Business

Boeing stocks plunge after Dreamliner fire

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13 years ago

Boeing stocks plunged nearly 5 percent on Friday after a fire and a “technical issue” on separate 787 Dreamliners in…

NIMASA lifts blockade of LNG exports after N76b loss

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13 years ago

The Nigerian Maritime Administration and Safety Agency that has blockaded liquefied natural gas exports for three weeks, costing $475 million…

Ethiopia Airline’s Boeing Dreamliner gutted by fire

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13 years ago

An Ethiopian Airlines 787 Dreamliner caught fire at London’s Heathrow airport on Friday in the latest calamity for Boeing’s troubled…

Shell Again Shuts Major Oil Pipeline

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13 years ago

Shell has shut a major pipeline in Nigeria for the second time in less than a month after locating another…

Volkswagen reports sales boost half year

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13 years ago

Volkswagen, Europe’s biggest car maker, said on Friday it was satisfied with business in the first six months of the…

Shell shuts major pipeline, output cut by 150k barrels

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13 years ago

Shell has shut a major pipeline in Nigeria for the second time in less than a month after locating another…

Stockbroker jailed for defrauding clients

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13 years ago

An Ikeja High Court on Thursday sentenced a stockbroker, Ayoola Coker, to 30 years imprisonment for stealing N17.5 million shares…

IEA forecasts higher demand for oil next year

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13 years ago

Global economic recovery and emerging markets led by China will boost growth of oil demand to a record high total…

Nigeria Moving Away From Oil Dependence, Says Jonathan

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13 years ago

President Goodluck Jonathan said Thursday in Beijing that the increasing exploitation and utilisation of shale gas and other alternative sources…

Pastor Arrested With 317 Kegs Of Stolen Petrol

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13 years ago

Officials of the Lagos State Taskforce on Environmental and Special Offences (Enforcement) Unit have arrested a pastor and three others…

Kings, Security Operatives Oil Thieves —NSCDC Chief

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13 years ago

Highly placed Nigerians, including traditional rulers, security personnel and youth leaders have been accused of being involved in oil theft…

Kings, Security Personnel Linked with Oil theft

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13 years ago

JETHRO IBILEKE/Benin Highly placed Nigerians, including traditional rulers, security personnel, youth leaders, have been fingered in the recent upsurge in…

Nigeria, China sign pacts on economic ties

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13 years ago

Nigeria’s President Goodluck Jonathan and President Xi Jinping of China Wednesday in Beijing presided over the signing of five agreements…

OPEC optimistic On Oil Demand Growth In 2014

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13 years ago

World oil demand will pick up at a faster rate in 2014, the oil exporting cartel OPEC said on Wednesday,…

Arik Unveils New Generation Plane

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13 years ago

Arik Air, Nigeria’s largest airline, unveiled its latest plane on Wednesday, saying the new Airbus 330-200 twin-engine aircraft with a…

Court Orders Burial Of Industrialist A Year After

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13 years ago

Chief Dike Ifegwu, a Nigerian industrialist who died over a year ago, can now rest in peace. A Nigerian high…

IMF cuts Nigeria’s, global growth forecast

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13 years ago

WASHINGTON (AFP) – The International Monetary Fund on Tuesday cut its global economic growth forecast, citing new downside risks in…

Babalakin In Crutches, Lawyer Tells Court

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13 years ago

Lawyer to the embattled Chairman of Bi-Courtney Ltd, Wale Babalakin, Dr Abiodun Layonu (SAN) today told a Lagos High Court…

Abuja Court Summons Borishade

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13 years ago

An Abuja High Court on Monday ordered Babalola Borishade, a former minister of Aviation to appear before it unfailingly on…

Kerosene Scarcity Hits Lagos, Ogun

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13 years ago

Most filling stations across Lagos and Ogun states, southwest Nigeria, have been without kerosene, a major source of cooking gas…

Ajudua Seeks Reassignment Of Fraud Case

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13 years ago

Alleged fraudster, Fred Ajudua has filed an application before an Ikeja High Court for the reassignment of his fraud charge…

Nokia unveils $68 phones

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13 years ago

Nokia , the second-biggest maker of mobile phones, has unveiled cheaper handsets to meet consumer demand for fast connections to…

Kabo Air acquires new Boeing aircraft

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13 years ago

The Kabo Air Ltd., one of the indigenous airlines in the country, said it had acquired a B747-400 series aircraft.…

Oil theft threat to Nigeria’s security, says Gov. Dickson

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13 years ago

Governor Seriake Dickson of Bayelsa state has said that oil theft is a threat to Nigeria’s security and blamed it…

Stocks head northward in Lagos

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13 years ago

Transactions on the Nigerian Stock Exchange (NSE) closed on the upward trend on Friday as market indicators increased by 1.1…

Again, Shell bemoans oil theft, vandalisation of pipeline

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13 years ago

The Shell Petroleum Development Company of Nigeria (SPDC) has bemoaned the crude oil theft activities that led to the recent…

Tricycle Riders Amalgamate In Lagos as TWAN

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13 years ago

Simon Ateba/Lagos Thousands of tricycle riders in Lagos State, southwest Nigeria, came under one body on Thursday, setting the stage…

Uduaghan Sacks Finance Commissioner

PM NEWS Live

13 years ago

JETHRO IBILEKE/Asaba Nigeria’s Delta State Governor, Dr. Emmanuel Uduaghan has sacked the Commissioner for Finance, Bernard Okumagba. Though no official…

Court Frees Former Works Minister

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13 years ago

A Federal High Court sitting in Abuja on Thursday discharged and acquitted former Nigerian Works Minister, Hassan Lawal and a…

Lagos Bags Award For Local Bond Issue

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13 years ago

Lagos State Government has again achieved a milestone in its financial prudence and debt management drive as it recently won…

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