BUA Group Chairman, Abdulsamad Rabiu Rejects Appointment To Tinubu's Finance Committee
The chairman of BUA Group, Abdulsamad Rabiu, has declined the nomination to join the finance committee established by the All Progressives Congress (APC). Accor
Telcos To Block Millions From Mobile Banking Over Banks Debt
Telephone companies in Nigeria have threatened to suspend USSD services over indebtedness by banks. Millions of Nigerians use the shortcode platform to access b
NERC Denies 50% Increase In Electricity Tariff
The management of the Nigerian Electricity Regulatory Commission, NERC, has denied reports that there has been a 50 per cent increase in electricity tariff. NER
Lawyers File Lawsuit Against NBC Over ‘Punitive Fines’ Against Arise TV, Channels And AIT
Some Nigerian lawyers under the aegis of Digital Rights Lawyers Initiative (DRLI), have filed a suit against the National Broadcasting Commission over the alleg
NERC Suspends Electricity Tariff Hike
The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DISCOs) in the country to suspend the September 1
Global Economy Risks $82 Trillion To COVID-19 Damage
Findings by the Centre for Risk Studies at the University of Cambridge Judge Business School has revealed that world economy may suffer as much loss as $82 tril
CBN, BoI Urge Increase In Credit Culture For SMEs
Central Bank of Nigeria's (CBN) governor Godwin Emefiele The Central Bank of Nigeria (CBN) has emphasized the need to increase credit culture in order to record
C&I Leasing’s N7b Bond To Drive Expansion, Debt Refinancing
C&I Leasing Plc has introduced that N7 billion Series I bond which opened on Monday May 21, 2018 recorded 133 per cent over subscription. The Managing Direc
Seplat’s Gas Business Contributes 27% To Total Revenue
Seplat Petroleum Development Company Plc has stated its gas business recorded $124 million revenue, representing over 27 per cent enhance to the agency's total
Arik Air Passengers Stranded
Arik Air Many passengers, including children, have been stranded at Kaduna Airport since on Tuesday, following failure of Arik Airlines to pick them as schedule
Arik Air Laments Attacks On Staff
Arik Air laments attacks on staff By Adekunle Williams /Solomon Asowata Arik Air on Thursday lamented incessant attacks by some aggrieved passengers on its staf
NEMSA Launches Probe Into Electricity Meters Failure In Households
Worried about the increasing level of complaints about electricity meters procured by distribution companies, the Nigerian Electricity Management Services Agenc
Arik Air Grounded
Arik Air Three aviation unions on Tuesday shut down the operations of Arik Air, leaving hundreds of the airline's passengers stranded across Nigeria. The strike
Naira On Recovery Path As Banks Begins Dollar Sale To BDC Operators
Mr Harisson Owoh, an accountant, on Monday stated that the Naira was on the path to recovery as banks were set to sell Forex to Bureau De Change Operators (BDCs
Foreign Firm To Establish Multi-billion Naira Factory In Ogun
PHOTO: dilemma-x.net A foreign manufacturing company, DAG Motorcycle Industry Nigeria Limited is set to establish a multi-billion-naira company in Ogun State. T
Drupa 2016 To Promote Nigeria’s Print, Crossmedia Industries
The Nigerian consumers' purchasing behaviour is globally renowned as savvy and very sophisticated. Similar product offerings from different brands now compete a
Arik Air Tops List Of Delayed, Cancelled Flights In First Quarter
The Nigerian Civil Aviation Authority has stated domestic airlines operating in the country recorded 8,478 cases of delayed flights in first quarter of 2016. Th
Drama Continues As Arik Air Says It Paid N18.9bn Against FAANs Claim Of N11.4bn
Arik Air on Thursday claimed that it had paid a total sum of N18.9 billion to the Federal Airports Authority of Nigeria (FAAN) from January 2007 till date. The
Arik Air Indebtedness: FG Gives Two Weeks For Dispute Resolution
The Minister of State, Aviation, Sen. Hadi Sirika, has given two weeks to managements of all the aviation agencies and Arik Air to resolve all issues relating t
Arik Air Shut Down As Unions Protest N12.4bn Debt It Owed FAAN
Arik Air's business activities were on Wednesday disrupted by members of several aviation unions over an alleged N12.4 billion debts owed the Federal Airport Au