Category: Business
Samsung apologises to workers over factory cancer cases
SAMSUNG Electronics, Friday, apologised to workers who developed cancer after working at some of its factories, finally ending a decade-long dispute at the world’s...
Food prices dip in Kwara, Ondo, Akwa Ibom as inflation drops to 11.26%
Food prices in four states of the country experienced negative inflation between September and October 2018. According to the consumer price index (CPI)/Inflation report...
NLPGA bemoans N1trn fuel subsidy
The difficulty buoyed by Federal Government’s inaction to end over N1 trillion average annual investments on fuel subsidy has, according to the Nigerian Liquefied...
Hypocrisy of Western countries on MTN $8.1 billion fine
The British and American governments have criticized the $8.1 billion fine imposed on the nation’s leading telecommunication firm, MTN, by the Central Bank of Nigeria...
NAPE bemoans FG’s oil bid round inaction
Highest body of petroleum explorers in Nigeria, Nigeria Association of Petroleum Explorationists (NAPE) on Monday took a swipe at the Federal Government’s inaction on...
Seven years after: GOtv blazing the trail in DTT in Nigeria
About a decade ago, the prospect of Nigerians enjoying world class digital terrestrial television remained an elusive dream as the country trailed behind other...
AMCON’s proposed amendment Bill almost ready – House of Reps
The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri this evening in Abuja said the House of Representatives of...
Shell, ExxonMobil strike crude swap deals with Nigeria
Two oil giants, Shell and ExxonMobil, who had previously exited Nigeria’s downstream sector, could sign crude-for-product deals with Africa’s largest oil producer....
EFCC removes oil magnate Benedict Peters from dreaded ‘wanted’ list
The Nigeria’s anti-graft agency, Economic and Financial Crimes Commission (EFCC), has removed the name of the Executive Vice Chairman of Aiteo Group, Benedict Peters,...
Nigeria suffers 1,858 pipeline vandalism points in one year
Nigeria, Africa’s biggest crude exporter, has suffered a total of 1,858 vandalized points on its over 5, 000 kilometers pipelines network in just one year. The...
