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Ford Ranger Wins Award

The new Ford Ranger has won the International Pick-Up Award 2013 as decided by a pan-European judging committee. In coming…

PAN Donates Ambulance To FRSC

In fulfillment of its corporate social responsibility, PAN Nigeria Limited has donated a brand new ambulance to the Federal Road…
Sanusi Lamido

Sanusi Faults Revocation of Lagos-Ibadan road Concession

Mallam Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria,CBN,has faulted the recent revocation of the concessioning contract of…

Nigeria sacks privatization agency boss

Ayorinde Oluokun/Abuja Bureau chief After surviving many calls for her sack, the Director General of the Bureau for Public Enterprises…

Nigeria: Oil workers picket Shell, Chevron offices

Oil workers picketed the offices of Shell and Chevron in Nigeria on Tuesday over plans to cut jobs and amid…

Questions Over Lagos-Ibadan Road Contract

On 19 November, the Federal Government terminated the concession contract for the Lagos-Ibadan Expressway granted to Bi-Courtney Consortium, in a…

Banks To Scrap N100 Charge On Use Of ATMs —ACAMB

The Association of Corporate Affairs Managers of Banks (ACAMB) has said that banks were not relenting in the bid to…

SON Raises Alarm Over Substandard Cylinders

The Standards Organisation of Nigeria (SON) has read the riot act to importers and manufacturers of Liquefied Petroleum Gas (LPG)…

MTN Launches Mobile TV On Data-Enabled Phones

Customers of MTN will soon be able to watch live TV on their data-enabled handsets, as the company rolls out…

Etisalat Seeks Exemption From Ban On Promos, Lotteries

Etisalat Nigeria says it ought to be exempted from the blanket ban on promos and lotteries run by telecom operators…

NBC Unveils ‘EKO 2012’ Branded Coca-Cola Bottles

Nigerian Bottling Company Limited (NBC), bottlers of products of The Coca-Cola Company in Nigeria, has reaffirmed its commitment to the …

Marriott Hotel Berths In Lagos

Quantum Capital, chaired by the former Managing Director of Zenith Bank Plc, Mr. Jim Ovia, has concluded arrangements to bring…

FG, Embraer discuss re-fleeting Nigeria’s domestic airlines

Simon Ateba/Aviation correspondent Nigeria’s Federal government said on Monday it has begun talks with Embraer, world’s major aircraft manufacturer based…

Union protests sack of 4,000 workers at Chevron

Oluremilekun Osobu-Asubiojo Chevron Nigeria Limited, CNL,has sacked about 4,000 workers without pension and gratuity. The President of National Union of…

Subsidy Fraud: Charge against Ahmadu Ali’s son amended

Henry Ojelu& Olamide Abdul The Economic and Financial Crimes Commission (EFCC) today re-arraigned Mamman Ali, son of former Peoples Democratic…

US, EU crackdown on counterfeit websites

US and European authorities said Monday they seized 132 websites in a transatlantic law enforcement crackdown on online sellers of…

Microfinance Money Market Operation Begins 2013

The National Association of Microfinance Banks (NAMB) says that the proposed Microfinance Money Market Operation (MMMO) will become operational by…

Ribadu oil report stirs controversy, denials

A probe alleging Nigeria has lost out on tens of billions of dollars in recent years through questionable practices in…

109 killed as fire tears through garment factory

Rescue workers in Ashulia, Bangladesh recovered 109 bodies on Sunday after a fire tore through a garment factory, forcing many…

Analysis: Nigeria to lose oil market, revenue by 2014

By Emeka Chiakwelu Since the 1973 oil embargo imposed on the United States by Arab oil producing nations, United States…

Dubai plans new ‘city’, world’s largest mall

Dubai, famed for its mega-projects before it was hit by the global financial crisis, on Saturday announced a new development…

D8 trade ministers to meet in Nigeria

Nigeria will host trade talks among the Developing Eight in February as part of efforts to increase business within member…

Lagos raises N80b bond for key projects

Kazeem Ugbodaga The Lagos State Government has signed financial deal raising N80 billion through Bond, with Chapel Hill Limited as…

Court overrules AMCON on Capital Oil’s Ubah

Nnamdi Felix / Abuja Asset Management Corporation of Nigeria, AMCON, on Thursday failed to stop a Federal High Court siting…

Nigeria seeks to strengthen ties with Pakistan

Nigeria’s President Goodluck Jonathan sought Wednesday to strengthen bilateral ties with Pakistan by “re-energising” the existing bi-national commission between the…

Exxon Mobil issues force majeure as pipeline shut

US oil giant ExxonMobil’s Nigerian subsidiary warned on Wednesday it may not meet production expectations following the shutdown of a…

How Ghanaian gambler threw away bank’s $2.3b

LONDON(AFP) – Kweku Adoboli, the UBS trader who gambled away $2.3 billion, painted himself as a model employee who fell…

Smartphones crush digital camera market

The soaring popularity of smartphones is crushing demand for point-and-shoot cameras, threatening the once-vibrant sector as firms scramble to hit…

Reps Fault Ministry On Budget Implementation

The House of Representatives Committee on Culture, Tourism and National Orientation in Abuja on Tuesday, faulted the Ministry of Culture…

Another Nigerian held with $320,000 at Lagos Airport

Another Nigerian has been arrested with $320,000 cash at the Murtala Muhammed Airport. The man, Onwuekwe Chidi was about to…
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