Business

Dangote runs foul of Zambian law

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12 years ago

Work has stalled in the $400million Dangote Cement plant in Zambia after it ran foul of the country’s environmental law.…

Chinese investments in Nigeria worth $1.7bn

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12 years ago

Liu Kan, Consul-General of the Peoples Republic of China in Nigeria, has said that Chinese investments in Nigeria is about…

Oshiomhole protests extortion of electricity consumers

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12 years ago

Governor Adams Oshiomhole of Edo State has kicked against the N750 monthly fixed charge collected by the Benin Electricity Distribution…

1.8m people enter job market annually- Okonjo-Iweala

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12 years ago

Minister for Finance, Dr Ngozi Okonjo-Iweala, has confirmed that not less than 1.8 million graduates in the country move into…

World Bank doubles lending to emerging economies

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12 years ago

The World Bank plans to nearly double its annual lending to emerging economies like China and India as part of…

IKEDC Opens New Call Lines

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12 years ago

In line with its commitment to ensure an enhanced customer experience for electricity consumers within its coverage area, the Ikeja…

Amangbo new CEO designate at Zenith Bank

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12 years ago

Peter Olisamedua Amangbo, a long serving staff, has been appointed the new Chief Executive Officer (CEO) of Nigeria’s Zenith Bank,…

Britons arrested for crude oil theft innocent, says employer

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12 years ago

The employer of the two British nationals arrested for an alleged plot to steal oil from a pipeline in Nigeria…

Libya’s Sovereign Wealth Fund sues Societe Generale

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12 years ago

Libya’s sovereign wealth fund has sued French bank Societe Generale in a British court for $1.5 billion (1.1 billion euros)…

NLC warns on plans to privatise Nigeria’s refineries, media

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12 years ago

The Nigeria Labour Congress (NLC) on Sunday called for the cancellation of the proposed idea to commercialise Federal Government-owned media…

Nigeria, others lose $60bn to illicit financial flows – Mbeki

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12 years ago

Former South African President, Thabo Mbeki, said in Abuja that African countries lose between 50 billion dollars and 60 billion…

FIFA World Cup makes Qatar plan record budget

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12 years ago

Gas-rich Qatar, pushing ahead with a massive infrastructure drive in preparation for hosting the 2022 football World Cup, unveiled a…

New date for Oando take-over of ConocoPhilips Nigerian business

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12 years ago

Oando has announced 30 April for the completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business…

NNPC wins 10-year old case in UK court

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12 years ago

Ayorinde Oluokun/Abuja A United Kingdom Commercial Court had ruled in favour of the Nigerian National Petroleum Corporation (NNPC) in a…

Terrorism killing Kenya’s tourism industry, says Kenyatta

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12 years ago

(Reuters) – Kenya’s vital tourism sector is “on its knees” after attacks by al Qaeda-linked Islamist militants carried out in…

2 Britons, 10 Nigerians arrested for crude oil theft

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12 years ago

Two Britons and 10 Nigerians have been arrested on charges of trying to bribe a military officer to facilitate oil…

NUPENG shuts petrol loading bay, scarcity looms

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12 years ago

The National Union of Petroleum and Natural Gas Workers (NUPENG) has shut down the operations of Nigerian Independent Petroleum Company…

Nokia X Family Enters Nigerian Market

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12 years ago

Nokia has announced the introduction of the Nokia X Smartphone into the Nigerian market a few weeks after it was…

Bauchi airport named after Tafawa Balewa

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12 years ago

The new airport built by the Bauchi State government, has been named after Nigeria’s first Prime Minister, Sir Abubakar Tafawa…

UBA Plc to pay N0.50k dividend

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12 years ago

The United Bank for Africa (UBA) has proposed a dividend of 50k to shareholders following the release of its audited…

GLO Storm Enugu Trade Fair With Value Added Services

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12 years ago

National telecom operator, Globacom, is set to storm the the 25th Enugu International Trade Fair which kicks off Friday, 28…

Ghana risks credit downgrade, says Fitch

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12 years ago

Ghana has been warned by ratings agency Fitch that it could face a credit downgrade due to its rising debts…

Facebook plans global web access

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12 years ago

Facebook revealed Thursday it has a lab working on using drones, satellites and solar-powered planes to provide web access around…

Dangote bids highest for Shell’s gas field

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12 years ago

Aliko Dangote, Africa’s richest man is planning to acquire a stake in a Nigerian gas field owned by Shell. Forbes…

Strike paralyses flights in Germany

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12 years ago

Air passengers in Germany faced delays, disruption and hundreds of flight cancellations across the country Thursday as ground staff, baggage…

Birmingham City FC owner appeals money laundering conviction

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12 years ago

Birmingham City owner Carson Yeung has filed an appeal against a money-laundering conviction that saw him jailed for six years,…

New CBN governor-designate vows economic stability

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12 years ago

Nigeria’s new central bank governor-designate on Wednesday vowed to ensure economic stability to create jobs and boost growth, as lawmakers…

Dangote Cement posts record profit

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12 years ago

Dangote Cement, the largest capitalised company on the Nigerian Stock Exchange has posted a record profit after tax of N210.2…

Lagos Fire Won’t Affect CBN

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12 years ago

The Central Bank of Nigeria (CBN) on Tuesday assured stakeholders that the fire incident at its office in Lagos would…

Murdoch names son Lachlan as VP of media empire

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12 years ago

Rupert Murdoch said Wednesday he had promoted his son Lachlan to be vice president of the two companies that make…

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