Business

The obscene looting of Nigeria’s wealth, NIMASA style!

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13 years ago

How much does a new 200KVA generator cost? Either basic or soundproof, the cost is less than N20million. But an…

SAHCOL Acquires Modern Equipment

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13 years ago

A Nigerian ground handling company on Tuesday unveiled newly acquired state-of-the-art equipment suitable in handling wide body aircraft and heavy…

Epic Oil Theft

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13 years ago

Activities of big time oil theft syndicates, abetted by powerful political figures, tonnes of cash and military-style weapons, threaten to…

Coach Keshi Receives Glo branded Cars

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13 years ago

Super Eagles’ chief coach, Stephen Keshi was full of praises to the Chairman of Globacom, Dr Mike Adenuga Jr, for…

Nigerian Bizman charged with piracy

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13 years ago

The National Copyright Commission has charged a Nigerian businessman identified as Emmanuel Udeze, to the Federal High Court sitting in…

Chanchangi airline gets Ethiopian court ultimatum over debt

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13 years ago

An Ethiopian Federal High Court sitting in Addis Ababa has given Nigeria’s struggling Chanchangi Airlines (CAL) a one-month ultimatum to…

Access Bank releases first quarter of negatives

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13 years ago

Nigeria’s Access Bank plc has published its unaudited first quarter result for this year, with nothing salutary, compared with last…

ECOBANK targets higher profit in 2013

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13 years ago

The Group Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Mr Thierry Tanoh, said on Monday that the bank was…

Katangowa Traders Frown Over Relocation

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13 years ago

Traders in Katangowa market have expressed dissatisfaction over the proposed move to relocate the market. Speaking with P.M.NEWS BusinessWeek, Chairman,…

Akingbola seeks court’s nod to travel for medical treatment

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13 years ago

Henry Ojelu The embattled former Managing Director of Intercontinental Bank Plc, Erastus Akingbola, has filed a motion before an Ikeja…

Banks Delay CVFF Disbursement

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13 years ago

As the Nigerian Maritime Administration and Safety Agency (NIMASA) prepares to disburse the long-awaited Cabotage Vessel Financing Fund (CVFF) this…

Firm Invests N15bn In Alternative Fuel Technology

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13 years ago

Sagas, a division of Borkir Energy Company Limited, a subsidiary of Dangote Group has invested $100 million (about N15 billion)…

Tafa Balogun After Me, Currency Dealer Cries Out

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13 years ago

A bureau de change operator at the Murtala Mohammed International Airport, Lagos, Alhaji Usman Sani has dragged the former Inspector…

Arik Air Cabin Attendants Threaten Strike

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13 years ago

Simon Ateba/Aviation correspondent Flight Attendants at Arik Air have warned they may soon go on strike, after Nigeria’s largest airline…

Aero Contractors Sacks HR director

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13 years ago

Simon Ateba/Aviation correspondent Workers at Aero Contractors, Nigeria’s second largest airline, erupted in jubilation on Friday, after learning that the…

I Will Not Rest Until… —Grasscutter Farmer

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13 years ago

For the Chief Executive Officer, Jovana Farms, Prince Arinze Onebunne, raising grasscutter has become second nature. He said the production…

Facebook unveils phone with Facebook features

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13 years ago

Facebook on Thursday in Menlo Park, California, unveiled a software suite which stakes out a “home” on Android smartphones as…

5 oil thieves remanded in Ikoyi Prison

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13 years ago

A Federal High Court in Lagos Nigeria on Thursday remanded five suspected oil pipeline vandals at the Ikoyi Prisons in…

MEND faction denies planned attacks over Okah

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13 years ago

A faction of the Movement for the Emancipation of Niger Delta, purportedly headed by Henry Okah now in jail in…

Nigeria’s NLG gives Samsung Heavy $900 mn order

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13 years ago

South Korea’s Samsung Heavy Industries said Thursday it had won a $900 million order to build four gas container ships…

Oil Theft: Lawyers Disagree With David Mark On Death Penalty

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13 years ago

Some lawyers in Lagos on Wednesday described the suggestion of death penalty for illegal oil bunkering as unrealistic, in view…

Access Bank declares 60k dividend

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13 years ago

Nigeria’s Access Bank has proposed a final dividend of 60k per share to all its shareholders for the financial year…

Hyundai, Kia recall 1.9m vehicles sold in US

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13 years ago

South Korean automakers Hyundai and Kia are recalling nearly 1.9 million vehicles in the United States to fix brake lights…

Cell Phones Reduce Patronage For Wristwatches

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13 years ago

Some wristwatch dealers in Lagos on Tuesday said the introduction of cell phones had caused a drop in the sale…

Lagosians To Enjoy Free Bus Ride For 1 Month

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13 years ago

Thousands of residents in Lagos State, southwest Nigeria, will enjoy free BRT rides throughout the month of April, RLG Communications…

Shell To Shut Plundered Nigeria Oil Pipeline

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13 years ago

Shell plans to temporarily shut a key oil pipeline in southern Nigeria later this month to repair damage caused by…

Dana Air Crashes Fares

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13 years ago

Dana Air has crashed fares on its Lagos-Abuja-Lagos route to N15,300, the airline said in a statement on Tuesday, as…

Cairo airport to shut partially

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13 years ago

Cairo’s international airport will be partly closed at night due to fewer incoming flights and to save energy, reports said…

5 petrol thieves arrested in Lagos

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13 years ago

Five petrol thieves, who siphon fuel from the pipelines of the Nigerian National Petroleum Corporation, have been arrested in Lagos.…

Niger Delta fishermen want N4.32b from Shell

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13 years ago

The Artisan Fishermen of Nigeria (ARFAN), Niger Delta Region, has demanded N4.32 billion compensation from Shell Nigeria Exploration and Production…

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