Business

Oil Trade: NNPC says bye bye to middlemen, set to deal directly

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10 years ago

Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers…

Stanbic IBTC gets respite as CBN says no need to restate accounts

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10 years ago

Nigeria’s central bank did not find “material misrepresentation” after examining past accounts of commercial bank Stanbic IBTC and sees no…

Customs working hard to meet N944bn target, says Hameed Ali

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10 years ago

The Comptroller-General of Customs, Colonel Hameed Ali has revealed that the Nigerian Customs Services is working hard to meet the…

Equipment at Nigeria airports acquired over 30 years ago, FAAN MD tells Senate

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10 years ago

The Managing Director of the Federal Airport Authority of Nigeria (FAAN), Mr Saleh Dunoma, said on Tuesday in Abuja that…

Airtel bags Merit Award at ATCON’s 21st anniversary

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10 years ago

Henry Ojelu Telecommunications services provider, Airtel Nigeria, has been honoured with a Merit Award by the Association of Telecoms Companies…

NSE sanctions Oando for delayed filing of financial results

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10 years ago

The Nigerian Stock Exchange (NSE) has sanctioned Oando Plc for delayed filing of its audited financial statements (AFS) for the…

NNPC replaces offshore processing arrangement for crude oil direct sale

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10 years ago

The Nigerian National Petroleum Corporation (NNPC) on Tuesday announced the replacement of the Offshore Processing Arrangement (OPA) option for an…

37 ships laden with petroleum products, foods expected in Lagos

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10 years ago

Thirty seven ships laden with petroleum products, food items and other goods are expected to arrive Lagos ports from Nov.…

Nigeria faces stiff challenge to boost agriculture sector

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10 years ago

By Alexis Akwagyiram The pothole-ridden roads that connect Lagos, Nigeria’s bustling commercial capital, with Adeniyi Bunmi’s leafy farm in southwestern…

Activision Blizzard acquires Candy Crush for $5.9bn

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10 years ago

US computer game company Activision Blizzard, which produces World of Warcraft and Call of Duty, is buying King Digital Entertainment,…

Contempt: Financial Reporting Council boss knows fate Thursday

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10 years ago

A Federal High Court sitting in Lagos will on November 5, 2015 determine whether to invite the Chief Executive Officer…

MTN asks for ‘leniency’ on $5.2b Nigeria fine – Source

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10 years ago

South Africa’s MTN has written to authorities in Nigeria asking for “leniency” and requesting a review of a $5.2 billion…

Crude oil rises but glut keeps lid on gains

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10 years ago

Oil rises on Tuesday but pressured by a glut in supply and worries about a fragile demand outlook. Brent crude…

MTN renews operating spectrum, licence with $94.2m

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10 years ago

South Africa’s MTN on Tuesday said the Nigerian regulator had renewed its operations and licence up to 2021 at a…

Poultry farmers decry low patronage in Calabar

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10 years ago

Some poultry farmers in Calabar, southern Nigeria, have expressed worries over low patronage of their business. They made this known…

Customs approves appointment of 6 DCGs, 8 ACGs in acting capacity

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10 years ago

The Comptroller-General of Customs, retired Col. Hameed Ali, has approved the appointment of six acting Deputy Comptrollers-General (DCGs) and eight…

BVN: CBN extends enrollment for Diaspora bank customers

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10 years ago

The Central Bank of Nigeria (CBN) has extended the timeline for Nigerian bank customers in the Diaspora to enroll for…

KDSG to privatise abattoirs, send 7 butchers to Saudi Arabia on study tour

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10 years ago

The Kaduna State Government on Monday said it was preparing the state abattoirs for privatisation and would send seven butchers…

Malpractice: DPR seals 6 filling stations in Minna

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10 years ago

The Department of Petroleum Resources (DPR) on Monday sealed six petrol filling stations owned by some independent marketers in Minna,…

Telecoms: IT expert says rain does not affect quality of service

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10 years ago

An Information Technology (IT) expert, Mr Lanre Ajayi, on Monday asserted that rainy weather does not affect the Quality of…

Foreign portfolio investors’ withdraw N40.07bn from stock market in Sept.

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10 years ago

The Nigerian Stock Exchange (NSE), said that foreign investors withdrew the sum of N40.07 billion from the equities market in…

Naira slides further at parallel market

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10 years ago

The Naira on Monday further slided at the parallel market as it exchanged for N227 to the dollar, as against…

Naira slides further at parallel market

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10 years ago

The Naira on Monday further slided at the parallel market as it exchanged for N227 to the dollar, as against…

NBC supports women with trade asset financing

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10 years ago

In furtherance of its commitment to women empowerment in its value chain, the Nigerian Bottling Company (NBC) Limited has identified…

GT Bank to continue BVN registration after deadline

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10 years ago

Taiwo Adelu There are strong indications that depositors in Nigerian banks will still have the opportunity of having access to…

BVN deadline: Banks witness rush

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10 years ago

The Biometric Verification Number (BVN) dominated the banking industry last week as customers again went into a last minute rush…

MTN’s woes worsen as South Africa’s bourse suspends trading in its shares

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11 years ago

The South African bourse has suspended trading in the shares of telecoms firm MTN on Monday, a senior official said.…

34 ships expected with foods, petroleum products

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11 years ago

Thirty-four ships laden with foods, petroleum products and other goods are expected in Lagos ports from Nov. 2 to Nov.…

NCC to issue new spectrum licences in 2016

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11 years ago

The Nigerian Communications Commission (NCC), on Monday said that it would issue new telecom spectrum licences in 2016, to create…

Kogi Govt, APC trade words over bailout delay

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11 years ago

The APC on Sunday alleged that the Kogi State Government had yet to apply for the bailout funds provided by…

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