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NIBSS, NIMC To Tackle e-Payment Fraud

The Nigerian Inter-Bank Settlement System (NIBSS) has stated its preparedness to tackle electronic payment  fraud as it is necessary to…

Brazil slaps $17.5m fine on Chevron for Rio spill

Brazilian authorities said Monday they were slapping a $17.5 million fine on US oil firm Chevron in connection with a…

NNPC boosts fuel supply to marketers

The Management of the Nigerian National Petroleum Corporation (NNPC) has said that it has taken measures to end the current…

12 petrol laden ships arrive as scarcity bites in Lagos

Scarcity of petrol has been reported in most parts of Lagos, as the Nigeria Ports Authority revealed the arrival of…

Nigerian Airlines In Emergency Landing

Nigeria’s aviation industry seems to be going through turbulence and all its four major airlines appear to be heading for…

NNPC Blames Distribution For Fuel Scarcity In Lagos

The Nigerian National Petroleum Corporation (NNPC), has attributed the cause of the ongoing fuel scarcity in Lagos and its environs…

Nigerians 4th biggest spenders in UK, says Guardian

On her twice-yearly visits to London from Nigeria, Victoria Appiah stocks up on everything she needs for the next six…

50 illegal refineries destroyed in Nigeria

   JETHRO IBILEKE, Benin Determined to rid the rid the Niger Delta region of all forms of criminality, men of…

Cocaine: Bolivia leader slams America

President Evo Morales of Bolivia lashed out at the United States Saturday, saying it had no right to label his…

South African police crackdown on striking miners

MARIKANA, South Africa (AFP) – South African police on Saturday fired rubber bullets at protesters and seized weapons from worker…

Oil theft: Arrested Ex-minister’s firm threatens to sue NIMASA

Integrated Oil and Gas Ltd, alleged to be involved in oil theft, has threatened to sue Nigerian Maritime Administration and…

Ecobank appoints 4 directors

Ecobank Transnational Incorporated has appointed four new members on its board of directors, according to a statement the bank’s head…

Oil company shut, ex-minister arrested over stolen products

The premises of Integrated Oil and Gas Limited in Apapa has been sealed up and the company’s owner, Captain Emmanuel…

New York leads in banning drinking of sugary drinks

New York on Thursday became the first city in the United States and the whole world to impose a limited…

Nigeria’s market cap crosses N8 trillion mark

Nigeria’s equities market consolidated yesterday’s bullish run by an encore performance today and simultaneously attained new heights and broke boundaries.…

Zuma vows to end mining strikes in South Africa

Thousands of miners protesting for huge pay hikes vowed Thursday to bring South Africa’s key mining sector to its knees…

FG plans to boost cocoa output

Nigeria’s Federal Government on Thursday announced plans to increase cocoa production as parts of its effort to restore the country’s…

25 Firms Take Over PHCN

There were indications that Nigeria’s Vice President, Namadi Sambo would today announce the firms that would take over the Power…

Smoother Amarok Flexes Muscles

It usually takes ages (and sometimes it never happens) for car manufacturers to actually listen to complaints from the public…

Rio Rattles Opposition

Korean car maker Kia is cleverly wriggling deeper into the hearts and wallets of the Nigerian motoring public with model…

Hyundai H1 Roars Again

Hyundai Nigeria is destined to ruffle a few opposition brand feathers with the introduction of its H1 six-seater which cleverly…

Hilux On The Offensive

Makers of spirited cars constantly strive to find the optimum balance between comfortable drive and dynamic handling while pickup-makers these…

PHCN to shame debtors

The Power Holding Company of Nigeria (PHCN) Plc will soon publish names of its debtors in the national dailies if…

Apple unveils bigger screen iphone 5

SAN FRANCISCO(AFP) – Apple on Wednesday introduced a new iPhone 5 with a bigger screen and slimmer body that analysts…

Dana Air begins staff retraining, recertification

Simon Ateba  Dana Air said on Wednesday it has begun a process of recertification by the Nigerian Civil Aviation Authority,…

Bankers Committee backs super N5000 note

Nigeria’s Bankers Committee on Tuesday endorsed the introduction of N5,000 note by the Central Bank of Nigeria (CBN), saying “it…

Lagos-Kano rail link to be restored soon

Nigeria’s Federal Government on Tuesday announced that the Lagos- Kano railway line would resume full operations in six weeks after…

Air Nigeria Passengers Abandoned In UK

Barrister Jimoh Ibrahim’s airline, Air Nigeria, has allegedly abandoned many Nigerian passengers in the United Kingdom, those abandoned told P.M.NEWS…

FirstBank Holds EGM

In compliance with a recent court order,  First Bank of Nigeria Plc will hold an Extra-Ordinary General Meeting (EGM) on…

Nigerian Banks Unreliable —Suru Group Boss

The Group Managing Director of Suru Group of  Companies, Mr. Edward Akinlade, has passed a vote of no confidence on…
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