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Brazil seeks bigger role in Nigeria’s energy sector

Brazil’s President Dilma Rousseff said Saturday that her government will seek to boost energy ties with Nigeria, Africa’s top oil…

Brazil’s leader arrives Nigeria

Brazil’s President Dilma Rousseff met with Nigeria’s leader Goodluck Jonathan in Abuja on Saturday for talks that were expected to…

N500m Suit: We Don’t Owe Paul Play A Dime — Ultima

Ultima Limited, producer of popular music talent hunt show, Project Fame, has denied the infringement claims levelled against the outfit…

Guinness Wins Sports Brand Award

Guinness, official sponsor of Nigeria’s Super Eagles, has emerged inaugural winner of the Sports Brand of the Month Award. The…

Google launches high-end laptop to upset Apple

Google on Thursday unveiled a touch-screen notebook computer designed for high-end users, throwing down a gauntlet for Apple and its…

Jonathan, Clinton, Fashola launch Eko Atlantic city site

President Goodluck Jonathan on Thursday said that the Atlantic City Initiative in Lagos was another major addition to the nation’s…

Five Suspects Rearraigned Over Fuel Subsidy Fraud

Five suspected fuel subsidy fraudsters were today re-arraigned before Justice Adeniyi Onigbanjo of the Ikeja High Court for defrauding the…

Singer Paul Play Slams N500m Suit On MTN

In what may very well be the first major copyright infringement lawsuit in modern time in Nigeria, pop singer Paul…

32 Illegal Drug Stores Shut In Lagos

Officials of the Lagos State Task Force on Counterfeit, Fake Drugs and Unwholesome Processed Foods have shut 32 illegal drug…

Female banker jailed 9 years for fraud

Justice Adeniyi Onigbanjo of the Lagos High Court sitting in Ikeja has sentenced a former banker, Vera Ogbonna Akanni to…

2 Indians docked for oil theft from pipelines

Nnamdi Felix / Abuja Four persons, including two Indians and their company were on Wednesday arraigned before a federal high…

US tycoon mocks 3-hours- a day French workers

The head of US tyremaker Titan sparked an uproar in France on Wednesday by mocking French workers for putting in…

$50b smuggled out of Russia in 2011

Russia’s central bank said Wednesday that $49 billion had left the country illegally last year in a staggering capital flight…

Britain raises £2.3 billion from 4G mobile auction

Britain’s government has raised £2.3 billion from its 4G mobile auction that will result in five telecoms companies providing the…

2 Nigerian bank staff charged with theft

Nigeria’s Economic and Financial Crimes Commission (EFCC) has arraigned two Afribank (now Mainstreet Bank) staff before Justice Dije Aboki of…

Nigeria’s oil subsidy payments not sustainable

Dr. Bright Okogu , Director-General, Budget Office of the Federation, , said in Abuja on Tuesday that continued payment by…

Nigeria wants world’s help to slow massive oil theft

Nigeria has appealed to foreign governments to help crack down on crude oil theft, the oil minister said Tuesday of…

BMW recalls 750,000 cars worldwide

German luxury car maker BMW is recalling about 750,000 cars worldwide over potential electrical problems, a spokesman said on Tuesday…

TVC To Launch 24-Hour News Channel

On 28 February,  Continental Broadcasting Services, CBS, will launch the first ever pan-African 24-hour news channel, TVC News. The new…

Bandits steal $50m diamonds at Brussels airport

Heavily armed robbers made off with $50 million worth of diamonds in a massive heist at Brussels airport, the global…

Nigeria’s oil exports hit by US output, minister admits

Nigeria’s oil minister, Diezani Alison Madueke said on Tuesday that a boost in US oil and gas production had begun…

Court orders compensation for Capital Oil Boss

Henry Ojelu A Nigerian Federal High Court sitting in Lagos, today ordered the Inspector General of Police, Mohammed Abubakar, Access…
LAWMA re-opens Ladipo, Oyingbo, Alamutu Ologede and Ile-Epo markets, recently shut in Lagos over sanitation issues with a strong warning

Alaba Suru Traders Protest Threat of Market Closure

Traders of Suru-Alaba Market, located along Lagos-Badagry Express way, recently stormed Alausa, Lagos State’s seat of power to protest against…

Bridge Banks Intervention Yielding Fruits —Enterprise Bank MD

Managing Director Enterprise Bank, Mr Ahmed Kuru, has said Central Bank of Nigeria’s  policy of using ‘bridged banks’ to rescue…

MFB Boss Gives Tips On How To Secure Loans

The Managing Director/Chief Executive Officer, Bosak Microfinance Bank, MFB, Mr. Kola Bello, has said that one of the ways small…

Bridgestone reports soaring annual profit

Tyre maker Bridgestone said Monday its net profit last year soared 67 percent to $1.83 billion as it cemented a…

Ghana cuts fuel subsidy over deficit fears

Fuel prices in Ghana will rise by up to 20 percent after the government announced Sunday that it would cut…

Concerns over rot In Nigeria’s oil sector ahead of confab

Major oil industry executives will gather in Abuja, Nigeria’s capital for an annual conference on 18 February. The conference will…

Nigeria attracts $6b investment in Onne Free Trade Zone

Nigeria’s Federal Government said on Saturday that investments at the oil and gas free trade zone in Onne, Rivers, had…

Indorama plans Africa’s biggest fertilizer plant in Nigeria

The management of Indorama Eleme Petrochemicals Limited said on Friday that it had concluded plans for the construction of Africa’s…
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