Business

NCAA dismisses unions’ threats to shut down airports

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10 years ago

The Nigerian Civil Aviation Authority (NCAA) has dismissed as untrue the threats by two trade unions in the aviation sector…

NSE market indices dip further by 0.05%

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10 years ago

Equity transactions on the Nigerian Stock Exchange (NSE) dropped on Friday as the market indicators depreciated by 0.05 per cent…

Amnesty: We are not owing ex-militants, says FG

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10 years ago

The Federal Government has said that all monthly payments to ex-militants under the Presidential Amnesty Programme were up to date.…

Man jailed for N1.2m stock fraud

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10 years ago

The Economic and Financial Crimes Commission, EFCC, on Thursday, October 22, 2015, secured the conviction of Bashir Olumuyiwa, Managing Director,…

91 companies bid for NNPC’s coastal bunkering vessels service

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10 years ago

The Nigerian National Petroleum Corporation, (NNPC) has began the public opening of technical bids submitted by 91 companies to secure…

5 million users disconnect from MTN in Nigeria

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10 years ago

Over 5 million subscribers of MTN, Africa’s largest mobile phone operator, have ditched their lines with the telco outfit in…

Dangote refinery to begin operations in 2018

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10 years ago

The Management of Dangote Petrochemicals and Fertiliser Plant on Thursday assured Nigerians that its 650,000 barrels Per Day (BPD) capacity…

Lagos shuts 6 companies over N50m tax evasion

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10 years ago

Kazeem Ugbodaga The Lagos State Internal Revenue Service (LIRS) on Thursday shut six companies for non-remittance of taxes due to…

IMF wants Buhari to devalue the naira again

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10 years ago

The International Monetary Fund (IMF) is pressing Nigeria to further devalue its naira currency amid uncertainty over the political and…

Microsoft appoints Abdella as new Regional Director

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10 years ago

Ethiopian-born Amrote Abdella has been announced as the new regional director for Microsoft’s 4Afrika Initiative, effective October 2015. Previously the…

13 ships arrive Lagos with petroleum products

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10 years ago

Thirteen ships laden with petrol, diesel, bulk gas and aviation fuel have arrived the Lagos ports, waiting to berth, the…

AIB probes wing-tip brush by two Arik aircraft

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10 years ago

The Accident Investigation Bureau (AIB) said it had begun investigation of Tuesday’s wing-tip brush by two Boeing 737-800NG belonging to…

Ghana resolves dispute with Nigeria over unpaid gas bill

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10 years ago

The Ghanaian Government said it would pay a Nigerian gas consortium 170 million dollars it owed by February, apparently resolving…

Osinbajo tasks entrepreneurs on graduate unemployment

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10 years ago

Vice President Yemi Osinbajo on Monday requested African entrepreneurs to focus attention on skills training to tackle the challenge of…

Transactions in mobile money transfer scheme hits N815.47b

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10 years ago

Mr Dipo Fatokun, the Director of Banking and Payment System in the Central Bank of Nigeria (CBN) says about N815.47…

FG to sanction DISCOs over installation of substandard electricity equipment

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10 years ago

The Federal Government on Sunday said it would sanction any distribution company that engaged in installation of sub-standard electricity equipment…

Industrialist decries exorbitant taxes, levies

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10 years ago

An industrialist, Dr Godwin Maduka has called on Anambra government to support indigenous investors in the state by reducing the…

Osun, France sign N8bn solar plant agreement

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10 years ago

Osun Government and France have signed an agreement to build a 35 million Euros (N8 billion) 13 megawatts solar plant…

ANALYSIS: Competitors linked to CPC raid on Multichoice office

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10 years ago

By Olalekan Bilesanmi The face-off between the Consumer Protection Council,CPC, and Multichoice got to a head, last week, when the…

Lagos consumes N1billion worth of rice daily, says Ambode

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10 years ago

Kazeem Ugbodaga As the world marked World Food Day, Lagos State Governor, Akinwunmi Ambode disclosed that the state consumes N365…

Fuel scarcity: Gov. Udom advocates liberalisation of downstream sector

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10 years ago

Governor Udom Emmanuel of Akwa Ibom has advocated the liberalisation of the petroleum downstream sector to regulate the cost paid…

Nigeria overnight rate, bond yields fall on excess liquidity

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10 years ago

Reuters Nigeria’s overnight lending rates and bond yields continued to fall on Friday as excess liquidity injected into the banking…

Financial industry, corporate Nigerians eulogise Onosode

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10 years ago

Members of financial industry and corporate Nigeria on Friday described the late Dr Gamaliel Onosode as a great man of…

UBA MD sues online journalist over alleged false report

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10 years ago

Paul Iyoghojie An online reporter, Desmond Ike Chima, 29, has been arraigned before a Lagos State magistrates’ court for allegedly…

Market capitalisation improves by N46b

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10 years ago

Activities at the Nigerian Stock Exchange (NSE) made an impressive record on Friday with the market capitalisation improving by N46…

FG suspends licence issuance for new vehicle assembly plants

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10 years ago

The Federal Government has suspended issuance of licence to new vehicle assembly plants. Mr Aminu Jalal, the Director General of…

Naira depreciates at parallel market

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10 years ago

The Naira on Friday depreciated against the dollar at the parallel market. The Naira lost N0.5 in the afternoon as…

EU to participate in 2015 Lagos trade fair

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10 years ago

The Lagos Chamber of Commerce and Industry (LCCI) on Friday said the European Union (EU) had indicated interest to participate…

FG assures of improved electricity supply

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10 years ago

The Ministry of Power has said that it was working hard on its responsibility to improve electricity supply in the…

Ships’ manifests full of irregularites — Customs boss

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10 years ago

Col. Hameed Ali (retd) Comptroller-General, Nigeria Customs Service (NCS), has expressed concern that most of the manifests paraded by multinational…

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