BREAKING: Ex-Gov Ambode endorses Hamzat as APC consensus candidate for Lagos 2027

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Skye Bank launches “Skye Pearl” to unleash potentials in women

Restating a commitment to expand the horizon of its customers, Skye Bank has launched “Skye Pearl” initiative to help its…

Dangote Cement posts N166.91 bn Q3 profits

Dangote Cement Plc has reported a higher turnover and profit margin for its third quarter. According to a report filed…

Nigeria fines MTN $5bn for failing to disconnect unregistered subscribers

Nigeria’s Communications Commission, the country’s telecommunications regulator, has issued mobile phone firm MTN Nigeria, with a $5bn (£3.5bn) fine for…

Union urges Buhari to reject call for naira devaluation, fuel subsidy removal

The National Union of Textile and Garment Workers of Nigeria (NUTGWN) has urged President Muhammadu Buhari to reject the call…

We sell adulterated water to banks —suspects

Kazeem Ugbodaga Men of the Lagos State Rapid Response Squad, RRS, on Sunday arrested two men who specialize in the…

Maritime workers suspend 3-day-old strike

The Maritime Workers’ Union of Nigeria (MWUN) on Saturday said that it had suspended its three-day-old strike which had paralysed…

NCAA dismisses unions’ threats to shut down airports

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

NSE market indices dip further by 0.05%

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

The Federal Government has said that all monthly payments to ex-militants under the Presidential Amnesty Programme were up to date.…
The arraignment of a businessman, Chief Cletus Ibeto before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja for an alleged N4.8 billion fraud was, again, stalled on Tuesday due to his absence in court.

Man jailed for N1.2m stock fraud

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Governor Udom Emmanuel of Akwa Ibom has advocated the liberalisation of the petroleum downstream sector to regulate the cost paid…
Godwin Emefiele, CBN Governo

Nigeria overnight rate, bond yields fall on excess liquidity

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

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

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