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After the messy oil spill, Mobil begins clean up

Mobil Producing Nigeria (MPN) on Monday began the clean-up of Ibeno coastline contaminated by an oil spill reported on 13…

Nigeria lists rogue oil companies

Nigeria’s Federal Ministry of Finance on Friday published the 21 firms being investigated under the fuel subsidy regime. A statement…

NIMASA Boss Worries Over Arms Import

The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Ziakede Akpobolokemi, has raised alarm over the proliferation of arms…

Apapa Customs Rakes N139bn In 6 Months

The Apapa Area 1 Command of the Nigeria Customs Service (NCS) has increased its revenue generation capacity as it raked…

P.M.NEWS launches mobile edition

Pmnewsnigeria.com has launched a mobile version of its online news content delivery, its management said Friday. The mobile delivery has…

Port Congestion Looms As Truckers Threaten Strike

Truckers operating at the seaports have condemned the new Lagos State Traffic Law which restricts the movement of trucks in…

Air Force Blames Changes At NIMASA For Failed MOU

Frequent changes in the leadership at the nation’s apex maritime regulatory body, the Nigerian Maritime Administration and Safety Agency (NIMASA)…

Nutricima Seeks To Lead N20Bn Yoghurt Market

Nutricima Limited has declared its resolve to take the leadership of the market for ready to drink yoghurt, as it…

CNBC AABLA Honours Interswitch CEO

All African Business Leaders Awards (AABLA) has awarded the Managing Director of Interswitch, Mr. Mitchell Elegbe, the 2012 West Africa…

Nigeria’s urban inflation worsens

Nigeria’s urban inflation rate worsened in July, according to the latest figures given by Dr Yemi Kale, the Statistician-General of…

Oil spill found as Shell shuts flow station

Shell said Thursday it had shut down an oil processing facility in southern Nigeria over a pump failure, but denied…

Nigeria’s oil minister allays fears over fuel scarcity

As queues builds up in petrol stations in some parts of the country, Mrs. Dieziani Alison-Madueke, the Minister of Petroleum…

PHCN Owes NNPC N26bn For Gas Supply

The Power Holding Company of Nigeria (PHCN) owes the Nigerian Gas Company (NGC) and other gas operators N26 billion for…

Honda Odyssey Returns

When Honda Motor Company recently went back to the drawing board to modify the Odyssey for the 2012 model year,…

Mercedes Benz CLS Comes To Town

A new wonder on wheels from the Mercedes Benz factory is on its way to Nigeria preparatory for unveiling. The…

Nigeria’s Car Import Rise By 15%

New car imports into Nigeria rose 15 percent in the first half of 2012, compared with the same period last…

Not A Venza Affair

The teeming Toyota enthusiasts wishing to own the Venza through Toyota’s authorised dealers in Nigeria, surely would not be happy…

Nigeria hits record 4,477.7 megawatts

Nigeria’s electricity production has hit a record peak of 4,477.7 megawatts, according to Professor Bart Nnaji, the power minister. In…

British city launches own currency

As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep…

Nigeria says strike by oil marketers blackmail

Oil marketers indicted in the Aig-Imokhuede report on fuel subsidy payments are behind the planned nationwide strike, the Federal Government…

Asbestos found in China-made cars

Some 23,000 cheap Chinese-made cars were Wednesday recalled in Australia after asbestos was found in their engines, with unions demanding…

Chevron Denies Sack Of 1,000 Workers

Chevron Nigeria Limited  has denied it is about to sack an additional 1,000 of its contract workers barely one week…

Fuel queues resurface in Abuja

Few days to the Eid-el Fitri celebrations, fuel queues for petrol, long a familiar feature in bye gone years, have…

Samsung smartphones more popular than Apple’s

Samsung extended its lead over Apple in the smartphone market in the second quarter despite a slowing demand for mobile…

Airtel Empowers Nigerians In Top Management

Managing Director and Chief Executive Officer, Airtel Nigeria, Rajan Swaroop, has restated Airtel’s commitment to Nigeria and Nigerians as evidenced…

New Gold, NB plc gain in Monday trading

Equity transactions on the Nigerian Stock Exchange (NSE) re-opened on a positive note on Monday as investors showed renewed interest…

Exxon Mobil causes oil spill in Akwa Ibom

An oil spill has been detected along the coast of southern Nigerian state of Akwa Ibom, near operations for US…

FG denies deducting salaries of PHCN workers

Simon Ateba The Federal Government of Nigeria has denied claims that it had been deducting 25 percent salaries of PHCN…

Blue chips rally at Nigeria Stock Exchange

Activities on the Nigerian Stock Exchange (NSE) closed upbeat on Friday as shares of some highly capitalised companies recorded significant…

Pakistan cuts interest rate

This is a piece of news that should provide some food for thought for the Central Bank Governor of Nigeria,…
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