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Business

ACN Queries Plans to Privatize Nigeria’s Maritime Security

.Nigeria’s leading opposition party wonders why Nigerian government concessions maritime surveillance to an ex-militant The Action Congress of Nigeria (ACN)…

Nigeria’s Fuel Price Swings, Protests Hurt Jonathan’s Image

Nigerian President Goodluck Jonathan’s bungled effort to raise the country’s fuel prices to the market rate has hurt his international…

FG Urged To Review Shippers’ Council Act

The Federal Government has been advised to review Shipper’s Council Act to make it perform better this year. In a…

Maritime Industry Loses Over N36b To Labour Strike

The Nigerian maritime industry may have lost up to N36 billion as a result of the nationwide strike called by…

Tension In NIMASA Over Board Secretary’s Appointment

Tension is mounting in the Nigerian Maritime safety Agency, NIMASA, over the continued engagement of the legal adviser and secretary…

Maritime Academy To Acquire Training Vessel

The acting Rector of the Maritime Academy of Nigeria, MAN, Oron, Mr. Joshua Okpo, recently highlighted the need for the…

FEC Approves N463.6m For Oil, Gas Audit

The Federal Executive Council (FEC) has approved N463.6 million for the auditing of all government institutions in the Oil and…

Honda Reviews 9th Generation Accord

Honda unveiled this Accord Concept at Detroit, which should be just a concept in name. It shows off the styling…

Renault Sells 2.7m Vehicles Globally

Renault has announced that its global group sales in 2011 reached a record 2,722,062, versus 2,627,365 in 2010, a rise…

Toyota, Mercedes, BMW Retain Top Auto Brand Values —Report

Toyota, Mercedes-Benz and BMW retained their ranking among the world’s top 15 global brands, while Volkswagen and Nissan made the…

Kia Ends 2011 With 18% Increase In Global Sales

Kia Motors Corporation announced that its global sales for passenger cars (export sales, domestic sales and sales from overseas plants),…

Elantra, Evoque Win Awards

The new Hyundai Elantra is the 2012 North American Car of the Year, while the Range Rover Evoque is the…

Fuel Scarcity Bites Hard In Lagos

Long queues were observed at filling stations in several parts of Lagos, Southwest Nigeria today as fuel scarcity bites harder.…

DPR To Force Filling Stations To Sell Petrol At N97 A Litre

The Department of Petroleum Resources (DPR) says it will force filling stations that have petroleum products to sell at approved…

Oil Marketers Confirm Availability Of Petrol

Independent marketers and oil majors on Tuesday assured Nigerians of the availability of petrol in all their filling stations. They…

Fuel Scarcity Hits Umuahia, Calabar, Aba

Umuahia, the Abia capital and its environs have been hit by fuel scarcity. An investigation by a News Agency of…

Banks’ Stringent Conditions Delay Release Of Govt Fund

The Nigerian Chamber of Shipping (NCS), says conditions laid down by banks constitute some of the factors inhibiting the disbursement…

Strike Suspension: Tourism Operators Count Losses

Tourism operators in Lagos on Monday lamented that the just-suspended nationwide strike completely grounded the subsector. They told the News…

US Professor regrets Backing Nigeria’s subsidy removal

I regret supporting subsidy removal, says UN Adviser Some details have emerged about how the Goodluck Jonathan Presidency misled international…

FG, Labour Meeting Deadlocked Again, Strike Continues Monday

The meeting between the Federal Government and the organised labour over fuel subsidy ended abruptly late in the night, with…

How NNPC Defrauds Nigerians on oil exports and subsidy

The KPMG, in a forensic analysis of the operations of the Nigeria National Petroleum Corporation in 2010, unveiled startling revelations…

EFCC Denies Arresting Adenuga, Others

Ayorinde Oluokun/Abuja The Economic and Financial Services Commission, EFCC has described reports that appeared on its website this morning on…

Commuter Buses, Okada Riders, Traders Resume Business

As the 24-hour curfew in Kaduna was further relaxed to between 8am and 5pm yesterday with effect from today ,…

Hawkers Sell Petrol For N300 A Litre In Lagos

Four days into the labour-instigated nationwide protests against the removal of petrol subsidy, petrol now attracts as much as N300…

Strike: Bank Customers Resort To ATM For Cash

As the nationwide strike called by labour entered the fifth day today, bank customers across the country have resorted to…

Subsidy Protest: EFCC site hacked with False arrests of oil moguls

Nigerian hackers have tampered with the website of the Economic and Financial Crimes Commission, EFCC, www.efccnigeria.org, posting on the site…

Pathfinder Goes To Finishing School

Nissan has given us another tease of its new Pathfinder concept that’s set to be uncovered at the Detroit Motor…

VW Slams Toyota, Sells Eight Million Vehicles

Volkswagen Group boosted global vehicle sales to above 8 million for the first time in 2011, passing Toyota Motor Corp.…

Macho Makeover For Land Cruiser

This is Toyota’s facelifted-for-2012, much-more-macho Land Cruiser 200, just released in the Japanese domestic market, which will be introduced in…

Megane Upgrades

Renault has given its Megane – which we were surprised to hear is the brand’s top selling model range (would…
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