Business

Breaking news: President Jonathan suspends Lamido Sanusi, CBN Governor

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12 years ago

Nigeria’s President Goodluck Jonathan on Thursday morning sacked Lamido Sanusi, as Governor of Central Bank of Nigeria, CBN. The President…

Facebook acquires WhatsApp for $16 bn

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12 years ago

The fast-growing mobile messaging service WhatsApp, trendy among teenagers, has been acquired by Facebook for more than $16 billion in…

Nigeria’s PR group slams APC over AKPD hiring

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12 years ago

The Public Relations Consultants Association of Nigeria (PRCAN), the umbrella body of professional of Public Relations firms in Nigeria, has…

Vandalised pipelines caused petrol scarcity, says NNPC

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12 years ago

The Nigerian National Petroleum Corporation (NNPC) on Wednesday attributed the partial fuel scarcity experienced in some states to disruption in…

Editorial: Kerosene Subsidy Racketeering Must Stop

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12 years ago

The recent investigative hearing on the supply, subsidy and distribution of kerosene in the country, organised by the House of…

Oil exploration: Namibia upbeat about Shell’s arrival

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12 years ago

Namibia’s government said Tuesday it would soon accept more major oil companies into the country, a day after Shell announced…

Nigerian police officer charged with oil theft

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12 years ago

Nigeria’s Economic and Financial Crimes Commission, EFCC on Tuesday arraigned an assistant superintendent of police, Dodo Chilla Bulus, before Justice…

Petrol Price Increases As Scarcity Looms

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12 years ago

Eromosele Ebhomele Against the government regulated price of N97 per litre, most filling stations in parts of Ogun and Lagos…

Profits plunge for Intercontinental Hotels group

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12 years ago

InterContinental Hotels Group, which opened a new hotel in Lagos Nigeria last year, said on Tuesday that annual net profit…

Nigeria Breweries leads gainers, Guinness falls

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12 years ago

Daily equity transactions on the Nigerian Stock Exchange (NSE) opened on Monday in a positive note with the market capitalisation…

Don’t pay for equipment, Ikeja DISCO tells electricity consumers

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12 years ago

The Ikeja Electricity Distribution Company (IKDC) on Monday advised customers to desist from contributing money to officials to buy electricity…

Aviation groups want aviator as Oduah’s successor

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12 years ago

.In letters to President Goodluck Jonathan Simon Ateba/Aviation correspondent Nigeria’s aviation stakeholders met on Saturday to send a clear message…

Secrets To Success In Animal Farming

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12 years ago

By Prince Onebunne With many years of experience in agric business, yours sincerely has an armoury of valued experience which…

China plans to build world’s longest underwater tunnel

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12 years ago

After building the world’s fastest high speed rail system, China plans to build the world’s longest underwater tunnel. An expert…

Nigeria Breweries to pay N4.50 dividend, as profits jump

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12 years ago

Nigeria Breweries Plc has released its audited results for 2013, showing a 6.3 per cent increase in turnover and 13.2…

Chad to privatize state-owned telecom firm, SOTEL

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12 years ago

Chad is set to sell 80 per cent of its stake in state-owned telecommunications firm, Groupe SOTEL, the government has…

Loss making Nigerian power firms stall market take off

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12 years ago

The Nigerian Electricity Regulatory Commission (NERC) has announced the postponement of the take-off of the Transitional Electricity Market (TEM), after…

NB Plc Introduces New Uber Cool Star Lite

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12 years ago

Funsho Arogunade Nigerian Breweries Plc, the brewing giant, on Monday announced a new line extension of its premium lager beer,…

NUPENG warns on another strike

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12 years ago

Workers in Nigeria’s oil industry under the aegis of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), on Tuesday,…

Nestle biggest loser as Lagos stocks dip N62bn

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12 years ago

The market capitalisation on the Nigerian Stock Exchange (NSE) in Lagos dropped by N62 billion or 0.48 per cent at…

Ship in Brazil when It ‘discharged’ petrol In Nigeria, says witness

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12 years ago

Justice Lawal Akapo of the Federal High Court sitting in Ikeja, Lagos heard today that Ifeanyi Anosike and his company…

Nigeria: Female Ex-banker faces N450 mn fraud charge

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12 years ago

Nigeria’s Economic and Financial Crimes Commission , EFCC, today charged a female banker with negligence, leading to the loss of…

Fashola To FG: Where Is $20b Oil Money?

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12 years ago

Kazeem Ugbodaga Governor Babatunde Fashola of Lagos State has called on the Federal Government to immediately tell the nation what…

Google ousts ExxonMobil as 2nd most valued firm

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12 years ago

Google overtook US oil giant ExxonMobil on Monday to become the world’s number two company when rated by market value,…

Nigerian bizman charged with N135m share scam

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12 years ago

The Economic and Financial Crimes Commission, EFCC, on Monday arraigned a businessman identified as Dr. Chidi Barns Okpaluba and a…

N300bn boost for Nigeria’s power sector

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12 years ago

Nigeria’s Federal Government said on Monday that it has set up a Power Sector Investment Fund through which players in…

Nigeria expands Sovereign Wealth Fund with $550mn

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12 years ago

Nigeria’s Federal Government said on Monday that it has added $550m to the country’s sovereign wealth funds managed by the…

Court Dismisses Fani-Kayode’s Quest To Quash Charge

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12 years ago

Akin Kuponiyi A Federal High Court sitting in Lagos, southwest Nigeria, Monday dismissed an application filed before the court by…

Dangote Invests N1.5trn In Lagos Petro-Chemical Plant

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12 years ago

Kazeem Ugbodaga Africa’s richest man and multi-billionaire, Alhaji Aliko Dangote is investing over N1.5 trillion ($9 billion) to establish the…

14 Nigerian states discuss oil exploration

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12 years ago

A meeting of the Association of Petroleum Inland Basin States of Northern Nigeria (APIBONN) will be declared open Monday by…

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