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Business

Diesel Power In A Better And Cleaner Mode

Motor-Supreme Global Limited, sole franchisees of Nulon fuel treatments in Nigeria,   recently introduced Nulon Diesel Injector Cleaner (DIC) into the…

Freight Forwarder Bags Award

A maritime newspaper, People’s Forum, has named Billy James Nigeria Limited as the most outstanding freight forwarding company in Nigeria…

ExxonMobil Resumes Oil Shipments After Nigeria Spill

US oil giant ExxonMobil said Wednesday it had resumed oil deliveries from Nigeria after cleaning up a spill from an…
Nigeria's airline, Aero Contractors, pegs fares for all routes within the country at N80, 000 for one-way trips for the Yuletide season.

On Aero’s Plan To Blacklist Passengers

Last week, Aero Contractors, the oldest indigenous carrier in the country, said that it will not hesitate to blacklist any…

P/H Port’ll Soon Regain Past Glory, Says NCS Boss

The Area Controller in charge of Port Harcourt Area 1 Command of the Nigeria Customs Service, Alhaji Ahmade Jamo, has…

Lagos Needs 257,000 Tons Of Fish Annually

Lagos State needs 257,000 Tons of fish annually in order to meet the World Health Organisation, WHO’s recommendation of 15kg/caput…

Bank PHB To Take Over Vono

A foremost Nigerian mattress and bed materials manufacturing company, Vono Nigeria Plc, may be liquidated any time from now as…

Online To Claim Biggest Piece Of Media Pie By 2014

Online is set to become the largest media sector in terms of ad spend by 2014, hitting $3.9bn, according to…

Trial Of Bank PHB’s Managing Director To Start Afresh

There is no reprieve yet for the former managing director/chief executive officer of Platinum Habib Bank (Bank PHB Plc), Mr.…

FCMB Gets Shareholders’ Nod For IFC’s $170m Investment

Plans by the International Finance Corporation to invest $170 million in FCMB Plc has been approved by the shareholders of…

ZAIN: When Will The Name Change Stop?

The company started as Econet Wireless Nigeria in 2001 then changed to Vodacom Nigeria in 2004.  The same year it…

Labour, MAN, Hail Release Of N30b Grant

The national body of textile workers union and the Manufacturers Association of Nigeria (MAN) have commended the Federal Government for…

Petroleum Minister Alison-Madueke Says PIB Will Change Oil Industry

Nigeria oil and gas industry was the focus of global attention last night on the special CNN Business Half Hour-…

Current Banking Reforms Inevitable –Sanusi

The Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi, said in Benin that the current banking reforms were…

Customer Slams N15 Billion Suit On Afribank

A businessman, Mr. Cletus Ibeto and his company, IBG Investment Company Limited, have slammed N15 billion suit on Afribank Nigeria…

Receiver Manager Takes Over Frezone Plant Fabrication Company

A Federal High Court sitting in Lagos, while granting leave to a Lagos-based lawyer, Barrister Akin Adesomoju, appointed by Intercontinental…

NAFDAC Shuts ‘Pure Water’ Factory

In a move to improve on previous efforts aimed at ensuring proper hygiene in the production of packaged drinking water…

Consumers Decry Inadequate Information On Sim Card Registration

Consumers have decried the inadequate information on the ongoing Sim card registration across the country. Some consumers who spoke with…

Uba, Capital Oil Boss Faces Trial Over N4b Dud Cheque

A four count criminal charge of obtaining by false pretence and issuing of dud cheque has been filed against a…

Glo 1 To Offer Most Guaranteed Customer Solutions

Globacom says its new Glo 1 submarine cable will offer customers the most guaranteed solutions to their business needs. The…

Sharp Practices Abound In Auto Insurance Firms – Odiboh

Managing Consultant, Newsletters Limited, Dr. Oscar Odiboh, a player in the auto industry, has called on relevant government agencies to…

Marine Coy Dragged To Court Over Unpaid Loan

A limited liability company, Marine Deepwater Limited, has run into troubled waters as Guaranty Trust Bank through its solicitor Mr.…

Nigeria’s Bank PHB Posts Big Loss, First Bank Profit Jumps

LAGOS: Nigeria’s Bank PHB has reported a full year 2009 pre-tax loss of 488 billion naira ($3.25 billion) compared to…

Lagos Cooperative Societies Hit N500b Capital Base

The capital base of cooperative societies in Lagos State has hit N500 billion, said the Commissioner for Agriculture and Cooperatives,…

China To Build $8b Refinery In Nigeria

It will be the first of three refineries under a deal signed in May between Nigeria’s state oil company, NNPC,…

NIMASA DG Assures Of Quality Service

The Director-General and Chief Executive Officer of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has assured stakeholders…

Glo Wins Licence In Gambia, 6th In Africa

Africa’s telecommunication giant, Globacom, has received yet another boost in pursuit of its vision to be the biggest and best…

Aero Begins Web Mobile Ticketing

Aero Contractors airline this morning at the Murtala Muhammed Airport, Lagos, Nigeria, introduced the first web and sms ticketing service…

ICAN Conference To Buoy Up Nigeria’s Economy

The 2010 Eastern Districts Conference of the Institute of Chartered Accountants of Nigeria, ICAN, will be focusing on the banking…

Blame PENCOM For Workers’ Woes—IBTC

Stanbic IBTC Pension Managers, a Pension Fund Administrator (PFA), has blamed the National Pensions Commission (PENCOM) for the non-remittance of…