Trademark War: Court Rejects Coca-Cola’s Request
The Federal High Court sitting in Kano has refused to grant an interlocutory injunction sought by the Coca-Cola company seeking…
Category: Local
Clearing agents ground port operations, begin indefinite strike over CBN e-valuation
Ports operations at both Tin-Can Island and the Ports & Terminal Multipurpose Limited may have been grounded on Monday, following…
No more multiple taxation in Rivers, says commissioner
The Rivers State Commissioner for Information and Communications, Pastor Paulinus Nsirim, has said the administration of Governor Nyesom Wike has…
UK to fund £10m energy projects in Nigeria
The United Kingdom announced on Monday its plan to inject £10m worth of aid to invest in energy access projects…
Investors gain N50.35bn as 31 stocks rise
Investors gained N50.35bn on Monday at the end of trading on the floor of the Nigerian Exchange Limited. The market…
Nigerian Breweries’ annual revenue grows by 29.7%
Nigerian Breweries Plc has said its revenue for the 2021 financial year rose by 29.7 per cent to N437.19bn from…
Two telcos raked in N2.02tn from airtime, data in 2021
MTN and Airtel Nigeria both raked in N2.02tn from airtime and data revenues in 2021, according to the financial statements…
FG wants EU ban on Nigerian beans exports lifted
The Nigerian FG is making efforts to ensure that the ban on beans exports from Nigeria by the EU is…
SCAM ALERT! Dangote Discards Fake Cement Promo Adverts
Attention has been drawn to some fake reports tagged ‘2022 DANGOTE CEMENT PROMO START’ The fake reports were purportedly published…
Stakeholders to brainstorm on Africa’s competitive advantage
Regional Scrum Gathering Nigeria has said stakeholders in the financial sector will brainstorm on how to boost competitive advantage for…
Stock market capitalisation falls to N25.41tn
The market capitalisation of equities listed on the Nigerian Exchange Limited fell by 0.12 per cent to close at N25.41tn…
Nigeria President: Executive Could Do Due Diligence On Electoral Bill Till March 1st
The office of the Presidency has responded to rumours surrounding the electoral bill, stating that there are no delays in…
Nigeria Recorded $1.1 Billion Foreign Trade Balance In Q4 2021
Nigeria’s foreign trade balance leapfrogged to a surplus of $1.1 billion in Q4 2021, as export value surpassed import bill…
Nigerian Content Attracts $8bn Annually, Says NCDMB
The implementation of the Nigerian Oil and Gas Industry Content Development Act has created over 50,000 direct jobs in the…
Ghana accuses harassed Nigerians of tax evasion, flouting rules
The CEO of Ghana Free Zones Authority, Amb. Michael Ocquaye has said Nigerian businessmen accusing Ghanaian authorities have been found…
No sugar scarcity, production not reduced, says FG
The Federal Government on Wednesday refuted claims of imminent sugar scarcity in Nigeria. FG further stressed that there was also…
NNPC- How we rejected five cargoes of adulterated petrol
The Nigerian National Petroleum Company Limited on Wednesday disclosed how five cargoes containing ethanol-laden petrol were rejected after discovering that…
Peter Obi- Borrowing for consumption is Nigeria’s major challenge
Peter Obi, former governor of Anambra, says borrowing for consumption is Nigeria’s major challenge. He said this in a tweet…
Ikoyi Building Collapse: Lagos To Demolish Remaining Skyscrapers, Prosecute Culpable Officials
The Lagos State Government has accepted 26 recommendations of the Toyin Ayinde-led panel. The panel was set up to investigate…
NIN portal now restored, NIMC tells Nigerians
NIMC has said that the national identification number verification service portal has been fully restored. This was made known by…
IMF: Dangote Refinery, Supportive Credit Facility, Can Accelerate Nigeria’s Economic Recovery Process
The International Monetary Fund has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its…
Banks Loan To Private Sector Surged By N5.58 Trillion In 2021
Banks credit to the private sector hit its highest level in December 2021, reaching N35.73 trillion from N30.15 trillion recorded…
NETCO boss unveils three books on fuel scarcity, others
The Managing Director, National Engineering and Technical Company Limited, Mr Johnson Awoyomi, has launched three new books on the Nigerian…
CIA elects new president, inducts 170 members
The Chartered Institute of Administration says it has elected a new President/Chairman of Council. According to a statement by the…
Marketers resolve to blend dirty fuel, scarcity persists in states
Oil marketers have resolved to start blending over 100 million litres of adulterated PMS imported into Nigeria over two weeks…
Oil investment in Nigeria now at record low – Report
Oil and gas investment in Nigeria, Africa’s biggest producer, has fallen to a record low, even as the country’s production…
Electricity Gulps 50% Of MSMEs’ Profits, Says NCEEC
The National Centre for Energy Efficiency and Conservation, University of Lagos, has said electricity consumes about 50 per cent of…
‘Only 10% Of Nigerian Farmers Engage In Mechanised Farming’
The National Chairman of Tractor Owners and Hiring Facilities Association of Nigeria, Danladi Garba, on Wednesday, lamented that only 10…
PAN dumps Peugeot after over 40 years
PAN Nigeria Limited says it has dropped Peugeot assembly plant and opted for two Chinese brands, Chery and Higer. The…
Maritime workers begin strike March 1, vow to ground port operations
The Maritime Workers Union of Nigeria have concluded plans to ground port operations of the International Oil Companies The union…