Business

Police to protect capital market investments

IGP says police would do everything in its capacity to protect the Nation’s economy and capital market investments.

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Use your shops or lose them, Ogun warns traders

The State Government says shop owners at Yewa Market must use their shops for commercial purpose or forfeit it.

DANA Air to resume flights

FG lifts Dana Airline’s suspension – UPDATED

Dana Airline’s license has been restored amid ongoing inquest into the cause of death of the crash victims.

Abuja farmers demand more time to pay loan

The income level of the farmers has increased from N10, 000 to N100, 000.

Dagogo-Jack replaces Barth Nnaji as head Presidential Task force on Power

Dagog-Jack replaces Barth Nnaji as head of Presidential Task force on Power

Pirates hijack oil ship, kidnap crew, off Nigeria’s coast

Pirates have hijacked an oil tanker and its crew in the waters near Lagos, the navy and a security company said on Wednesday. The vessel, called the Abu Dhabi Star, was seized on Tuesday night, around 14 nautical miles from the entrance to Lagos port, navy spokesman, Kabir Aliyu, told Reuters. The navy said the […]

Jimoh Ibrahim shuts down Air Nigeria, sacks staff

All Air Nigeria flight operations nationwide are to be shut down effective from Monday next week. PREMIUM TIMES gathered that the directive for the closure of the airline’s operations was handed down by its billionaire businessman owner, Jimoh Ibrahim, who also reportedly ordered that all, but 50 of the workers on the company’s payroll, be […]

Dantata, others receive N25billion SURE-P payments

SURE P contractors receive payment

No going back on N5, 000 notes- FG

No amount of opposition by Nigerians will make the FG change its stance, minister says.

Protesters storm CBN over N5, 000 note, currency restructuring

Nigerians say the planned currency restructuring policy by the CBN is a misplaced priority.

Lufthansa cancels 300 flights as passengers hit by strikes

Cabin crew of International Flyer, Lufthansa, have grounded the airline’s activities.

‘New notes’ bribery scandal, EFCC invites NGO

The EFCC is asking questions about bribe payments allegedly made to top CBN officials”

Government to check pollution with N2.96 billion GEF project

World Bank wants speedy execution of project to curb the negative impact of organic pollutants

Nigeria among world’s top 39 economies – FG

The Federal Government inaugurates Vision 20:2020 review Committee.

Four in five Nigerians oppose planned N5000 notes – poll

Opposition to CBN’s new monetary policy is huge; four out of five Nigerians polled opposed the policy.

Consumer council tackles MTN on airplane promo

The Consumer Protection Council (CPC) has directed MTN to make sure consumers receive adequate information on its recharge and win aircraft promotion, tagged MTN-Ultimate Wonder Campaign Promotion. The CPC disclosed this in a statement issued on Monday in Abuja by Abiodun Obimuyiwa, its deputy director, Public Relations. It said the communication company was given the […]

Jonathan to launch YOUWIN 2 for women on Monday

Only 17 per cent of the previous YOUWIN winners were women.

Deadly Lagos-Ibadan expressway being handled by Bicourtney

EXCLUSIVE: Bi-Courtney faces N30billion fine for abandoning Lagos-Ibadan road, but FG looks away

For failing to fix the perilous Lagos-Ibadan expressway three years after securing a lavish concession of the road, Bi-Courtney, the Nigerian consortium now entangled in a festering controversy with federal and state road authorities, should pay fines in excess of at least N30 billion. For each day the road is left unconstructed, the construction company […]

20 fuel-laden ships wait to berth in Lagos ports

The NPA says it is expecting 63 ships in the next one month

New World Bank leader visits Africa

The World Bank president will visit Cote d’Ivoire and then South Africa

Pipeline Explosion: PPMC shuts Atlas Cove pipeline

PPMC has shut down a major network that pumps petroleum products to depots in the South-West

Jumoke Akinjide

SURE-P will help create jobs, says FCT minister of state

“The SURE-P programme is aimed at creating employment for our women and youth,” Minister of State for Federal Capital Territory says.

N5,000 note will devalue naira – NBA president

Joseph Daudu says the new N5,000 note will promote money laundering.

Sambo in Tehran for Non-Aligned Movement summit

The Vice President is in Tehran with other members of the Non-Aligned Movement to discuss the issue of global peace

I resigned to retain my integrity, says Nnaji

Former minister says his resignation from office would enable him pursue his dream for integrated power supply in the country.