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BlackBerry extends mobile payments to Africa, starting with Nigeria

Blackberry Limited, the Canadian global mobile communications leader, has announced its intentions to extend its mobile payment option to Africa,…
MTN ‘Extremely Sorry’ Over Network Outage

MTN’s fine reduced to N780bn not N674bn – NCC

MTN has received a second letter from Nigerian Communications Commission (NCC) notifying the telecommunication outfit that its fine was reduced…

Conversion of N3.4b: Ex-NIMASA boss, 9 others arraigned

Akin kuponiyi Nigeria’s Economic and Financial Crimes Commission (EFCC) Thursday arraigned the former Director General of Nigeria Maritime Administration and…

Lagos to relocate illegal FESTAC markets

Kazeem Ugbodaga The Lagos State Government is to relocate markets along 1st, 2nd and 3rd gates in FESTAC to another…

Court adjourns KPMG suit against FRC till 7 Dec.

Akin kuponiyi Justice Ibrahim Buba presiding over a federal high court in Lagos, southwest Nigeria, Thursday adjourned till Monday,7 December,…

Clearing agent arrested for diverting client’s money

Cyriacus Izuekwe A clearing agent has been arrested and charged before a Magistrates’ Court for allegedly diverting his client’s N2.8m…

Remittance & Mobilemoney stakeholders meet over ‘lowering transaction cost’

More than 250 delegates from over 25 countries are expected for the 6th remittance and mobilemoney expo to be held…

Jumia dominated Black Friday Sales in Nigeria

Fatoumata Ba, Managing Director of Jumia Nigeria has disclosed the results of Black Friday Sales, saying the performance of African…

MTN CEO, Corporate Affairs manager in Nigeria resign

MTN Group South Africa has announced the resignation of MTN CEO in Nigeria, Michael Ikpoki and that of head of…
MTN ‘Extremely Sorry’ Over Network Outage

Nigeria slashes MTN fine to $3.4 billion

Nigerian telecoms authorities have reduced by a more than third a $5.2 billion fine imposed on South African mobile phone…

Africa is primed for economic growth – Tinubu

The National Leader of the All Progressives Congress (APC) and former Governor of Lagos State, Asiwaju Bola Tinubu, has said…
Market Capitalisation

NSE: Exit of foreign investors takes toll on trading

The All-Share Index of the Nigerian Stock Exchange (NSE) on Tuesday depreciated further by 0.26 per cent following the exit…

Etisalat Shines at SERAs Awards 2015

Henry Ojelu Nigeria most innovative, youth-friendly and customer-friendly telecommunications company, Etisalat, has been acknowledged again for its commitment to Corporate…

Samsung Nigeria named Best Company in Youth Focused CSR

Samsung Nigeria was named the Best Company in Youth Focused CSR (Corporate Social Responsibility) at the recently concluded (SERAS) Nigeria…

More millionaires emerge in Skye Bank’s “Reach For The Skye Millionaire” scheme

In line with its commitment to empower and delight its customers, Skye Bank Plc. has produced more millionaires in the…

Oil Theft: Okowa challenges Navy to check loss of revenue

Okafor Ofiebor/ Port Harcourt Following the economic woes facing Nigeria and the attendant financial crisis due to the dwindling revenue…
Godwin Emefiele, CBN Governo

Nigeria’s foreign reserves drop to $30.04bn – CBN

The Central Bank of Nigeria (CBN) said that the nation’s foreign reserves fell to 30.04 billion dollars as at November…

Osinbajo to inaugurate MSMEs summit

The Vice-President, Prof. Yemi Osinbajo, will set the ball rolling at the second annual Micro, Small and Medium Enterprises (MSMEs)…

IPMAN wants petroleum products loading decentralised from Lagos

The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Sunday, urged the Federal Government to decentralise loading of petroleum products…

U.S. Organizes a Global Boycott of Nigerian Crude

David O. Kuranga, Ph.D. Following Nigeria’s refusal to devalue its currency (the naira), in-line with IMF recommendations, crude oil traders…

FG to understudy Australian mining sector— Fayemi

The Federal Government would understudy the Australian mining sector in the bid to reposition the country’s solid mineral sector, Minister…

El-Rufai presents N166b budget for 2016

Femi Adi/Kaduna Kaduna State Governor, Mallam Nasir El-Rufai on Saturday presented the draft of 166 billion naira proposed budget to…

Ambode to attend Global African Investment Summit

Kazeem Ugbodaga In furtherance of his administration’s effort to boost foreign direct investment, Lagos State Governor, Mr. Akinwunmi Ambode will…

Group to FG: Ban importation of shoes

The National Association of Hides and Skin Dealers of Nigeria, has called on the Federal Government to ban importation of…

FG, States, LGs share N473.8bn for Oct

The Minister of Finance, Mrs Kemi Adeosun, on Friday said N473.8 billion was shared among the federal, states and local…

Lagos shuts Shoprite over breach of safety law

Kazeem Ugbodaga The Lagos State Safety Commission has shut the multi-billion multi-national shopping outlet, Shoprite located at the Ikeja Shopping…

Toyota leads global car sales in October, outsells VW in 4th month

Toyota Motor Corp. outsold Volkswagen AG for the fourth straight month in October to remain the world’s top-selling automaker so…

Vandals stole N50bn worth of petrol from single pipeline, says NNPC

Vandals stole nearly $250 million worth of petrol from a single pipeline in Nigeria in the first nine months of…

Gov. Okowa seeks approval for N3bn agric loan

Gov. Ifeanyi Okowa of Delta don Thursday sought permission of the State House of Assembly to obtain N3billion commercial agriculture…

Ambode woos Commonwealth investors to Lagos

Lagos State Governor, Mr. Akinwunmi Ambode, on Wednesday stepped up his government’s campaign for direct foreign investment in Lagos, by…
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