Business

Court overrules AMCON on Capital Oil’s Ubah

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14 years ago

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

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14 years ago

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

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14 years ago

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

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14 years ago

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

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14 years ago

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

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14 years ago

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

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14 years ago

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

Glo launches super fast internet service

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14 years ago

Telecommunications giant, Globacom, on Tuesday introduced a new super-fast Internet service to address the challenges of internet usage in the…

SON Appoints 4 Firms For Certification Of Imported Goods

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14 years ago

The Standards Organisation of Nigeria (SON), has appointed four firms for accreditation of imported goods in line with the global…

Interswitch Rewards Verve Card Users

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14 years ago

In a bid to improve the cashless initiative embarked upon by the Central Bank of Nigeria, Interswitch, has kicked off…

Etisalat Wins NCC Award For Excellent Service

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14 years ago

Etisalat has received two awards from the industry regulator, the Nigerian Communications Commission (NCC). The awards are for excellent service…

Security Firm Unveils Integrity Solutions

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14 years ago

Nigeria’s leading indigenous security company, Halogen Security Company Limited, has unveiled an Integrity solutions package, which combines polygraph assessment or…

Consumer Council asks DSTV to do Pay-as-you-go

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14 years ago

Multichoice Nigeria Limited, the owners of the cable television, has been urged by the Consumer Protection Council to introduce pay-as-you-go…

Malaysia foils N1b Nigerian cocaine cocktail

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14 years ago

Cocaine cocktail put inside cans of coconut milk Malaysian narcotics agents have foiled a Nigerian syndicate’s bid to smuggle cocaine…

Nigeria needs to borrow $100b for 10 years, says official

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14 years ago

To fix its infrastructural gaps, Nigeria will need an annual investment of $10 billion for the next ten years, Abraham…

Oil subsidy scam: Suspect sent to Kirikiri Prison

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14 years ago

Justice Adebisi Akinlade of the Lagos High Court, Ikeja, has ordered a suspect in the ongoing trial over multiple oil…

Lagos-Ibadan Expressway: Nigeria sacks Bi-Courtney

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14 years ago

Jamiu Yisa and Ayorinde Oluokun Nigeria’s Federal government has terminated the contract concessioning the Lagos-Ibadan Expressway reconstructiona and maintenance to…

China buys up Nigeria’s oil industry

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14 years ago

China has increased its hold of Nigeria’s oil industry with its purchase today of Total’s 20 per cent stake in…

Bombardier eyes African aviation market

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14 years ago

Bombardier Commercial Aircraft will reinforce its commitment to the African airline industry with its attendance at the 44th Annual General…

Mast Installation: Lagos Threatens Telecom Operators

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14 years ago

The Lagos State Government has threatened to begin dismantling masts belonging to telecom operators as they refuse to comply with…

Incredible: Nigeria’s Customs men can’t operate scanners!

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14 years ago

Officers and men of the Nigeria Customs Service (NCS) are not fully equipped to operate and maintain very complex equipment…

Jonathan sets up panel to review Ribadu’s report

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14 years ago

Certainly, Nigeria’s government works in a byzantine way and the Jonathan government is working hard to seal its image as…

Honda Remakes Civic

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14 years ago

Just 18 months after the Civic’s 2012 model year redesign hit the market, Honda is launching a mid-cycle change for…

Qoros To Debut Sedan In Geneva

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14 years ago

Although successful at home, Chinese car companies have struggled to make inroads in export markets. Qoros hopes that will change…

Brabus Reveals New Styling For Mercedes Benz A Class

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14 years ago

Whenever Mercedes-Benz launches a new car it’s a safe bet that German tuning outfit Brabus will soon release several upgrade…

Toyota, Hyundai-Kia Fleet Sales Jump In October

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14 years ago

Toyota and Hyundai-Kia increased fleet sales sharply in October while Ford, General Motors and Nissan decreased theirs slightly. October fleet…

Atuche, ex-bank PHB boss charged again

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14 years ago

Akin Kuponiyi/Judiciary correspondent The former Managing Director of Bank PHB, Francis Atuche, and a former director of the bank, Charles…

FAAN man with $1.4m convicted, forfeits 25%

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14 years ago

A Nigerian Federal High Court sitting in Lagos and presided over by Justice Okechukwu Okeke on Wednesday, 14 November, 2012…

Jonathan Commends Globacom For Empowering Nigerian Youths

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14 years ago

Ex- International and former Stuttgart of Germany Striker, Jonathan Akpoborie, has commended telecommunications giants, Globacom for creating the Glo Soccer…

World’s oldest bank Monte dei Paschi reports Q3 loss

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14 years ago

MILAN (AFP) – Italy’s Banca Monte dei Paschi di Siena on Wednesday reported a loss of 47.4 million euros ($60.3…

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