Don't Miss


Latest News

  • Market Cap gains N33 billion in 5 days

    The market capitalisation of entities on the main board closed higher last Friday at N12.100 trillion thus appreciating by N33 billion or 0.28 percent when compared with the preceding week’s closing figure of N12.067 trillion. The NSE...

    • Posted November 11, 2013
    • 0
  • NNPC rejects allegations of sharp practices in crude oil sales

    The Nigerian National Petroleum Corporation (NNPC), on Sunday, denied a report by a Swiss-based agency which accused the corporation of colluding with some local and international oil traders to execute unfair industry practices. Tumini Green, the Acting...

    • Posted November 11, 2013
    • 0
  • FG promises to revive Ajaokuta Steel Company

    The federal government, on Friday, promised to revive the Ajaokuta Steel Company in Kogi State. MakuThe Minister of Information, Labaran Maku, made the promise when the National Good Governance Tour team visited the complex in Ajaokuta. “On...

    • Posted November 11, 2013
    • 1
  • Nigeria, China trade volume hits $6.2bn in six months

    The Project Manager, Brightway International Exhibition Ltd, Mr. David Zhao, has said that the trade volume between Nigeria and China has increased by 18.6 percent with a total of 6.2 billion dollars in the first half of...

    • Posted November 11, 2013
    • 0
  • Sarsoli set to boost investment in rubber industry

    Sarsoli Industries, Nigeria’s representative at the world plastic fair in Germany, has reiterated its commitment towards boosting investment in the industry. The company, which just returned from the biggest plastic and rubber industry trade fair in Dusseldorf,...

    • Posted November 11, 2013
    • 0
  • PFAs target 15 million artisans by mobile phones

    Pension operators under the Contributory Pension Scheme are developing framework to allow about 15 million artisans have Retirement Savings Accounts using the mobile money platform. Although, the Pension Reform Act 2004 does not allow the informal sector...

    • Posted November 11, 2013
    • 0
  • Nigeria now producing armoured vehicles

    AS interest in armoured luxury cars rises among the upper class, some Nigerian auto firms have intensified research work on the armouring technology. Already, an indigenous automobile manufacturer, Proforce Limited, has commenced the production of Armoured Personnel...

    • Posted November 11, 2013
    • 0
  • NSCDC destroys 7 illegal refineries in Edo

    The Nigeria Security and Civil Defence Corps (NSCDC), Edo Command, said it destroyed seven illegal refineries in the state, between Jan. and Nov. 2013. The Commandant of the corps in the state, Mr Chike Ikpeawonwu, disclosed this...

    • Posted November 10, 2013
    • 0
  • Ethiopian Airlines to start 10 weekly flights to Kano

    The Ethiopian Airlines is to begin 10-weekly flights to Kano, Nigeria, within the next few weeks, following an agreement between Nigeria and Ethiopia. Col. Wesenyeleh Hunegnaw, the Director-General of the Ethiopian Civil Aviation Authority (ECAA), told newsmen...

    • Posted November 10, 2013
    • 0
  • New Ayede sub-station: Nebo calls for protection against vandalism

    The Minister of Power, Prof. Chinedu Nebo, on Saturday in Ibadan called on all concerned power consumers to protect the new Ayede 330/132 KV sub-station from vandals. The minister made the call during the formal commissioning of...

    • Posted November 10, 2013
    • 0
  • Nigeria to tackle restrictions in ECOWAS region

    The Nigerian government has promised to prevail on the Economic Community Of West African States (ECOWAS) to allow free movement of Goods and services and stop the harassment of Nigerians at the borders in West Africa. President...

    • Posted November 10, 2013
    • 0
  • I sympathise with power sector pessimists – Dikki

    The Director General of the Bureau of Public Enterprises (BPE), Benjamin Dikki, has expressed confidence that the handover of Nigeria’s power sector to investors will yield desired results, but extended his sympathy to those who do not...

    • Posted November 10, 2013
    • 0
  • Osun government pledges support to pig farmers

    The Osun State Government has said it will do everything possible to support farmers to ensure abundant food production in the state. Dele Ogundipe, the Senior Special Assistant to the Governor on Quick Impact Intervention Programme (QIIP), said...

    • Posted November 10, 2013
    • 0
  • Dana loses N18b to FG shut down

    Barely a month after the Nigerian Civil Aviation Authority (NCAA) suspended the operations of Dana Air for an audit yet to commenced, the airline said it lost $25 million about N18 billion between 2012 when its operations was...

    • Posted November 10, 2013
    • 0