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Jan 25, 2018
A Lagos Division of the Federal High Court has awarded N5.9 billion “special damages” against Multichoice Nigeria Limited in an eight-year-old copyr...
Jan 24, 2018
Airtel will no longer be a party to the process of acquiring the properties of now-defunct Etisalat (which is now known as 9Mobile), and that has come as a shoc...
Jan 12, 2018
Aliko Dangote, Nigerian entrepreneur, is now worth N4.3 trillion naira, a recent Forbes ranking has shown. Nigeria’s 2017 budget was N7.298 trillion and ...
Jan 10, 2018
In a Facebook post, Miss Terry Mango wrote that the matter is being blown out of proportion. Swedish retail chain, H&M has been in the news for its contr...
Jan 10, 2018
Amazon founder Jeff Bezos is now the richest person in the world. The 53-year-old CEO has passed Bill Gates to become the richest person in history. Bezos ma...
Jan 05, 2018
Ibe Kachikwu, minister of state for petroleum, says the federal government has no plan to jack up the pump price of petrol, which is at present fixed at N145 pe...
Jan 05, 2018
Ibe Kachikwu, minister of state for petroleum resources, says there are no plans to increase the price of petrol. There are reports that the minister said the ...
Jan 03, 2018
In reaffirming its commitment to encourage participation of local manufacturers in developing Nigeria’s military industrial complex, The Nigerian Army has...
Jan 02, 2018
The Nigerian Communications Commission (NCC) says it favours “consolidation” in the telecom industry — a stand that will be good news to two c...
Dec 29, 2017
Apple on Thursday apologised to its customers for slowing down performance of older iPhone models and said it would discount replacement batteries for some of i...
Dec 29, 2017
The Depot and Petroleum Products Marketers Association (DAPPMA) says it paid over N90bn to the Nigerian National Petroleum Corporation (NNPC) for petr...
Dec 29, 2017
Confidential internal documents of Royal Dutch Shell suggest that the oil giant capitalised on the 2011 presidential election to arm-twist the federal gove...
Dec 26, 2017
Vice-President Yemi Osinbajo visited the petrol tank depot of Total and Oando in Apapa, Lagos, on Christmas Day to monitor the fuel situation. He was accompani...
Dec 19, 2017
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its nationwide strike. Fortune Obi, national public relations ...
Dec 12, 2017
Apple announced yesterday that they have acquired Shazam. Shazam is a software that allows its users to identify music, movies and TV shows by playing audio cli...
Dec 07, 2017
Nigeria is set to get another new oil refinery as a government push to end fuel imports attracts investors to the industry. Petrolex Oil & Gas Limited plan...
Dec 05, 2017
Maikanti Baru, the group managing director of the Nigerian National Petroleum Corporation (NNPC), has cut short his trip to London, UK, as queues returned to th...
Dec 04, 2017
Mounir Gwarzo, the director-general of the Securities and Exchange Commission (SEC), was suspended by the minister of finance, Kemi Adeosun, for refusing to hal...
Nov 30, 2017
Sterling Bank, the “one-customer bank”, has one customer giving it sleepless nights over a loan that not only went bad but has now snowballed into a...
Nov 21, 2017
The Central Bank of Nigeria (CBN) says biometrics will soon be used for transactions on the automated teller machine (ATM). Pin codes are currently being used....
Nov 17, 2017
The Federal Government has rolled out fresh intervention plan for the rehabilitation of the access roads to Apapa ports.The move, which is expected to bring r...
Nov 16, 2017
The interim forfeiture order placed on bank accounts without bank verification number (BVN) has been revoked after the federal high court in Abuja modified the ...
Nov 08, 2017
If government must build roads, schools, hospitals that impact the lives of people, there is the need for a reliable source of long-term funding structure tha...
Nov 08, 2017
Banks still earn plenty of money, and fees are an important source of profits. That means that people who do pay fees make up for everybody else – sometim...
Nov 06, 2017
Innoson Group, indigenous automobile company, says there is no bench warrant to arrest Innocent Chukwuma, CEO of the company. In a statement signed by Cor...
Oct 23, 2017
Chairman of the Senate committee on Agriculture, Senator Abdullahi Adamu, has called for the arrest and prosecution of the Minister of Agriculture, Audu Ogbeh...
Oct 20, 2017
The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 per cent year-on-year, the Nigeria Bureau of Statistics (NBS), has said ...
Oct 20, 2017
The Central Bank of Nigeria (CBN) has directed deposit money banks and other financial institutions to monitor accounts of customers where fraudulent activities...
Oct 19, 2017
• Lawmakers to begin investigation • 15,000 jobs at risk as dispute lingers • Maritime workers seek early resolution The House of Representati...
Oct 16, 2017
Kemi Adeosun, minister of finance, says the federal government will soon start collecting luxury taxes. Addressing journalists at the annual meetings of the Wo...
