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Photo, Video

15:47 Airport Will Temporarily Shut, Disrupting a Nigerian Lifeline

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21:23 Abuja airport 57.5% completed as FG reaffirms re-opening date

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20:36 7 biggest political fights that have caused tension in Nigeria

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10:51 Militant threaten to bomb MTN, other South African companies

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22:10 NEITI Tasks FG To Reclaim NNPC Unremitted Funds

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22:04 UPDATE: EFCC discovers N448.8 million at abandoned Bureau de Change in Lagos

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15:15 EFCC begins manhunt for owner of seized N448.85m found in Lagos shopping complex

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16:56 First Bank, others roll out gifts to Nigerian Lady who refunded guy their date money (photos)

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Business

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  • Shell Nigeria shuts gas plant over encroachment on right-of-way of pipelines

    November 24, 2013 7:26 PM 21

    WorldStage Newsonline--The Shell Petroleum Development Company of Nigeria Limited said it has shut down the Obigbo gas plant in Rivers State due to encroachment on the right-of-way of gas pipelines. SPDC in a statement signed by its spokesperson, Precious Okolobo, stated that the company took the action on discovering that different types of buildings

  • BPE confirms privatisation of Nigeria’s refineries in 2014

    November 24, 2013 6:07 PM 29

    The Bureau of Public Enterprises, BPE, on Sunday said it would privatise the four refineries in the country next year. The Bureau’s Head of Public Communications, Chigbo Anichebe, said in Abuja that the refineries’ privatisation was part of the ongoing oil sector reforms. Earlier last week, the Minister of Petroleum Resources, Diezani Alison-Madueke

  • 100 Million Nigerians Are Destitutes, 63% Living Under $1.25 a Day! – WORLD BANK

    November 24, 2013 12:24 PM 17

    Marie-Francoise Marie-Nelly, World Bank Country Director for Nigeria, in Enugu said at the bank’s Country Programme Portfolio Review that 100 million Nigerians live in destitution and abject poverty. Her words, “1.2 billion people live in destitution out of which 100 million are Nigerians. Inequality is rising in many developing nations. “For this reason

  • Benchmarking 2014 budget oil price at $85/barrel

    November 24, 2013 7:55 AM 96

    November 24, 2013 by Odilim Basil Enwegbara The debate over the oil price benchmarking for the 2014 budget has become contentious to the extent that President Goodluck Jonathan has suspended, for the second time, the presentation of the 2014 Appropriation Bill to the National Assembly. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, now is in a war of words

  • Legislative Bill Proposing International Financial Centre Unconstitutional – Fashola

    November 23, 2013 6:55 AM 25

    Lagos State Governor, Mr Babatunde Fashola (SAN) has described the proposed “Nigerian Financial Centre Bill, 2011” before the National Assembly as an act of over legislation that is very clearly in defiance and in conflict with the Nigerian Constitution. The Governor, who spoke with newsmen after the 10th Executive/ Legislative Parley with the theme

  • Jumia To Boost Sales By 20 Percent In Nigeria

    November 23, 2013 6:52 AM 41

    Nigeria’s leading online retail company, Jumia, plans to increase its local sales from 20 to 40 per cent as the Yuletide season approaches. The company says it is eager to win more sales from Nigeria’s crude oil-driven economy, which is expected to grow more than 6 per cent this year and 7 per cent in 2014. Co-founder of Jumia, Tunde Kehinde, said it is important

  • Amosun leads team to Indonesia, seeks direct investment for Ogun

    November 22, 2013 3:57 PM 25

    The Ogun State Governor, Ibikunle Amosun, and some members of his executive council are now in Indonesia to participate in a week-long discussion with investors and top government officials in Surabaya, one of the provinces of the South-Asian country. The team, comprising of the Commissioners of Works and Infrastructure, Budget and Planning, Culture

  • FG Generated N2.716 Trillion in Q3, Articles

    November 22, 2013 11:50 AM 25

    The total revenue generated by the federal government in the third quarter of 2013 stood at N2.716 trillion, a report by the Central Bank of Nigeria (CBN) has shown. The central bank’s economic report for the third quarter of the year showed the amount represented a decline by 4.2 per cent and 1.58 per cent below the quarterly budget estimate and the level

  • Mail & Guardian Account Login

    November 22, 2013 11:30 AM 36

    Nigeria will announce rebased gross domestic product figures next month, which could reveal it to be Africa's largest economy — on paper, at least. But even if the new GDP figures mean it does not overtake South Africa to claim the number one spot, a major upward adjustment seems likely, according to experts. Nigeria's current GDP figures still use 1990 as the base year. The rebasing

  • Report Exposes JTF’s Complicity in Oil Theft, Articles

    November 22, 2013 11:19 AM 28

    Members of the Joint Task Force (JTF) stationed in the Niger Delta to fight the illegal activities of oil thieves, have been identified as part of the oil theft cartel in a report that details the complex activities of the economic saboteurs. The report, published by Stakeholder Democracy Network (SDN) in October, but which THISDAY accessed online Thursday