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Power generation to increase by 2000mw in 2016 – Fashola

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The minister of power, works and housing, Babatunde Fashola, has expressed optimism that given the various plans under taken by the present administration in...

Travelstart announces $40m investment in Africa’s online travel market

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Targets growth in Nigeria Travelstart, the leading Internet travel booking company in Africa, announced today an investment of US$40M led by Amadeus Capital Partners (London)....

Naira drops at inter-bank market as lenders fund accounts for dollar...

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The nation’s currency, the naira on Tuesday weakened against the US dollar at the inter-bank foreign exchange market, after the Central Bank of Nigeria...

FG to streamline incentives, waivers for non-oil tax revenue – Minister

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The Minister of Budget and National Planning, Udoma Udo-Udoma, said that government was in the process of streamlining incentives and waivers for proper monitoring,...

International Criminal Court considering Falana’s petition against Dasuki, Okonjo-Iweala

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The International Criminal Court (ICC) at The Hague has confirmed that it is considering petition submitted to it by human rights lawyer Femi Falana,...

Nigeria’s Verge POS emerges finalist for Mobile Premiere Awards

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Retail interface Verge POS has just been announced as a finalist at The Mobile Premiere Awards (MPAs) taking place on February 22, Barcelona. After...

Indian carmaker Tata to change Zica car name after Zika virus...

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India’s biggest carmaker Tata Motors said Tuesday it would rename its new Zica hatchback as global alarm grows over an outbreak of the identical-sounding...

Ambode stops sand dredging in Lagos

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Gov. Akinwunmi Ambode of Lagos State has ordered sand dredgers operating in waterways in the state to stop their operations and vacate the sites...

Berger Paints announces outsourcing of depots, appointment of franchisees

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Berger Paints Nigeria Plc, which engages in  the manufacture of decorative and industrial paints, marine and protective coatings, automotive/vehicle refinishes and allied products, has...

CBN tells lenders to fund accounts for Thursday’s dollar sales

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The Central Bank of Nigeria (CBN) told commercial lenders to fund their naira accounts on Tuesday to be able to participate in a currency...