Business and Economy
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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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91 companies tender bid for NNPC Coastal, Bunkering Vessels Service contract; as Kachikwu reaffirms commitment to transparency
The Nigerian National Petroleum Corporation (NNPC), Thursday, embarked on the public harvesting of technical bids submitted by a total of…
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Etisalat, Google highlight e-commerce opportunities for SMEs
Telecommunication network, Etisalat, has called on Small and Medium Enterprises (SMEs) and startup businesses in the country to embrace the…
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All-new Optima: Embodying evolution of Kia’s midsize sedans
With the release of the fourth generation Optima in April, Kia has continued to revolutionize and advance its line up…
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SPDC’s healthcare drive in Bayelsa State reaches 5000 people
About 5000 people in Oloibiri area of Bayelsa State have benefitted from a health outreach organised by the Shell…
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NIMASA reiterates commitment to trade facilitation
The Acting Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Haruna Baba Jauro has reiterated the Agency’s…
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Jauro did not defend Tompolo’s Maritime Security contract — NIMASA explains
The Nigerian Maritime Administration and Safety Agency (NIMASA) has denied reports that it defended a maritime security agreement with former…
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Kachikwu tees-off new era of transparency in NNPC …Commences monthly publication of financial and operational report
In line with its earlier pledge to open up the books of the Nigerian National Petroleum Corporation, NNPC for public…
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Flood: Sokoto State to rely on dry season farming to avert food shortage
Governor Aminu Tambuwal of Sokoto State has said that the state government will engage in massive dry season farming in…
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Oil thefts: Shell asks shippers exporting Nigerian oil to sign guarantee
Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a “letter of comfort” (LoC) to guarantee…
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NPA calls for improved port infrastructure to facilitate export
Managing Director of Nigerian Ports Authority (NPA) Mallam Habib Abdulahi has called for the provision of adequate port infrastructure by…
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COAS Buratai commends NIMASA for combating sea piracy; seeks cooperation on resettlement of IDPs
The Chief of Army Staff (COAS), Lt. General Tukur Buratai has commended Management of the Nigerian Maritime Administration and Safety…
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Widespread smuggling persists in the North – President, Harmonized Traders Union
By MUHAMMAD TUDUNWADA, KANO The President of the Harmonized Traders Union, Dr Bature Abdulaziz, has drawn the attention of the…
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Shell commences production from Bonga Phase 3 project
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has announced the start-up of production from the Bonga Phase 3 project.…
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DMO facilitates bailout for 23 states, helps to restructure N575 billion debts
The Debt Management Office (DMO) has helped to facilitate bailout for 23 states of the federation by working out an…
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ICAEW’s latest Economic Insight report projects mid-term growth for Nigeria’s economy
Nigeria is expected to experience growth in the medium term helped by higher oil prices and the implementation of reforms,…
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Mercedes-Benz thrills at the 66th IAA Motor Show, 2015
Mercedes-Benz put on yet another spectacular display at the famous International Motor show, popularly known as the IAA (International Automobile…
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Dangote set to commission Tanzanian cement plant Oct. 10
Africa’s leading cement manufacturer, Dangote Cement is set to commission its new 3.0 million metric tonnes per annum cement plant…
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Nigeria Exports Crude to the US
Visiting Professor and Fellow of the Emerald Energy Institute (EEI), University of Port Harcourt, Nigeria, Paul Michael Wihbey’s recent prediction…
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SPDC JV sponsors three Nigerian universities to Shell Eco-marathon in South Africa
Students of three Nigerian universities have built cars they will race at the Shell Eco-marathon, Africa (SEMA) in South Africa…
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