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SON Destroys Fake Spare Parts

The Standards Organisation of Nigeria (SON) on Tuesday in Nnewi, Anambra, destroyed imported fake motorcycle spare parts valued at more…

Islamic Banking’ll Bring Down Lending Rates –Maritime Expert

Dr. Boniface Aniebonam, Patron, National Association of Government Approved Freight Forwarders (NAGAFF), said on Tuesday in Lagos that Islamic banking…

Nigerian Multi-Link Cost Telkom R7bn

South African Communications Minister Roy Padayachie says that Telkom’s failed Multi-Link transaction in Nigeria has cost the company over R7…

Glo drops international call rate to N9

Leading operator Globacom has announced the reduction of its International Direct Dialing (IDD) rate to N9 a minute, the most…

Air Nigeria set to launch flights to Sao Tome & Principe

Air Nigeria is set to launch flight operations to Sao Tome via Douala and Libreville, in continuation of its regional…

NCC Bars Starcomms, MTN From Promo

The Nigerian Communications Commission, NCC, has refused to grant MTN approval to embark on a sales promotion to celebrate the…

Sony Enters Internet TV

As the world seeks innovative ways to match the rapid change in entertainment, leading global electronic giant, Sony Gulf, has…

StarTimes Introduces Convenient Recharge System

In an effort to ensure that its subscribers pay their monthly subscription with ease, the management of NTA-STAR TV Network…

VW’s First-Half Sales Exceed 4m Cars

Volkswagen AG (VOW), Europe’s largest automaker, said global first-half deliveries exceeded 4 million cars and sport-utility vehicles for the first time,…

Toyota Unmasks Hilux

Fierce competition within the pick-up segment of the auto industry in Nigeria is gearing up and brands are not leaving…

Hyundai Nigeria Reaffirms Commitment To Aftersales Service

Hyundai Motors Nigeria Limited, authorised distributors of Hyundai cars and light trucks has restated its commitment to speedy and efficient…

UBA 25,000 Minimum Account Balance: Consumers Take Protest To Facebook, Blackberry

Following the planned introduction of N25,000 minimum account balance by the United Bank for Africa, some consumers have undertaken a…

Nigeria’s Ports To Become West, Central African Hub

The hope of Nigerian ports becoming the hub in the West and Central African sub-region may not be far after…

Nigeria, South Africa Trade Hits N43.5bn

Chief Oba Otudeko, Chairman of the Nigeria-South African Chamber of Commerce, says the value of trade between the two countries…

Over 2,000 Win First Bank Golden Promo

A total of 2,412 customers were rewarded by First Bank of Nigeria Plc (FirstBank) following the end of its Golden…

NNPC To Commence Direct Sale Of Kerosene To Consumers

The Nigerian National Petroleum Corporation, NNPC, is set to begin the direct distribution of kerosene to households in the country.…

We Are Being Under-Supplied Kerosene – Marketers

Some major and independent marketers have alleged that the NNPC, and Pipelines and Products Marketing Company (PPMC) are under-supplying them…

Nigerians To Pay More For Darkness As PHCN Hikes Tariff Today

With effect from today, electricity power consumers will pay more for the erratic power supply offered them by the Power…

Electricity Consumers To Pay More From July 1

Despite the epileptic power supply in the country, the Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity…

NBC Assures Customers Of Products Safety

The Nigerian Bottling Company Plc has assured its numerous customers across the country of the safety of its products in…

3 Months To CBN Deadline: Union Bank Shops For N282b

Barely three months to the 30 September deadline set by the Central Bank of Nigeria, CBN, for the eight banks…

NCS Reduces Bottlenecks In Cargo Clearance

As part of efforts to resolve the recurring bottlenecks in the clearing and dispatch of goods at the ports, the Comptroller General…

Nigeria’s Offshore Drilling Coy Achieves World Renown, Recognition

Nigeria’s foremost indigenous offshore drilling company, SeaWolf Oilfields, last Thursday surmounted a world class technical feat and thereby achieved the…

Operators Caution CRFFN On Collection Of Cargo Dues

The Sub-Regional Coordinator and Secretary of the Association of Ship and Cargo Agents for West Africa Maritime Trade (ASCA), Dr.…

Coca-Cola ‘Mystery Shoppers’ Hit Lagos

Coca-Cola Nigeria has reignited the Mystery Shopper campaign activation as part of its 125 years celebrations which was held recently.…

Intercontinental Bank Recapitalisation On Course -GMD

Following yesterday’s vacation of the High Court’s injunction on the Memorandum of Understanding (MOU) between Access Bank and Intercontinental Bank…

Prices Of Chicken, Eggs To Rise

Poultry dealers in South West Nigeria have raised an alarm over astronomical increase in the prices of poultry feeds and…

NCC Sanctions GLO Over New SIM Cards, Tower Installation

For failing to comply with the ban on sale of fully activated new SIM cards and guidelines on technical specification…

Shoprite Repositions With e-Commerce Exchange

Shoprite supermarket, Africa’s leading retail brand, has introduced electronic commerce exchange otherwise called e-commerce exchange system into its operations for…

Nigeria To Become Islamic Banking Hub In Africa — CBN

The Central Bank Governor, Malam Sanusi Lamido Sanusi says Nigeria has the potential to become Africa’s Islamic banking hub. He…
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