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Blackout at Lagos MM Airport

A blackout Monday night at Nigeria’s Murtala Muhammed Airport in Lagos forced the diversion of an Emirates Flight EK781, an…

Joy To The Consumer

A number of key policy decisions usher in a new lease of life for Nigerian consumers Nigerian consumers had never…

Will a city rising from the sea turn the tide for Nigeria?

LAGOS (AFP) – A Nigerian city is rising from the sea, swelling the country’s hopes of one day turning back…

Mexico’s Slim world’s richest man

Mexican tycoon Carlos Slim, Microsoft’s Bill Gates and Zara fashion house boss Amancio Ortega of Spain topped the Forbes list…

Nigerian Billionairess Alakija Buys N18.4b UK Property

TOKUNBO OLAJIDE Nigerian oil baroness, Folorunsho Alakija, owns five apartments in London’s One Hyde Park, the world’s most expensive apartment…

Boom Time For Keke Riders

A number of Lagosians are now compelled to get to their various destinations by tricycle rides courtesy of the restriction…

LASTMA Is Our Biggest Challenge

Despite the increasing demand for tricycles popularly known as ‘Keke Napep’, the Ikeja chairman of tricycle operators, Olainukan Adeagbo explains…

Residents Want Oko-Oba Abattoir Relocated

Siting an abattoir in Oko-Oba, Agege Local Government, was meant to boost the business activities in the area but has…

Shell Bemoans ‘Unprecedented’ Oil Theft In Nigeria

Oil giant Shell on Monday raised alarm over “unprecedented” oil theft in Nigeria, particularly in relation  to the sabotage of…

Ogun Customs command boosts revenue

Abiodun Onafuye/Abeokuta Despite all odds and constant campaign against smugglers, the Ogun state Custom boss, Prince F.Ade Dosunmu has declared…

Fashola insists on clean up of Ladipo auto parts market

Lagos State Governor, Mr. Babatunde Fashola, Sunday undertook an inspection of Nigeria’s biggest Auto Spare parts Market, in Ladipo, Mushin…

Nigerian Maritime Workers Union election mired in controversy

Simon Ateba/Lagos Even before the first vote is cast, the election of those who will run the affairs of the…

Quail Farming For Quick Cash

By Arinze Onebunne For the chief Executive officer, Jovana Farms, Prince Arinze Onebunne, raising Quail, grasscutter, rabbit, Snail, guinea pig…

Nigerian Breweries Loses N170m To Fraudster

A bank customer in Lagos, southwest Nigeria, Aliu Olaribigbe Ayinde, 48, has been charged to court for allegedly withdrawing the…

Korean firm buys Nigeria’s power plant

The National Council on Privatisation (NCP) on Thursday approved the sale of 70 per cent of Egbin power plant in…

Ex-Minister Slams N90b Suit On NIMASA, DG

The former Interior Minister, Captain Emmanuel Iheanacho, has slammed a N90 billion suit on Nigeria Maritime Administration and Safety Agency,…

Jonathan Finally Signs Nigeria’s 2013 Budget

TOKUNBO OLAJIDE Nigeria’s President Goodluck Jonathan, Tuesday, finally signed the 2013 Appropriation Bill into law, ending weeks of stand-off between…

Pirates free 6 foreigners kidnapped off Nigeria

Six foreigners kidnapped on February 17 by armed pirates from an oil service ship off Nigeria have been released unhurt…

Erastus Akingbola Charged Again

The Economic and Financial Crimes Commission, EFCC, Tuesday re-arraigned the former Managing Director of Intercontinental Bank Plc, Erastus Akingbola, over…

Angola targets 2mbd, to tie Nigeria’s output

Angola’s national oil company Sonangol said Monday it is targeting a 16 percent rise in oil production to hit 2…

Alitalia at edge of bankruptcy, CEO resigns

Italian airline Alitalia’s chief executive Andrea Ragnetti resigned on Monday after the troubled group announced a net loss of 280…

Akingbola re-arrested, to be charged afresh

Ayorinde Oluokun/Abuja The Economic and Financial Crimes Commission, EFCC said on Monday it has re-arrested Erastus Akingbola, the former managing…

Docked Babalakin denied comfort chair as trial stalled

Henry Ojelu/Judiciary Correspondent A Nigerian High Court sitting in Ikeja, has adjourned proceedings till 27 March in the ongoing trial…

Mobile phone subscriptions to hit 4 billion mark

The $1.0-trillion (750-million-euro) global mobile industry predicted Monday a boom in subscribers to four billion people by 2018 as the…

Nigeria shuts used auto spare parts market

The Lagos State Government today shut the popular auto spare parts market, Ladipo Market in Mushin area of Lagos, southwest…

Computer Village: Traders Worry Over Relocation

Computer Village, located in Ikeja, Lagos is arguably the biggest computer and allied products market in the West African sub…

Nigerian Breweries To Reward Distributors

After a fulfilling and rewarding business relationship in 2012, frontline brewing giant, Nigerian Breweries Plc is set to reward its…

Mikano Veers Into Steel Fabrication

As Nigeria makes gains with electricity supply reforms, Mikano, which daily turns out truckloads of high-capacity power generating sets, has…

India scraps Sovereign Wealth Fund

India has dumped the Sovereign Wealth Fund proposal, describing the whole idea as stupid. News reports said the Prime Minister’s…

India tech tycoon donates $2.3 bn to charity

Indian software tycoon Azim Premji said Saturday he has given $2.3 billion to an education charity that he controls, reportedly…
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