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FG To Enforce Ban On Foreign Computers

Hewlett-Packard, Samsung, LG and other foreign Original Equipment Manufacturers (OEMs) will lose their grip on Nigeria’s personal computer (PC) market…

Govt Asked To Adopt New Water Treatment System

A fast growing social initiatives company, BGV Ltd, has asked government at all levels to adopt the new water treatment…

Etisalat Introduces New SME Propositions easybusiness

As a way of restating its commitment to the growth and development of Small and Medium Enterprises (SMEs) and provide…

Airtel Creates 100 Millionaires Soon

Telecommunications service provider, Airtel Nigeria, has begun another exciting consumer mega SMS promotion tagged “Free Millionaires Club”, which will transform 100 customers…

LASG, FG Vow To Keep Lagos Ports Access Roads Free

The recent synergy between the Federal and Lagos State governments, which eliminated the near-perennial gridlock on Lagos ports access roads…

NIMASA Dumps States, FCT, Sails Alone On NSDP

Obviously disenchanted by the lukewarm attitude by most state governments and the Federal Capital Territory (FCT) administration, the Nigerian Maritime…

Air Nigeria Makes Maiden Flight To London

Air Nigeria on Wednesday made its maiden Lagos-London flight with an Airbus 300-200 aircraft after years of losses that threatened…

Monkey Business Tests Hyundai Quality

They press all the buttons, try to open the windows, then drop their lunch down every crevice in the upholstery.…

Toyota’s IMV Vehicles Reach 5m Unit Milestone

Toyota recently announced that worldwide cumulative sales of its Innovative International Multi-purpose Vehicle (IMV) project series reached five million units…

Nissan’s First Quarter Profit Doubles

Nissan is doing well compared to its Japanese peers. It was announced that profits made a sharp jump in the…

Chevrolet Trax Joins The Fold In Paris

Chevrolet is set to add a new small sport utility vehicle to its model lineup later this year. Called the…

Diamond Bank grows income, profit in Q1

Nigeria’s Diamond bank has reported close to 50 per cent jump in its first quarter earning this year, compared to…

Nigeria signs deal with French firm for electricity

Nigeria has signed a deal worth up to $200 million (157 million euros) with two French firms to improve electricity…

Market inches up again, Presco topples Okomu Oil

After two days of decline, the Nigerian Stock Exchange rebounded slightly today, with market capitalization closing at N7.183 trillion and…

PHCN burdened by N88b debt, says minister

Professor Barth Nnaji, the Minister of Power, has disclosed that that the Power Holding Company of Nigeria, the monopolist power…

Lawmaker Wants Nigerians Enlightened On Cashless Policy

A lawmaker with the Lagos State House of Assembly, Gbolahan Yishawu, has urged the Central Bank of Nigeria (CBN) to…

Frozen Food Sellers Lament High Cost Of Business

Frozen food sellers in Lagos on Tuesday appealed to the Federal Government to urgently address the problem of epileptic electricity…

NB Plc shareholders approve N22.69b dividend

Shareholders of Nigerian Breweries Plc have approved the payment of a total dividend of N22.69 billion for the financial year.…

Food import bill for West Africans may hit $1 trillion

The U. S. Ambassador to Cote d’Ivoire, Mr Phillip Carter, said in Abidjan that West Africa’s food import bill will…

EU clears Angola LNG project

European Union authorities announced Wednesday they have cleared a liquefied natural gas joint venture in Angola by BP, Chevron, Eni,…

Nigeria commissions rice mill

Lagos State Governor Mr Babatunde Fashola (SAN) in company of the Nigerian minister of State for Agriculture, Mallam Bukar Tijani…

Nigerian stocks: Volume higher, Market Cap drops

Although the volume and value of shares traded at the Nigerian Stock Exchange (NSE) increased by 53.4 per cent, Tuesday,…

Wonder Bank operator docked

The Economic and Financial Crimes Commission, EFCC, has arraigned one Eronini Iwunze before Justice G.U Umar of the Federal High…

LG Introduces Triple-Sim Mobile Phone

LG Electronics, a leading brand in electronics, has introduced a triple-SIM phone called LGA290 also known as LG TriP to…

Dufil Prima Foods Launches Power Pasta

Dufil Prima Foods, makers of Indomie Instant Noodles, has joined the growing Pasta market with the unveiling of its new…

Japan Airlines Lands In Profitland

Japan Airlines (JAL), which went bankrupt two years ago in one of the country’s biggest-ever corporate failures, on Monday logged…

Oyo govt, Aussie firm sign MOU on mining

GBENRO ADESINA/IBADAN The Oyo State Government has signed a Memorandum of Understanding (MOU) with an Australian Consortium for the exploration…

FIRS arrests company officials over tax default

The Federal Inland Revenue Service (FIRS) has arrested some senior officials of three companies in Lagos for alleged failure to…

Yahoo! dumps CEO over resume flaws

Yahoo! announced Sunday that Ross Levinsohn will temporarily replace chief executive Scott Thompson, who has stepped down in the face…

Think Tank suggests ways to solve global problems

Leading economists have ranked how to best and most cost-effectively invest to solve many of the world’s seemingly insurmountable problems,…
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