Breaking News
Home / BUSINESS (page 3)


Petrol stations shut as fuel scarcity worsens


The ‘Fuel War Room’ activated by the Nigerian National Petroleum Corporation (NNPC) to end petrol scarcity within two days is not yielding much result as many filling stations were locked yesterday in many cities across the country. Our reporters witnessed long queues at petrol stations in few stations that opened ...

Read More »

EFCC arrests Innoson boss Innocent Chukwuma


The chief executive of Innoson Technical Manufacturing Company, Enugu, Chief Innocent Chukwuma was yesterday arrested by operatives of the Economic and Financial Crimes Commission (EFCC) over alleged undisclosed financial deals. Chukwuma was arrested at about 11-30am from his Government Reserved Areas (GRA), Enugu residence by armed police officers after an ...

Read More »

US Threatens To Bar Nigerian Airlines


Nigerian airlines have been threatened and might be banned from entering US following new security concerns. The United States federal aviation administration has warned Nigerian airlines to resolve specified security issues within 65 days or risk being barred from flying to its country. This came after a team of US ...

Read More »

Farmers, sellers give reason for cost of yam


Most yam farmers and sellers in Benin have observed that the cost of the produce is not connected with the recent approval given by the Federal Government for yam export. In separate interviews with the News Agency of Nigeria (NAN) on Sunday in Benin, they noted that beside the high ...

Read More »

Sallah: Ram Dealers Laments Low Sale in Borno

Sallah Ram Dealers Laments Low Sale in Borno

The spate of insecurity in Nigeria has affected the sales of ram as Sallah approaches following an unprecedented inflation rate. Less than six days to Eid-el-Kabir celebration, ram dealers in Maiduguri are lamenting low patronage by customers. Eid-el-Kabir celebration is marked on the 10th day of the 12th month of ...

Read More »

Group accuses DSTV, StarTimes, others of exploiting masses


A rights group, People Against Corruption and Injustice (PACI), has protested against what it termed ‘arbitrary and exorbitant’ charges by cable TV service providers in Nigeria. The protesters, who took their protest round major streets of Abeokuta, the Ogun State capital, who later converged on the Nigeria Union of Journalists ...

Read More »

US FAA arrives Nigeria to audit aviation sector


The United States Federal Aviation Administration (FAA) would on Monday begin the re-certification of the Category 1 status of the nation’s aviation sector at the Nigerian Civil Aviation Authority (NCAA) in Lagos. Mr Sam Adurogboye, the General Manager, Public Relations, NCAA, who disclosed this in Lagos on Sunday, said that ...

Read More »

Lagos Sweepers Protest Non-Payment of 5 Months Salaries


Sweepers employed by Dafunol International Limited, a contractor engaged by the Lagos Metropolitan Area Transport Authority, on Monday staged a peaceful protest over the non-payment of their five months’ salaries. The sweepers who were in their sweeping kits and holding brooms spoke to the News Agency of Nigeria in front ...

Read More »

MMM Invents New Tactics to Make Members Comeback (Full Details)


Mavrodi Mundial Moneybox (MMM) which thrilled many people early this year before collapsing some months back has invented a weekly promotional stunt aimed at wooing old and unsuspecting new ‘investors’. The money making scam it would be recalled left many people in shock early this year after it crashed forcing ...

Read More »

Economy: FGN as unrepentant saboteur


Following nearly two years of failed efforts to break through the fence of conditionalities for the release of multilateral loans being dangled by the IMF/World Bank and the European Union, the Finance Minister Kemi Adeosun, threw up her arms and confessed at the quarterly business forum held in July at ...

Read More »

Google To Train 100,000 Nigerian Software Developers

Vice President of Product Management at Google Tamar Yehoshua speaks on stage during a conference tagged 'Google for Nigeria' in Nigeria's commercial capital Lagos, July 27, 2017. REUTERS/Akintunde Akinleye

Google has moved to train thousands of Nigerians in software development to enable them write programs for the local economy. The chief executive officer of Google Incorporated, Sundar Pichai, has said his firm would prepare 10 million Africans for ‘jobs of the future’ in the next five years. He said ...

Read More »
Translate »