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Analysis: China’s economic miracles, fake statistics

BEIJING (AFP) – China has soared almost to the top of the world’s economic league tables, but whether the official…

Nigeria loses $1.2 billion to oil thieves in a month

Nigeria lost about 1.2 billion dollars to oil thieves in a single month of the first quarter of 2013, an…

Mechanic wins Etisalat star prize

A 26 year-old mechanic, Stephen Mbah has emerged the first star prize winner in the monthly draw of the 2013…

Chad suspends Chinese firm for environmental violations

Chad said Tuesday it had suspended all operations of the local unit of China National Petroleum Corporation for flagrant violations…

Nigerian Group Plans Radio Station In Ivory Coast

A group of Nigerians in Abidjan has announced plans to establish a radio station in the Cote d’Ivoire. The group,…

Bleak future for OPEC nations as oil demand falls

PARIS (AFP)The International Energy Agency has trimmed its outlook for oil demand over the next 18 months and highlighted threats…

Jomo Kenyatta Airport bubbles again after fire

International flights landed at Jomo Kenyatta Airport in Nairobi Thursday morning, the first since a fire a day earlier gutted…

Free bus ride for Lagosians on Eid-el-Fitri

The Lagos State Government will provide free bus ride to Nigerians living in Lagos on Friday, 9 August, 2013 to…

Chaos as huge fire guts Nairobi’s Jomo Kenyatta Airport

NAIROBI (AFP) – A devastating fire shut down Nairobi’s international airport Wednesday in a “major crisis” that forced scores of…

Hong Kong seizes ivory tusks, leopard skins from Nigeria

Hong Kong customs seized an illegal shipment of ivory tusks, rhino horns and leopard skins from Nigeria, worth more than…

Nigerian Airlines To Reimburse Passengers After 2-Hour Delay

Air travellers in Nigeria have the right to demand for reimbursement after a two-hour flight delay, aviation authorities said on…

LASAA Approves Launch Of Digital Water Advertising

Lagos State Signage and Advertisement Agency (LASAA) has approved the deployment of facilities and infrastructure to support the launch of…

EFCC Declares Two Suspected Oil Subsidy Thieves Wanted

The Economic and Financial Crimes Commission, EFCC, has declared two persons accused of defrauding the Federal Government in bogus oil…

Crude oil laden vessel gutted by fire in Bayelsa

A barge laden with crude oil reportedly caught fire in the coastal area of Agge in Ekeremor council area of…

Nigeria: Market indices point southwards

Transactions on the Nigerian Stock Exchange (NSE) opened on Monday on a bearish note as major equities recorded price losses.…

Cops Among Oil Thieves In Ogun

The 35 Artillery Brigade of the Nigerian Army, Alamala, Abeokuta, Ogun State made a major breakthrough today in arresting 28…

IDB to finance Lekki Sea Port project with $150m

Islamic Development Bank has almost concluded arrangements to finance the Lekki seaport project in Lagos State with 150 million dollars.…

Subsidy money: PPPRA slams audit report

The Petroleum Products Pricing Regulatory Agency (PPPRA) has debunked the audit report of the Nigeria Extractive Industries Transparency Initiative (NEITI)…

Nigeria’s oil thieves make environment toxic, says JTF

Nigeria’s Joint Military Task Force(JTF) in the Niger Delta, has decried the proliferation of illegal refineries in the area, describing…

World’s second tallest building tops out in China

SHANGHAI (AFP) – Work on the main structure of the world’s second tallest skyscraper was completed on Saturday, as the…

Presidential Candidate Arrested For Fraud

The presidential candidate of Hope Democratic Party, HDP, in the 2011 presidential election in Nigeria, Chief Ambrose Owuru, has been…

Nigerian state moves to end herdsmen, farmers clash

The government of the northwestern Nigerian state of Kebbi on Thursday inaugurated a committee on the prevention of clashes between…

Lafarge-WAPCO leads gainers at Nigeria’s Exchange

Equities listed on the Nigerian Stock Exchange (NSE) on Thursday remained upbeat, as the All-Share Index appreciated by 0.99 per…

Okonjo-Iweala names Pension Funds managers

Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, said on Thursday that the Nigeria Sovereign Investment Authority (NSIA) would help to…

FAAN denies apology to Oshiomhole

Simon Ateba/Aviation correspondent The Managing Director of the Federal Airports Authority of Nigeria, FAAN, George Uriesi, did not apologise to…

Shell’s profit tumbles in Q2

Energy giant Royal Dutch Shell on Thursday said its net profits plunged by 57 percent in the second quarter compared…

Benin Airport Closure: FAAN MD Visits Oshiomhole, apologises

JETHRO IBILEKE/Benin Authorities of the Federal Airport Authority of Nigeria (FAAN) have apologized to the Edo State Government and air…

Federal ministries, PHCN owe N2b in PAYE taxes

JETHRO IBILEKE/Benin Chairman of Edo Board of Internal Revenue, BIR, Chief Oseni Elamah, freed by the police, after being detained…

Workers Shut Agip Facility

Protesting workers of multi-billion Kwale/Okpai Gas Plant in Ndokwa East Local Government Area of Delta State, southsouth Nigeria, Tuesday paralysed…

UAE Group sells stake in Ghana’s HFC Bank

The Abraaj Group, a United Arab Emirates financial group today announced its sale of its stake in HFC Bank Ghana…
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