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Nigerian banks sabotaging anti-corruption war, says EFCC chief

Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Lamorde, has decried some unethical practices in the banking…

No Basis To Ground Dana Airline —Official

DANA Air, whose operating licence was restored last week by Nigeria’s Federal Government, has said that there was no basis…
Prices of bread going up

Now Nigerians’ll Pay More For Bread

On Monday 1 September, the Association of  Masters Bakers And Caterers of Nigeria, AMBCN, Lagos State, announced its decision to…

Groans Over Port Charges

Maritime stakeholders fume at arbitrary/illegal port charges and threaten legal action If there is anything giving maritime stakeholders serious headache…

Stranded Air Nigeria passengers paid to fuel plane

Simon Ateba Over 190 Air Nigeria passengers who arrived the Gatwick Airport on Friday morning were stranded in London for…

Western sanctions killing Iranian currency

Iran’s currency on Sunday slid to a new record low against the dollar, with the central bank saying it was…

Panic buying of petrol in Ibadan

Despite assurances given by the Nigerian government that there is enough petrol stock to last 30 days, hundreds of vehicles…

News Analysis: The demise of Air Nigeria

Jon Gambrell, AP Reporter Almost half the aircraft had been pulled out of service at Air Nigeria, the country’s second-largest…

Bank manager, 2 other docked for fraud

The Economic and Financial Crimes Commission, EFCC, on Friday, 7 September, arraigned a Business Manager with the United Bank of…

EFCC declares 3 oil marketers wanted for mega fraud

Nigeria’s Economic and Financial Crimes Commission, EFCC, has declared three oil marketers implicated in the multi- billion naira fuel subsidy…

Fuel laden ships arrive Lagos ports

The Nigerian Ports Authority (NPA) has said that 21 ships laden with fuel were waiting to berth at various oil…

Etisalat Partners SON, Thistle Praxis On ISO Standard

As part of its commitment to its Corporate Social Responsibility (CSR), Etisalat has expressed support for raising the quality of…

Arm Announces Changes At LCC

Asset and Resource Management Company Limited, ARM, has announced infrastructural strategy and changes in the management at Lekki Concession Company…

Airtel Commissions Showroom At Ikeja

As part of efforts to step up service delivery and excellence across the country, Airtel Nigeria has commissioned an ultra-modern…

MTN Confirms Attacks On Installations

MTN Nigeria, has confirmed that attacks have been made on some of its installations in northern Nigeria by unknown persons.…

Starcomms Names Oladokun Interim CEO

Starcomms Plc has appointed Olusola Oladokun as its interim chief executive in succession to Logan Pather. Oladokun has held the…

Nasarawa plans 2 airports

Governor Umaru Al-Makura of Nasarawa State, central Nigeria, on Thursday in Lafia, said that two airports would soon be built…

Ex-militants want pipeline surveillance contract to go round

Ex-militants in Akwa Ibom who accepted the Federal Government’s amnesty programme have protested against their exclusion from the NNPC surveillance…

Boko Haram claims attacks on telecom firms

Nigeria’s Islamist group Boko Haram on Thursday claimed a set of fires yesterday at telecom masts across the north, while…

Amazon unveils new Kindle Fire tablet

Amazon on Thursday, in Santa Monica, California, unveiled a new, larger version of its Kindle Fire tablet computer with a…

N5000 Note: ICAN Slams Sanusi

The Institute of Chartered Accountants of Nigeria, ICAN, has slammed the Governor, Central Bank of Nigeria, CBN, Mallam Sanusi Lamido…

DANA Awaits Notification From FG

A day after Nigeria’s Federal Government lifted the suspension of Dana Air, the airline has not been notified, P.M.NEWS learnt…

Toyota Reclaims Status As World’s No. 1 Carmaker

Toyota has pushed ahead of General Motors and Volkswagen as the world’s largest automaker in the first half of 2012.…

Flying Car Goes On Sale For $1.6m

If waiting in traffic jams leaves you ready to explode, the solution is finally here. Drivers can switch from the…

Dana Motors Comes Alive

The Kia Optima, like the Hyundai Accent, has been a ‘bread and butter’ family sedan since its introduction to the…

European Motor Show In Lagos

Foremost Nigeria’s automobile dealership, Stallion Motors, would this week at the Porsche Centre, Victoria Island, Lagos, showcase some of the…

Nigeria’s Navy retakes hijacked oil vessel

Nigeria’s navy on Wednesday retook control of a Singapore-owned tanker carrying a fuel cargo that had been hijacked near Lagos,…

Boko Haram burns telecom firms masts

MADUABUCHI NMERIBEH/Kano Unidentified men suspected to be members of the dreaded Boko Haram Islamic sect on Wednesday attacked masts belonging…

Nigeria lifts ban on Dana Airline

Nigeria’s federal authorities on Wednesday lifted the suspension of the operating licence of Dana Airline, withdrawn after the fatal crash…

Jonathan reconstitutes bodies for electricity

President Goodluck Jonathan said on Wednesday in Abuja he would forward the names of new ministers of defence and power…
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