Business

Etisalat raises 3 bn euros to buy Maroc Telecom stake

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12 years ago

UAE telecommunications firm Etisalat announced Monday 28 April that it has raised 3.15 billion euros to fund the acquisition of…

Diezani Alison-Madueke: Nigerian firms dominate oil lifting

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12 years ago

The Minister of Petroleum Resources and Chairman of the NNPC Board, Mrs. Diezani Alison-Madueke, has described the recent award of…

Adamawa has diamond, coal in commercial quantity – Nyako

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12 years ago

Governor Murtala Nyako of Adamawa, on Sunday, said the state has diamond in commercial quantity awaiting exploitation. Nyako made the…

Nokia completes handset deal with Microsoft

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12 years ago

Finnish telecom giant Nokia completed the sale of its handset business to Microsoft on Friday 25 April, leaving factories in…

Electricity Commission woos foreign investors

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12 years ago

The Nigerian Electricity Regulatory Commission (NERC) has assured foreign investors of a conducive environment for those intending to invest in…

Jonathan recognises cement industry’s contribution to economy

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12 years ago

President Goodluck Jonathan on Friday said that the cement industry had attracted six billion dollars about N960 billion local and…

PCIDSS: CBN issues Nov. 30 deadline to banks

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12 years ago

The CBN has urged commercial banks, switches and processors to be Payment Card Industry Data Security Standards (PCIDSS) certified by…

UBA shareholders approve N16.49bn dividend

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12 years ago

The shareholders of United Bank for Africa (UBA) on Friday 25 April approved N16.49 billion total dividend declared by the…

Glo/CNN African Voices Hosts Goldsmith Labi Kapo

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12 years ago

The Globacom-sponsored CNN African Voices will this weekend bring to viewers South African goldsmith, Thomas Labi Kapo, who will be…

Grasscutter Farming: From Grass To Grace

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12 years ago

By Prince Arinze Onebunne There is a saying that “if the going gets tough, only the though gets going” That…

Amosun honours corporate and individual tax payers

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12 years ago

The Ogun State Government on Thursday honoured some organizations and groups it considered the most faithful in the payment of…

NNPC committed to economic growth through gas value chain – GMD

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12 years ago

The Group Managing Director (GMD) of NNPC, Andrew Yakubu, on Thursday 24 April, said the corporation was committed to the…

NSE market capitalisation increases by N59bn

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12 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday 23 April grew by N59 billion or 0.46 per…

Samsung partners Hellofood for food delivery app in Nigeria

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12 years ago

Online food ordering service Hellofood.com, founded by Africa Internet Holding (AIH), announced a partnership with Samsung at the launch of…

World Bank approves $250 million credit for water projects in Nigeria

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12 years ago

The World Bank said it has approved a credit of 250 million US dollars to help the Nigerian Government continue…

Electricity generation to hit 12,000mw by 2016

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12 years ago

Dr Sam Amadi, Chairman, Nigeria Electricity Regulatory Commission (NERC), has said electricity generation nationwide would hit 12,000 mega watts before…

Marketers urge FG to pay outstanding fuel subsidy claims

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12 years ago

Obafemi Olawore, Executive Secretary, Major Oil Marketers Association of Nigeria, has pleaded with the Federal Government to pay marketers’ subsidy…

Traders want CBN to increase circulation of lower denomination Naira notes

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12 years ago

Some traders in Lagos have appealed to the Central Bank of Nigeria (CBN) to ease their transactions with customers by…

Hitachi to provide world’s fastest elevator

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12 years ago

Japan’s Hitachi has said it will provide the world’s fastest elevators, which can clock speeds of up to 72 kilometres…

NNPC denies rift between Yakubu and Alison-Madueke

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12 years ago

The Nigerian National Petroleum Corporation (NNPC) has said that there is no rift between the Minister of Petroleum Resources, Mrs…

Flights suspended to Kaduna Airport

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12 years ago

Flights to Kaduna airport have been temporarily suspended till Monday evening following a fire incident which affected the tower, Nigerian…

Fire guts Kaduna Airport control tower

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12 years ago

Simon Ateba/Aviation correspondent Fire has engulfed the control tower of the Kaduna Airport, severely damaging it. Witnesses said fire started…

Oando pays ConocoPhillips another $25mn

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12 years ago

Oando Energy Resources has paid another $25million dollars to US oil company, ConocoPhillips, as part of the moves to acquire…

Total discovers oil in Cote d’Ivoire offshore

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12 years ago

French oil giant Total on Thursday announced the discovery of oil in Saphir-1XB exploration well in the deep offshore west…

CFAO to open vehicle assembly plant in Nigeria

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12 years ago

French automobile manufacturer, CFAO Automotive Group, said in Abuja that it was making necessary logistic arrangements to begin vehicle assembly…

Lagos mulls plans to acquire farmland in Northern Nigeria

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12 years ago

The Lagos State Government on Thursday said it has plans to acquire farmlands in some states in the northern part…

FRCN Probe: Court Fixes 12 May For Verdict

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12 years ago

Akin Kuponiyi A Federal High Court sitting in Lagos State, southwest Nigeria, Friday adjourned till 12 May this year to…

Amosun developing four estates, says Odusolu

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12 years ago

Abiodun Onafuye/Abeokuta In pursuance of the urban renewal programme of the Ibikunle Amosun administration in Ogun state, four new estates…

US ambassador praises NSE’s performance

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12 years ago

James Entwistle, United States ambassador to Nigeria has praised the management of the Nigerian Stock Exchange (NSE) on its accountability…

A lesson from Algiers: Stemming youth brain drain

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12 years ago

ALGIERS(AFP) – They fled Algeria to escape the violence ravaging the country in the 1990s, but now more and more…

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