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Breaking: FG takes over Arik Air over huge debt

Lifeline seems to have come the way of embattled airline, Arik Air as the Federal Government has taken over its operations today. The Asset Management...

Ogun warns workers “Don’t embark on an illegal strike”

The Ogun State Government has described the proposed strike action called by a few disgruntled elements in the state chapter of the Nigeria Labour...

Economic Situation worsens as Nigeria breaks 15 year record at IMF

Nigeria for the first time in 15 years has dropped out of the league of fastest growing economies in Africa, according to the International...

Bad market: MTN loses 4m subscribers after N780bn NCC fine

The fine imposed on MTN Nigeria has taken a toll on the company as the communications giant has reportedly lost 6.9 per cent of...

Entrepreneurship is engine room of any economy –Steve Babaeko, CEO, X3M

Story: Eric Elezuo                                  Photos: Solomon Ekhaiyeme He is young, energetic and foresighted. His name is Steve Bakaeko, the ebullient Chief Executive Officer as well Chief...

France to Invest €1bn in Nigeria’s Oil Sector

The French government has announced that it has set aside about €1bn to be invested in Nigeria’s oil and gas industry, and that Nigeria...

Petrol sales have dropped by 40% since Buhari increased the pump...

Following the recent adjustment of the price of petrol to N145 per litre by the federal government, sales of the product have drastically reduced...

By 2020, ICT Will Be Second Highest Contributor to Nigeria’s GDP...

By Eric Elezuo The Computer Village is practically one of the largest markets in Lagos, if not the largest. It also boasts of being one...

Bakers Threaten Nationwide Strike Over Price of Flour

The Association of Master Bakers and Caterers of Nigeria on Thursday decried refusal of millers to reduce the price of flour in spite of...

It gets worse: World Bank report labels Nigeria ‘unsuitable’ for business

A damning report which would further scare away investors from Nigeria has been delivered by the World Bank Group’s Doing Business Report 2016, saying...

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