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Dana Air Acquires 2 Boeing Planes

Suspended Dana Air has acquired two Boeing 737-500 planes as it seeks to phase out its old McDonnell Douglas aircraft…

JPMorgan fined $2.6 bn for role in Madoff Ponzi fraud

US leading bank JPMorgan Chase will pay $2.6 billion for its role as the key banker in the mammoth 2008…

Nigeria makes 3,000th gas export landmark

Africa’s largest oil producer Nigeria on Tuesday exported its milestone 3,000th liquefied natural gas cargo since it began operations in…

Stella Oduah erasing her academic records, says Premium Times

Nigeria’s Minister of Aviation, Stella Oduah, who was exposed last night for claiming fraudulently that she got an MBA degree…

You can now pay cash into your account at any bank

A big relief to Nigerian bank customers: you no longer need to reach your bank to deposit cash. You can…

Wole Olanipekun Leads Ikuforiji’s Defence Team

The case of transacting financial business without going through any financial institution preferred against the Speaker of Lagos State House…

Stella Oduah forged MBA degree, says Saharareporters

Stella Oduah, Nigeria’s minister of aviation faces a fresh integrity scrutiny over her claim that she obtained an MBA degree…

A ‘Marshall Plan’ for Africa’s job challenge, by Tony Elumelu

To Africa’s many challenges, add one more: unemployment. Unemployment, independent of any other factor, threatens to derail the economic promise…

$11billion ‘missing’ oil money already spent, says NNPC

The Nigerian National Petroleum Corporation (NNPC) has dismissed the claim that the sum of $10.8billion, out of the alleged unremitted…

Human body parts ‘fall from sky’ in Saudi Arabia

Human body parts fell from the sky in the Saudi city of Jeddah Sunday, with police saying they could be…

FAAN denies blockade of Gombe Airport

The Federal Airports Authority of Nigeria (FAAN) has denied allegation that it prevented a chartered plane conveying some officials of…

Nigerians shy of stock market despite resurgence

Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are…

Nigeria: Four Cameroonians arrested for oil theft

Commodore Isaac Ogbole, Commander, Nigerian Navy NNS Jubilee in Ikot Abasi, Akwa Ibom, on Saturday said the command had arrested…

Analysis: Jonathan drops refinery sale over 2015 politics

The Jonathan government opened itself to a serious charge of duplicity and inconstancy over the future of Nigeria’s epileptic four…

Marijuana stocks hit highs after US state legalizes usage

Stocks of companies involved in the marijuana industry — medical or otherwise — hit fresh highs Thursday after Colorado launched…

Dangote $9.2 billion richer in 2013, Gates leads the world

The man who is the most generous giver on earth, Bill Gates is also the richest individual, according to a…

Oil theft reduced to 40,000 barrels per day, says Uduaghan

Governor Emmanuel Uduaghan of Nigeria’s Delta state said on Thursday in Abuja that the volume of oil theft in the…

Pilot Without Licence Lands Plane On Highway

A wealthy businessman who landed his private plane on a highway in central India this week had been flying without…

Tanzanian Finance Minister Dies In S/Africa

Tanzania’s finance minister William Mgimwa has died of natural causes at a Pretoria hospital, the South African government said Thursday.…

FAAN relocates cabs at Lagos Airport

Simon Ateba/Aviation correspondent The Federal Airports Authority of Nigeria , FAAN, said on Wednesday it has commenced the relocation of…

Ekiti state raises N5b fund for capital projects

The Ekiti State Government in western Nigeria, has completed its N25 billion bond issuance programme with second tranche offer for…

Latvia joins Eurozone

Latvia officially adopted the euro at the stroke of midnight local time, making the former Soviet state of two million…

82 pirates, robbers killed, 1857 crude oil thieves arrested

Joint Task Force in the Niger Delta Region (Operation Pulo Shield) says its operatives killed 82 sea pirates and robbers.…

Indian High Commission To Hold Exhibition

The High Commission of India will hold a 3-day Indian Products and Services Exhibition (IPASE-4) on January 16-18, 2014. The…

Oduah To Spend N800m On Vehicles

Nigeria’s embattled Aviation Minister, Princess Stella Oduah, will spend at least N800 million on vehicles in 2014, after splashing N643…

Ex-bank chief, Wilcox, others get bail

Akin Kuponiyi Justice Yunusa Ibrahim of the Nigerian Federal High Court in Lagos, on Monday granted bail to the former…

Nigerian lady excretes hard drugs inside aircraft

By Simon Ateba/Aviation correspondent Chizoba Anya, a Nigerian lady, has excreted wraps of substance that tested positive for methamphetamine on-board…

Aero Contractors plane loses pressure mid-air, lands safely

Simon Ateba/Aviation correspondent An Aero Contractors plane, whose tyre lost pressure mid-air, landed safely at the Murtala Muhammed International Airport…

Lagos splashes N1billion on graduate farmers

The Lagos State Government on Sunday said it had spent N1billion to support no fewer than 400 graduate farmers to…

Nigeria, Africa the new El Dorado for luxury cars

Porsches, Range Rovers and even Maseratis… luxury cars are no strange sight weaving through the old bangers that rumble along…
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