Business

For The Records: Sanusi Lamido replies Jonathan

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12 years ago

Mallam Sanusi Lamido Sanusi, the suspended governor of the Central Bank of Nigeria, on Sunday issued a statement in which…

NNPC supplies 956mn litres of petrol

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12 years ago

The Nigerian National Petroleum Corporation, (NNPC) said it has pumped additional 956. 6 million litres of Premium Motor Spirit(PMS) petrol,…

New Niger Bridge triggers hope and resentment

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12 years ago

Sometimes a bridge is more than just a bridge. After years of delays and empty promises, Nigeria has finally begun…

Glo unveils ‘borrow me credit’

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12 years ago

Nigeria’s indigenous telecommunication giant, Globacom, has introduced ‘Borrow Me Credit’, a unique product that enables prepaid subscribers to receive airtime…

Med-view plane makes emergency landing in Lagos

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12 years ago

Simon Ateba/Aviation correspondent An aircraft belonging to Medview Airline made an emergency landing at the Murtala Muhamme Airport in Lagos…

FG bemoans destruction of power equipment

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12 years ago

Fifteen power transmission towers were destroyed in one week by unidentified vandals, across Nigeria, according to a top official of…

Amazing Opportunities In Snail Farming

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12 years ago

By Prince Arinze Onebunne If you are reading this article, you’re either already in snail farming business or you are…

Nigerian states want oil subsidy regime to end

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12 years ago

Citing fraud and sharp practices in the implementation of the nearly N1 trillion oil subsidy regime in Nigeria, the Forum…

Banks sever transactions with Sudan

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12 years ago

Major European and Saudi banks have stopped dealing with Sudan, diplomatic and other sources say, adding to the sanctions-hit country’s…

Nigeria pays oil marketers N41bn

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12 years ago

Nigeria’s Federal Government on Thursday paid N41billion to 27 oil marketers whose claims had been verified for fuel subsidy reimbursements.…

McDonald’s sued by staff for theft of wages

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12 years ago

American workers accused fast-food giant McDonald’s Thursday of systematically stealing wages through illicit practices like shaved hours and unpaid overtime.…

OKonjo-Iweala says NNPC audit will curb corruption

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12 years ago

Nigeria must reform its oil sector to end decades of suspicion of widespread corruption and build up public trust, the…

Shoprite prices not right all the time: P.M.NEWS Investigation

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12 years ago

EROMOSELE EBHOMELE Many Nigerians already have the impression that products sold in shopping malls and such outlets, apart from having…

Jonathan approves forensic audit of NNPC

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12 years ago

Nigeria’s President Goodluck Jonathan has authorized a forensic audit of the NNPC, the state energy company, the presidency said on…

NEITI denies loss of $8bn in crude oil swap

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12 years ago

The Nigerian Extractive Industry Transparency International (NEITI) on Wednesday denied a report credited to it over the nation’s alleged loss…

Missing Malaysian Plane: The riddle continues

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12 years ago

What could have happened to the missing Malaysian Boeing 777 plane? Nearly five days since it disappeared while en route…

Ecobank replaces Tanoh with Essien as CEO

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12 years ago

Ecobank Transnational Incorporated on Tuesday announced the appointment of Mr Albert Essien as its new Chief Executive Officer. A statement…

NLC pickets petrol stations

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12 years ago

Abiodun Onafuye/Abeokuta The Nigerian Labour Congress (NLC) Ogun state chapter today picketed some filling stations in the state over hoarding…

Court adjourns $3.8bn suit against Total Upstream

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12 years ago

A Federal High Court in Lagos on Tuesday fixed April 16 to hear a suit filed by the Lagos Deep…

North Korean ship laden with stolen Libyan crude escapes

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12 years ago

A tanker laden with oil from a rebel-held terminal in eastern Libya broke through a naval blockade and escaped to…

Fuel scarcity continues, APC warns against price hike

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12 years ago

Petrol scarcity continues in some parts of the country with filling stations in Jos and its environs shut down on…

Bomb scare at NNPC headquarters

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12 years ago

Ayorinde Oluokun/Abuja Heightened security measures around the four towers of Nigeria National Petroleum Corporation headquarters located in the Central Business…

30 Petrol Stations Shut Over Illegal Hike In Fuel Price

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12 years ago

The Department of Petroleum Resources (DRP) has shut 30 filling stations in Anambra, Ebonyi and Enugu states for selling petroleum…

Fashola Okays Jail Term For Hazardous Product Sellers

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12 years ago

Kazeem Ugbodaga Manufacturers and sellers of fake products to consumers in Lagos State will now face a three-month jail term…

Why did Amstel make Mikel Obi drink straight from the can?

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12 years ago

FUNSHO AROGUNDADE Amstel Malta may have triggered a controversy in the subliminal message it passed across with its new ambassadors,…

Petrol tanker burns power transmission line

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12 years ago

The Transmission Company of Nigeria (TCN) said it had lost one of its 330KV transmission lines from Sapele to Ughelli,…

Boeing joins probe of missing Malaysian plane

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12 years ago

Boeing said Monday it has joined an official US team investigating the still-mysterious disappearance of a Malaysia Airlines 777 aircraft,…

World Bank offers $3billion aid to Ukraine

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12 years ago

The World Bank said Monday it is prepared to offer $3 billion in aid to Ukraine this year to support…

Sanusi tells New York Times oil money shared by cabal

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12 years ago

Even in a country where untold oil wealth disappears into the pockets of the elite, the oil corruption scheme he…

Libyan navy vows to bomb Korean ship loaded with stolen oil

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12 years ago

The Libyan navy moved Monday to stop a North Korean ship from leaving a rebel-held port loaded with oil, as…

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