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September 4, 2019
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Business

UAC Food Appoints Oladele Ajayi As Managing Director

August 14, 2018August 14, 2018 – by Temitope – Leave a Comment

UAC of Nigeria PLC (UACN) has announced the appointment of Dr Oladele Ajayi as the Managing Director of UAC Foods Limited, a joint venture company between UACN and Tiger Brands …

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Business

Dangote refinery to start selling petrol by 2020

July 9, 2018 – by Temitope – Leave a Comment

The Dangote refinery plans to start selling petrol, diesel and aviation fuel by early 2020, the group executive director, Edwin Devakumar told Bloomberg. He also disclosed that the company’s fertiliser …

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Business / New

No Plan To Increase Petrol Cost – NNPC

December 5, 2017 – by Phoenix – Leave a Comment

The Nigerian National Petroleum Corporation (NNPC) has said that there is no plan to increase the prices of petroleum products both at the ex-depot level and pump price ahead of …

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Business / New

28 Illegal Refineries Destroyed In Edo State

December 5, 2017 – by Phoenix – 1 Comment

The Nigeria Security and Civil Defence Corps (NSCDC), Edo Command, says it has destroyed 28 illegal refineries in the state in the last eleven months. The Commandant of the Corps, …

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Business / New

NNPC Issues Statement On Increment In Prices Of Petroleum Products

December 4, 2017December 5, 2017 – by Phoenix – Leave a Comment

The Nigerian National Petroleum Corporation (NNPC) in Abuja reaffirmed that there was no plan to increase the prices of petroleum products. In a statement, Ndu Ughamadu, the corporation’s Group General Manager, …

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Business / New

NNPC Boss, Maikanti Baru Wins Forbes Oil & Gas Man Of The Year Award

November 30, 2017December 1, 2017 – by Phoenix – Leave a Comment

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has clinched the Forbes Best of Africa Oil and Gas Man of the Year 2017 Award by …

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Business / New

Facebook Announces Nigeria Initiative, Targets NG_Hub Launch Next Year

November 23, 2017 – by Phoenix – Leave a Comment

Facebook announced a new nationwide initiative in Nigeria to further cement its commitment and investment in the country, and across the continent. Social media platform, Facebook, has launched a new …

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Business

Nollywood Actress, Amanda Ebeye Launches Hairline Brand

November 17, 2017November 18, 2017 – by Phoenix – Leave a Comment

Nollywood actress, Amanda Ebeye is thrilled to present black Women with her own human luxury hair brand, retailing at affordable Nollywood actress, Amanda Ebeye is thrilled to present black Women …

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Business / Celebrity

Kim Kardashian’s Sold $10 Million Worth Of Her New Fragrance In One Day

November 16, 2017November 17, 2017 – by Phoenix – Leave a Comment

Wednesday was a busy day for Kim Kardashian: She discussed the forthcoming West Baby Number Three on “Ellen,” drank a sardine smoothie on “The Late Show With James Corden” and launched …

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Business

Portugal And Malaysia Buy Nigerian Crude Oil First Time

November 14, 2017 – by Phoenix – Leave a Comment

Crude oil sales by Nigeria is expected to be improved following patronage by Portugal and Malaysia recently. Nigerian crude cargoes found their way to Portugal for the first time this …

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Business

Dangote Foundation Pledges $100million To Tackle Malnutrition In Nigeria

November 7, 2017 – by Phoenix – Leave a Comment

The Aliko Dangote Foundation has pledged to invest US$100 Million over a five year period to tackle malnutrition problem in the worst-affected parts of Nigeria to help reduce the prevalence …

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Business / Politics

Nigeria Government Set To Implement To Reduction In Physical Movement Of Dollars

November 4, 2017 – by Phoenix – Leave a Comment

The Federal Government have announced that it will begin the reduction in the physical movement of dollars and other foreign currencies. This is expected to mitigate foreign exchange scarcity and …

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Business

Nigeria Move 24 Places Up In Latest World Bank Ranking

November 2, 2017 – by Phoenix – Leave a Comment

Nigerian President Muhammadu Buhari on Tuesday commended the Presidential Enabling Business Environment Council chaired by Vice President Yemi Osinbajo over the improvement of Nigeria on the World Bank’s Doing Business …

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Business

Former EFCC Twitter Handler, Olufemi Adeyemi, Joins Union Bank

November 1, 2017 – by Phoenix – Leave a Comment

Former handler of the Economic and Financial Crimes Commission (EFCC) Twitter account, Olufemi Adeyemi, has joined Union Bank. The man better known as F.Shaw broke the news himself on Wednesday. …

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Business / New

NEMA Staff Begin Indefinite Strike, Close All Zonal Offices

October 19, 2017 – by Phoenix – Leave a Comment

Staff of the National Emergency Management Authority NEMA, today began an indefinite strike. According to a statement released by the workers union, the directive to proceed on strike was issued by …

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