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Arik Air, IATA Sign Weblink Agreement

Nigeria’s largest airline, Arik Air, and the International Air Transport Association, IATA, have signed a weblink agreement, the airline said…

Plane grounded after snake found at doorway

This Australian Government Department of Agriculture handout photo received on September 23, 2013 shows a small snake, identified as a…

Oil theft: Navy hands over 61 suspects to police

The Central Naval Command of the Nigerian Navy in Yenagoa on Tuesday handed over 61 suspected oil thieves to the…

Protests in Sudan over fuel price hikes

Sudanese demonstrators angry over oil price hikes set fire to the ruling party’s headquarters in the capital’s twin city of…

China building new airport terminals in Lagos, P-Harcourt

Simon Ateba/Aviation correspondent Chinese Civil Engineering Construction Corporation, CCECC, has started building new terminals at the Lagos and Port Harcourt…

Pipeline ‘sabotage’ Cripples Shell’s Oil Export

Anglo-Dutch energy giant Shell’s Nigerian subsidiary said Monday it has been forced to defer exports of 150,000 barrels of oil…

Chevron set to offload 3 oil blocks in Nigeria

(Reuters) – U.S.-based Chevron Corp will receive bids on 30 September from prospective buyers of three oil blocks in Nigeria’s…

Shell defers Nigeria exports after pipeline ‘sabotage’

Anglo-Dutch energy giant Shell’s Nigerian subsidiary said Monday it has been forced to defer exports of 150,000 barrels of oil…

BlackBerry agrees to $4.7 billion buyout

BlackBerry announced Monday it agreed to a $4.7 billion buyout by a consortium of investors who plan to take the…

Africa’s Digital Migration Dialogue Begins In Dubai

A galaxy of experts on digital broadcast technology today converged in Dubai, United Arab Emirates, UAE, to dialogue on issues…

400k barrels restored to Nigeria’s crude oil production

Nigerian National Petroleum Corporation, NNPC on Sunday said a daily production of 400,000 barrels per day had been restored to…

New Power tariff: Groups petition UN against Nigeria

The government of President Goodluck Jonathan faces rising pressure to reverse the recently introduced electricity tariff as the Nigerian Guild…

Aviation: Africa’s Risky Skies

By Simon Ateba/Aviation correspondent Africa is the second most populous continent on earth after Asia with more than a billion…

Crude oil theft: Shell shuts key Nigerian pipeline again

Royal Dutch Shell has closed a key Nigerian oil pipeline due to oil theft less than a week after it…

Igbos, other Africans making it big in China

HONG KONG (AFP) – From a windowless room in a dilapidated Hong Kong high-rise, Ali Diallo sells Chinese electronics to…

Nigeria to fight oil thieves with N15 billion

Nigeria’s Federal government has set aside the sum of N15 Billion for provision of equipment and logistics that will help…

Chatham House: Nigeria oil theft a global criminal enterprise

Oil theft in Nigeria is a huge criminal operation affecting companies and states around the world, but interest in tackling…

World Stocks Rally After Fed Keeps Stimulus Intact

Global stock markets soared on Thursday, especially in emerging economies, as investors welcomed the US Federal Reserve’s surprise decision to…

Osun state selling Nigeria’s first Islamic bond

Nigeria’s Osun State has begun offering the country’s first Islamic bond, taking a major step towards developing an Islamic finance…

Ibori’s shares in Nigeria’s fertilizer firm listed for forfeiture

Reuters (London)Jailed Nigerian former governor James Ibori used front men and shell companies to acquire a hidden stake in privatised…

UNCTAD warns on mono-culture agriculture, urges mosaic approach

​Farming in rich and poor nations alike should shift from monoculture towards greater varieties of crops, reduced use of fertilizers…

US Fed leaves stimulus unchanged at $85 bn

The US Federal Reserve on Wednesday left its $85 billion a month stimulus program in place, against broad expectations that…

Suspected Oil Subsidy Thieves Face Criminal Charges

A Federal High Court sitting in Lagos, southwest Nigeria, has adjourned till  Thursday, a N3.2 billion oil subsidy criminal case…

Oando slumps for second day on Ibori shareholding

Shares in Nigerian oil company Oando fell by almost the 10 percent limit allowed on the local stock exchange for…
Sanusi Lamido

Banks Warn Customers Over Scam Mails

Some banks in Lagos on Tuesday warned customers not to respond to requests for their personal bank details over the…

Olokola FTZ project still on course, say Amosun

Governor Ibikunle Amosun of Nigeria’s western state of Ogun on Tuesday said his government has not abandoned the multi-billion naira…

Court upholds 500-mn-euro fine against Berlusconi firm

An Italian appeals court Tuesday upheld a fine of more than 500 million euros that Silvio Berlusconi’s Fininvest company must…

Liberian leader’s son resigns as state oil firm head

The son of Liberian President Ellen Johnson Sirleaf has resigned as chairman of the state oil company, she said in…

IATA Boss Wants Safety Audit Mandatory For African Airlines

Simon Ateba and Chioma Okike The International Air Transport Association, IATA, on Tuesday, urged African governments to make operational safety…

Nigeria’s oil thieves still on rampage as shipments fall again

Nigeria’s Oil exports declined at a slower pace in the second quarter compared with the previous three months, Bloomberg quoting…
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