Category: Business

Apple iPhone sales fall, but beat estimates

Apple has reported its third quarter in a row of falling iPhone sales and revenue, but sales beat analyst expectations. The tech giant sold 45.51 million iPhones in the...

Stopping food imports not really need – Emir Sanusi

Emir of Kano and former governor of Central Bank of Nigeria (CBN) Sanusi Lamido Sanusi has said that stopping the importing of foods into Nigeria will not automatically...

Senate suspends work on 2017 budget, summons ministers

Crisis is brewing between the National Assembly and the Federal Government over the 2017 budget. The Senate has suspended work on the Medium Term Expenditure Framework...

Over 2,000 Benue LG pensioners get entitlements

2, 193 Local Government retirees have started receiving their entitlements after several years of non-placement on pension. Most of the beneficiaries are those who left...

GTBank records high operating expense in nine-month report

Guaranty Trust Bank (GTBank) in its nine-month unaudited report posted an 8.2 per cent increase in operating expenses, an indication of rising challenges in the...

Patience Jonathan angry, sues SERAP over $15m saga

Socio-Economic Rights and Accountability Project (SERAP) has been sued over alleged “campaign of calumny against Dame Patience Jonathan using online, print and...

Money laundering: NDLEA intercepts 325,640 euros, $30,000 at Lagos airport

Officials of the National Drug Law Enforcement Agency (NDLEA) have intercepted €325,640 as well as 30,000, about 175 million naira being smuggled from Greece and...

$680m trapped funds: Emirates set to quit Nigerian routes

Emirates, the United Arab Emirates airline may soon join a growing list of international flyers that have boycotted hitherto lucrative Nigerian routes. This according to...

White woman comes to Nigeria to meet man who scammed her

I’m sure you would have heard various online scam stories between Nigerian guys and oyinbo women, but this one we found on BBC is somehow different and mind-blowing!...

Ikeja Electric appeals to customers on power outage

THE management of Ikeja Electricity Distribution Company, IE, has pleaded with its customers over power outage, blaming it on faulty 100MVA transformer at Ejigbo...