The Chief Justice of Nigeria, CJN, Justice Dahiru Musdapher, has banned the use of plea bargain and trial in Nigeria by public parade against suspected criminals and corrupt public office holders. This is coming at a critical...

Nigeria’s economic growth slowed slightly in the third quarter to 7.4 percent year-on-year as oil output dipped, but a rise in headline inflation in October strengthened expectations for an interest rate rise next week. Gross domestic product (GDP)...

STAKEHOLDERS in the shipping and maritime sectors have called on President Goodluck Jonathan to appoint professionals in all the departments of the Nigerian Maritime Administration and Safety Agency NIMASA, pointing out that the organization has become more political than...

The Managing Director/CEO, of Dangote Cement, Shree Junnarkar, disclosed that 26,000 workers are now on Dangote Cement’s payrolls across West Africa, He added  that out of this figure, in Nigeria, the Group’s Savannah Sugar Company Limited (SSCL),...

The Stock Market declined for the second day in a row, shedding 15 points today and bringing the All Share Index to 20,372.92. Forte Oil consolidated on previous day gains and took the full 500 points allowed,...

Honeywelll Flour Mills has released its Q2, 2012 results, reporting a net income of N 941 Million. The company reported a marginal increase of 2.5% in Revenue which was N 18.7 Billion, up from N 18.2 Billion...

In the beginning was the internet, it thrives on free web content and by that transformed the world of journalism. But that era might be receding into the past as companies find ways to monetize. Web content...

The dust might be finally settling down after AMCON cash injections in frail banks. But trust has been orphaned. Before now credit which was the lifeblood of the economy stopped flowing and banks refused to lend to...

NNPC reveals that two local firms had completed the purchase of 45 per cent stakes in two onshore oil blocks, previously owned by Shell, Total and Eni. NNPC provided that First Hydrocarbon Nigeria (FHN), owned by Afren,...

  THE Managing Director of Unity Bank Plc, Mr. Ado Wanka reveals at the Unity Bank Day of 2011 Lagos Trade fair that the bank had financed the purchase of BRT buses to the tune of $6.3...