Union Bank of Nigeria Plc, one of Nigeria’s banks recently recapitalised with the injection of $500 million has announced the inauguration of a new board with Mr Dick Kramer of African Capital Alliance, (the core investor in...

NNPC spokesperson Levi Ajumona has blamed the ongoing fuel scarcity and depletion of the country’s strategic reserves on the manner the Nigerian Navy and Nigerian Customs Services discharge the duties at the ports. In a statement released...

The leader of the South African contractors partnering Bi-Courtney Highway Services to reconstruct the Lagos-Ibadan Expressway, Group Five, has demanded a firm commitment from the Federal Government on how to recoup their investment when the project is...

The Senior Staff Association of Communications Transport and Corporations (SSACTAC) has aligned itself with government plans to liquidate the Nigerian Telecommunications Company and its subsidiaries, on the condition that government settles its liabilities to creditors and staff....

The Senate Joint Committee on Establishment, Public Service, States and Local Governments has threatened to arrest the Director-General of the Budget Office, Bright Okogu over his failure to honor an invitation to testify before the committee on...

The Ministry of Environment would be investigated over perceived mismanagement of the ecological funds, the Senate had said. The upper legislative chambers made this known during the second reading of a bill seeking an Act to establish...

The Nigerian Stock Exchange surged up by 1.49%, fueled by gains from the bourse’s most capitalized stock, Dangote Cement (+4.9%). The All Share Index closed just short of the 21,000 mark, settling at 20,926.31 and seems to...

I know of no more encouraging fact, that the unquestionable ability of man to elevate himself is through conscious endeavours. We are therefore what we repeatedly do. I believe excellence then should not be our act but...

Guinness Nigeria has disclosed that it has invested N 55 billion in order to expand its production capacity in Ogba, Lagos and Benin. Speaking on the development during a tour of its new facilities in Lagos, Harrison...

The House of Representatives today vowed not to succumb to treat coming from any group or individuals on the fuel subsidy probe. Speaking with Journalists, the Chairman House committee on Media, Zakari Mohammed disclosed that  members of...