June 19

• Nigeria: Lekoil Stakes U.S.$30 Million On Aje Field

  Lekoil 113 Nigeria Limited has said it is proposing the acquisition of a 6.5 per cent participating interest in Oil Mining Lease 113. OML113 is located offshore Nigeria in the... Read more »

June 18

• Nigeria: Court Awards N5 Billion Compensation to Maevis

  Justice Ibrahim Buba of the Lagos Federal High Court yesterday awarded N5 billion to Mavies Limited as general damages in a suit filed against Societe International... Read more »

• Nigeria: Sterling Bank Raises N12.5 Billion in Rights Issue

  Directors of Sterling Bank and other professional parties yesterday concluded pre-offer processes for a N12.5 billion rights issue, paving way for the application list for the... Read more »

June 17

• Nigeria: Samsung Targets Youths With New Galaxy Smartphone

  Samsung has announced its new Galaxy Star smartphone targeted at the younger generation of mobile phone users. Read more »

• Nigeria: Cadbury Injects U.S.$130 Million On Plant Expansion

  Cadbury Nigeria Plc says it has spent $100 million for the upgrade of its manufacturing plant in Nigeria. Another $30 million is to be spent on the second phase of the upgrade,... Read more »

June 14

• Nigeria: MTN to Start Home Delivery of Fibre Optic

  MTN Nigeria says it has concluded arrangements to deliver broadband Internet via its high-speed fibre network to Victoria Garden City, Ajah, Lagos. Read more »

• Nigeria: 'New Nigeria' MD Locked Up in Office Over Non-Payment of Salaries

  Embattled workers of New Nigerian Newspapers in Kaduna yesterday locked up Managing Director of the company Tukur Abdulrahman and other top management officers in the board room... Read more »

• Nigeria: MTN Stops SIM Swaps By Proxy

  MTN Nigeria says it will discontinue SIM swaps by proxy effective from June 7, 2013, stating that after this date, customers who wish to 'swap' or replace their SIM cards as a... Read more »

• Nigeria: Glo Launches Mobile Newspaper

  Globacom has launched a mobile newspaper service named Glo-Mpaper. Read more »

• Nigeria: Why FG Is Liquidating Nitel - BPE

  The federal government adopted the process of guided liquidation for the moribund Nigerian Telecommunications Limited (NITEL) transaction because the company's liabilities far... Read more »

June 12

• Nigeria: PIB - NUPENG Accuses Multinational Companies of Blackmail

  The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has described the suspension of investments by multinational oil companies in the nation's oil and gas sector due to... Read more »

June 11

• Nigeria: Dangote Trucks Converted to Use Gas, Diesel

  A subsidiary of Dangote Group and division of Borkir Energy, Sagas, has launched the first Compressed Natural Gas (CNG) Conversion centre in Lagos. Read more »

• Nigeria: Chanchangi Airline Workers Protest Non-Payment of Pay Arrears

  Workers of Chanchangi Airlines, numbering about 53, yesterday embarked on a peaceful protest over refusal of its management to pay their 36 months' salary arrears. Read more »

• Nigeria: Delta Steel - Communities Reject Global Steel Comeback

  Host communities of the Delta Steel Company, Aladja have threatened to take over the land, equipment and facilities of the plant should the federal government allow the return of... Read more »

• Nigeria: South African Firm Acquires 256 Million Shares of Dangotecem

  A South African firm, Public Investment Corporation (PIC), has bought over N45.75 billion worth of Dangote Cement shares. Read more »

June 10

• Nigeria: Lufthansa Explains Disparity in Foreign Airlines Fare

  The Lufthansa Airlines yesterday said the economies of demand and supply had created foreign airlines' fare disparity among African nations. Read more »

• Nigeria: Volkswagen Centre Opens Showroom in Lagos

  The Volkswagen Centre, Nigeria's foremost Volkswagen dealership has opened a new showroom located between the trio of Audi, Skoda and Porsche showrooms in the high street of... Read more »

• Nigeria: Dangote Group Pays N59 Billion Dividend in 2012

  Three subsidiaries of Dangote Group paid about N59 billion dividend last year alone. Read more »

• Nigeria: Slot Systems Urges Understanding On Warranty

  Slots Systems Limited has identified the need for Nigerians to have proper understanding of warranties covering various mobile devices they purchase. Read more »

• Nigeria: Between Soaring Dangote and Crumbling Business Sector

  The chairman of Dangote Group, Alhaji Aliko Dangote's business empire continues to rise. But what confounds average Nigerians is the disconnect between Dangote's success and the... Read more »

• Nigeria: Bi-Courtney Accuses FAAN of Vandalism

  Bi-Courtney Aviation Services Limited (BASL) has accused the Federal Airport Authority of Nigeria (FAAN) of vandalising its property at the Murtala Muhammed Airport 2 (MMA2). Read more »

June 7

• Nigeria: Police Micro Bank Pays 10k Dividend to Shareholders

  The board of the Nigerian Police Force Microfinance Bank Plc has announced that the bank will pay a dividend of 10 kobo per share to its shareholders for the 2012 financial year. Read more »

June 6

• Nigeria: First Bank Suspends Operations for IT Upgrade

  From today, First Bank of Nigeria Limited (FirstBank) will shut down its operations till next week Monday to enable it upgrade information technology (IT) infrastructure. Read more »

• Nigeria: Nestle Re-Affirms Commitment to Sustainable Environment

  The management of Nestle Nigeria Plc has expressed determination to lead by example, the campaign for a safe and sustainable environment as the world marks global Environmental... Read more »

• Nigeria: Mouka Partners Online Stores On Product Sales

  Mouka Limited is partnering two online stores Konga.com and Jumia.com, to provide internet based platforms for transaction between the company and its customers. Read more »