Business

Diezani blames fuel scarcity on diversion of supplies

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12 years ago

The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, on Sunday blamed the current scarcity of petrol nationwide to the diversion…

Foreign airlines cancel flights to Freetown

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12 years ago

International airlines have cancelled flights to and from Sierra Leone after a U.N. aviation regulator discovered that the only functioning…

Unilever buys majority stake in China water firm

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12 years ago

Dutch food and cosmetics giant Unilever said on Sunday it has bought a majority stake in Chinese water purification company…

US refiners buy more Nigerian crude oil

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12 years ago

Nigerian crude values have been picking up steadily this week on strong US demand for Nigerian and West African crudes,…

Fire guts power transformer, leads to load shedding

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12 years ago

A 150MVA transformer at the Oshogbo centre of the Transmission Company of Nigeria (TCN), was gutted by fire on Friday,…

Actress Rita Dominic Bags Keystone Bank Deal

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12 years ago

Kayode Aponmade Nollywood actress, Rita Dominic has signed an endorsement deal with Keystone Bank. The actress is now the new…

NLC vows to resist hike in petrol price

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12 years ago

Ayorinde Oluokun/Abuja Nigeria Labour Congress has warned the government against contemplating any increase in the price of petroleum products. In…

Constitution bars forensic audit of NNPC, says A-G

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12 years ago

The Auditor-General of the Nigerian Federation, Mr Samuel Ukura said today that the Constitution did not empower his office to…

Dana Air appoints Bouteiller as director of flight

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12 years ago

Simon Ateba/Aviation correspondent Dana Air has appointed Francois Bouteiller as its Director of Flight Operations, the airline said in a…

Ex-Aviation Minister, Fani-Kayode Re-Arraigned

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12 years ago

Akin Kuponiyi There is no respite yet for former Aviation Minister, Chief Femi Fani-Kayode as he was Thursday re-arraigned before…

Customs agents oppose tariff for used cars, paralyse Tin Can port

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12 years ago

Business activities at the Tin-Can Island Port in Lagos were on Thursday paralysed as clearing agents staged a protest over…

NNPC pumps 209 mn litres of fuel to reduce shortages

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12 years ago

The Nigerian National Petroleum Corporation (NNPC), said about 209 million litres of Premium Motor Spirit (PMS) or petrol had been…

MTN boosts revenue from Nigeria’s earnings

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12 years ago

South African mobile giant MTN on Wednesday said revenues grew 12 percent last year, driven by increasing subscribers and helped…

APC urges FG to say truth about fuel scarcity

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12 years ago

The All Progressives Congress (APC) has urged the federal government to level up with Nigerians on the reasons for the…

Fuel Scarcity: NNPC opens reserve

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12 years ago

Nigeria said on Tuesday it had released fuel from its reserves to ease a crippling shortage that has caused long…

Jonathan Sacks FAAN, NCAA, NAMA, NCAT Bosses

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12 years ago

Simon Ateba/Aviation correspondent The Nigerian President Goodluck Ebele Jonathan on Tuesday sacked virtually all aviation chiefs in the troubled industry,…

Nigeria set date for privatisation of power plants

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12 years ago

Nigeria’s Bureau of Public Enterprises (BPE) has set 7 March for privatisation of its 10 National Integrated Power Plants, NIPPs…

Nigeria: Why long queues persist at petrol stations

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12 years ago

Long queues of vehicles piled up at petrol stations across Nigeria on Monday while commuters were left stranded at bus…

Cross Country Transport Boss, Okorodudu Knows Fate 8 April

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12 years ago

Henry Ojelu A Lagos High Court sitting in Ikeja has fixed 8 April, 2014 for a ruling on an application…

Ecobank: 2 ex-directors back Tanoh

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12 years ago

Two former directors of Ecobank defended CEO Thierry Tanoh and said he is under pressure to resign because he is…

Airlines set to provide internet service in-flight

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12 years ago

Wifi in aircraft, hobbled in the past by slow speeds, could soon take off as new technology enables passengers to…

ECOBANK core investor wants CEO Tanoh sacked

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12 years ago

The main shareholder in Ecobank , one of the biggest banks in sub-Saharan Africa, called on Saturday for its Ivorian…

How to protect Nigeria’s oil pipelines, by Kuku

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12 years ago

Mr Kingsley Kuku, the Special Adviser to the President on Niger Delta Affairs, has urged the Ministry of Petroleum Resources…

Zambia’s economy now 25 per cent larger, after rebasing

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12 years ago

Zambia’s economy is now a quarter larger at $16.7 billion (12.2 billion euros) after the changing of its base year…

America forges ahead with plan to light up Africa

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12 years ago

US lawmakers Thursday broke through a logjam on a plan to bring electricity to 50 million Africans, in what Washington…

Nigerian court refuses Sanusi’s prayer over suspension

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12 years ago

Nnamdi Felix / Abuja Ousted Governor of Central Bank of Nigeria, Sanusi Lamido Sanusi, on Wednesday suffered a temporary set…

LASAA to host Africa’s biggest expo in Lagos

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12 years ago

Lagos State Signage & Advertisement Agency (LASAA) is to host Africa’s biggest signage & Outdoor conference and exhibition at Eko…

N1.36bn Fraud: Court Grants MTN Staff Bail

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12 years ago

Henry Ojelu Justice Kudirat Jose of the Ikeja High Court Wednesday granted bail to two staff of MTN who are…

CBN’s Cashless Policy Takes Effect Nationwide 1 July

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12 years ago

The cashless policy introduced by Central Bank Of Nigeria, CBN, in Lagos in 2012 and in five states and the…

How Nigerian cop conspired with vandals to siphon crude oil

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12 years ago

A witness in the on-going trial of Dodo Chilla Bulus, an Assistant Superintendent of Police, today February 25, 2014 told…

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