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Lagos budgets N1bn for new buses

LANRE BABALOLA Lagos commuters will have cause to smile this year if the Lagos State Government fully utilised the N1…

Blackout Paralyzes Federal High Court In Lagos

Judicial activities have been almost halted at the Lagos division of the Federal High Court because of power cut. In…

Waste Takes Over MM Airport staircase

Waste has taken over a staircase at Murtala Muhammed International Airport, Lagos, southwest Nigeria. P.M.NEWS learnt that many travellers and airport…

Accenture takes over Obamacare website

Global consulting firm Accenture has been chosen to take over the running of the US government’s trouble-plagued health insurance website,…

126, 000 graduates register for SURE-P job scheme

The Subsidy Re-Investment and Empowerment Programme (SURE –P) on Saturday in Abuja said 126,122 graduates have registered online for the…

Nigeria to issue N90bn bonds next week

Nigeria’s Debt Management Office (DMO) says it will on 15 January auction N90 billion worth of Federal Government bonds which…

2 Indian vehicle makers show interest in Nigeria

Two vehicle manufacturing companies from India, TATA and TVS Motor Company, on Friday indicated their interest to establish automotive plants…

Again, NNPC Says ‘Missing’ $11bn Already Spent

The Nigeria National Petroleum Corporation, NNPC on Friday said it is regrettable that despite the clarifications it made earlier and…

Maltreatment: Caverton Helicopters Expatriate Manager Resigns

Surendra Bhagwandass, an expatriate and a manager at Caverton Helicopters, a company that has contracts spanning from SHELL to TOTAL,…

Oil has made Nigerians lazy, says Gbajabiamila

Seun Bisuga Femi Gbajabiamila representing Surulere Federal Constituency at the House of Representatives believes that over reliance on crude oil…

CBN governor debunks rumours, quits in June

Ayorinde Oluokun/Abuja Mallam Sanusi Lamido Sanusi will quit office as the Governor of Central Bank of Nigeria on June 2…

Sack Oduah Now, Nigerians Tell Jonathan

Nigerians have again called on President Goodluck Jonathan to sack embattled Aviation Minister, Stella Oduah, over the fresh certificate scandal…

Get set…3D printing poised to shake up shopping, manufacturing

LAS VEGAS (AFP) – A 3D printing trend playing out at the Consumer Electronics Show bodes a future in which…

Lemo bows out as CBN Deputy Gov

Ayorinde Oluokun/Abuja Mr.Babatunde Lemo, Deputy Governor, Operations, Central Bank of Nigeria, CBN, Deputy Governor in charge of Operations is set…

NAFDAC Alerts On Fake Registered Products

The National Agency for Food and Drug Administration and Control, NAFDAC, has warned Nigerians of the activities of some production…

Nigeria considers road emergency in south east region

The Federal Government will evolve and implement an emergency plan to fix federal roads in dire state in the south…

Dana Air Acquires 2 Boeing Planes

Suspended Dana Air has acquired two Boeing 737-500 planes as it seeks to phase out its old McDonnell Douglas aircraft…

JPMorgan fined $2.6 bn for role in Madoff Ponzi fraud

US leading bank JPMorgan Chase will pay $2.6 billion for its role as the key banker in the mammoth 2008…

Nigeria makes 3,000th gas export landmark

Africa’s largest oil producer Nigeria on Tuesday exported its milestone 3,000th liquefied natural gas cargo since it began operations in…

Stella Oduah erasing her academic records, says Premium Times

Nigeria’s Minister of Aviation, Stella Oduah, who was exposed last night for claiming fraudulently that she got an MBA degree…

You can now pay cash into your account at any bank

A big relief to Nigerian bank customers: you no longer need to reach your bank to deposit cash. You can…

Wole Olanipekun Leads Ikuforiji’s Defence Team

The case of transacting financial business without going through any financial institution preferred against the Speaker of Lagos State House…

Stella Oduah forged MBA degree, says Saharareporters

Stella Oduah, Nigeria’s minister of aviation faces a fresh integrity scrutiny over her claim that she obtained an MBA degree…

A ‘Marshall Plan’ for Africa’s job challenge, by Tony Elumelu

To Africa’s many challenges, add one more: unemployment. Unemployment, independent of any other factor, threatens to derail the economic promise…

$11billion ‘missing’ oil money already spent, says NNPC

The Nigerian National Petroleum Corporation (NNPC) has dismissed the claim that the sum of $10.8billion, out of the alleged unremitted…

Human body parts ‘fall from sky’ in Saudi Arabia

Human body parts fell from the sky in the Saudi city of Jeddah Sunday, with police saying they could be…

FAAN denies blockade of Gombe Airport

The Federal Airports Authority of Nigeria (FAAN) has denied allegation that it prevented a chartered plane conveying some officials of…

Nigerians shy of stock market despite resurgence

Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are…

Nigeria: Four Cameroonians arrested for oil theft

Commodore Isaac Ogbole, Commander, Nigerian Navy NNS Jubilee in Ikot Abasi, Akwa Ibom, on Saturday said the command had arrested…

Analysis: Jonathan drops refinery sale over 2015 politics

The Jonathan government opened itself to a serious charge of duplicity and inconstancy over the future of Nigeria’s epileptic four…
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