Toyota invests in creativity through film
Toyota Nigeria Limited has invested in creativity by funding a film titled, ‘October 1st’ as part of its corporate social responsibilities. The Executive Director, TNL, Mr. Kunle Ade-Ojo, at a press...
View ArticleEcobank absolves chairman of financial impropriety
Ecobank Transnational Incorporated’s board of directors said there had been no financial impropriety by its Chairman, Mr. Kolapo Lawson, after he repaid loans to the bank. The Asset Management...
View ArticleFBI finds holes in system protecting economic data
The Federal Bureau of Investigation has discovered vulnerabilities in the government’s system for preventing market-moving economic reports from leaking to traders before public release, The Wall...
View ArticleMay & Baker reports 29% rise in profit
May & Baker Nigeria Plc said it recorded significant growth in sales and profit in the first half of the year. A statement by the company’s Head, Corporate Communications, Mr. Eugene Olewuenyi, on...
View ArticleGenesis Analytics appoints new country director
Genesis Analytics, a South African firm which provides banking support services, has announced that it is expanding its capacity in Nigeria. This comes with the appointment of Ada Phil-Ugochukwu, who...
View ArticleNCAA won’t compromise on safety – DG
The Director-General, Nigerian Civil Aviation Authority, Mr. Fola Akinkuotu, has advised airlines in the country to adhere strictly to aviation regulations, insisting that the agency will not...
View ArticleTackling the scourge of youth unemployment
A survey result recently announced by NOI Polls identified unemployment and poverty as the major causes of drug and substance abuse by teenagers and young adults in Nigeria. ADEMOLA ALAWIYE highlights...
View ArticleFRSC urges road users to be safety conscious
The Kwara State Sector Commander, Federal Road Safety Corps, Mrs. Mary Wakama, has urged all road users to adhere strictly to the traffic rules and regulations. She stated that the advice was...
View ArticleNNPC, Shell disagree over $700m loss claim
The Nigerian National Petroleum Corporation on Tuesday refuted the claims that Royal Dutch Shell, an international oil company with operations in the country, lost $700m in the second quarter of this...
View ArticleForeign investors increase stake in Nigerian insurance firms
There has been an increase in foreign equity participation in the Nigerian insurance industry due to renewed interest by international investors, investigations have shown. According to figures from...
View ArticleSeverance package: FG begins payment of PHCN workers
The Federal Government has commenced the payment of the severance packages of employees of the Power Holding Company of Nigeria in preparation for the conclusion of the privatisation of the power...
View ArticleNCDMB battles Total, Samsung over $15bn Egina project
The Nigerian Content Development and Monitoring Board has faulted Total Upstream Nigeria Limited and Samsung Heavy Industries over non-compliance with the Nigerian Content Act in the development of the...
View ArticleTelecoms companies, NCC disagree over number portability sanctions
Telecommunications network operators under the aegis of the Association of Telecommunications Companies of Nigeria and the Nigerian Communications Commission have disagreed over the resolution of the...
View ArticleNEITI confusing Nigerians with audit report – PPPRA
The Petroleum Products Pricing Regulatory Agency on Tuesday said the Nigerian Extractive Industries Transparency Initiative was confusing the public with its recently released audit report of the oil...
View ArticleNice Systems to buy Causata after profit rise
JERUSALEM: Israel-based software provider Nice Systems agreed to buy United States data firm Causata after reporting a rise in quarterly results, boosted by big gains in its products that analyse data...
View ArticleStorage: Cooking gas dealers seek FG’s support
The Nigerian Liquefied Petroleum Gas Association has called on the government to provide the enabling environment for private investors to fund the construction of strategic storages in the country....
View ArticleOil price: Brent prices dip
Brent crude futures slipped on Wednesday towards $108, dropping for a fourth straight day, as supply worries eased and on caution ahead of data from China and the United States, the world’s two top oil...
View ArticlePublic spending cuts only 40% over — Study
LONDON: The eight-year programme of cuts to budgets for running Scottish public services is only 40per cent over, the British Broadcasting Corporation reported on Wednesday. That is the finding of a...
View ArticlePenCom refunds N6bn pension contributions to security operatives
Following the exit of the Nigerian armed forces and the State Security Services from the Contributory Pension Scheme, the National Pension Commission has refunded about N6bn into the pension accounts...
View ArticleMarket capitalisation falls by N60bn
The equities section of the Nigerian Stock Exchange extended its losses on Wednesday with major indicators falling. Specifically, the market capitalisation of the listed equities shed 0.49 per cent or...
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