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Business

Okonjo-Iweala: My mom’s abductors wanted me to resign

Nigeria’s Minister of Finance, Dr. Ngozi Okonjo-Iweala said Monday that the kidnappers who held her mother hostage for five days…

The Cement Conundrum

Arbitrary import of cement threatens local production and employment. Already, the Dangote Cement plc management has suspended operations at its…

ECOWAS court slams Nigeria on Niger Delta neglect

The Community Court of Justice of Economic Community of West African States (ECOWAS) which sat at High court 15, Iyaganku,…

Volume declines, but market cap rises

Turnover of shares traded on the Nigerian Stock Exchange dropped by 235.6 million shares on Friday as investors exchanged 228.6…

Xmas Gift: Lagos stops tolling at second Lekki toll gate

Nigeria’s Lagos State Government and the Lekki Concession Company have jointly announced a deferment of the commencement of tolling at…

Babalakin Loses Bid To Stop Trial

Embattled Nigerian businessman and lawyer,Dr. Wale Babalakin, who is also the Chairman of Bi-Courtney Highway Services Limited, today lost his…

DStv, Gotv Launch VoxAfrica

DStv audiences in East, West and Central Africa received a wonderful festive season surprise as the dynamic Afro-centric TV channel,…

Dana Air insurers begin final settlement of $100,000

Simon Ateba/Aviation correspondent Insurers of Dana Air on Thursday commenced final payment of $70,000 compensation to each of the families…

Nigeria saves $9.6b oil revenue

The Federation Accounts Allocation Committee (FAAC) on Wednesday lodged N161.59 billion to the Excess Crude Account (ECA), bringing the new…

Nigeria recruits 180,000 farmers for rice

The Nigerian Government has registered 178,490 farmers to plant rice, the Minister of State for Agriculture and Rural Development, Alhaji…

Nigerian Court lifts order on Capital Oil

Nnamdi Felix / Abuja Nearly a month after a Federal High Court made an order freezing his accounts and granting…

Loya Milk Deal Thrills Don Jazzy

Celebrity music producer and newly appointed brand ambassador of Loya Milk, Don Jazzy says there is a strong synergy between…

DStv Launches VoxAfrica Channel

DStv has launched the much awaited  Afro-centric TV channel, VoxAfrica. The channel is available on the DStv Access, Family, Compact,…

FG Establishes 80 Agro-Input Centres

The Federal Government, under the Agricultural Transformation Agenda (ATA), has established a network of one-stop-shop agro-input centres to ensure the…

Etisalat Hosts Career Summit for Corps Members

In fulfilment of its commitment to youth development and empowerment, Etisalat, recently hosted the 2012 Batch C members of the…

Aero Confirms Takeover By AMCON

After months of denial, Nigeria’s second biggest airline, Aero Contractors, said on Tuesday morning that it has been taken over…

EFCC: $100m seized at Nigeria’s airports

Nigeria’s Chairman of the Economic and Financial crimes Commission, EFCC, Mr. Ibrahim Lamorde today said that no less than N15.5…

Obaro Ibru Is New Acting M.D Aero Contractors

Mr. Obaro Ibru is the new acting Managing Director of Aero Contractors, following the resignation of the Managing Director of…

Daunting Cargo Task

Port users express worries over night cargo clearance Almost a year after the commencement of a 24-hour operation at the…

Rewarding Industry

Pay-TV firm, MultiChoice Nigeria, celebrates young entrepreneurs driving its super-dealership initiative  When, in 2007, pay-TV company, MultiChoice Nigeria introduced its…

Lending Investors A Helping Hand

The Nigeria Stock Exchange introduces new value added services in its continuing efforts at building investor confidence and transforming the…

Impressive Zenith

Zenith Bank posts impressive performance in its just released third quarter report For Zenith Bank plc it is a roller…

Capital Oil: Reps Wade In

Ifeanyi Ubah, Chairman of Capital Oil & Gas Limited takes his case to the House of Representatives The House of…

Akin George, Aero MD bows out

Simon Ateba/Aviation correspondent Aero Contractors, Nigeria’s second biggest airline, announced on Sunday night that its Managing Director, Captain Akin George,…

Pension Fund soars to N2.45 trillion

Nigeria’s total pension fund contribution hit N2.45 trillion last year December, the Director-General of the National Pension Commission, Mr Muhammad…

Lagos-Kano passenger train service begins soon

The Managing Director of the Nigerian Railway Corporation (NRC), Mr Adeseyi Sijuwade, on Friday said that the Lagos to Kano…

Court Refuses Bail for Oil Marketer

Justice Adeniyi Onigbanjo of the Lagos High Court on Thursday December 6, 2012 refused to admit Oluwaseun Ogunbambo to bail…

Analogue Broadcasting Deadline: NTA Collaborates With Star Times

The Nigeria Television Authority (NTA) in collaboration with Star Times Digital Television Service, is set to take digital television network…

Nigeria saves N671b in oil subsidy claims

Nigeria’s Federal Government saved N671 billion in fuel subsidy claims within the past 10 months, following stringent measures adopted by…

Dangote shuts Nigerian cement plant over glut

Dangote Cement Plc has suspended production of cement at its four million metric tons per annum Gboko Plant, as a…
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