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Business

Banks in Ijebu-Ode shut over malfunctioning APCs

Abiodun Onafuye/ Abeokuta Commercial banks refused to open for business in Ijebu-Ode,Ogun state today triggering fears of a robbery attack.…

Oshiomhole to present budget on Tuesday

Jethro Ibileke/Benin Governor Adams Oshiomhole of Edo state will on Tuesday 23 September, present the 2015 budget appropriation to the…

iPhone opening weekend sales top 10 million

Apple said Monday it sold more than 10 million of its new iPhone models globally in the opening weekend of…

Diamond Bank flagship branch debuts

Diamond Bank plc has, again, raised the bar in customer service delivery in the financial services sub-sector, with the opening…

Adenuga bags Telecom Investor of the Decade award

Globacom Chairman, Dr. Mike Adenuga Jr. (GCON), has bagged the ‘Telecom Investor of the Decade’ award at the 10th edition…

FG releases N200bn for capital projects in third quarter

The Federal Government has released N200 billion for the execution of capital projects in the third quarter of the year,…

Ogoja LG embarks on N32m market rehabilitation project

Mrs Rita Ayim, Chairman, Ogoja Local Government, Cross River, says the local government has begun N32 million rehabilitation project of…

Kwara plans Intergrated Power Plant to boost electricity

The Kwara State Government said on Friday that it planned to have an Integrated Power Plant to improve on electricity…

FG announces N213bn bailout facility for power sector

The Federal Government on Friday announced new measures to address financing related issues in the power sector, including a N213…

Oil workers suspend strike

The National Union of Petroleum and Natural Gas Workers (NUPENG), Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN),…

FirstNation Airline confirms lease pact with Skypower Catering

The FirstNation Airline on Friday confirmed it had subsisting and valid lease with the Skypower Catering Ltd. located at the…

Ebola Scare: Domesticated Grasscutter To The Rescue

By Prince Arinze Onebunne Despite global concerns over the hunting for animals considered to be endangered species, as well as…

Selfishness, greed stalled Olokola Gas Project – Amosun

Abiodun Onafuye/ Abeokuta Governor Ibikunle Amosun of Ogun state today opened up on the multi-billion Olokola Gas project, which his…

Larry Ellison steps down as Oracle chief executive

Larry Ellison on Thursday stepped down as chief executive of Oracle, handing off the helm of the successful technology company…

Allison-Madueke, others absent at Reps fuel crisis committee

The Minister for Petroleum Resources, Deizeani Allison-Madueke, on Thursday failed to appear before the House of Representatives joint committees on…

Jonathan’s priority is railway transformation – Tukur

Alhaji Bamanga Tukur, Chairman, Board of Nigerian Railway Corporation (NRC), has assured Nigerians that transforming railway system was President Goodluk…

Reps summon Deizeani, others over looming fuel crisis

The House of Representatives Joint Committees on Petroleum (Upstream and Downstream) and Gas Resources on Wednesday summoned the Petroleum Minister,…

Nigeria’s oil workers stop gas supply to Ghana

The strike declared by oil workers unions in Nigeria has halted gas supplies to several West African countries. The gas…

Azteco Bitcoin opens new opportunities to the world

Azteco, the easiest way to buy the new internet payment token Bitcoin, enters its final stage of development before full…

EFCC arrests two suspects over $7.9m scam

The Economic and Financial Crimes Commission, EFCC has arrested wo suspected fraudsters who allegedly defrauded a foreign investor of $7.9…

Reliable energy critical to Africa’s development – UN

Dr Kandeh Yumkela, Special Representative and Chief Executive of the Sustainable Energy for All Initiative of the United Nations, said…

Koluama youths invade Chevron over non payment of compensation

Youths from Koluama communities in Bayelsa, have invaded the North Apoi oil platform operated by Chevron over non payment of…

LAUTECH wins Google 2014 Online Marketing contest

Prof. Adeniyi Gbadegesin, Vice-Chancellor, Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, Oyo state, has commended the institution’s team which won…

Unease in NNPC over unremitted pension fund

The management of Nigeria National Petroleum Corporation on Monday moved to prevent a potentially crippling industrial unrest as it workers…

Britain’s Phones 4U collapses with 5,500 jobs at risk

British mobile phone retailer Phones 4U has collapsed into administration, putting more than 5,500 jobs at risk, the group said…

Heineken rebuffs hostile bid by rival SABMiller

Heineken has rejected a takeover bid by British rival SABMiller after the family-controlled Dutch beer giant said it preferred to…

Chinese firm to establish cassava processing industry

The Coordinator of Fadama 111 Project in Cross River, Mr Bassey Elemi, has said that a Chinese firm will establish…

Akpabio, Uduaghan, Yero to address US Summit

The governors of Akwa Ibom, Delta and Kaduna states have been picked to address young Nigerian professionals in the United…

FG decries continued importation of raw materials

The Minister of Science and Technology, Dr Abdu Bulama, has decried Nigeria’s continued importation of raw materials in spite of…

Hackers rob Nigerian bank of N6.3billion

Nigeria’s Economic and Financial Crimes Commission is on the trail of a group of computer hackers, who had stolen N6.28billion,…
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