Oct 16, 2017
CBN woos correspondent banks Nigerians have been urged to tolerate the recurring borrowings and negotiations as they are temporary and aimed at delivering th...
Oct 10, 2017
Aliko Dangote, Africa’s richest man, has revealed the secret of his business success: self-sufficiency and backward integration, a manufacturing strategy ...
Oct 06, 2017
Vice-President Yemi Osinbajo has described as “absurd” allegations that the Central Bank of Nigeria (CBN) is printing money to support the federal g...
Oct 06, 2017
The Federal Government on Thursday completed the process required for the funding of the reconstruction and rehabilitation of 25 major economic roads in the six...
Oct 05, 2017
-Minster of Agriculture discloses that USA turned down the yams exported from this country because of the poor quality. The minister of agriculture, Audu Ogb...
Oct 03, 2017
-Dangote denies receiving tax incentive from the federal government. -The group also reveals whatever it gets is as applicable to all industry players. Dang...
Oct 03, 2017
-WiFi may become obsolete in a few years time. -Chinese scientists have announced the development of a new technology known as LiFi. With Nigeria still batt...
Sep 29, 2017
An ex-banker was sentenced to death on Friday for his role in a massive fraud case involving millions of dollars of illegal loans, in a scandal that reaches dee...
Sep 28, 2017
Osman Shahenshah and Shahid Ullah, former chief executive officer and chief operating officer of Afren, a London-listed oil and gas exploration business, h...
Sep 27, 2017
About 100 aggrieved contract staff of Whyte Cleon Limited, an In-sourcing subsidiary of First Bank Limited, who claimed to have been wrongfully disengaged fro...
Sep 25, 2017
Details of how illegal arms importers bribed customs officers at the Apapa Port N1.4m in order to prevent the search of the container by them have been reveal...
Sep 22, 2017
London transport authorities announced Friday they would not renew Uber’s licence to operate in the city when it expires on September 30 over public safet...
Sep 06, 2017
The Independent Petroleum Association of Nigeria, IPMAN, on Tuesday commended the efforts of the management of Nigeria National Petroleum Corpora...
Sep 06, 2017
President Muhammadu Buhari • Presidency welcomes news with cautious optimism • How to sustain economic recovery, by experts “Until coming ou...
Sep 06, 2017
Adeyemi Dipeolu, special adviser to the president on economic matters, says despite the exit from recession, the nation’s economic growth “remains f...
Sep 05, 2017
Something’s not right. We’re having trouble connecting to Google. We’ll keep trying… More 2 of 18,265 Print all In new window 5 Interes...
Aug 31, 2017
Feeling poorly after a big night out? A British company is offering its employees the chance to take “Hangover Days” off work by simply texting in t...
Aug 25, 2017
A court on Friday sentenced the billionaire head of South Korea’s Samsung Group, Jay Lee, to five years in prison for bribery. After a six-month trial ov...
Aug 24, 2017
Emerging Market Telecommunications Services Ltd.(EMTS) trading as 9mobile and formerly known as Etisalat Nigeria, has apologised to its subscribers after some d...
Aug 24, 2017
Dangote Group has signed a $450 million Memorandum of Understanding (MoU) with Niger State government to develop an integrated sugar industry in Lavun, with a s...
Aug 23, 2017
A federal high court sitting in Lagos on Tuesday ordered the interim forfeiture of 56 houses linked to Diezani Alison-Madueke, former minister of petroleum reso...
Aug 22, 2017
Singapore’s Ministry of Health said on Tuesday seven major drinks companies, including Coca-Cola and PepsiCo, would limit the sugar content of drinks th...
Aug 21, 2017
Data made available by the National Bureau of Statistics show that 8,663 people lost their jobs in the first half of 2017. In other words, an average of 360 pe...
Aug 17, 2017
The National Bureau of Statistics (NBS) has said government officials received an estimated N400bn in bribes within a year. The bureau made this know...
Aug 17, 2017
Aliko Dangote, Nigerian businessman, says the first thing he will do if he acquires Arsenal football club is to fire Arsene Wenger, the coach. In an inter...
Aug 11, 2017
The Nigerian Communications Commission (NCC) has halted the plans of Globacom Nigeria to offer free data to all its subscribers on Friday. In a letter sig...
Aug 10, 2017
The Socio-Economic Rights and Accountability Project (SERAP) has alleged that the administrations of former Presidents Olusegun Obasanjo, Umaru Musa Yar’A...
Aug 08, 2017
The Director General of Consumers Protection Council (CPC) Mr. Babatunde Irukera has secured a N17 million judgment against Coca-Cola International Company at...
Aug 08, 2017
Acting President Yemi Osinbajo has advised investors willing to take advantage of the opportunities in the Nigerian economy to do so now or risk blaming themsel...
Aug 07, 2017
Over 200 members of the House of Representatives have received brand new exotic cars. The Chairman of the House Committee on Media and Public Affairs, Abdulr...
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