Business

Mark Zuckerberg’s visit gives Nigerian startups much-needed boost

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10 years ago

Facebook founder Mark Zuckerberg’s visit to Nigeria, his first to sub-Saharan Africa, has put the country’s tech businesses firmly in…

Bloomberg: Dangote loses $5.4b

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10 years ago

Bloomberg in its latest Billionaire Index reports that Africa’s richest man, Aliko Dangote has lost $ 5.4 billion in his…

Why Aero Airlines collapsed

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10 years ago

David O. Kuranga The administration of President Buhari announced over a year ago that they plan to overhaul Nigeria’s aviation…

Aero Airline suspends operations

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10 years ago

Aero Contractors Airline suspended all its scheduled services indefinitely from Thursday Sept. 1. The airline’s Chief Executive Officer, Mr Fola…

Cement price hits roof top

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10 years ago

The prices of different brands of cement have increased astronomically leaving builders and home owners complaining seriously about the high…

You don’t need visa to visit Benin Republic – President Talon

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10 years ago

Benin’s President Patrice Talon announced on a visit to Rwanda this week that Africans visiting his country will no longer…

Breaking: Nigeria’s economy officially goes into recession

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10 years ago

Nigeria, one of Africa’s largest economies, has officially gone into recession. Second quarter figures showed a contraction of 2 percent,…

Nigeria, UK sign MoU on return of stolen assets

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10 years ago

The Federal Government has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return…

Gains of Buhari’s trip to Kenya – Presidency

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10 years ago

The Presidency has listed the gains of President Muhammadu Buhari’s participation in the just concluded Tokyo International Conference on African…

CBN issues licence to new International Money Transfer Operators

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10 years ago

The Central Bank of Nigeria (CBN) has issued licence to more International Money Transfer Operators (IMTOs) to operate in Nigeria.…

Nigeria, UK sign MoU on stolen assets

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10 years ago

Nigeria has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return of its…

Ambode appoints Anibaba as new CEO of Lotteries Board

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10 years ago

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday approved the appointment of Mr. Seun Anibaba as the new Chief Executive…

EFCC arrests Ebonyi governor’s brother for N400m scam

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10 years ago

The Economic and Financial Crimes Commission (EFCC) has arrested Austin Umahi, brother to the current governor of Ebonyi State, David…

Ambode moves to clean Ikoyi, Victoria Island off illegal structures, shanties

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10 years ago

Kazeem Ugbodaga Lagos State Governor, Akinwunmi Ambode has set up a committee to clean Ikoyi, Victoria Island off illegal structures…

No prepaid meter, no payment of electricity bill, consumers threaten EKEDC

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10 years ago

Electricity consumers in Ijeshatedo in SuruLere Local Government Area, Lagos State, have threatened not to pay their monthly electricity bills…

Breaking: Militants blow up another pipeline in Delta

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10 years ago

Niger Delta militants have blown up another major pipeline in Delta State despite the ongoing military “Operation Crocodile Smile” in…

Apple hit with $14.6 billion tax bill

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10 years ago

Ireland must recover up to 13 billion euros ($14.6 billion) in unpaid taxes from Apple, Europe’s top regulator ruled on…

Lawyers, judges not vultures – EFCC

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10 years ago

Nigeria’s Economic and Financial Crimes Commission, EFCC, said Nigerian lawyers and judges ”are peopled by very many seasoned, upright members,…

Power supply restored to MMIA – FAAN

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10 years ago

The Federal Airports Authority of Nigeria (FAAN) said on Monday that electricity supply had been fully restored to the Murtala…

Building Collapse: FHA seals premises, orders investigation

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10 years ago

Professor Mohammed Al-Amin, Managing Director, Federal Housing Authority (FHA), says the authority has sealed the site of the collapsed building…

Presidency dismisses reported probe of Emir of Kano, Soludo

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10 years ago

The Presidency on Monday refuted social media reports that the tenures of Emir of Kano, Dr Muhammadu Sanusi and Prof.…

Economic recession, a blessing to Nigeria – Prof. Utomi

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10 years ago

Jethro Ibileke/Benin‎ ‎ Nigerian economist and founder of Lagos Business School, Prof. Pat Utomi, on Monday shocked many when he…

CSOs protest in Lagos over budget padding

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10 years ago

A coalition of over 30 Civil Society Organizations, CSOs, on Monday took to the streets of Lagos to protest against…

3 men bolt with N6.5m container in Lagos

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10 years ago

Three men, who allegedly stole a container laden with goods worth N6.5 million, were in Lagos on Monday charged before…

Ambode appoints new LIRS chairman

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10 years ago

Lagos State Governor, Mr. Akinwunmi Ambode on Monday nominated Mr. Ayodele Hamzat Subair for confirmation by the State House of…

Indonesia, Nigeria trade volume falls to $1.75bn

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10 years ago

The Indonesian Ambassador to Nigeria, Ambassador Harry Purwanto, said the volume of trade between Nigeria and his country reduced to…

Lagos gives 14-day ultimatum to owners of illegal structures in Ikoyi

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10 years ago

Kazeem Ugbodaga The Lagos State Government on Sunday read the riot act to all owners of illegal structures, shanties, street…

Ambode issues ultimatum for delivery of Berger expansion projects

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10 years ago

Kazeem Ugbodaga Lagos State Governor, Akinwunmi Ambode at the weekend issued December ultimatum to the contractor handling the multi-faceted expansion…

More money for Agriculture in 2017 – Buhari

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10 years ago

President Muhammadu Buhari says the Federal Government will sustain concrete measures to diversify the economy by devoting more resources to…

Lagos reads riot act to land grabbers

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10 years ago

Kazeem Ugbodaga The Lagos State Government has read the riot act to land grabbers in the state, saying it will…

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