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Business

Impact of Mark Zuckerberg’s visit to Nigeria

Tony Ogunlowo According to CNN Mark Zuckerberg has just made his first visit to ‘Sub-Sahara-Africa’ to witness the impact of…

Mortgage bank in trouble over diversion of consumers’ funds

The Consumer Protection Council (CPC) says it is investigating Resort Savings and Loans Ltd.(RSL) for alleged diversion of consumers’ funds.…

Poor Naira: Nigerian pilgrims cut down on spending

Many Nigerian pilgrims currently in Saudi Arabia for this year’s pilgrimage say they have cut down on their spending following…

Recession: SERAP asks Buhari to assist the poor

Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to President Muhammadu Buhari requesting him to “use your…

Train carrying 500 cows arrives Lagos

The Nigerian Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL) says train carrying about 500 cows which left Gusau on Thursday…

We served contravention notices before demolishing structures in Ikoyi-LASG

Kazeem Ugbodaga The Lagos State Government on Saturday said owners of the buildings demolished in Ikoyi were duly served with…
Oronsaye Report: Behold MDAs slated for merging, scrapping

NPA insists on dollar payment for port services

The Management of the Nigerian Ports Authority (NPA) on Friday insisted on dollarisation of transactions and urged terminal operators to…

Economic Crunch: Sokoto withdraws 39 students from UAE

Sokoto State Government has given approval for the transfer back home of its 39 students currently studying in various schools…

Police say 14 oil workers kidnapped in Rivers

The police in Rivers State have confirmed the abduction of 14 workers of Nestoil by gunmen in Port Harcourt. The…

What is President Buhari doing with the economy?

Garba Shehu LET me start by asking an important question: who wants to kill racy introspection? There is a cacophony…

Buhari impressed with Mark Zuckerberg’s simplicity

President Muhammadu Buhari on Friday, expressed admiration at the simplicity displayed by Mark Zuckerberg, co-founder of Facebook and the Chief…

Breaking: Facebook founder, Zuckerberg, rushes back to Nigeria, meets Buhari

Following criticisms that he did not meet any political leader during his two-day visit to Nigeria, Facebook founder, Mark Zuckerberg,…

Samsung stops Galaxy Note 7 phone sales after battery explosions

Samsung says it is suspending sales of its Galaxy Note 7 smartphone after finding batteries of some of the gadgets…

Forestry research institute identifies 120 indigenous species

The Forestry Research Institute of Nigeria (FRIN), Ibadan, said it had identified 120 indigenous species in 2016 that could foster…

NIWA urges investors to take advantage of dredged River Niger

The National Inland Waterways Authority (NIWA) has urged the private sector to take advantage of the dredged section of the…

I don’t have a twitter account – Finance Minister

The Minister of Finance, Mrs Kemi Adeosun, does not have any twitter account, her spokesperson, Mr Festus Akanbi, has said…

Why we suspended operations – FirstNation Airlines

FirstNation Airlines on Thursday announced the suspension of flight operations in the country to enable it to maintain its aircraft.…
Audu Ogbeh

Federal Govt reinstates 91 sacked cocoa research institute staff

GBENRO ADESINA/IBADAN The Federal Government has reinstated 91 staff of the Cocoa Research Institute, CRIN, unjustifiably sacked in 2004 by…

Breaking: Another airline, First Nation shuts down operations

The Nigerian Civil Aviation Authority (NCAA) has confirmed that the First Nation Airlines has shut down its operations in the…

Mark Zuckerberg’s visit gives Nigerian startups much-needed boost

Facebook founder Mark Zuckerberg’s visit to Nigeria, his first to sub-Saharan Africa, has put the country’s tech businesses firmly in…

Bloomberg: Dangote loses $5.4b

Bloomberg in its latest Billionaire Index reports that Africa’s richest man, Aliko Dangote has lost $ 5.4 billion in his…

Why Aero Airlines collapsed

David O. Kuranga The administration of President Buhari announced over a year ago that they plan to overhaul Nigeria’s aviation…
Nigeria's airline, Aero Contractors, pegs fares for all routes within the country at N80, 000 for one-way trips for the Yuletide season.

Aero Airline suspends operations

Aero Contractors Airline suspended all its scheduled services indefinitely from Thursday Sept. 1. The airline’s Chief Executive Officer, Mr Fola…

Cement price hits roof top

The prices of different brands of cement have increased astronomically leaving builders and home owners complaining seriously about the high…

You don’t need visa to visit Benin Republic – President Talon

Benin’s President Patrice Talon announced on a visit to Rwanda this week that Africans visiting his country will no longer…

Breaking: Nigeria’s economy officially goes into recession

Nigeria, one of Africa’s largest economies, has officially gone into recession. Second quarter figures showed a contraction of 2 percent,…

Nigeria, UK sign MoU on return of stolen assets

The Federal Government has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return…

Gains of Buhari’s trip to Kenya – Presidency

The Presidency has listed the gains of President Muhammadu Buhari’s participation in the just concluded Tokyo International Conference on African…

CBN issues licence to new International Money Transfer Operators

The Central Bank of Nigeria (CBN) has issued licence to more International Money Transfer Operators (IMTOs) to operate in Nigeria.…
Minister Abubakar Malami says President Buhari's administration has achieved significant success in its fight against corruption

Nigeria, UK sign MoU on stolen assets

Nigeria has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return of its…
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