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Marijuana stocks hit highs after US state legalizes usage

Stocks of companies involved in the marijuana industry — medical or otherwise — hit fresh highs Thursday after Colorado launched…

Dangote $9.2 billion richer in 2013, Gates leads the world

The man who is the most generous giver on earth, Bill Gates is also the richest individual, according to a…

Oil theft reduced to 40,000 barrels per day, says Uduaghan

Governor Emmanuel Uduaghan of Nigeria’s Delta state said on Thursday in Abuja that the volume of oil theft in the…

Pilot Without Licence Lands Plane On Highway

A wealthy businessman who landed his private plane on a highway in central India this week had been flying without…

Tanzanian Finance Minister Dies In S/Africa

Tanzania’s finance minister William Mgimwa has died of natural causes at a Pretoria hospital, the South African government said Thursday.…

FAAN relocates cabs at Lagos Airport

Simon Ateba/Aviation correspondent The Federal Airports Authority of Nigeria , FAAN, said on Wednesday it has commenced the relocation of…

Ekiti state raises N5b fund for capital projects

The Ekiti State Government in western Nigeria, has completed its N25 billion bond issuance programme with second tranche offer for…

Latvia joins Eurozone

Latvia officially adopted the euro at the stroke of midnight local time, making the former Soviet state of two million…

82 pirates, robbers killed, 1857 crude oil thieves arrested

Joint Task Force in the Niger Delta Region (Operation Pulo Shield) says its operatives killed 82 sea pirates and robbers.…

Indian High Commission To Hold Exhibition

The High Commission of India will hold a 3-day Indian Products and Services Exhibition (IPASE-4) on January 16-18, 2014. The…

Oduah To Spend N800m On Vehicles

Nigeria’s embattled Aviation Minister, Princess Stella Oduah, will spend at least N800 million on vehicles in 2014, after splashing N643…

Ex-bank chief, Wilcox, others get bail

Akin Kuponiyi Justice Yunusa Ibrahim of the Nigerian Federal High Court in Lagos, on Monday granted bail to the former…

Nigerian lady excretes hard drugs inside aircraft

By Simon Ateba/Aviation correspondent Chizoba Anya, a Nigerian lady, has excreted wraps of substance that tested positive for methamphetamine on-board…

Aero Contractors plane loses pressure mid-air, lands safely

Simon Ateba/Aviation correspondent An Aero Contractors plane, whose tyre lost pressure mid-air, landed safely at the Murtala Muhammed International Airport…

Lagos splashes N1billion on graduate farmers

The Lagos State Government on Sunday said it had spent N1billion to support no fewer than 400 graduate farmers to…

Nigeria, Africa the new El Dorado for luxury cars

Porsches, Range Rovers and even Maseratis… luxury cars are no strange sight weaving through the old bangers that rumble along…

Governor Fashola Unveils Airtel’s 3.75G Internet Service

Airtel Nigeria has launched its latest offering, the 3.75G Internet data service. The high speed internet service was made available…

Aviation: 2013 and Nigeria’s turbulent skies

Simon Ateba/Aviation correspondent For those who have argued that the Nigerian aviation industry was teetering towards collapse and many Nigerian…

Defiant Oduah says she will not quit

Simon Ateba/Aviation correspondent Nigeria’s embattled aviation minister, Stella Oduah, will not resign and those who claim the House of Representatives…

$2billion spent to pay workers of defunct PHCN

Nigeria’s Federal Government on Tuesday said it had spent more than N360 billion on the payment of severance benefits to…

SEC approves Oando’s N30.7bn special placement

Nigeria’s Securities and Exchange Commission (SEC) has approved Oando’s N30.7 billion (about $200m) special placement fund raising exercise for the…

Nigeria completes privatization of power companies

Ayorinde Oluokun/Abuja Nigeria rounded off the privatization of successor companies to Power Holding Company of Nigeria, PHCN, its public utility…

Briton ordered detained for fraud charge

Justice Mohammed Yunusa of a Nigerian Federal High Court, Lagos, on Monday ordered the remand of a Briton, Gareth Wilcox…

Nigerian Breweries leads gainers at NSE

Equity transactions on the Nigerian Stock Exchange (NSE) opened for the week on Monday on the upbeat note with the…

Hassan Zein, Lebanese national kidnapped in Nigeria

The Police Command in the northern Nigerian state of Kano on Monday confirmed the abduction of a Lebanese national, Mr…

Passengers Stranded As Fares Double

Barely a few days to Christmas celebration, some passengers travelling out of Lagos State, western Nigerian, are stranded because of…

Sacked Bank Workers Battle MD Over Pay

Fifty-two senior bank workers recently sacked by the new Managing Director of Keystone Bank, Philip Ikeazor, have threatened to seek…

Advertising Guru, Sesan Ogunro Murdered

—Funsho Arogundade & Ayodeji Dedeigbo Marketing communications guru, Mr. Sesan Ogunro Snr., has been shot dead. Ogunro, the Managing Director,…

TCN denies sacking Priestman

The Transmission Company of Nigeria (TCN) says its pioneer Managing Director, Mr Don Priestman, was not sacked as reported in…

Despite strife, South Sudan oil flows

The flow of oil from South Sudan through northern pipelines has been unaffected by a week of fighting on southern…
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