Business and Economy
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Ford unveils first made-in-Nigeria Ranger truck; plans 10 units per-day
Ford’s new Nigerian assembly plant has built its first model and will produce an initial 10 vehicles a day for…
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Airtel repositions for Next Growth Phase; plans rightsizing of workforce
Airtel Nigeria has announced plans to embark on a strategic restructuring intended to fully reposition the business and ‘reinforce its…
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Under President Buhari, there will be no diversion of public funds – Minister
The Minister of Information and Culture, Alhaji Lai Mohammed, has dismissed as a contrived distraction, the alleged fraud in the…
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Ambode invites OPS, entrepreneurs to tap into rapidly growing investment business climate in Lagos
Lagos State Governor, Mr Akinwunmi Ambode on Sunday invited members of the Organised Private Sector and entrepreneurs to take advantage…
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Ambode sends N25B Employment Trust Fund Bill to Assembly …..Proposes five-year single tenure for LASU VC
Lagos State Governor, Mr. Akinwunmi Ambode has sent the Employment Trust Fund Bill 2015 to the State House of Assembly…
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GT Bank unveils SKS Young Inventor Competition
Foremost financial Institution; Guaranty Trust Bank (GTBank), has unveiled the SKS Young Inventor Competition which is expected to run between…
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Oil, gas sector facing sharp low revenues — NNPC boss, Kachikwu
Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr Ibe Kachikwu, Monday, disclosed that industry was facing a sharp…
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(Photonews) ‘Dinner with His Excellency’ organized by Lagos State Security Trust Fund at Victoria Island
Lagos State Governor, Mr. Akinwunmi Ambode discussing with the Corporate Affairs Adviser, Nigerian Breweries PLC., Mr. Kufre Ekanem and the…
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SNEPCo promotes (M)Ethanol clean cookstoves in drive for safer cooking method in Nigeria
Shell Nigeria Exploration and Production Company (SNEPCo) has signed an agreement with Project Gaia Prospects Limited (PGPL) for the conduct…
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Zenith Bank emerges most traded stock; as Investors stake N5.07bn on sell pressure
The volume of shares traded on the Nigerian Stock Exchange (NSE), Thursday increased by 62.56 per cent amid sell pressure.…
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Arik Air rewards passengers big with surprise gifts
Arik Air, West and Central Africa’s largest carrier, is rewarding passengers with surprise gifts mid-flight in what the company calls…
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DMO restructures N576bn bank loans of 23 states into FGN bonds
The Debt Management Office (DMO) has said it restructured the N575.516 billion bank loans owed by 23 states into Federal…
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Fidelity Bank Q3 Gross Earnings grow to N106.6bn
Fidelity Bank Plc, one of Nigeria’s most capitalized financial institutions has released its third quarter result for the period ended…
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SPDC JV collaborates with PETAN, foreign manufacturers on Nigerian content
The development of indigenous manpower for the oil and gas industry received a boost last Friday as 40 engineering and…
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Reorganisation of Customs: New DCGs, ACGs appointed
The Comptroller-General of Nigeria Customs Service, Colonel Hameed Ali (rtd), has approved the appointment of six acting Deputy Comptrollers-General of…
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Arik Air launches customized Air Travel Insurance
Arik Air, West Africa’s largest carrier has launched a customized air travel insurance aimed at taking passengers flying experience to…
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Union Bank rebrands, unveils new Logo
In line with the change mantra pervading the corporate and political landscape in Nigeria, Union Bank of Nigeria Plc (Union…
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Top dignitaries grace Air Peace @ One Anniversary celebration
Top industry players graced the one year anniversary celebration of the Air Peace Limited marked with fanfare at the Sheraton…
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Arik Air increases frequency on Lagos, Douala route
Arik Air, West and Central Africa’s largest airline, has increased frequency on the Lagos to Douala via Cotonou route from…
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DMO concludes restructuring of 23 states’ N575.516 billion banks’ loans into FGN Bonds
The restructuring of the short-term bank loans of 23 states into long-term Federal Government of Nigeria, FGN, Bonds by the…
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CBN clears Letters of Credit established before forex restriction
The Central Bank of Nigeria (CBN) has stated that Letters of Credit established before the date of the June 23,…
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DMO boss congratulates GOCOP on its launch
The Director General of the Debt Management Office, Dr. Abraham Nwankwo, has said the online news platform is a critical…
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