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Business

Court Order May Ground Hitv

Come 15 July this year, the operations and activities of Hitv may be grounded as Musical Copy Right Society of…

Bank Dragged To Court Over Excessive Charges

A Lagos businessman, Mr. Peter Awurumibe and his company, Pabe Oil and Gas Limited, have slammed a N481,455,817.70 suit on…

Dangote Sugar Nets N13.186b Profit, Offers N1.00 Dividend

The board of Dangote Sugar Refinery Plc, last week, presented its audited result for the year ended December 31, 2009,…

Dangote Sugar Nets N13.186b Profit, Offers N1.00 Dividend

The board of Dangote Sugar Refinery Plc, last week, presented its audited result for the year ended December 31, 2009,…

We’ve Reduced Bad Loans By N21b —Wema Bank

Wema Bank says it has reduced its bad loans by N21 billion. Tunde Olofintila, the bank’s Head, Corporate Communications, made…

Glo To Give Out 30 Cars, 90 Okadas In 30 Days

Nigeria’s  national carrier, Globacom has rolled out a new subscriber-reward scheme aimed at doling out prizes worth over N70 million…

Port Operator Highlights Obstacles To Port Operations

A maritime operator and public commentator, Prince (Dr.) Olusegun Ologbese, has identified obstacles to effective port operations in the country.…

Petroleum Dealer Engages Business Partner In Legal Battle

A Lagos businessman, Alhaji Safiriyu Adebanjo Kazeem, whose petroleum business has been in a state of coma due to the…

Automobile Company Slams N299m Suit On Nigeria Customs

An automobile company, Conquest Authentic Motors Nigeria Limited has slammed N299 million on Nigeria Customs Service and the Comptroller General…
Court orders final forfeiture of $16,500 and N127m fraudulently diverted from the Nigerian Maritime Administration and Safety Agency, NIMASA.

We Have Nothing To Hide —NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA) has attempted to douse the growing concern among agitated ship owners over…

Sanusi Offers 5 Banks For Sale; Bank PHB, Union, Oceanic Listed

Nigerian Central Bank Governor Lamido Sanusi said he expects three international lenders, a number of private equity houses and local…

Glo Crashes Prepaid BlackBerry Tariff

Globacom has reaffirmed its leadership in the Blackberry market with the introduction of BlackBerry U, a new package that offers…

Why Govt Must Invest In Shipping

Mr. Isaac Morakinyo Jolapamo, the Chairman, ndigenious Ship Owners Association  of Nigeria (ISAN)  and also Morlap Group Of Companies, in…

Loan Palaver: Oil Company Battles Bank PHB

An oil company, Fymak Marine Oil Services Nigeria Limited, which was advertised to be wound up as a result of…

Fan Milk Partners NYSC ON HIV/AIDS Campaign

At the recently held NYSC Peer Education Trainers’ (PETs) Anti-AIDS Club magazine launch and Awards Day, Nigeria’s foremost frozen dairy…