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Business

Nestle Launches Association For Food Vendors

In a bid to increase market share and broaden its Nutrition, Health and Wellness business platform, Nestlé has launched Maggi…

Leaders set date for Euro zone crisis summit

The leaders of Italy, France, Germany and Spain will hold a summit on the eurozone crisis on June 22 in…

Hijacking: Crew Sues Ship Owner, Operator

More than half of the former crewmen of the Maersk Alabama have now filed lawsuits against Maersk Line Ltd., the…

Goodbye dollar as China, Japan swap currency

China and Japan started direct currency trading on Friday as Beijing marked another stage on its journey to foster the…

oil prices continue to fall

Brent oil prices sank under $100 a barrel on Friday for the first time in eight months, hit by weak…

IMO, Abuja MoU Host Maritime Administrators

The International Maritime Organisation (IMO) in conjunction with Memorandum of Understanding on Port State Control (PSC) for West and Central…

‘Why We Have Not Resumed At Ajilete’

The Nigeria Customs Service checkpoint at Ajilete is yet to resume operation at the border town, operatives of the Ogun…

‘Ports Reforms On Course’

Contrary to insinuations that the committee set up by the government to reform the ports has gone to sleep, the…

Customs Officers Disobey CGC, Frustrate Smooth Cargo Clearance

Making a mockery of the fabled strict adherence of Nigeria’s military and paramilitary personnel to the command structure of the…

Crude oil prices slump

Oil prices dived to fresh multi-month lows Thursday, driven by weak data in top global crude consumer the United States,…

BAT Debunks WHO’s Industry Interference Accusation

British American Tobacco today rejected accusations of so-called “industry interference” in public health policymaking by the World Health Organisation and…

Peacock Group Unveiled in The UK

Fast growing Nigerian Travel Management Company, Peacock Travels and Tours Limited, has opened five new subsidiaries in the United Kingdom,…

N4 Billion Debt: Bank Urges Court To Wind Up Company

In a bid to recover a debt of N4.2 billion, Diamond Bank has filed a wind up petition against a…

Nigerian bankers sweep AFDB awards

Two Nigerians, Mr Arnold Ekpe and Mr Olusegun Agbaje on Thursday took two prestigious awards at the annual bankers award…

Peugeot Unveils Compact 301

Peugeot has released the first images and information on its new 301, a compact global sedan aimed at conquering new…

Toyota Motors Back On Top

Japan’s Toyota Motor has regained its position as the world’s number one automaker in the first quarter of 2012, stealing…

Kia Motors Vows To Become Premium Brand By 2017

Kia Motors has vowed to cultivate its brand power to rival that of European and Japanese automakers within five years,…

Mercedes Benz C200 BlueEfficiency

Mercedes-Benz has introduced a new entry into the market – the new C200 BlueEfficiency. The front and rear sections of…

Panel blames PHCN’s CEOs for firm’s inefficiency

A committee set up to look into metering and electricity supply in Nigeria has faulted chief executive officers of PHCN…

You Have A Case To Answer —Court Tells Akingbola

A Lagos High Court sitting in Ikeja Wednesday ruled that the embattled former Managing Director of defunct Intercontinental Bank, Erastus…

House Begins Review Of 2012 Budget

The Committee on Economic Planning and Budget of the Lagos State House of Assembly has commenced a quarterly review of…

Nigeria leads S/Africa in internet usage

Internet penetration in South Africa, the continent’s economic powerhouse, is low compared to other leading economies in Africa due to…

Banks still shut in OOU, Ijebu-Igbo

Longe Omolaja/Ago Iwoye, Banks on the campus of Olabisi Onabanjo University in Ago Iwoye are still shut despite the efforts…

Etisalat Lights Up DELSU With Cliqfest

Nigeria’s most youth-friendly telecommunications company, Etisalat last week ignited the spirit of competition among students of the Delta State University…

Facts, Lies Of American Hospital Project

New facts emerge on the brewing crisis over the proposed American Hospital project in Abuja, as allegations of forgery fly…

Women now lead Mexico’s drug cartels

The high mortality rate in Mexico’s drug war has seen women progress quickly in the shadowy underworld of the cartels…

Nigerian stock market closes higher

Shares worth N2.95 billion were traded in 3,435 deals on the Nigerian Stock Exchange on Friday. This was against the…

Customs Seizes N101bn Goods Over False Declaration At Lagos Port

As a fallout of the cancelled benchmark scheme on imported items, the Nigeria Customs Service (NCS) few days ago clampdown…

Inadequate Funding Hinders Maritime Growth

Inadequate understanding of the workings of the maritime industry by Nigerian banks in formulating policies has been identified as the…

Piracy Bill Presented To Stakeholders

The Nigerian Maritime Administration and Safety Agency (NIMASA) has presented a Draft Bill on Piracy and Other Unlawful Acts at…
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