Business and Economy
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Orji-Uzor Kalu to Jonathan: Remove fuel subsidy now
Former governor of Abia State, Orji Uzoh-Kalu has called on President Goodluck Jonathan to urgently remove the subsidies on petroleum…
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Fuel crisis throws spotlight on proposed IPP for banks
As more banks announce a return to normal services after the end of a nationwide fuel distribution strike that…
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‘CBN yet to disburse N300bn real sector support facility’
The Central Bank of Nigeria (CBN) has said it is appraising the over 200 applications received in respect of the…
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Mercedes-Benz reveal their new naming
German luxury automobile brand, Mercedes-Benz has put in place a new naming system for its complete model range. The…
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Uba’s action, Abe committee, force Oil Marketers to suspend strike
The prompt action taken by Capital Oil’s Dr. Ifeanyi Uba yesterday, directing that petroleum products should begin to be lifted…
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Le Meridien Ibom Hotel & Resort celebrates 2015 Trip Advisor Certificate of Excellence award
Le Meridien Ibom Hotel & Resort in Uyo, Akwa Ibom State, has announced that it has received a TripAdvisor Certificate…
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SEC suspends BGL from capital market, deregisters Okumagba
The Securities and Exchange Commission (SEC) has suspended the BGL Asset Management Ltd, BGL Capital Ltd and BGL Securities…
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Weststar introduces the powerfully dynamic Mercedes-Benz CLA
While the classic Mercedes-Benz CLS- whose design concept has generated more than its fair share of imitators since its…
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Unaccounted $20bn: Ask your finance commissioners–Okonjo-Iweala replies NGF
Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, Tuesday, swiftly dismissed the demand by the…
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Court halts Jonathan from signing Amended Oil & Gas Bill
A Federal High Court sitting in Lagos has restrained President Goodluck Jonathan, from assenting to the bill for an…
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Obasanjo, Mbeki, Chissano to headline Afreximbank’s 22nd AGM
Three former African Presidents have confirmed their partcicpation in activities marking the 22nd Annual General Meeting of Shareholders of…
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Ford Figo destined to be compact car champion–FMCSA
The all-new Ford Figo is destined to be a compact car champion by offering unprecedented levels of style, feature-rich smart…
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Chartered Institute of Taxation to delist members for tax malpractices
Registrar of the Chartered Institute of Taxation of Nigeria (CITN), Mr Fisayo Awogbade, Sunday, said the institute would delist members…
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Newly-approved Nigeria Maritime University will sustain capacity growth – NIMASA
Nigerian Maritime Administration and Safety Agency (NIMASA) has commended the recent approval given by the Federal Executive Council (FEC)…
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FG harmonises taxes, levies nationwide
Federal Government has announced the harmonisation of various governments tax and levies operational nationwide, following appeals by the Organised Private…
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Dangote, Honeywell partner to operate proposed $9bn Lekki refinery
The much waited Dangote oil refinery has approved the Universal Oil Products, Limited Liability Company, UOP LLC technology to…
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Hyundai celebrates 30th anniversary of Sonata
First Launched Globally in1985-More than 7.3 Million Units in Global Sales Hyundai is celebrating the 30th anniversary for the…
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Afreximbank ‘s syndicated financing deals rake in $8bn into Africa
The African Export-Import Bank (Afreximbank) attracted some $8 billion into Africa in 2014 through the 19 syndicated financing deals which…
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Clearing agents threaten withdrawal of services over Apapa gridlock
Umbrella body of license clearing agents, the Association of Nigerian Licensed Customs Agents (ANLCA) has threatened to withdraw services of…
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Clearing agents threaten withdrawal of services over Apapa gridlock
Umbrella body of license clearing agents, the Association of Nigerian Licensed Customs Agents (ANLCA) has threatened to withdraw services of…
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30, 000 jobs wasting away due to comatose steel sector – Kadiri
Reinvigoration of the steel sector of the Nigerian economy is believed to be one core area the out-going government…
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FG inaugurates committee for 2015 NEPAD Trade Fair
Special Assistant to the President on the New Partnership for Africa’s Development (NEPAD), Amb. Fidelia Njeze, has formally inaugurated a…
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80% of freight forwarders in Nigeria are poor in capacity — Agubamah
National President, Nigerian Association of Air Freight Forwarders and Consolidators (NAFFAC), Mr. C.A.T Agubamah has said that about 80 per…
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West African Development Bank gets USD 20m BADEA boost
West African Development Bank (BOAD), Thursday, received a major financial assistance from the Arab Bank for Economic Development in Africa…
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Blame state governors for workers’ unpaid salaries – Okonjo-Iweala
Minister of Finance, Dr. Ngozi Okonjo-Iweala, Wednesday, absolved the Federal Government of blame over the inability of some state governments…
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