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Business

Panasonic Tackles Power Surge With New Product Range

In bid to constantly remain the home appliance brand of choice among Nigerian consumers, Panasonic has unveiled its new range…

Petrol Goes For N250 Per Litre In Owerri

Activities were slowed down in Owerri on Monday as filling station owners closed shop in protest against a new tax…

NBA, SERAP, Aturu Decry New British Visa Regime

Some prominent lawyers in Lagos on Monday condemned the plan by Britain to compel Nigerians visiting the country to provide…

NIMASA blocks Nigerian LNG exports over taxes

Maritime authorities have halted liquefied natural gas exports from Nigeria due to a dispute over fees and taxes, blocking ships…

FAAN, AIC Crisis Worsens

Simon Ateba/Aviation correspondent The war of words between the Federal Airports Authority of Nigeria, FAAN, and its concessionaire at the…

Leaders back naval force to fight Gulf of Guinea piracy

West and Central African leaders on Monday called for the deployment of an international naval force in the Gulf of…

Nigeria lists gains of economic diplomacy

Nigeria’s Federal Government said it is using its Foreign Policy to attract foreign direct investment that will create job opportunities…

Ajudua To Remain In Prison

Notorious fraudster, Fred Ajudua will have to stay longer in prison over his $1.6m fraud charge as an Ikeja High…

Lagos Speaker, Ikuforiji Re-Arraigned

Speaker, Lagos State House of Assembly, Adeyemi Ikuforiji, and his Personal Assistant, Oyebode Alade Atoyebi were Monday re-arrianged on a…

Report: British spies hack phones, internet with US

LONDON, June 22, 2013 (AFP) – Britain’s intelligence services are tapping cables that carry the world’s phone calls and Internet…

Jonathan attends meeting on Gulf of Guinea piracy

Amidst reports by the International Maritime Bureau that the Gulf region of West Africa has displaced Somalia as the world’s…

Bi-Courtney, FAAN Thugs Clash At Lagos Airport

Simon Ateba/Aviation correspondent Thugs and hoodlums hired by Bi-Courtney Aviation Services Limited, managers of the Murtala Muhammed Airport Terminal 2…

Shell mulls more asset sales in Nigeria

Oil giant Shell announced Friday it may sell more of its onshore oil blocks in Nigeria, where theft and sabotage…

FAAN Takes Over Harry Akande’s Land

The Federal Airports Authority of Nigeria, FAAN, has reclaimed a parcel of land at the Lagos airport which was concessioned…

My Pikin: Convicts Seek Bail Pending Appeal

Two managers of Barewa Pharmarceutical Company, Adeyemo Abiodun and Egbele Austine Eremosele, convicted for producing adulterated My Pikin teething mixture,…

Demand For Grasscutter Is Not Being Met —Farmers

By Prince Arinze Onebunne In Africa, Nigeria is the largest importer of frozen fish (FDF, 2002) and requires approximately 1.5million…

Total launches new oil field off Nigeria

French oil giant Total on Friday said it would begin work on an oil field off the coast of Nigeria,…

Shell shuts major Nigerian pipeline, cuts output

Shell has shut a major pipeline in Nigeria after an explosion and fire in an area where oil theft has…

Kenyan aircraft still grounded in Nigeria

Simon Ateba/Aviation correspondent A Kenyan aircraft grounded in Nigeria on 3 June 2013 for non-adherence to security procedures remains grounded,…

Nigeria Seized 3.4m Kilogrammes Of Drugs In 23 Years

Nigeria’s anti drug trafficking agency said on Thursday it has seized 3.4 million kilogrammes of hard drugs in the country…

Arik Air Splashes $297m On Next Generation Planes

Nigeria’s largest airline, Arik Air, has signed a firm contract to acquire three CRJ1000 NextGen aircraft and four Q400 NextGen…
God is angry with Nigeria - Ex-Lagos Deputy Gov, Ojikutu 

Ex-Lagos deputy governor wanted for N130m fraud

Alhaja Sinatu Ojikutu, former deputy governor of Lagos state has been declared wanted by the Police Special Fraud Unit (SFU),…

CBN extends cashless policy to Abuja, 5 more states

The cashless policy of the Central Bank of Nigeria, which has been in force in Lagos since last year, has…

GOtv Launches Two New Channels

From 19 June, two new channels will be added to the growing content of GOtv, P.M.NEWS Showbiz Trends learnt. The…

13 Airports Now Cargo Terminals

Thirteen airports in Nigeria have been designated as perishable cargo airports, authorities said on Tuesday, describing the move as a…

Power Sector Tussle

Two power companies owned by Professor Barth Nnaji, former Minister of Power, take on the Bureau of Public Enterprises in…

Report: West Africa now world’s piracy capital

West Africa has overtaken Somalia as the world’s piracy hot-spot with 966 sailors attacked last year, a report by the…

IBM Offers Lagos ‘Smart Transportation’

A team of IBM experts completing a month-long pro bono consulting assignment, has made recommendations to the Lagos State Government…

Indian Firm Makes Foray Into Nigeria’s Mobile Money Sector

India’s leading mobile financial services technology enabler, Estel Technologies, has entered into a partnership with pan African technology service provider,…

MD Faces Trial Over N1.7b Oil Subsidy Fraud

There is no reprieve yet for the Managing Director and CEO of Stonebridge Oil Ltd, Mr. Samuel Owa who is…
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