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Economy, Business and Finance - Top News

  • December 3
  • Citizen Tanzania: Police Officer Says How EPA Money Was Trailed

    The Kisutu Resident Magistrate Court yesterday heard how investigators used paper trail to nab some of the EPA case suspects.

  • Citizen Tanzania: Water Shortage Bites As Sh900 Million Scheme Falters

    A major water project in Bunda District has stalled in mysterious circumstances.

  • Citizen Africa: Ndulu's Take On African Economies

    Bank of Tanzania (BoT) governor Prof Benno Ndulu has advised African countries to take corrective measures to bail out their economies which have been adversely affected by the recent world economic crisis.

  • Mmegi Southern Africa: Choppies Footprint Straddles Botswana and SA

    The Choppies Group has set the pace to double its footprints across Botswana and the southern African region.

  • Mmegi Botswana: 'Broke' Botswana to Inject P1 Billion Into De Beers

    The three shareholders of De Beers, one of whom is the government of Botswana, have reportedly agreed in principle to rescue the diamond giant from debt by injecting up to US$1 billion (P6.5 billion) into the company, through share placing,

  • Daily Trust Nigeria: Tipper Crushes Female Prisons Officer At Kuje

    An unidentified female prisons officer was on Tuesday morning crushed to death by a tipper vehicle at Pasali community in Kuje Area Council.

  • Daily Trust Nigeria: Nigeria Eagle, Delta Airlines Sign MoU

    Nigeria Eagle and the American airlines, Delta Airways, have signed a Memorandum of Understanding (MOU) to expand air travel between North America and Nigeria.

  • Daily Trust Nigeria: NNPC Begins Take-Over of Fuel Stations

    The Nigeria National Petroleum Corporation (NNPC) has said that it has already commenced with its new retail plan to partner with independent and private filling station owners within the country where it will take over the stations in order to sustain steady fuel supply.

  • Daily Trust Nigeria: Lucky Fibres Invests N1 Billion Into New Facility

    Lucky Fibres Plc, manufacturers of Nobel Carpets & Rugs has investment N1 billion into a new yarn plant facility that will see them produce at least 500 tonnes of rug carpets per month.

  • Daily Trust Nigeria: Minister Commissions Rural Electrification Projects At Kuje

    Minister of State for FCT, Chief Chuka Odom, Tuesday commissioned four rural communities electrification projects at Kuje Area Council.

  • Daily Trust Nigeria: The Nation Earns N900 Billion From Bonga Oil Field

    Nigeria earns N900 billion from Bonga oil field in the past four years, Managing Director of Shell Nigeria Exploration and Production Company Chike Onyejekwe has said.

  • Daily Trust Nigeria: India Donates Computers to NDA

    The Indian government has donated desk top computers and other accessories to the Nigerian Defence Academy (NDA)'s Directorate of Information and Communication Technology which was commissioned yesterday by Air Marshal Paul Dike, the Chief of Defence Staff.

  • Tunisia Online Tunisia: Kick-Start of International Conference On Knowledge Economy

    Under the patronage of the President of the Republic, works of the 1st session of the International High-Level Conference on "Building knowledge Economies: Towards Creating Job Opportunities, Promoting Competitiveness and Achieving a Balanced Development", started today.

  • Daily Champion Nigeria: 'Only 50 Percent of 2009 Budget Fund Released'

    With few days to the end of the year, the Minister of State for Finance, Mr. Remi Babalola yesterday revealed that only 50 per cent of the nation's 2009 capital budget has been released to Ministries, Departments and Agencies (MDAs).

  • Daily Champion Nigeria: Dutch Buyers Line Up for Sick Banks

    There are indications that investors from The Netherlands may have indicated interest in ailing Nigerian banks and may be on their way to hold strategic intervention talks with some of the banks next week in Abuja.

  • Leadership Nigeria: Olabisi Onabanjo Varsity Sacks 962

    Olabisi Onabanjo University (OOU), Ago-Iwoye, Ogun State, yesterday sacked 962 academic and non-academic staff of the university. The Pro-Chancellor and Chairman of the University Governing Council,Chief Alex Onabanjo, announced the sack at a press conference held at Iwe-Iroyin Press Centre, Abeokuta. The pro-chancellor, who was represented by Sina Kawonise, at the conference, further added that ...

  • Leadership Nigeria: Kuje Spends N200 Million On Road Rehabilitation

    As part of its efforts towards transforming Kuje to a modern city, the council chairman, Hon Danladi Etsu Zhin, has revealed that over N200m was spent on the rehabilitation of township roads, apart from various completed and ongoing projects.

  • Leadership Nigeria: Kuje Village Gets Rural Electrification

    Residents of Yenche Village in Kuje Area Council who have never had electricity can now heave a sigh of relief as the chairman of the council, Dr. Danladi Etsu Zhin, has completed a rural electrification project in the village.

  • Leadership Nigeria: Coca-Cola May Move Out of the Country

    Nigeria will see Coca-Cola move out of the country and go to Cote D'Ivoire, and will be part of a list of companies leaving Nigeria, LEADERSHIP learnt yesterday.

  • Daily Trust Nigeria: Court Orders Coy Removal of Telecom Mast

    The Federal High Court sitting in Kaduna presided over by Hon. Justice M. L. Shuaibu has ordered a Telecommunication Company, Helios Towers, to dismantle and remove its mast located in residential premises in Kaduna, installed without conducting an Environmental Impact Assessment as required by law.

  • Daily Trust Nigeria: Firms Get U.S. $230 Million Contract for Kaduna Power Plant

    A foreign firm and a Nigerian company have been awarded $230 million contract by the Federal government to construct power plant in Kaduna state. GE Oil & Gas, a world leading company in oil and gas equipment and services and Rockson Engineering Nigeria got the contract for the installation and commissioning of a dual fired (low pour fuel oil/gas) 150-200MW power plant in the state.

  • Daily Trust Nigeria: AIB Holds International Safety Confab On Accident

    Accident Investigation Bureau (AIB) has announced a two-day international safety conference to sensitize stakeholders on ways to curtail future incidents in the nation's aviation industry.

  • Leadership Nigeria: Investors' Wealth Up By N38 Billion At NSE

    Transactions at the Nigerian Stock Exchange (NSE) yesterday saw investors' wealth rising by N38 billion, occasioned by gains in 24 companies.

  • Leadership Nigeria: Housing , Environmental Protection to Gulp Over N36 Billion in Lagos

    There is an indication that housing and environmental protection in Lagos State would gulp over N36 billion in 2010.

  • Leadership Nigeria: Nation Earns N900 Billion From Bonga Oil Field

    The Managing Director of Shell Nigerian Exploration and Production Company, (SNEPCo), Mr Chike Onyejekwe has disclosed that Nigeria earned over N900 billion from Bonga oil field in the last four years.



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