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Business

Ethiopian Airline in maiden flight to Addis from Enugu

It was jubilation galore in Enugu, eastern Nigeria on Saturday as the first international flight from Akanu Ibiam Airport took…

Stowaway boy arrested At Lagos airport

Simon Ateba/Aviation correspondent A teenage boy who beat security personnel at the Benin Airport to hide inside an Arik plane…

Nigeria saves N25b from direct sale of fertilizers

Nigeria’s Federal Government said on Friday it saved N25 billion from fertiliser distribution policy in 2012 by directly supplying the…

Nigeria Targets 750k Jobs In Agriculture

The federal government has targeted to generate a total of 750,000 job through the proposed ‘Nagropreneur programme’ that would be…

Uduaghan , Anyim, Dangote warn on oil dependence

JETHRO IBILEKE/Asaba Going by the present indices in the oil market, bleak future awaits Nigeria, if it continues to rely…

Aero resumes flights to Kaduna, Obaro Ibru quits

Simon Ateba/Aviation correspondent Aero Contractors, Nigeria’s second largest airline, will resume daily flight to Kaduna on 29 August with a…

Jonathan: Nigeria Keen On Promoting Non-Oil Exports

President Goodluck Jonathan Thursday in Abuja reaffirmed his administration’s determination to do all within its powers to facilitate and encourage…
Sanusi Lamido

NDIC: Only 10 Nigerian Banks Are Sound

The Nigeria Deposit Insurance Corporation, NDIC, has said that only 10 out of the 20 banks in Nigeria are sound.…

Nigeria to commission 7 power plants, approves 5 roads

The Minister of Power, Professor Chinedu Nebo, said on Wednesday that seven power plants and 150 new sub-stations built across…

Flour Mills, Guinness lose at Nigeria’s exchange

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday continued on a downward trend as its indices depreciated by 0.58…

Nigerian navy kills 12 pirates after fuel vessel hijack

The Nigerian navy has killed 12 suspected pirates and rescued a hijacked vessel laden with fuel in the country’s oil-producing…

Bank Customers Unaware Of Mobile Money Services —Poll

The latest Mobile Money Services Snap Poll conducted by NOI Polls has revealed that almost 6 in 10 Nigerians (59%)…

MTN Refocuses Vision On Subscriber’s Services

Ahead of its celebration of connecting people across the continent for nearly 20 years, MTN Group says it has refocused…

Ethiopian Airlines Begins Enugu – Addis Flights next week

Simon Ateba/Aviation correspondent Ethiopian Airlines will begin Addis Ababa – Enugu flights on 24 August, Nigeria’s aviation authorities disclosed on…

Nigeria signs $3.7b coal mining and power plant

President Goodluck Jonathan said on Monday that Nigeria can generate up to 30 per cent of its energy needs from…

Rice theft: Lebanese, 8 Nigerians get bail

A Nigerian Federal High Court in the capital of Abuja, on Friday admitted to bail, a Lebanese and eight Nigerians…

Turn Your Backyard Garden To Snail Haven

Prince Arinze Onebunna Are you an unemployed graduate or did you just retire from paid employment and you are aspiring…

Customs Exposes Auction Scammers

Have you ever received offer for auctions of vehicles supposedly from the Nigeria Customs Service or the Comptroller General of…

Chevron Officials Confirm Oil Leak

A leakage in a gas field operated by Chevron in the Atlantic Ocean off Bayelsa coastline has led to the…

Nigerian arrested over fake home sale in Australia

A Nigerian has been arrested in Lagos over the attempted fraudulent sale of a house in Western Australia. Ntuen Promise…

Nigerian editors to discuss economy without oil

More than 300 Nigerian editors are expected to gather in Asaba, capital of Delta state from 21 August to 24…

Sluggish China economy churns out fewer millionaires

China’s millionaires, a symbol of the country’s growing wealth, increased at their slowest rate in five years in 2012 as…

Analysis: China’s economic miracles, fake statistics

BEIJING (AFP) – China has soared almost to the top of the world’s economic league tables, but whether the official…

Nigeria loses $1.2 billion to oil thieves in a month

Nigeria lost about 1.2 billion dollars to oil thieves in a single month of the first quarter of 2013, an…

Mechanic wins Etisalat star prize

A 26 year-old mechanic, Stephen Mbah has emerged the first star prize winner in the monthly draw of the 2013…

Chad suspends Chinese firm for environmental violations

Chad said Tuesday it had suspended all operations of the local unit of China National Petroleum Corporation for flagrant violations…

Nigerian Group Plans Radio Station In Ivory Coast

A group of Nigerians in Abidjan has announced plans to establish a radio station in the Cote d’Ivoire. The group,…

Bleak future for OPEC nations as oil demand falls

PARIS (AFP)The International Energy Agency has trimmed its outlook for oil demand over the next 18 months and highlighted threats…

Jomo Kenyatta Airport bubbles again after fire

International flights landed at Jomo Kenyatta Airport in Nairobi Thursday morning, the first since a fire a day earlier gutted…

Free bus ride for Lagosians on Eid-el-Fitri

The Lagos State Government will provide free bus ride to Nigerians living in Lagos on Friday, 9 August, 2013 to…
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