All posts by BusinessNews Staff

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  Europe to ban oil stolen from Nigeria

  The European Parliament is set to stop the purchase of stolen oil from Nigeria in Europe. Any crude oil meant to be sold in the European market is now to be accompanied with a certificate of origin....

  • Posted July 22, 2013
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  Stop threatening Nigeria – Mark warns oil companies

  Senate President, David Mark, has warned international oil companies ,IOCs, operating in Nigeria its frequent threats of leaving the country at a slightest provocation. Mark stated this while declaring open a two-day public hearing on the Petroleum...

  • Posted July 22, 2013
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  FG Loses Control Of Tourism, Hotel Regulation To States

  A PANEL of the Supreme Court of Nigeria has unanimously declared that it is only a state house of assembly that can make laws on tourism or exercise control in the licensing or grading of hotels, restaurants...

  • Posted July 21, 2013
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  N32.2bn fraud: Yar ’Adua, Sanusi, conspired to hijack Bank PHB –Utomi

  Renowned economist Prof. Pat Utomi yesterday told an Ikeja High Court that the late Umaru Musa Yar’ Adua, Central Bank of Nigeria (CBN) Governor Mallam Sanusi Lamido Sanusi and others conspired to steal Platinum Habib Bank otherwise...

  • Posted July 18, 2013
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  Chartered Institute Of Taxation set to tackle multiple taxation in Rivers state

  The newly elected President of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Mark Anthony Chidolue Dike has expressed his administration’s resolve to eradicate multiple taxation in Rivers state. Mr. Dike, who made this declaration in...

  • Posted July 18, 2013
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  Excess Crude Account depleted by $7bn – Sanusi

  The Governor of the Central Bank of Nigeria, CBN, Mr. Lamido Sanusi yesterday raised the alarm on the Excess Crude Account, ECA, which he said had shrunk by $7 billion from the initial figure of $12 billion...

  • Posted July 18, 2013
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  Govt blacklists 12 petroleum marketers over payment fraud

  THE Petroleum Equalisation Fund Management Board (PEFMB) has blacklisted 12 petroleum marketers fingered for trying to cheat government by seeking payment of ‘bridging payment’. Meanwhile, the nation’s major oil marketers have refuted reports of their being fully...

  • Posted July 17, 2013
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  Airtel Nigeria launches Airtel Techies at the shops

  Leading telecommunications service provider, Airtel Nigeria, has deployed mobile device/data experts to its shops to provide customers with data and device solutions to boost their product knowledge and enhance their experience on the company’s products and services....

  • Posted July 16, 2013
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  Akinjide charges FCT chairmen, Councilors on good governance, accountability

  The Honourable Minister of State for Federal Capital Territory (FCT), Oloye Olajumoke Akinjide, on Tuesday, charged the chairmen and councillors of the six Area Councils in the territory to embrace good governance and accountability. She gave the...

  • Posted July 16, 2013
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  Lagos To Demolish 30 Houses In Ebute Meta

  The Lagos State Government has marked 30 defective buildings for demolition at Ebute-Metta area of Lagos, Southwest Nigeria. The action follows the collapse of a building in the area last week in which eight people died. General...

  • Posted July 15, 2013
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