Business

Econet Wireless logo

Airtel ownership controversy/ Court dismisses Bharty Airtel’s application

ECONET wireless maintains that its stakes were unfairly cancelled when Zain took over in 2005

NITEL workers seal head office, protest non-payment of 10 months salary

The NITEL workers are asking for full payment of their 10 month salary arrears.

Sheraton_Abuja-outside

Reps want Abuja Sheraton Hotel’s post-acquisition plan revised

Sheraton hoteliers say they have put in place measures to bring the services of the hotel to international standards.

Landlord docked for removing roof of tenant’s house

A Lagos landlord has been docked for allegedly removing the roof of his tenants abode.

garri

Price of garri goes up in Mararaba

The persistent rainfalls around the country is causing food price hike.

Nigeria earns N5.5 trillion in 8 months

Nigeria lost N226 billion to the one-week anti subsidy removal strike held nationwide in January.

UPDATED: Court strikes out order seeking to stop Dana Air crash inquest

The organisation that instituted the suit will now pay N10,000 to the Lagos State government.

Government defends PIB content, rejects Shell’s claims

Government says its decision to increase its take in deep water oil fields to about 73 per cent is competitive.

Lokoja-Abuja highway blocked- FRSC

The Commission says the road is no longer passable and advised motorists to ply alternative routes.

Shell opposes PIB, says it’ll stifle oil and gas investments

The multinational voices its concerns about the PIB which is before the National Assembly.

Former Bank PHB boss, Atuche, paid N45m tithe with depositors funds-EFCC

Francis Atuche gave two churches in Delta State depositors money to the sum of N45 million.

Otedola, Elumelu, Babangida, others buy four power plants

The Nigerian Council on Privatisation has announced the bid winners for four power plants to be sold to private companies.

Abuja’s young entrepreneurs get to ‘connect’

Global Shapers Community is bringing together Abuja’s young innovators to network and inspire.

Lagos residents face 12-month jail for tax evasion

The Lagos State Government wants a law that would punish residents who do not pay tax.

Arik crisis: Domestic airlines revert to lower fares

Airlines reduce fares after turbulent week in aviation industry.

NCP declares bid winners for four power plants

Transcorp wins bid for Ughelli Power plant.

Lawmakers pledge support for fight against substandard goods

The House of Reps lends its support to the standards agency in curbing sale of counterfeit products.

Late Sani Abacha

How Nigerian fraudsters scammed Kuwaitis of US$1million using Abacha’s name

The Kuwaitis were ured into a shady deal with fraudsters from Nigeria who used Sani Abacha as bait. Advertisement

Financial bids opening for Nigeria’s five power plants

The financial bids opening process for the seven successful bidding firms that scaled the technical evaluation hurdle by the Bureau of Public Enterprises (BPE) is to hold this morning in Abuja. The seven firms are among the original 25 that submitted bids for the country’s five power generation plants slated for sale under the federal government privatization […]

We have not taken over Aero airline- AMCON boss

Aero had bad debts of about $200million taken over by AMCON.

Finance Minister, Ngozi Okonjo-Iweala

Drop in oil revenue temporary, states’ finance commissioners say

States are optimistic that revenue earnings are likely to improve before next revenue allocation meeting.

52 Ghanaian firms partake in Abuja Trade Fair

At the Abuja Trade Fair, Ghanaian firms are adequately represented.

PIB must guarantee regulatory agencies’ independence, says NEITI forum

Stakeholders want new draft law to strip Petroleum Minister of excessive powers over the affairs of agencies in the industry

Arik Air to resume flight

Aviation officials and Arik Air apologise to passengers as airline agrees to resume operations.

Six years after, 197 drug convicts still prowl the streets free: only in Nigeria!

197 drug convicts let off, indicted officials gloat, and a state report gathers dust.