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Business

Arik Air, Lufthansa Technik seal partnership

Simon Ateba Arik Air and world renowned aircraft maintenance service provider, Lufthansa Technik of Germany, have sealed a new partnership…

Pirates strike again in Nigerian waters, hijack oil tanker

Pirates have hijacked a Singapore-owned oil tanker in Nigerian waters, the third attack in just over two weeks in the…

Jimoh Ibrahim shuts down Air Nigeria

Simon Ateba Billionaire businessman, Barrister Jimoh Ibrahim, has shut down all Air Nigeria flight operations nationwide effective from Monday. Ibrahim…

FG insists on super Naira note

Despite the fierce opposition to it from nearly all segments of the Nigerian society, the Federal said on Tuesday that…

Fuel scarcity spreads

Long queues have been reported at filling stations in many states of Nigeria as fuel scarcity spreads, even as the…

MTN Introduces Security Number For Subscribers

In an effort to protect the over 40 million subscribers on its network against mobile fraud, MTN says it has…

SON Destroys N2b Substandard Goods

The Director-General of Standard Organisation of Nigeria (SON), Dr Joseph Odumodu, says his agency has, so far, destroyed sub-standard products such as…

Nigeria Becomes Longest Market For Guinness Globally

Guinness Nigeria Plc, a leading brewing company and subsidiary of Diageo Plc, has become the number one market for the…

Elcomserve Unveils First Message Beep

Elcomserve Nigeria, a 21st century network of professional security, telecommunication and fire protection consultants and engineers, has launched Nigeria’s first…

Olympic Milk Powers Community Games

All is set for the kick-off of the maiden edition of the Community Games powered by Olympic Milk from the…

UK retailers gained nothing from Olympics

The London 2012 Olympic Games failed to lift the British retailers, who suffered last month as Britons stayed at home…

Petrol scarcity: NNPC warns against panic buying

As long queues for fuel resurfaced in the Nigerian capital of Abuja, the management of NNPC said it has 30…

Shell announces completion of block sale in Nigeria

Shell said Monday it has completed the sale of its share of an onshore oil block in Nigeria’s Niger Delta…

Shell shuts leaking pipeline

A Shell pipeline taking crude oil to a processing station in Nigeria’s Rivers state was closed after a leak was…

Shell Sells Oil Block For $102m

Shell said Monday it has completed the sale of its share of an onshore oil block in southern Nigeria to…
Sanusi Lamido

Controversy Over The Big Note

The move to restructure Nigeria currency with the introduction of a N5000 bill elicits mixed reactions  Even with his penchant…

Lottery can earn N360billion for Nigeria

Nigeria has the potential to earn at least N360 billion from lottery per annum, Director -General of the National Lottery…

Lottery body stops unsolicited lottery SMS

The Nigerian Lottery Regulatory Commission (NLRC) has directed the stoppage of unsolicited lottery text messages on cell phones, its Director-General,…

Villagers in Katsina count losses as diseases kill animals

Farmers in Majen Gobir village, Rimi Local council area of Nigeria’s Katsina state are counting their losses as an outbreak…

Jonathan to launch YOUWIN! 2 for ladies

President Goodluck Jonathan will on Monday, launch the second edition of the Youth Enterprise with Innovation (YOUWIN!), a Federal Ministry…

NBA slams CBN over N5,000 currency

Nnamdi Felix / Abuja The Nigerian Bar Association, NBA, on Friday slammed the Central Bank of Nigeria, CBN, over the…

Chelsea’s Abramovich scores a goal in court

Russian billionaire Roman Abramovich, the owner of Chelsea football club, won his bitter legal battle with fellow oligarch Boris Berezovsky…

Fuel Scarcity Looms In Benin

Petroleum products consumers in Benin City could be in for another round of fuel scarcity as the Nigerian National Petroleum…

Nigeria, China Parley On Research

Nigeria and China have flagged-off a 10-day joint marine research cruise to further strengthen their bilateral relations for the development…

Maritime Stakeholders Plan Legal Action Over Charges

Port users have bemoaned the current shipping charges at the gateways, vowing to seek legal redress against port concessionaires and…

UK Firm To Build N500m Bulb Factory In Nigeria

A United Kingdom-based company, Dyode Limited, has said that it plans to  build a N500million factory in Nigeria for the…

Cyberspace Shopping Site, Egole Partners With 15 Offshore Firms

Nigeria’s premiere cyberspace shopping site, Egole, owned by Courteville Business Solutions Plc, says it has entered into partnership with 15…

Cherie Blair Foundation, MTN, Nokia Empower Nigerian Businesswomen

The Cherie Blair Foundation for Women (CBFW), in partnership with Nokia West Africa and MTN, has strengthened the capacity of…

APM Terminals Ends Congestion At Apapa Port

The Managing Director of APM Terminals Limited, Apapa,  Mr. Dallas Hampton, has said that in spite of record container volumes…

Togo pirates free tanker after theft of 3.8m litres of oil

Pirates in Togo have released a tanker with 24 Russian crew on board after siphoning off 3,000 tonnes, about 3.8million…
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