The Department of State Service (DSS) has painted a grim picture of the crime allegedly committed by Chairman of Capital Oil and Gas Limited, Mr. Ifeanyi Uba. Uba allegedly diverted N11bn... Read more
The Nigerian Customs Service has intercepted a 20-foot container laden with 440 pump action riffles imported from Turkey at Tin Can Island Port. Area Controller of the Tin-Can Island Comm... Read more
THE Central Bank of Nigeria has left its Monetary Policy Rate (MPR), its base interest rate, unchanged at 14 per cent. According to the bank, the descision results from the the determination... Read more
International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa Plc (UBA). Th... Read more
Customers flying British Airways (BA) through its Abuja-London route would pay a slashed fare of $277 between May 15, 2017 and June 30, 2017 for one way trip. Mr. Kola Olayinka, British Airw... Read more
The National Information Technology Development Agency (NITDA) has quelled the fears of Nigerian computer users over the rampaging malacious computer virus known as ‘Wanna Cry’.... Read more
FBN Holdings shareholders on Friday approved dividend of N7.18 billion declared by the company for the financial year ended Dec. 31, 2016. The News Agency of Nigeria (NAN) reports that the s... Read more
Nigeria is, in some ways, a rich country. The West African nation is a huge oil producer; the continent’s second-largest economy; and, in Lagos, has a bustling port city of over 20 million p... Read more
The management of Okomu palm oil company has said that in spite of infrastructure deficit, processed palm oil could become Nigeria’s main foreigner exchange earner. The company’s Managing Di... Read more
The Federal Government has expressed commitment to the plan to reduce importation of petroleum products from the present 95 per cent to 60 per cent by 2018. The Minister of State for Petrole... Read more