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WISTA Clamours For More Women In Maritime Sector

The Nigeria Women’s International Shipping and Trading Association (WISTA) has stressed the need to promote women capacity development in the…

Day 12: Aero Contractors Still Grounded

Nigeria’s second largest airline, Aero Contractors, remained grounded on Monday, twelve days after a labour crisis paralysed its activities nationwide.…

Shell’s Nembe trunk line breached at 22 points by oil thieves

The Joint Military Task Force (JTF) said on Sunday in Yenagoa, Bayelsa state that it has discovered 22 leakage points…

Euro rebounds in Asia on Cyprus bailout deal

The euro rallied in Asian trade on Monday after eurozone finance ministers agreed on a 10-billion-euro bailout for Cyprus as…

China makes peanuts ‘new gold’ in Senegal

DINGUIRAYE, Senegal(AFP) – High walls protect a Chinese peanut warehouse in central Senegal, where the product is becoming the new…

Nigeria to earn $10b from gas, says NNPC GMD

Mr Andrew Yakubu, the Group Managing Director, NNPC, says Nigeria will earn nearly 10 billion dollars as Foreign Direct Investment…

Breaking News: ENI suspends oil drilling in Bayelsa state

Italian energy major ENI said on Saturday it had suspended its activities in Bayelsa state in southern Nigeria due to…

Church wants Cyprus quit Euro

The head of the powerful Orthodox Church in Cyprus said in an interview published on Saturday that he favoured the…

Cyprus MPs under pressure to rethink bank levy

Cypriot politicians were facing increasing pressure to rethink their rejection of a levy on bank deposits, as a deadline to…

Army seizes 14 tankers with suspected stolen crude

The Nigerian Army said on Friday it’s men arrested 14 tankers suspected to be loaded with crude oil stolen from…

MTN fined N90m by NCC

The Nigerian Communications Commission (NCC) has asked MTN to pay N90 million fine, about $500,000, for non compliance with Key…

Cattle traders at Karra Market get quit notice

The government of the western Nigerian state of Ogun has handed a final quit notice to cattle traders and other…

Lagbaja Gets Mouth-Watering Globacom Deal

Afro-Highlife music star, Lagbaja has  joined the exclusive list of artistes signed on as brand ambassadors with Nigeria’s telecomunications giant,…
Nigeria's airline, Aero Contractors, pegs fares for all routes within the country at N80, 000 for one-way trips for the Yuletide season.

Day 9: Aero Planes Still Grounded

Nigeria’s second largest airline, Aero Contractors, remained grounded on Friday, nine days after a labour crisis paralysed its activities nationwide…

Russia declines help to Cyprus in hour of need

NICOSIA (AFP) – Russia Friday spurned investment proposals that would have helped rescue the Cyprus economy, piling pressure on Nicosia…

Glo Unveils New Strap Line

As telecommunications giant, Globacom prepares to celebrate its 10th anniversary on the 29th of August this year, the company has…

No Going Back On Oil Subsidy Removal —Jonathan

The President Goodluck Jonathan-led Federal Government has restated its plan to fully deregulate the downstream oil sector, despite the aversion…

Fuel Tank Farm Owners Seek Relocation Of Residents

The Jetty and Petroleum Tank Farm Owners of Nigeria (JEPTFON) on Wednesday called for relocation of all residents near tank…

Nigeria makes $469m over PHCN sale

Nigeria’s Bureau of Public Enterprise (BPE) said it had received the sum of 469,031,940.46 million dollars from preferred bidders for…

Jonathan visits Equatorial Guinea to boost ties

Nigeria’s President Goodluck Ebele Jonathan will embark on a two-day state visit to Equatorial Guinea, Thursday, March 21, to boost…

Report: US To Join Oil Exporters

The US will become a net oil exporter late this year as domestic crude production surpasses imports for the first…

NCAA Grounds Aero Contractors

Hundreds of striking workers of Aero Contractors erupted in jubilation on Wednesday after learning that the Nigerian Civil Aviation Authority,…

We Are Creating Jobs From Grasscutter Farming

Prince Arinze Onebune, the CEO and Managing Consultant of Jovana Farms is undoubtedly one Nigerian who is passionate about job…

Diamond Bank, 2 workers face money laundering charge

A Federal High Court in Lagos on Tuesday fixed June 18 for trial of two employees of Diamond Bank Plc,…

China solar giant Suntech goes bankrupt

SHANGHAI (AFP) – China’s Suntech has made a painful journey from being the world’s largest solar panel producer to flirting…

Russians threaten to leave Cyprus over IMF deposits tax

LIMASSOL, Cyprus(AFP) – Angry Russian residents of Cyprus are talking of giving up on the Mediterranean island over a eurozone…

Kuwait to reduce expatriates by one million

Kuwait, where expats make up 68 percent of the population, plans to reduce the number of foreigners living in the…

FAAN confiscates Babalakin’s property

Simon Ateba/Aviation correspondent The crises rocking Nigeria’s aviation industry took a turn for the worse on Tuesday, with airport authorities…

Customer Loses N47m To Banker

A banker with an old generation bank in Lagos, Mr. Peter Obi, 41, who allegedly posed as a bureau de…

Aero Crisis: Management, Labour In Crucial Talks

Protests continued on Tuesday morning at the headquarters of Aero Contractors, Nigeria’s second largest airline, now grounded for six days,…
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