Category: Business
Elumelu gives Akinyelure seven days ultimatum to retract statement on N41bn fraud allegation
The Chairman of Heirs Holdings, Tony Elumelu, has given the Chairman, Senate Committee on Privileges and Public Petitions, Senator Ayo Akinyelure, sev [...]
Bristow Helicopters sack 100 pilots, engineers
The management of Bristow Helicopter has sacked over 100 pilots and engineers. This is coming on the second day of the industrial strike action embark [...]
Lai Mohammed launches controversial NBC code
Minister of information and culture, Lai Mohammed on Tuesday presented the 6th national broadcasting code, NBC, at the Radisson Blu Hotel, Ikeja, Lago [...]
Elumelu’s alleged link to N41bn NITEL contract fraud, malicious, untrue – UBA
The Management of the United bank for Africa, UBA, has described the alleged N41 billion NITEL contract fraud levied against its Chairman, Mr. Tony El [...]
(Updated) ShopRite not leaving, only selling it’s Nigerian stake
ShopRite Nigeria has debunked news of its exit from Nigeria due to a decline in sales.
"Shoprite is not leaving Nigeria," according to the Country Di [...]
Air Peace sacks 75 pilots over remuneration
Nigeria’s biggest carrier, Air Peace, has sacked 75 of its pilots over alleged disagreement in remuneration. The pilots sacked are across all fleets.
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Excitement in the air as winners emerge in Dangote Cement promo
The on-going Dangote ‘Bag of Goodies Season 2 Consumer Promo’ has triggered excitement in the country as more winners continue to emerge, winning mill [...]
Nigeria will pay China loan back in 20years – Amaechi
Minister of Transportation, Rotimi Amaechi has stated that Nigerian government has the capability to pay back the loan collected for the construction [...]
Elumelu advocates collaboration to boost investment in Nigeria, others
The Group Chairman, United Bank for Africa (UBA) Plc, Tony Elumelu has said the corona virus pandemic presents a perfect opportunity for foreign inves [...]
Ibom Air expands its fleet with fifth aircraft
Governor Udom Emmanuel of Akwa Ibom has fulfilled his promise to expand the fleet of the state-owned airline, Ibom Air with the acquisition of a fifth [...]