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JOBS: Movie on Apple’s Jobs set for April debut

The first film based on the life of legendary Apple co-founder Steve Jobs will be released in April, according to…

N1.5b scam: Bank Manager, Lagos Speaker’s aide arrested

Nigeria’s Economic and Financial Crimes Commission has arrested a former manager with Intercontinental Bank Plc( now Access Bank), Mr. Olayinka…

Lower rates likely by micro-finance lenders

Some operators of Nigeria’s microfinance banks on have expressed optimism that lending rates in the sub-sector would drop in 2013…

Cement stocks fall, breweries gain in Nigeria

The market indices of the Nigerian Stock Exchange depreciated by 0.21 per cent on Thursday due to price losses by…

Nigeria set to buy planes for domestic airlines

The Federal Airports Authority of Nigeria (FAAN) has announced government’s plan to buy 30 aircraft as part of its plans…

Dana Air Back In The Skies Friday

Simon Ateba/Aviation correspondent Six months after it was grounded by the Nigerian government following the 3 June plane crash in…

Nigeria’s stock market cap hits N9trillion

Nigeria’s Stock Exchange continued its upward trend in the first day of 2013, just like it ended 2012. The market…

Nigeria promises 7,000mw in 2013

Nigeria’s Federal Government has promised to add this year an additional 2,500mw in power generation to the record 4,502 megawatts…

China’s manufacturing expands

China’s manufacturing activity surged to a 19-month high in December, British bank HSBC said Monday, adding to signs of recovery…

NNPC: Fuel price remains N97 in Nigeria

Nigeria’s Federal Government will not increase the pump price of petrol in January, the Acting Group General Manager, Public Affairs…

Congo launches first Africa-designed smartphone

A Congolese inventor has unveiled what he says is the first African-designed smartphone. It went on sale on 27 December…

Wither Nigeria if Globalization reverses?

Nigeria remains a mono-cultural economy, 90 per cent dependent on oil money, despite all the talks over five decades to…

Apple, Samsung reach a deal on patent war

Apple has agreed to drop its patent claims against Samsung’s Galaxy S III Mini after the South Korean rival said…

AIB Chief: How Dana Flight Recorder Was Lost

The Flight Data Recorder (FDR) of the crashed Dana plane was consumed by the post accident fire, which lasted for…

Mutual Benefit Posts N10b Income

The Chairman of Nigeria’s Mutual Benefits Assurance Group, Mr Chamberlain Oyibo, on Thursday said the group recorded N10.1 billion gross…

Oyegun warns on killing Nigeria’s oil industry bill

JETHRO IBILEKE/Benin Former Governor of Nigeria’s Edo state, Chief John Odigie Oyegun has warned that Nigeria’s unity is threatened by…

Facilities dysfunctional at Nigeria’s Airport after makeover

Simon Ateba/Aviation correspondent Two months after it was commissioned by Nigeria’s Minister of Aviation, Princess Stella Oduah, the Murtala Muhammed…

New Gold, Dangote Cement gain, market cap rises

Market capitalization on the Nigerian Stock Exchange (NSE) appreciated the first day of trading after the holidays, as some blue…

JTF Destroys Illegal Products, Arrest Police ASP

Joint Task Force (JTF), Operation Pulo Shield, Sector 3 of the 13 Brigade Nigerian Army, on Wednesday destroyed 10,000 drums…

Elikia: A smartphone designed in Congo

A Congolese designed smartphone, but made in China has started selling in Congo at a price of $171. Called Elikia,…

Nigeria’s troubled airline sends workers on leave

Simon Ateba/Aviation correspondent Only weeks after receiving a new Air Operators’ Certificate, AOC, the management of Dana Air has sent…

Long fuel queues in Lagos, Abuja

Nigeria’s persistent fuel scarcity has marred Christmas festivities in Abuja and Lagos. Many filling stations in Abuja had no fuel…

China launches world’s longest bullet train service

China launched service Wednesday on the world’s longest high-speed rail route, the latest milestone in the country’s rapid and —…

Dark Christmas in Ibadan

It was a dark Christmas for residents of Nigeria’s city of Ibadan, as there was electricity outage in many areas.…

NNPC earmarks N152b for refinery repairs

Repair works on Nigeria’s three refineries in Port Harcourt and Warri would gulp N152billion in 2013. The Punch reports that…

4 sailors captured in Nigerian waters

A few days after Nigerian kidnappers freed 5 workers of the Hyundai Heavy Industries in Bayelsa state, pirates have attacked…

Nigeria’s power output reaches new peak

The Transmission Company of Nigeria (TCN) said that electricity generation in the country had reached 4,500 megawatts. A statement signed…

Suicide bombing: MTN Shuts Kano, Kaduna Offices

Telecom network, MTN Nigeria has announced it is shutting its offices in Kano and Kaduna, hours after suspected Boko Haram…

Nigeria needs $3.2billion to pay PHCN workers

Nigeria’s Federal government needs about N500 billion, more than $3billion to pay the full entitlements of electricity workers, to be…

Fresh oil spill reported in Akwa Ibom

The Ibeno people, in Nigeria’s Akwa Ibom state and hosts to Mobil Producing Nigeria (MPN) have reported a fresh oil…
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