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PENGASSAN, NUPENG Suspend Strike Over NNPC Unbundling

The Group Executive Committees (GECs) of the two labour unions in the Nigerian National Petroleum Corporation (NNPC) have suspended their industrial action against the...

Buhari Orders Re-negotiation Of MTN’s N780 Billion Fine After Meeting With President Zuma

President Muhammadu Buhari, yesterday, ordered re-negotiation of the N789 billion fine slammed on South African telecoms company, MTN, by Nigeria Communications Commission, NCC. The President...

Oil Prices Rise To $39, Beats Budget Benchmark Of $38

Global crude oil prices finally surpassed Nigeria’s budgetary benchmark, yesterday, trading above $39 per barrels. File Photo: Crude Oil This came as experts on...

MTN Blasts Reports Of Secondary Listing ln Nigeria

Telecommunications giant, MTN on Monday, March 7, 2016 faulted media reports of a purported plans to list in Nigeria, saying that it is only...

NNPC Reopens Port-Harcourt Refinery As Fuel Scarcity Lingers

Fuel scarcity has become a norm as Nigerian citizens have become used to fuel being scarce and the price being high. The Nigerian National Petroleum...

Buharinomics: Another South African Company Pulls Out Of Nigeria

Clover, a South African beverage line responsible for the production of Tropika fruit juice, says it is withdrawing future investments in the Nigerian market. Clover...

Governor Mimiko To Headline Lagos Business School Conference

The Ondo State Governor, Dr. Olusegun Mimiko, has been named the Keynote Speaker for the 2016 edition of the Africa Business Conference (ABC), being...

Ntel Makes History With First VoLTE Call In Nigeria

NatCom Development and Investment Limited (trading as ‘ntel’), the company that acquired the core assets of NiTel/MTel (in liquidation) made its first Voice over...

Ecobank Fires 50 Top Management Staff

NAN - Ecobank Nigeria on Thursday said that the recent reorganisation that affected some senior staff was designed to strengthen the bank's business across...

MTN Withdraws Suit Against NCC, Pays N50 Billion ‘In Good Faith’

MTN has withdrawn its suit against the Nigerian Communications Commission (NCC) and paid N50 billion ($250 million) towards an amicable resolution of the fine...

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