage alignment across…

Abuja shut down for WEFA

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12 years ago

Ayorinde Oluokun/Abuja Abuja, was virtually shut down of Wednesday morning as the much anticipated World Economic Forum for Africa (WEFA),…

Coca-Cola To Remove Controversial Drinks Ingredient

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12 years ago

The world’s largest beverage-maker, Coca-Cola, plans to remove a controversial ingredient from some of its drinks brands by the end…

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