Business

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  Pepsi Releases 3rd Quarter Earnings ahead of analysts Estimates

  The World’s second most popular soft drink manufacturing company Pepsi Co has announced better...

  • Posted October 12, 2011
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  President Goodluck Jonathan sacks 10 agencies from ports

  President Goodluck Jonathan yesterday  approved the sack of 10 agencies from the nation’s seaports. The...

  • Posted October 11, 2011
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  Pipeline explosion leads to Shell force majeure

  An explosion at a pipeline in Nigeria has led Shell to declare force majeure...

  • Posted October 11, 2011
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  Sirius Petroleum eyes first marginal oil field project in Nigeria

  Sirius Petroleum  has signed an agreement that could lead to it taking a 40%...

  • Posted October 11, 2011
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  FG plans N100b power subsidy for low income earners

  The Federal Government is to inject N100 billion in the 2012 budget as subsidy to...

  • Posted October 10, 2011
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• AP sacks 100 staff

  African Petroleum (AP) Plc, one of the country’s leading downstream companies, has begun downsizing its workforce...

  • Posted October 10, 2011
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  Arik Air Orders Two Boeing 747-8 Intercontinental’s

  Arik Air Ltd. finalized Thursday an order to purchase two 747-8 Intercontinental airplanes from...

  • Posted October 8, 2011
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• Recapitalisation: NAICOM moves to stop ‘hot money’

  The National Insurance Commission (NAICOM) has adopted measures to ensure that stolen funds are not...

  • Posted October 7, 2011
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  NNPC seeks $1.5 billion loan from international lenders

  Nigerian National Petroleum Corporation, NNPC, is making plans to secure a $1.5 billion, five-year...

  • Posted October 7, 2011
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  Nigeria cannot develop without borrowing – Bismarck Rewane

  The Managing Director and Chief Executive Officer, Financial Derivatives Company Limited (FDC), Mr. Bismarck...

  • Posted October 7, 2011
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