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Vintage wine seller’s collection fake

Almost all the wines found in the home of renowned dealer Rudy Kurniawan were fakes passed off as expensive rare…

900 Ex-Nigeria Airways staff die of frustration, the living protest

No fewer than 900 former staff of the defunct Nigeria Airways have died after they waited fruitlessly for the payment…

Arik Air unveils new generation Bombardier jet

Simon Ateba/Aviation correspondent Simon Ateba/Aviation correspondent Nigeria’s largest airline, Arik Air, on Saturday, celebrated its seventh anniversary with a brand…

$50bn Fraud: Govt Audits NNPC Account

Following revelations by Sanusi Lamido Sanusi, the Central Bank of Nigeria Governor,  that the Nigeria National Petroleum Corporation, NNPC, between…

House of Reps to investigate telecoms operators

The House of Representatives has mandated its Committee on Communications to investigate alleged unwholesome practices by telecommunication operators in Nigeria.…

Nigeria Breweries, Mobil, Unilever Drag Market Cap Downward

A total of 390.35 billion shares valued at N2.93 billion were traded in 5,012 deals on the Nigerian Stock Exchange…

Tambuwal Urges EFCC To Prosecute Oil Thieves

The Speaker of Nigeria’s House of Representatives, Aminu Tambuwal, has urged the Economic and Financial Crimes Commission (EFCC) to arrest…

US Fines Julius Berger N5.1b For Bribing Nigerian Officials

The United States Justice Department and the Federal Bureau of Investigation have confirmed that construction giant Julius Berger’s foreign affiliate…

NCAA commences Dana Air audit

Simon Ateba/Aviation correspondent The Nigerian Civil Aviation Authority, NCAA, has commenced a full scale operational audit of DANA Air, the…

Panasonic Unveils HC-MDH2 Camera

Panasonic Corporation, a worldwide leader in the development and manufacture electronic products for a wide range of consumer, business and…

Reps To Probe Oil Theft

The House of Representatives is set to probe the incessant theft of Nigeria’s crude oil which has resulted in a…

Mahmud Tukur docked again for oil subsidy fraud

Henry Ojelu& Oluchi Chiowa The Economic and Financial Crimes Commission today re-arraigned Mahmud Tukur, son of the Chairman of the…

GTB takes over Kenya’s Fina Bank

Kenya’s Fina Bank has been renamed Guaranty Trust Bank (GTB), following a 70 percent acquisition by the Nigeria-based lender, governor…

Sanusi Lamido exposes $50b fraud by NNPC

On a day the world focussed on anti-corruption campaigns, a mind boggling revelation has been made by the Governor of…

Ex-banker jailed in UK over James Ibori loot

A Ghanaian and former Goldman Sachs banker Elias Preko was sentenced to 4-1/2 years in prison by a London court…

Globacom Phone Doctors Repair Phones For Free

Globacom has redefined customer service delivery by providing subscribers, irrespective of their network of choice, the opportunity to repair their…

2 Nigerians jailed over £19million internet scam

Two young Nigerians based in Manchester, United Kingdom have been punished by a Crown Court for their part in a…

Nigeria: Farmers prefer Cannabis to food crops, says NDLEA

Most Nigerian farmers now abandon growing food and economic crops for cannabis in a bid to become instant millionaires ,…

Nnamdi Azikiwe Airport re-opened for flights

Nigeria aviation authorities have re-opened Nnamdi Azikiwe International Airport, Abuja which has been shut since Wednesday night as a result…

Passengers stranded as Abuja Airport shut

Ayorinde Oluokun/Abuja As frantic efforts are on to clear the runway of Nnamdi Azikwe International Airport, Abuja which was blocked…

Crashed Saudi Cargo plane shuts Nigerian airport

Simon Ateba Flights have been suspended at Nnamdi Azikiwe International Airport in Abuja, the Nigerian capital, the Ministry of Aviation…

Jonathan to host ICAO president

Simon Ateba/Aviation correspondent The Nigerian presidency will on Friday host Africa’s first President of the International Civil Aviation Organisation, ICAO,…

Saudi Air cargo plane overruns the runway in Abuja

Simon Ateba/Aviatiion correspondent A Saudi Arabian cargo plane has overrun the runway in Abuja, the Nigerian capital and ran into…

Turnover, profit slump at Okomu Oil plc

Both the turnover and the profit levels declined in the third quarter result submitted by Okomu Oil Plc, to the…

Nigeria approves $1.3 billion Deep Sea Port project

Ayorinde Oluokun/Abuja Nigeria’s federal government on Wednesday formally approved the construction of a Deep Sea port in Lekki, Lagos Stae…

OPEC maintains 30m bpd ceiling

OPEC agreed on Wednesday to hold its crude production ceiling at 30 million barrels per day despite oversupply concerns and…

Imports: Nigeria dumps Cotechna, SGS, Global Scan

Nigeria Customs Service has taken full control of the processing of all import transactions to Nigeria, following the approval of…

South Africans angry over tolled roads in Jo’burg

South Africa’s government launched a widely unpopular road toll around the economic hub of Johannesburg on Tuesday, a move likely…

Adesina, agriculture minister named Forbes African Person of the Year

Seun Bisuga Dr. Akinwumi Adesina, Nigeria’s Minister for Agriculture has been named Forbes African Person of the Year. He was…

Amaechi accuses Okonjo-Iweala of blocking funds for water

Rivers State Governor and Chairman of the Nigeria Governors’ Forum, Chibuike Rotimi Amaechi has called on the House of Representatives…
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