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Category: Bizness News


Excess crude Account: Govs Insist On Final Resolution From Supreme Court

  The 36 state governors, under the platform of the Nigeria Governors Forum (NGF) has decried the handling of Excess Crude Account by the Federal Government and...


Total moves staff out of Abuja

French oil major Total has moved its staff from the Nigerian capital Abuja following the kidnapping of a French national last month, Chief Executive Christophe de...


Access Bank Appoints Ndukwe Independent Director

Access Bank Plc has announced the appointment of Dr. Ernest Ndukwe to its Board as a Non-Executive Director. The appointment has been ratified by the bank’s board of...


Apple’s iPhone Disappointment: Fans Doubt on Growth

(Reuters) – Apple Inc missed Wall Street’s revenue forecast for the third straight quarter after iPhone sales came in below expectations, fanning fears that...


Toyota Wins Back World’s Top Auto Sales Crown from GM

Toyota Motor Corp regained the crown as the world’s top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen.


Societe Generale Bank Resumes Operations As Heritage Bank

Embattled Societe Generale Bank of Nigeria (SGBN) is set to resume operations under a new name, HeritageBank , following a regional banking licence granted by the...

fashola tinubu

Fashola Denies Taking $15m Loan From Ex-IM Bank… Weeks After Seeking $600m From World Bank

It seems Gov. Babatunde Fashola of Lagos State, has no scrupples with burying the state in the cemetry of debt just as  has denied a media report that the state...


Nigeria spends N3.5trn annually on power generators…N17.9bn on importation of generators

Nigerian manufacturers, small scale businesses and families spend an average of N3.5 trillion yearly to power their generating sets with diesel and petrol due to...

Nigeria's Minister of Petroleum Diezani Allison-Madueke speaks at a media briefing on a new gas price regime in the capital of Abuja

Reps Set to Probe $1.5bn NNPC Loan

The Federal House of Representatives on Wednesday directed its joint Committee on Petroleum (Downstream), Petroleum (Upstream), Justice and Loans and Debts to...

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