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Business

Arik Air commences flights from Nigeria to Gabon

Arik Air on Friday introduced a new flight service between Nigeria and Gabon as part of the airline’s expansion programme…

Control influx of substandard IT products, NCS tells FG

The Nigeria Computer Society (NCS) on Friday appealed to the Federal Government to help control the importation of substandard Information…

YABATECH to establish radio station, mortgage bank

The management of Yaba College of Technology (YABATECH) said on Thursday that it would establish a radio station, a mortgage…

How Nestle, local farmers used Africans for child slave labour

A lawsuit filed against the world’s largest food maker, Nestle, has revealed how the company connived with local farmers to…

Oil Price: A Golden opportunity for Nigeria to lead globally

David O. Kuranga, Ph.D. Even before sanctions on Iran are lifted, global oil prices have fallen to 30 dollars, with…

Senate to probe $40m loan to aviation industry

The Senate has mandated its committees on aviation and anti-corruption to commence investigation into alleged disbursement of 40 million dollars…

Expert commends FG’s decision to halt sale of dollars to BDCs

An economic expert, Prof. Uche Uwaleke, on Wednesday commended the Central Bank of Nigeria’s (CBN) plan to stop the sale…

NNPC wins Reuters 2015 Oil Deal award

For conceptualizing, structuring and delivering an oversubscribed deal in a challenging macro-economic environment, the Joint Finance Team of the Nigerian…

Skye Bank lights up Aba with Millionaire Reward Scheme

The peaceful town of Aba in Abia State will come alive on 21 January as it brings another opportunity for…

Oil & Gas: Okowa calls for strategic alliance to protect facilities

Okafor Ofiebor/Port Harcourt Senator Dr Ifeanyi Okowa, Governor of Delta State, has called for strategic alliance between host communities in…

Oil prices fall below $30 a barrel

US crude prices fell below $30 a barrel for the first time in 12 years on Tuesday as OPEC member…

Delta traditional rulers to earn 3% royalties from oil coys

Jethro Ibileke/Warri Modalities have been put in place for the disbursement of three per cent oil mining lease (OML 30)…

Dealers move to prevent sale of unwholesome goods in Lagos markets

Kazeem Ugbodaga The Perishable Goods Dealers and Sellers Association of Lagos State has moved to checkmate the influx of unwholesome…
MTN ‘Extremely Sorry’ Over Network Outage

Court bars FG from freezing MTN bank accounts

Henry Ojelu A Federal High Court in Lagos on Tuesday turned down an application of mareva injunction seeking to bar…

UAE counters Kachikwu, says no need for OPEC emergency meeting

The United Arab Emirates moved to quash talk of a potential emergency meeting of the Organization of the Petroleum Exporting…
Market Capitalisation

Investors lose N555 billion at Lagos bourse in 7 days

It is certainly not the best of times for Nigeria’s stock market players as they watch the value of their…
Godwin Emefiele, CBN Governo

New low for naira, now N282 to a dollar

The naira hit a record low of 282 naira per dollar on the unofficial market on Monday after the central…
Being a single mom is heck of a job-Teebillz lauds ex-wife, Tiwa Savage

Tiwa Savage inks Pampers multi-million naira deal

Funsho Arogundade After an all week-long teasing of her fans with a coming big reveal on the social media, Mavin…

Nigeria-Cameroun submarine cable goes live

Ayorinde Oluokun/Abuja MainOne, a leading telecoms and network services provider in West Africa, has announced that the high capacity Nigerian-Cameroun…

US court rejects Nestle bid to throw out child slavery suit

The United States Supreme Court on Monday rejected a bid by Nestle SA, the world’s largest food maker, and two…
Godwin Emefiele, CBN Governo

CBN stops dollar sales to bureaux de change

The Central Bank of Nigeria (CBN) says it has discontinued the sale of foreign exchange (forex) to Bureau De Change…

Nigeria-Cameroon submarine cable system goes live

MainOne, a leading telecoms and network services provider in West Africa, has announced that the high capacity Nigerian-Cameroun Submarine Cable…

DMO to issue bonds worth N390b in Q1

The Debt Management Office says it plans to issue between N260 billion and N390 billion in a five, 10 and…

$14bn: CBN assures Dangote Group of FOREX support

The Central Bank of Nigeria (CBN) has said that it would assist the Dangote Group to access foreign exchange to…
Petrol price jumps to N520 per liter in Edo, Delta

Marketers in Imo blame petrol price hike on NNPC

Petroleum Product Marketers in Imo have blamed the hike in the pump price of petrol across the state on the…

NECA hails FG on removal of fuel subsidy

The Organised Private Sector, under the umbrella of Nigeria Employers’ Consultative Association (NECA), on Saturday commended the Federal Government for…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira strengthens against the dollar

The Naira on Friday hedged up slightly against the dollar at the parallel market amid calls for the apex bank…
Petrol price jumps to N520 per liter in Edo, Delta

Economist supports subsidy removal, disapproves VAT increment

An economist, Prof. Uche Uwaleke has advised against the recommendation by the Managing Director, International Monetary Fund (IMF), to increase…

Troubled MTN acquires Visafone

Telecommunications company, MTN Nigeria on Thursday said that it has completed the acquisition of Visafone, the only surviving Code Division…

Walmart Nigeria excites citizens

By Seun Bisuga Nigerians are visibly excited by the news that Walmart, an American multinational retail corporation that operates a…
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