Business and Economy
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FG to spend over N1bn as compensation for codeine seizures — NAFDAC boss
By Olanrewaju Akojede/Joan Odafe Lagos, April 29, 2019 Prof. Moji Adeyeye, the Director-General, National Agency for Food and Drug Administration…
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40 Years of G-Class: Weststar Celebrates the Iconic Off-Roader in Nigeria.
The G-Class is the top model among luxury off-road vehicles. It is not only the passenger car model series with…
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OML 29 Operator, Aiteo restructures appoints new Executives
The management of Aiteo Eastern Exploration and Production, has announced the appointment of senior executives to drive the operations of…
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NBS says Akwa Ibom had highest unemployment in Q3, 2018
By Cecilia Ologunagba Abuja, April 26, 2019 The National Bureau of Statistics (NBS) has said that Akwa Ibom reported the…
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ExxonMobil commits N2.052bn to fight malaria
By Yunus Yusuf Lagos, April 25, 2019 ExxonMobil says it is committing $5.7 million (N2.052billion) to support local and global…
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NLNG vs NIMASA: Deconstructing the N126b feud
The lingering feud between the Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigeria Liquefied Natural Gas (NLNG) Limited amplify…
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NIMASA makes IMO representative Director; Promotes others too
The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the promotion of the Nigerian Alternate…
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Over 4m people jobless in Kano, says University Don
By Abbas Bamalli Kano, April 20, 2019 The Dean of Dangote Business School, Bayero University Kano, Prof. Murtala Sagagi, says…
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AAMA reiterates commitment to building competitive African maritime sector …Dakuku hails participants commitment
The Chairman of the Association of African Maritime Administration (AAMA), Dr. Dakuku Peterside has reiterated the commitment of the African…
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Zenith Bank Plc sustains market dominance with improved profitability
In the first quarter ended 31 March 2019, Zenith Bank Group recorded improved numbers across key metrics, driven by a…
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Google announces Certifications Scholarships for 30,000 Africans
By Chiazo Ogbolu Lagos, April 15, 2019 Google on Monday said it was offering scholarships to 30,000 mobile developers as…
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Shell delivers N150m capacity development programme for Bonny youths
No fewer than 12 young entrepreneurs from host communities to the Bonny Oil and Gas Terminal in Rivers State have…
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Warri-Itakpe Railway project ready for commercial activities — Amaechi
By Kazeem Akande/Uchediunor Augusta/Taiye Elebiyo-Edeni Delta, April 11, 2019 The Minister of Transportation, Mr Rotimi Amaechi on Thursday said that…
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Prof Chijioke Nwaozuzu appointed Director, Emerald Energy Institute of Federal University of Port Harcourt
Prof Chijioke Nwaozuzu has been appointed the new Director at the Emerald Energy Institute, Federal University of Port Harcourt, Nigeria.…
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Zenith Bank appoints Ebenezer Onyeagwu GMD/CEO effective June 1, 2019
Zenith Bank Plc. has announced the appointment of Mr. Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank effective…
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‘Konga has grown over 750% in value’
Konga, Nigeria’s foremost retail giant,has achieved over 750 percent improvement on its valuation since its acquisition by the Zinox Group…
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Decentralising port operations and ending the chaos in Lagos By Mazi Sam Ohuabunwa
LAST week, I was trapped for hours on the Isolo-Apapa Expressway in an unprecedented traffic gridlock. Many lanes of the…
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OML 29: Litigation by Aiteo’s host community will not affect oil production –Minister
Minister of State for Petroleum Resources, Dr Ibe Kachikwu has said that the legal redress sought by the Nembe communities…
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FG determined to improve its revenues – Udoma
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Tuesday in Abuja, emphasised that the Federal Government…
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Air Peace, Embraer sign $2.1bn deal for 30 brand new E195-E2 jets
By Adekunle Williams and Solomon Asowata Lagos, April 3, 2019 Nigerian carrier, Air Peace says it has signed a…
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Human element affects port efficiency – Amaechi
By Aisha Cole Lagos, April 2, (2019) The Minister of Transportation, Mr Rotimi Amaechi, says inability to do away with…
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Seplat advocates public, private sectors’ investments in safety
By Yunus Yusuf Lagos, April 2, 2019 Seplat Petroleum Development Company Plc, has urged public and private sectors to invest…
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