Business

Court awards N82bn damages against Mobil, NNPC over oil spills

A federal high court in Abuja has ordered Mobil Producing Nigeria Unlimited and the Nigerian National Petroleum Corporation to pay…

5 years ago

Naira drops to N500/$1 on the black market

The naira has depreciated to N500/$1 after recording a marginal gain against the United States dollar. The naira also weakened…

5 years ago

UBA, Zenith, five others under pressure to pay 774,000 jobs participants

Seven banks are under immense pressure from the Federal Government to pay all 774,000 participants of the Extended Special Public…

5 years ago

Customs threatens to impound unverified private jets July 6

Nigeria Customs Service has threatened to impound private aircraft found to be unverified by the Federal Government’s agency as from…

5 years ago

Honda discontinues fuel-cell vehicle, Clarity

Honda says it has stopped production of the Japanese market Odyssey minivan and Legend sedan due to low sale of…

5 years ago

BMW begins road tests of hydrogen EV X5

BMW has begun real-world tests of its i-Hydrogen Next, an X5 paired with EV and hydrogen tech. The BMW i…

5 years ago

BREAKING: Emirates restores ban on Nigerian flights

The United Arab Emirate’s carrier, Emirates, has again announced indefinite suspension of flights to Nigeria. This is coming barely 48…

5 years ago

EFCC invites two Abia ex-commissioners over N22bn Paris Club refund

The Economic and Financial Crimes Commission, Enugu Zone, has invited two former Abia State commissioners for finance for questioning reportedly…

5 years ago

We’ll complete 2nd Niger Bridge next year – Fashola

Construction work on the Second Niger Bridge will be completed in 2022, Minister of Works and Housing, Babatunde Fashola, has…

5 years ago

I sold about N70,000 bread daily to bandits when Kaduna students were abducted – Baker

Hassan Magaji, a baker in the Galadimawa area of Kaduna State, has confessed to supplying bread to bandits. Magagi, who…

5 years ago