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Business

Dana Resumes Port Harcourt Flights

Simon Ateba/Aviation correspondent Dana Air recommenced Port Harcourt flights on Monday, expanding its operations for the first time beyond Lagos…

Jonathan: US report on Nigeria corruption ‘over amplified’

Ayo Oluokun/Abuja President Goodluck Jonathan has described claims that his administration is dogged by massive corruption in a report by…

Ladipo Market leader arraigned over N52m fraud

Henry Ojelu Nigeria’s Economic and Financial Crimes Commission, EFCC today arraigned the embattled President of Aguiyi Ironsi Market, popularly known…

Ladipo Market: Traders Cry For Help

For some traders at the Aguyi Ironsi section of Ladipo International market, this is not the best of times as…

Clearing Agents Flay Slow Scanning Process

Some clearing agents have experienced dissatisfaction over the hitches and delay being experienced at the scanning sites in Lagos Ports.…

E-PPAN Boss Calls For PoS Connectivity

Mrs. Onajite Regha, Chief Executive Officer, Electronic Payment Providers Association of Nigeria (E-PPAN) has called for an industry collaboration that…

Workers strike paralyses Lufthansa

German airline Lufthansa said Monday it has cancelled most of its domestic, European and long-haul flights at six German airports…

N420b saved from contract vetting, says BPP

Nigeria’s Bureau of Public Procurement (BPP) has saved N420B for the Federal Government in the last 15 months through the…

Economists verdict: Africa’s boom not denting poverty

JOHANNESBURG (AFP) – Fast-paced African countries may have growth rates that are the envy of developed economies, but the continent’s…

World Bank sets 2030 date for end of poverty

WASHINGTON (AFP) – The World Bank gathered the might of the international community Saturday behind its audacious plan to eradicate…

Fitch strips Britain of top rating

Fitch on Friday stripped recession-threatened Britain of its top triple-A rating, moving it down one notch to ‘AA+’ as a…

N4.5m Dud Cheque: Suspect Faults EFCC

A suspect, Kabiru Mohammed who was on Tuesday arraigned by the Economic and Financial Crimes Commission, EFCC for issuing a…

NBA, Others Back 10-Year Jail Term For Pension Thieves

Some prominent lawyers on Thursday backed the proposal by the Federal Government to enact a law with a provision of…

Steel ‘ll Complement Transformation Agenda, says Jonathan

Abiodun Onafuye/ Abeokuta Nigeria’s President Goodluck Jonathan has described the establishment of a steel rolling mill by Wempco Limited as…

EFCC Arrests Imo Finance Commissioner, Accountant General

The Economic and Financial Crimes Commission, EFCC, has arrested two top officials of the Imo State Government. They are the…

Nigeria: Shell shuts key pipeline to repair oil theft damage

Shell has shut a key oil pipeline in southern Nigeria to repair damage caused by oil thieves, leading to a…

US apex court rejects Nigeria torture case

The US Supreme Court ruled Wednesday that the country’s justice system does not have jurisdiction to determine whether oil giant…

Bird flu kills 16 in China

SHANGHAI (AFP) – H7N9 bird flu has claimed two more lives in Shanghai, Chinese state media said on Tuesday, bringing…

NCAA Reads Riot Act To Foreign Airlines

Simon Ateba/Aviation correspondent Nigeria’s aviation regulatory body has given foreign airlines operating in the country two weeks to comply with…

IMF predicts growth for Nigeria, Mozambique

Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates…

Controversy Over FIRS Top Job

The appointment of a new chairman for the Federal Inland Revenue Service is halted by legal action against the process,…

Oil Subsidy Scam: PMS Imported Through Dead Vessel

A prosecution witness, Tolu Olanubi, in the ongoing trial of Alhaji Saminu Rabiu, Jubril Rowaye, Alminnur Resources Limited and Brila…

Amaechi denies rip-off in helicopter purchase

Okafor Ofiebor/Port Harcourt Governor Rotimi Amaechi of Nigeria’s oil rich Rivers state has denied allegations that his government and the…

EFCC confirms arrest of ex-MINT MD

The Economic and Financial Crimes Commission, EFCC has confirmed the arrest of Mr. Ehi Okomoyon, former Managing Director of the…

Bank Asks Court to Compel Director to Pay Debt

Nnamdi Felix / Abuja In a renewed drive to recover debts owed it, Union Bank of Nigeria Plc has asked…

Displaced Alakoro Traders Seek Govt Assistance

The displaced traders of Alakoro market, Apongbon, Lagos Island have cried out to the government to provide them an alternative…

Balogun Mall Crisis: Traders Appeal To New Owners

Traders at the new Balogun Ultra Modern Market which has been an object of litigation has appealed to the Balogun…

NPA To Expand Bonny Channel

The Nigerian Ports Authority (NPA) has resolved to expand the Bonny channel to accommodate the Nigerian Liquefied Natural Gas (NLNG)…

Business Owners Urged To Be Diligent

The CEO of Somi group of company, Somi Uranta has advised small and medium scale business owners to be diligent…

Rice Production: Lagos To Get N31.6bn World Bank Loan

The World Bank intends to provide a credit of N31.6 billion ($200 million) to Lagos State to boost rice production,…
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