Tiger Brands Ltd., South Africa’s largest food producer, agreed to sell its stake in an unprofitable Nigerian business to Dangote Industries Ltd. three years after buying it. The shares surged in Johannesburg. Dangote will provide […]
Folawiyo Energy Limited (FEL) has denied violating regulations that guide the sale of petroleum products, noting that the company has not had its own products in storage for the past three months. The company said […]
A Federal High Court in Lagos has set aside a fresh Concession Agreement on the Lagos-Ibadan Expressway reconstruction project. While delivering his ruling in a suit filed by Bi-Courtney Highway Services Limited against the Attorney-General […]
Security agents yesterday re-arrested a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Patrick Akpobolokemi outside the Federal High Court premises in Lagos moments after his trial for allegedly defrauding the Federal […]
The Confederation of African Football (CAF) in Abuja on Monday announced the names of three top nominees for the 2015 African Footballer of the Year Award. The names were announced at a joint press briefing […]
Workers of Aero Airlines yesterday staged a peaceful protest around the airport alleging that the Asset Management Company of Nigeria (AMCON) is mismanaging funds injected into the carrier. The workers spoke through the branch Chairman […]
FORMER DAAR Communication Plc Chairman Raymond Dokpesi yesterday arrived in Kuje Prison ahead of the perfection of his bail terms. He was shielded from anxious inmates at the facility by warders.
•Govt to spend money on capital projects Nigerians were yesterday told to prepare for some tough decisions next year. Petrol subsidy will go to save cash for capital projects. This will likely push up price […]
ONITSHA—The leadership of International Society for Civil Liberties and the Rule of Law, Intersociety, has dragged Justice Adeniyi Ademola of the Federal High Court sitting in Abuja before the National Judicial Council, NJC, over what […]
THE World Bank has projected that Nigeria’s economic outlook would remain difficult in the short run due to the persistent low price of crude oil in the international market. The World Bank in its Nigeria […]
Ibrahim Buba of a federal high court in Lagos has fixed January 18, 2016 for the trial of Patrick Akpobolokemi, former director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA). The Economic and Financial […]
Rotimi Amaechi, minister of transportation, has directed the immediate financial and staff audit of the Nigerian Maritime and Administration and Safety Agency (NIMASA). He gave the directive on Monday during his maiden tour of Lagos […]
Ade and Busola have been married for years, they recently had a baby boy and have never been happier, for their marriage anniversary they decided to travel to a resort for a week, so they […]
Given that the governorship elections in Kogi and Bayelsa states marked the first set under President buhariari and the new INEC chairman, their outcome was bound to attract considerable public interest. This is more so […]
Is it any wonder that my friend and brother Governor Nasir El Rufai once warned the Nigerian military against what he considered to be their excesses in the fight against Boko Haram and told them […]
Although the story is still developing, it is unflattering that two major media players are facing weighty corruption-related allegations: Raymond Dokpesi, founder of DAAR Communications Plc, owners of African Independent Television (AIT) and Ray Power; […]
I HAVE a huge affection for former president, Goodluck Ebele Jonathan, even though I can hardly explain it. I met him a few times before and during his reign as Nigeria’s helmsman but remember two […]
DURING the presidential campaigns towards the 2015 elections, many people believed that the Cambridge West African School Certificate released by the Katsina College to prove candidate Major General Muhammadu Buhari’s qualification was a “forgery”. Even […]
The crash in crude oil prices from over $145 in 2008 to below $40/barrel presently, has invariably reduced Nigeria’s export earnings by over 50%; consequently, the significant deflation in dollar income is commonly blamed for […]
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