GE, Transcorp To Collaborate on Ughelli Power Refurbishment, Expansion
The managements of Transcorp, led by Tony Elumelu and GE, Jeffery Immelt…
Nigerian Crude Exports Decline As Buyer Countries Develop Alternatives
Nigeria’s oil export faces a difficult 2013 as America’s policy of relying…
30 Seconds Super Bowl Television Commercials Cost N 600 million
It happens pretty much every year: The price of a 30-second commercial…
Transcorp, GE Sign Deal On Power
In order to address the infrastructural needs of the country, Transnational Corporation…
Dutch Court Orders Shell Nigeria To Compensate Nigerian Fish Farmer
In a landmark trial brought against the Royal Dutch Shell Plc., Europe’s…
Are More People Flying: Resumption Of Dana, Chanchangi Causes Drop In Airline Ticket Prices
Investigations have revealed that the resumption of flight operations by Dana Air…
FG Releases $1bn From Excess Crude Account For State Governments
The Rivers State Governor, Rotimi Amaechi, has announced that President Goodluck Jonathan…
Fidelity Bank To Issue $100 Million Corporate Bonds
Fidelity Bank has unveiled plans to issue $100 million in two year…
Access Bank Ordered To Withdraw Charges Filed In London Against Capital Oil
A Federal High Court in Lagos yesterday directed Access Bank Plc to…
Dutch court to rule in Nigerian farmers’ case against Shell
Two Nigerians have been arrested by Thai police for running a global…
CBN Kicks Maduka Off Access Bank Board
The Central Bank of Nigeria, CBN, has sacked Dr Cosmas Maduka, the…
CBN Introduces Three Tiered KYC Requirements
The Central Bank of Nigeria has introduced new three-tiered KYC requirements in…
Lawmakers Defeat Bill To Protect Dangote’s Monopoly
Lawmakers sitting in the House of Representatives yesterday, shut down a motion…
CBN Introduces New Deposit Limits For Account Holders
The apex regulatory body for financial institutions has released a new set…
Private Jet Ban Affects Oyedepo’s New Acquisition Plans
It has been revealed that the planned ban on the purchase of…
Six States To Experience Blackout For 2 Days – TCN
The Transmission Company of Nigeria, which operates the National Grid, has said…
Google Chairman, Schmidt Visits Nigeria, Talks Innovation With Fashola
Chairman of Google, Eric Schmidt was in Nigeria and Kenya last week.…
Who is Africa’s youngest billionaire? (Get Familiar)
31 year old Ashish Thakkar is Africa’s youngest billionaire. Born in Uganda,…
We Cannot Sell N97 Per Liter In East – Petrol Marketers
The Independent Petroleum Marketers Association of Nigeria, IPMAN, Eastern Zone, has said…
SGBN Resumes Operations As Heritage Bank
The beleaguered Societe Generale Bank of Nigeria (SGBN) is set to resume…
CBN Auditors Commence Probe Into N2.1bn Mint Scandal
The audit panel set up by the Central Bank of Nigeria to…
Reps To Investigate Delyas In Port Decongestion
The House of Representatives have set up a joint committee to investigate…
FG Reveals Second Set Of 11 Airports to Be Remodeled
The Federal government has said that a second set of 11 airports…
First Private Gas Power Plant In Nigeria To Begin Operations March, Owned By Nnaji
A 140 Mega Watts capacity gas driven power plant being constructed in…
FG In N480bn Agric Financing Deal With The US
The Federal Government signed a $3bn (N480bn) agriculture financing agreement with the…
NCAA Boss, Dana Air Must Go – Reps
The House of Representatives in its Thursday sitting insisted that its resolution…
Money Laundering: Judge’s Absence Stalls Lamido’s Son’s Arraignment
The absence of Justice Shehu Yahaya Wednesday stalled the planned arraignment of the…
$2.2bn Insurance market To Triple by 2017 – Fola Daniel
Nigeria plans to take the worth of its insurance industry from $2.2bn…
Police IG, Others Sued For N10bn By Ubah
The chairman of Capital Oil and Gas Limited, Dr Ifeanyi Ubah has…
Farmers To Pay For Their Phones – Agric Minister
Dr. Akinwunmi Adesina, the Minister for Agriculture has indicated again that the…