Business

Lagos Cautions Banks Over Faulty Masts

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14 years ago

The Lagos State Government has called on banks to maintain their communications masts and towers and pull down weak ones…

World’s wealthiest stash $21 trillion in tax havens

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14 years ago

A report by a campaign group Tax Justice Network said today that the world’s wealthiest individuals have stashed $21-trillion worth…

Fuel scarcity looms as importers plan shutdown

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14 years ago

The possibility of fuel scarcity looms in Nigeria from tomorrow and the endless queues for petrol may resurface at filling…

Murdoch quits UK papers’ boards

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14 years ago

Rupert Murdoch has stepped down as director of a string of companies behind British newspapers The Sun, The Times and…

Stocks shed some weight at NSE

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14 years ago

Trading activities on the Nigerian Stock Exchange (NSE) closed on a downward trend on Friday as some highly capitalised stocks…

Pacific Energy, Chinese Firm To Build N4b Coal Power Plant

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14 years ago

Pacific Energy Limited says it has entered into partnership with a Chinese firm, Sepco 111, to construct a 1,200 megawatts…

Etisalat Offers Special Tariff

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14 years ago

As part of its commitment to providing products and services that enable its customers enjoy value for their money, Etisalat…

Main One Launches Global Video Connect Product

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14 years ago

Nigeria’s premier private submarine cable company, Main One Cable, in partnership with Global Network Services, Tata Communications, has launched a…

StarTimes Rewards Subscribers In N2m Promo

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14 years ago

As part of efforts to rewards brand loyalty, the management of StarTimes says it is giving out over N2million cash…

N2.5m Fraud: Ex- Banker Jailed Five Years

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14 years ago

Justice Dije Aboki of High Court of Kano State has sentenced Mr. Idris Ado Zango, 31, an ex- banker who…

Banker docked for N77m fraud

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14 years ago

The Economic and Financial Crimes Commission, EFCC, has arraigned a banker, Mrs. Nneka Nwilene at the Federal High Court III,…

Shell To Challenge $5b Fine By Nigeria

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14 years ago

Shell will challenge a $5.0 billion (four billion euro) fine imposed by Nigeria over an offshore oil spill last year,…

Loan Tussle: Bank Drags Firm To Court

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14 years ago

In a bid to recover a debt of N75,389,939.87, United Bank for Africa Plc, UBA, has dragged a Lagos company,…

16 years after, Honda Unveils 4th Generation CR-V

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14 years ago

It was a beehive of activities at the Ocean View Restaurant, Lagos, as The Honda Place (THP) recently took the…

Toyota’s Profit Quadruples

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14 years ago

Toyota’s quarterly profit more than quadrupled to 121 billion yen ($1.5 billion), and the automaker gave upbeat forecasts as it…

Hyundai Elantra Emerges Car Of The Year

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14 years ago

Hyundai Elantra has been ranked “Car of the Year 2011” by the Nigerian Auto Awards at the seventh edition of…

Shell vows to contest Nigeria’s $5b fine

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14 years ago

Shell will challenge a $5.0 billion (four billion euro) fine imposed by Nigeria over an offshore oil spill last year,…

Nokia’s woes deepen

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14 years ago

Nokia posted a deep second quarter net loss Thursday of 1.41 billion euros ($1.74 billion), four times more than during…

Honda recalls 320,000 cars

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14 years ago

Japan’s Honda Motor said Thursday it is recalling more than 320,000 vehicles worldwide because of a door lock defect. The…

Ebook sales more than double in 2011

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14 years ago

Sales of ebooks more than doubled in 2011 to bring in some $2.07 billion for the US publishing industry, a…

Arunma Oteh returns to SEC

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14 years ago

The Jonathan government on Wednesday lifted a suspension it had slapped on the chief of its stock exchange regulator after…

Jonathan approves $1.4billion rail project

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14 years ago

The Federal Executive Council (FEC) on Wednesday approved 1.488 billion dollars for the execution of the Lagos-Ibadan double track railway…

OAU student remanded for fraud

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14 years ago

A Federal High Court sitting in Enugu has ordered that one Daramola Olawole, a student of Obafemi Awolowo University be…

Jonathan sends ‘authentic’ PIB to National Assembly

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14 years ago

Nigerian President Goodluck Jonathan on Wednesday sent to the National Assembly a bill, which has been years in the making,…

Worst drought ravages US farms

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14 years ago

Weather forecasters see no end in sight to the worst US drought in five decades, a blistering heatwave that has…

Nigeria’s stocks close higher

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14 years ago

Trading activities on the Nigerian Stock Exchange (NSE) on Wednesday ended on a positive note as some major blue chips…

Only MTN Is Making Profit In Nigeria’

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14 years ago

The Executive Vice Chairman, Nigerian Communications Commission (NCC), Mr. Eugene Juwah, says the only telecommunications service provider making profit in…

Thalidomide: Australian woman wins damages from Diageo

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14 years ago

(Reuters/NAN) An Australian woman has won a multi-million dollar payout from UK company Diageo Plc, the local distributor of the…

25 firms bid for PHCN power stations

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14 years ago

The Bureau of Public Enterprises (BPE) on Wednesday said it had received technical and financial proposals from 25 potential investors…

Nigeria’s $2.5m Ponzi scheme operator charged

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14 years ago

The Economic and Financial Crimes Commission has charged a 35-year-old man, Segun Bright before an Ikeja High Court in Lagos…

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