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S.Africa boost operations with Nigeria, sets up visa office in PH

The South African High Commissioner to Nigeria, Mr Louis Mngani, says visa office established in Port Harcourt is to boost…

Buhari appoints Ahmed Idris as AGF

President Muhammadu Buhari on Thursday approved the appointment of Alhaji Ahmed Idris as the new Accountant General of the Federation…

Kashamu Flees From Abuja Flight

Prince Buruji Kashamu, the Ogun east senator, wanted in the United States, may appear to be a tough guy, mounting…

NLNG pays $1.6bn dividend to Buhari government

Nigeria Liquefied Natural Gas Company Limited (NLNG), a joint venture between the government and foreign oil majors, has paid a…

Farmers urge FG to continue e-wallet system

The President Etche Farmers Cooperative Union, Godwin Akandu, on Tuesday urged the Federal Government to continue with the e-wallet system…

FAAC: FG, States, LGs share N409.3bn for May

The Permanent Secretary, Ministry of Finance, Mrs Anastasia Nwaobia, on Tuesday said that N409.3 billion was shared among the Federal,…

Enterprise Bank hackers arraigned

Henry Ojelu The Economic and Financial Crimes Commission (EFCC) arraigned two men for allegedly attempting to hack into the internet…

How Pay-TV Content Is Bought

SPONSORED Pay-Television companies are not always the owners of content they broadcast. Often, pay-TV companies are vendors for content owners,…

National Assembly told to review PIB

Some experts in the Nigerian oil and gas industry on Monday called on the leadership of the new National Assembly…

Farmers to Buhari: Relax credit access rules to boost food production

Stakeholders in agriculture sector have appealed to the Federal Government to relax what they called stringent rules in accessing credit…

GTB sued N30billion for unlawfully freezing accounts

Akin Kuponiyi In a bid to seek legal redress for alleged economic misfortune suffered as a result of their accounts…

Establish onion processing plants, Association tells FG

Alhaji Wadata Musa, Vice Chairman, Hamdala Onions Sellers Association, Mile 12 International Market, Lagos has appealed to Federal Government to…

Nigeria crude differential hits 10-year low as glut takes toll

LONDON (Reuters) – Official prices for Nigerian crude have hit their lowest in at least a decade as a nagging…

Nigeria picks Akwa Ibom, Kogi as sites for nuclear power plants

Nigeria has selected two sites for the construction of its planned nuclear power plants, as Africa’s biggest economy tries to…

Transcorp on track to generate 850 MW in 2015

LAGOS, June 19 (Reuters) – Nigerian conglomerate Transcorp is on track to achieve power generation capacity of 850 megawatts this…

NLNG to construct first Nigeria major ship yard for $1.5bn

LAGOS, (Reuters) – Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in…

Benin airport to be shut down for maintenance

Jethro Ibileke/Benin There are indications that the Benin Airport may be shut down to air passengers for about four weeks…

NSE transactions maintain negative trend

Trading on the Nigerian Stock Exchange (NSE) on Thursday remained on downward trend for the third consecutive days as a…
Godwin Emefiele, CBN Governo

Nigeria raises 144 bln naira in Treasury bills; yields mixed

LAGOS, (Reuters) – Nigeria raised 143.64 billion naira ($723 million) in Treasury bills with mixed yields, the central bank said…

Dangote Takes Cement Empire To Asia

Africa’s richest man, Aliko Dangote, says he’s expanding his cement empire to Asia and it will be operational in 30…

Stop harassing marketers, DPR tells task force

The Department of Petroleum Resources (DPR) on Wednesday appealed to the State Task Force on Petroleum against harassment, extortion and…

I’m still going to buy Arsenal, says Dangote

Africa’s richest man, Aliko Dangote, is optimistic that he will buy English Premier League club, Arsenal FC in the nearest…
Godwin Emefiele, CBN Governo

Nigeria to raise N120.5bn in Treasury bills next week

Nigeria plans to sell 120.52 billion naira ($606 million) of 3-month, 6-month and 1-year Treasury bills on June 24, the…

Stanbic IBTC to publish list of loan defaulters

LAGOS, June 17 (Reuters) – Nigeria’s Stanbic IBTC, the local unit of South Africa’s Standard Bank, said on Wednesday it…

Bart Nnaji’s Geometric Power to build 1,080MW plant

LAGOS, (Reuters) – Nigeria’s Geometric Power will build a 1,080 megawatt power plant jointly with General Electric , with the…

Nestle cuts 15% of its Africa workforce

June 16 (Reuters) – Swiss food and drinks company Nestle SA is cutting 15 percent of its workforce in 21…

Nigerian appointed secretary of CTO

A Nigerian Shola Taylor has been appointed secretary-general of the Commonwealth Telecommunications Organisation (CTO), an international organisation headquartered in London.…

Buhari Angry Over NNPC’s Numerous Bank Accounts

President Muhammadu Buhari was visibly angry when he revealed that the Nigerian National Petroleum Corporation, NNPC, has too many bank…

What They Won’t Tell You About Pay-As-You-Watch TV

SPONSORED The budget-conscious segment of the pay-Television market in Nigeria has been strident in its push for a pay-as-watch (PAYW)…

NNPC doesn’t know all its bank accounts, says Buhari

The Nigerian National Petroleum Corporation has too many bank accounts, some of which either the Ministry of Finance or the…
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