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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…

NIA urges FG to stop taxes on claims in insurance sector

The Nigeria Insurers Association (NIA) has urged the Federal Government to stop taxes on claims in insurance industry. The Director-General…

Union Bank appoints Cyril Odu as new chairman

The Union Bank of Nigeria on Thursday announced the appointment of Mr Cyril Odu as its new chairman following the…

NCAA suspends 5 oil marketers from supplying aviation fuel

The Nigerian Civil Aviation Authority (NCAA), has directed five oil marketing companies to stop supplying aviation fuel, known as Jet…
Petrol price jumps to N520 per liter in Edo, Delta

DPR seals 6 petrol stations in Warri

The Department of Petroleum Resources (DPR), Warri Zonal Office, on Wednesday sealed six petrol stations in Warri and its environs…

AfDB signs N2.4bn loan deal with Nigeria’s LAPO Microfinance Bank

The African Development Bank Group (AfDB) has granted a N2.364 billion ($12 million) credit facility to Nigeria’s LAPO Microfinance Bank…

NNPC engages DSS, EFCC to curb hoarding of petroleum products

The Nigerian National Petroleum Corporation, (NNPC) has engaged the Department of State Services (DSS) and Economic and the Financial Crimes…

Kachikwu warns against sub-standard lubricants in oil sector

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has warned against the use of sub-standard lubricants in the…

DPR seals 39 filling stations in Kano

The Department of Petroleum Resources (DPR) in Kano said it has sealed 39 filling stations within the last two weeks…

Facebook, Jumia inspire Nigerian entrepreneurs with growth ideas

Facebook and Jumia Nigeria partnered to host the first ‘Boost Your Business’ event in Nigeria last Thursday (19 November) at…

Petrol now sold for N180 per litre in P/Harcourt, N300 at black market

Okafor Ofiebor/Port Harcourt Despite the threats by the Department of Petroleum Resources, DPR, to dispense petroleum products of any marketer…

Obadara opens new radio station

Abiodun Onafuye/Abeokuta A non serving Senator of the Federal Republic of Nigeria, Gbenga Obadara, who represented Ogun Central Senatorial District…

In Iran, Kachikwu analyses challenges facing global gas industry

The Minster of State for Petroleum Resources Dr Ibe Kachikwu has identified market volatility, increasing competition and price war as…

2 directors in trouble over dud cheques

Paul Iyoghojie Two directors of Adrog Cargo Handlers Limited in Lagos, western Nigeria, Ajayi Olusola, 44, and Aduroja Olawoyin, 41,…

Fine Looming? NCC says MTN, Globacom, Etisalat violate porting time

The Nigerian Communications Commission (NCC) on Saturday said that MTN Nigeria, Globacom and Etisalat violated the Mobile Number Portability (MNP)…

Petrol sells for N200 per litre in Umuahia

Some independent petroleum marketers in Umuahia are selling petrol for between N170 and N200 per litre even as the seeming…

2nd Nigerian Lubricants Summit starts Tuesday

All is set for the 2015 edition of the Nigerian Lubricants Summit scheduled for Tuesday, 24 November to Thursday, 26…

Buhari leads Nigeria’s delegation to gas forum in Tehran

President Muhammadu Buhari will depart Abuja Sunday for Tehran where he will participate in the 3rd Gas Exporting Countries’ Forum…

Wike sacks Rivers microfinance agency boss

Okafor Ofiebor/Port Harcourt Rivers State Governor, Nyesom Ezenwo, has fired Innocent Iyalla-Harry, the Managing Director, Rivers State Micro-Finance Agency and…

DStv unveils Hoolee, first pop-up children’s channel

MultiChoice and Turner Broadcasting will make African television history this festive season when families all over the continent will be…
Nigeria’s Solar Energy Future: A Strategic, Sustainable Investment

Manchok Community refutes energy firm’s environmental assessment report

Henry Ojelu Manchok community in Kaduna State has refuted claims by Quaint Global Energy Nigeria Ltd of conducting an environment…

Wema Bank gets approval to operate as national bank

Wema Bank on Thursday said it had been granted a national banking licence by the Central Bank of Nigeria (CBN).…

$5.2bn Fine: “MTN must pay in full” – Nigerian governors

The governors of Nigeria’s 36 states said on Thursday that MTN must pay in full the fine imposed on it…

MTN’s $5.2bn fine, largest in the world – Analysts

Nigeria’s fine of $5.2 billion (N1.04 trillion naira) to MTN, Africa’s largest telecommunications company, is billions more than any company…

FG investigates revenues earned in foreign currency remitted in naira

The National Economic Council (NEC), on Thursday mandated the Central Bank of Nigeria (CBN), and Ministry of Finance to investigate…

Guidelines for withdrawing from voluntary contributions to retirement accounts underway

The National Pension Commission (PenCom), on Thursday said Guidelines for Withdrawals of Voluntary Contributions from Retirement Saving Accounts was still…

NIMASA investigates ship accident involving MT Tank, MT Elixir

The Nigerian Maritime Administration and Safety Agency (NIMASA) says it is investigating an accident involving two sea-going vessels – MT…

Ekiti government seals off banks, telecoms firms over tax evasion

Eromosele Ebhomele The Ekiti State Government, western Nigeria has sealed off the business premises of some banks and telecommunications service…
Guinness Nigeria Plc says despite challenging operating environment, it achieved 31 % revenue growth for financial year ended June 30, 2024

N1bn Fine: Guinness says NAFDAC found no rodent in its factory

Guinness Nigeria Plc has stated that no rodent was found in its factory by the National Agency for Food and…

Transfast partners First Bank, Ecobank, Heritage Bank for more reach

Transfast has geared up its world of online remittances in Africa by partnering with major Nigerian banks such as First…
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