Atedo Peterside Resigns from Stanbic IBTC Board

The Chairman of Stanbic IBTC Holdings Plc, Mr. Atedo Peterside, has announced his resignation from the board of the financial institution, having served for...

SENATE INCREASES FUEL SUBSIDY PAYMENT TO N521BN

The Senate has added N108bn to the N413bn contained in the supplementary appropriation request sent to it by President Muhamadu Buhari for approval for...

MTN CEO QUITS OVER $5.2BN NIGERIA FINE

MTN Group Ltd. said Chief Executive Officer Sifiso Dabengwa resigned from Africa’s biggest mobile-phone company following a $5.2 billion fine by Nigerian regulators related...

Oando Records N7.1 Billion Profit After Tax in Q3

The prospects are getting brighter for Oando Plc as the company has reported a profit after tax of N7.1 billion for the nine months...

I WILL TRANSFORM PETROLEUM SECTOR IN 365 DAYS, KACHIKWU VOWS

Dr Ibe Kachikwu, the Minister of State for Petroleum, has promised to bring about fundamental change in Nigeria’s oil sector in 365 days. He...

OIL WORKERS URGES BUHARI TO CALL KACHIKWU TO ORDER

President Muhammadu Buhari has been urged to call the new Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu to order...

GM To Sell South African Operations

General Motors Co plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa, the...

NIGERIA’S DEBT PROFILE HITS N12TRN – DMO

The Director General of the Debt Management Office (DMO), Abraham Nwankwo has said Nigeria debt profile for both domestic and external debts as at...

Hisense Acquires Toshiba TV Subsidiary For $115m

Global home appliances manufacturing giant, Hisense Electronic Company Ltd, has acquired 95 per cent shares of Toshiba Visual Corporation (TVS), the television business subsidiary...

PETROL TO SELL AT N86 FROM JAN 1 2016 –FG

The Federal Government said as from January 1, 2016, all retail stations of the Nigerian National Petroleum Corporation would start selling petrol at N86...
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Davido, Wizkid, Simi, Olamide Lead Nominations For Headies 2018

After some waiting, the list of nominations for the 12th edition of the Headies has been released, with usual suspects like Davido, Simi, Wizkid...

Ndigbo Not Politically Smart, Just Political Hustlers, Says Okorocha

Governor Rochas Okorocha of Imo State has declared that politicians of Igbo extraction are in reality not smart in the political turf. The governor held...

Buhari Returns To Abuja From London

President Muhammadu Buhari has returned to Abuja from London, United Kingdom. His plane touched down at Nnamdi Azikiwe International Airport Abuja at about 7:31pm on...
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