Business

Akesan Market: FG hands over building materials to Oyo

The Federal Government has handed over building materials to the Oyo State Government for the reconstruction of the razed Akesan Market in Oyo town....

Between Madd and Fadd

ROAD SAFETY ARTICLE Candy Lightner of Mothers against drunk driving (MADD) and Rochelle Sobel   of The Association for Safe International Road Travel are two mothers whose...

9mobile Launches Enin, First Artificial Intelligence Personal Digital Customer Assistant

Telecommunication Company, 9mobile, has reaffirmed its commitment to a superior experience for its esteemed customers with the launch of ‘Enin’ a personal digital customer...

Furore over Lagos Airport’s navigational facilities

Are navigational facilities at the Lagos Airport degraded? Yes, says National Association of Air Traffic Controllers (NATCA). But, industry regulators hold contrary views. However,...

UK-Nigeria Trade Hits N2.3trn In 2018

Lagos – The bilateral trade between the United Kingdom and Nigeria reached £5.1 billion in 2018 (N2.3 trillion) as efforts are on by the...

Turkey eyes road contracts, others in Nigeria

Okechukwu Nnodim, Abuja The Republic of Turkey is looking to increase its trade volume in Nigeria in road construction and engineering, the country’s Minister of...

Inflation increased to 11.98% in December – NBS

The National Bureau of Statistics says Consumer Price Index which measures inflation, increased by 11.98 per cent year-on-year in December 2019. The NBS made...

Volvo Cars to Deploy In-car Cameras

By Bennett  Oghifo Volvo Cars has revealed a new step in its ambitions to end fatalities in its cars by addressing the issues of intoxication and...

41st Kaduna International Trade Fair Begins February 28th

The 41st Kaduna International Trade Fair is slated to take place between 28th February to 8th March, 202o at the trade fair complex along...

Hike in air fares imminent over 50% VAT increase

There are fears that airline passengers may begin to pay more following the implementation of the 50 per cent hike in value added tax...

FG signs MoU with IBM to bridge digital literacy gap

The Federal Government has signed a Memorandum of Understanding (MoU) with the International Business Machine, (IBM), to bridge the huge digital literacy gap in...

Again, Buhari meets NNPC GMD in Aso Rock

President Muhammadu Buhari has again met with the Group Managing Director of the Nigerian  National Petroleum Corporation, Mela Kyari, at the Presidential Villa, Abuja....

Jaguar Land Rover’s new Shape-shifting Seat Optimises Wellbeing on Long Journeys

By Bennett  Oghifo Jaguar Land Rover is developing the seat of the future – a pioneering shape-shifting system designed to improve customer wellbeing by tackling the...

Facebook Investors Commit $500,000 For Nigerian Startups

Startups participating in the second season of the Facebook Accelerator Programme have recorded significant achievements, including raising over $500,000 in committed investments and grants...

Much ado about NIMASA’s floating dock

How did a gigantic project worth N50 billion, which was originally intended to save the country huge sum in capital flight, become a drainpipe...

Rolls-Royce Sales Surge 25% In 2019

 Rolls-Royce said it recorded a 25 per cent jump in sales in 2019, un­derpinned by solid demand for its first-ever Sports Utility Vehicle (SUV), the Cullinan,...

FG to auction long term bonds on January 22 at 14%

As part of efforts to raise capital for the 2020 budget, the Federal Government will offer a five, 10 and 30 year bonds at...

Petrol subsidy averages N45.87/litre as oil prices fall

Okechukwu Nnodim, Abuja The Federal Government currently incurs an average of N45.87 as subsidy on every litre of petrol consumed in Nigeria, as industry...

Experts explain hackers’ focus on banks in Nigeria, sub-Saharan Africa

Following report by Kaspersky that security researchers have spotted thousands of notifications of attacks on major banks located in the sub-Saharan Africa (SSA) region, some...

FAAC: FG, states, LGs share December revenue

The Federation Accounts Allocation Committee has shared N716.298 billion to the three tiers of government for the month of December 2019. The Permanent Secretary,...

Mercedes-Benz Fashion Week Berlin Opens with Talents from South Africa

By Bennett  Oghifo  In the 25th year of global fashion commitment by Mercedes-Benz, Clive Rundle, Floyd Avenue, Rich Mnisi and Viviers staged a group show to...

FG Seeks Stronger Partnership With US For Food Sufficiency, Job Creation

The federal government has said it is desirous of building a stronger partnership and collaboration with the United States of America (USA), to achieve...

Luxury retailer Louis Vuitton buys world’s second-largest rough diamond

Luxury retailer Louis Vuitton has snapped up the second-largest rough diamond in history as its owner stakes a bigger claim in the high-end jewelry...

Toyota Premieres GR Yaris High-performance First Edition

By Bennett  Oghifo The GR Yarisa sports car based on knowledge and know-how for making it a FIA World Rally Championship winner was developed by collaborating...

Onne Customs surpasses 2019 revenue target

    THE Nigeria Customs Service (NCS), Area II Command, Onne Port, Rivers State generated revenue of N107,336,142,823.59 from duty paid value (DPV) on imported goods...

Shippers Council alerts on fresh congestion at Lagos Ports

The Nigerian Shippers Council (NSC) has raised alarm over an impeding congestion at the Lagos ports due to chaotic gridlocks on all access roads...

Monthly foreign exchange inflow rose to $9.84bn –CBN

Nike Popoola Aggregate foreign exchange inflow into the economy amounted to $9.84bn in November 2019, showing an increase of 7.5 per cent above the level...

Mercedes Concept Uses Avatar Theme To Tout New Technologies

 Mercedes-Benz laid out its vision to transition from automaker to purveyor of mobile experiences at a glitzy keynote address on the sidelines of the CES consumer electronics...

Gov. Wike approves payment of minimum wage to workers in Rivers

Governor Nyesom Wike of Rivers State on Thursday approved the payment of a monthly minimum wage of N30,000 to workers in the state’s Public...

Ford F-150 Earns All Good Ratings as Best Performing Pickup Truck

By Bennett  Oghifo The Insurance Institute for Highway Safety has released test results showing that among all light-duty crew cab pickups measured in small overlap front...