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Report: Natural resources could fuel Africa’s growth in 2013/14

A new report jointly produced by the African Development Bank, the Economic Commission for Africa (ECA) and the UN Development…

Dana Air pays $3.95m to families of crash victims

Dana Airline has paid $3.95million in compensation to the families of the victims of its plane crash a year ago,…

Iran Offers Syria $4bn Credit Line

Iran has opened two lines of credit totalling $4 billion to Damascus and expects to open up a third to…
Inflation

The Pains of Small Business Owners

Small business owners have cried out over their neglect by successive governments and the deluge of constraints ravaging the development…

APM Increases Stacking Area

Leading global terminal operator, APM Terminals, is increasing the container stacking area at its Apapa container terminal, Lagos, Nigeria by…

News Corp approves split into two firms June 28

News Corp said Friday its board approved the breakup of the media-entertainment conglomerate headed by Rupert Murdoch into two separate…

NDLEA Reads Riot Act To Airlines

Nigerian airlines must do all they can to prevent drug trafficking, Nigeria’s anti-drug trafficking boss, Ahmadu Giade, said on Thursday,…

Airtel’s Chief Marketing Officer, Olu Akanmu Quits

Olu Akanmu, Chief Marketing Officer, Airtel Limited, has resigned his appointment with the company. A statement released by the telecommunication…

Nissan recalls 841,000 compact cars

Japan’s number two carmaker Nissan said Thursday it would recall some 841,000 compact cars worldwide due to a steering wheel…

Tokyo shares crash 7.3 per cent

TOKYO (AFP) – Panicky investors dumped shares on the Tokyo market Thursday, sending the main index plunging more than seven…

Samsung’s Galaxy S4 tops 10million in sales

South Korea’s Samsung Electronics said Thursday its latest flagship Galaxy S4 had become its fastest selling smartphone to date, topping…

Oil prices weaken further

Oil extended its losses in Asian trade on Thursday on weak Chinese manufacturing data and a stronger dollar, analysts said.…

Twitter tightens security after high profile hacking

Twitter said Wednesday it was stepping up security measures for the popular messaging service following a series of high-profile breaches…

Switzerland eyes new law on dictators’ loot

Switzerland, currently in the process of restituting assets to several former autocratic countries, is working on a new law aimed…

Flight Cancellation: Court Fines Jimoh Ibrahim’s Air Nigeria N5m

A Federal High Court in Lagos has ordered Air Nigeria owned by Jimoh Ibrahim to pay N5 million to Mr…

Drug Trafficking: Cabin Crew Not Checked —Airport Sources

Hand luggage of cabin crew in Nigeria are hardly checked at airports because airline staff are expected to be upright,…

Arik Cabin Crew Had N180m Cocaine

Nigeria’s National Drug Law Enforcement Agency, NDLEA, said on Tuesday that one of the two Arik Air female cabin crew…

2 Arik Air Staff Caught With Cocaine In UK

Two members of staff of Nigerian largest airline, Arik Air, have been arrested at Heathrow airport in London for drug…

Namibia Finds Oil For First Time

The Namibian government and a Brazilian energy firm on Tuesday announced the first discovery of oil off the coast of…

Investment of $1b Sovereign Wealth Fund begins in June

Investment of the 1 billion dollar Sovereign Wealth Fund (SWF) will start in June, Mr Uche Orji, the Managing Director…

Fashola Sets Up Tribunal On Collapsed Buildings

Kazeem Ugbodaga Governor Babatunde Fashola has set up a tribunal of enquiry into incessant collapse of buildings in Lagos State.…

Aviation workers call off strike

Aviation workers under the aegis of National Union of Air Transport Employees (NUATE) and the Air Transport Services Senior Staff…

Dana Introduces Book-On-Hold Option

Dana Air has stepped up its customer convenience services through the introduction of the Book on Hold option, which gives the…

Litigation: Traders Shun Awolowo Market

The multi-million naira Awolowo market in Olosa area of Mushin in Lagos State is currently a shadow of itself as…

NAMA Workers Paralyse Flights Nationwide

Air travellers in Nigeria waited helplessly at terminal buildings on Monday as a strike by aggrieved workers of the Nigerian…

Free Trade Zone soon for eastern Nigeria, says Jonathan

President Goodluck Jonathan has promised to establish a free trade zone in the South East to boost economic activities in…

NAMA suspends planned closure of Nigeria’s airspace

The Nigerian Airspace Management Agency (NAMA) staff has suspended the industrial action slated to start on Monday to press home…

TCN: Power rationing for Lagos, Ogun states

The Transmission Company of Nigeria (TCN) said on Friday that electricity consumers in parts of Ogun and Lagos states would…

Boko Haram shifts base, attacks Gen. Buhari’s town

MADUABUCHI NMERIBEH/ Kano Gunmen, suspected to be Boko Haram terrorists have attacked banks and police formations in Daura, the hometown…

Grasscutter Farming Is For All

For us at Jovana Farms, raising grasscutter has become second nature. The production of the animal gives farmers a big…
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