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Nigeria’s unrest, crude theft dent Shell’s profit again

Royal Dutch Shell’s net profit slid 35 percent in the third quarter on lower refining margins and disruption to production…

IMF warns Nigeria, others on financial shocks

The International Monetary Fund on Thursday warned Nigeria and other sub-Saharan African nations witnessing rapidly growing economies that they need…

As PHCN switches to new owners, Nigeria assures workers

Less than 48 hours to the hand over of Power Holding of Nigeria assets to new owners, the Permanent Secretary,…

FAAN admits buying 2 armoured limos for Princess Oduah

The Chairman, Senate Committee on Aviation, Senator Hope Uzodinma, on Wednesday said the Federal Airports Authority of Nigeria (FAAN) purchased…

Oduah’s BMW cars: Can of worms as Coscharis faces Reps panel

The Nigerian Customs Service (NCS) on Wednesday said that the Federal Ministry of Finance granted a waiver of N10.1 million…

PAN wants total ban on car imports

Mr Ibrahim Boyi, the Managing Director, Peugeot Automobile of Nigeria (PAN), has called on the Federal Government to ban importation…

Subsidy Fraud: Alao Asks Court To Set Aside Ruling

An oil marketer, Abdullahi Alao, has asked an Ikeja High Court to set aside its ruling which dismissed his application…

CACOL Petitions ICPC Over Armoured Cars Scandal

The Coalition Against Corrupt Leaders (CACOL) on Wednesday staged a protest in Lagos to demand investigation and prosecution of Aviation…

Britain set to issue sovereign Islamic bond

British Prime Minister David Cameron on Tuesday made a bid to position London a leading hub for Islamic finance. Cameron…

Day old chicks hot cake in Kaduna

Sellers of day-old chicks in the northern Nigerian city of Kaduna are recording high patronage as breeders buy the chicks…

N255m BMW Car Scandal: Reps Shift Hearing To 30 Oct

The House of Representatives’ Committee on Aviation has rescheduled the public hearing on the alleged purchase of two BMW cars…

Candle Light For MIC Plane Crash Victims

It was a sober moment on Monday night as staff of MIC Funeral and other funeral companies held a candle…

We have documents on BMW cars, NCAA tells Falana

Simon Ateba/Aviation correspondent The Nigerian Civil Aviation Authority, NCAA, now has the documents relating to the BMW car scandal rocking…

Nigeria, Israel sign BASA but Oduah absent

Nigeria and Israel have signed the Bilateral Air Services Agreement(BASA), in Jerusalem, but curiously without the loud presence of aviation…

Oduah Now to Appear Before House Committee on Wednesday

Princess Stella Oduah, Nigeria’s Minister of Aviation will now appear at House of Representatives’ Committee on Aviation public hearing on…

Glo Launches Vigicom For Vigilante Groups

Globacom has launched a new communication package that will assist members of the Vigilante Group of Nigeria (VGN) to effectively…

Algeria strikes big oil deposits

Algeria’s national energy firm Sonatrach has discovered a major oil field with almost 1.3 billion barrels of deposits in the…

Serbia’s airline names plane after Djokovic

Serbia’s new national airline, Air Serbia, began flying Saturday with a plane named after favourite son Novak Djokovic, the men’s…

Commuters stranded as BRT workers boycott work

Damilare Okunola Commuters in Lagos, western Nigeria, were stranded, Saturday morning, when workers with the Bus Rapid Transit, BRT scheme…

ECOWAS approves single customs bloc

Leaders of the 15-nation Economic Community of West African States (ECOWAS) agreed on Friday to implement a single customs tariff…

Oshiomhole commissions 100 taxis for ex-Okada riders

Governor Adams Oshiomhole of the southern Nigerian state of Edo has commissioned one hundred units of Suzuki cars procured by…

Pre-Paid Meters: Indigenous Firms Partner Ikeja DISCO

Six indigenous pre-paid meters manufacturing companies on Friday said they were partnering the Ikeja Electricity Distribution Company on meter procurement…

Britain’s economy gathers speed

Britain’s economy grew at the fastest rate for more than three years during the third quarter, official data showed on…

JMG To Handle MTN’s N1.3bn Network Upgrade

MTN Nigeria has awarded a £6million (N1.3billion) contract for the modernization of it mobile communications network in the country to…

MTN’s 3rd quarter growth flat

South Africa’s MTN Group on Thursday reported a slower-than-expected one per cent increase in subscribers for the third quarter. The…

Fayemi flags off building of 5,000 houses in Ekiti

The Government of the western Nigerian state of Ekiti says it will build 5,000 low cost housing units before the…

Nigeria votes N58.6billion for dockyard, ship building facilities

Nigeria’s Federal Executive Council on Wednesday approved N58.6 billion contract for the construction of ship building facilities and dockyard in…

South African firm to debut with smartphone made in Africa

A South African company hopes to rival the likes of Samsung and Nokia with home-grown smartphones tailored to African needs.…

MEND claims Warri Refinery fire

Okafor Ofiebor/Port Harcourt & Jethro Ibileke The Movement for the Emancipation of the Niger Delta (MEND)has claimed responsibility for the…

Oduah’s car scandal: Aviation authorities now blame APC

Simon Ateba/Aviation correspondent Nigeria’s aviation authorities on Tuesday gave a different version of a story involving the purchase of two…
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