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Corrupt Public Officers Buying Up PHCN, Says Falana

Human rights lawyer, Mr. Femi Falana, says that majority of those winning the bids to acquire Power Holding Company of Nigeria…

Judgement date in IBB’s $12.4 billion oil windfall

A Federal High Court in Abuja will give a verdict 23 November on the controversial $12.4 billion oil windfall that…

LASAA adopts Skype to boost service delivery

After trials spanning over four weeks involving its Human Resources, Client Services and Business Development Departments, Lagos State Signage and…

Volume, turnover up at NSE

The volume of shares traded on the Nigerian Stock Exchange (NSE) appreciated by 60 per cent on Tuesday, with turnover…

Official: Only 71 private jets in Nigeria

Simon Ateba/Aviation correspondent Contrary to media reports that there are more than 100 private jets in Nigeria, the Nigerian Civil…

IBB, Otedola, Elumelu win bids for Nigeria’s power plants

Ayorinde Oluokun/Abuja Amperion Power Distribution Limited, a consortium made up of Israeli-based BSG Resource Limited, State Grid Corporation of China…

Glo Subscribers To Win Fleet Of Luxury Buses, Cars In Made4life Promo

Leading telecommunications operator, Globacom, has taken customer reward scheme to a new dimension with the launch of a new promotion…

Nigerian Mint worker arrested for selling fake currency

An employee of the Nigerian Security Printing and Minting Company has been arrested by the Lagos State Police Command, for…

Chevron’s Agba quits Oshiomhole’s cabinet

Edo State Governor, Comrade Adams Oshiomhole, Monday accepted the resignation of Prince Clement Agba, the state Commissioner for Environment and…

Minister soft pedals on Arik Air legal threat

Nigeria’s Minister of Aviation, Princess Stella Oduah, has suspended her planned legal action against Arik Air over allegation that she…

Reporter’s Diary: Nigeria’s aviation industry in limbo

Simon Ateba/Aviation correspondent For those who have predicted that Nigeria’s aviation industry is heading for a crash and its airlines,…

Arik Air back in the air with empty seats

Simon Ateba/Aviation correspondent Nigeria’s largest airline, Arik Air, began flying this morning with planes half empty, three days after it…

Arik begins flying again Sunday

Simon Ateba/Aviation correspondent Nigeria’s biggest airline, Arik Air, said on Saturday that it will resume fight operations on Sunday, three…

Arik Air Grounded for Day 3

Simon Ateba/Aviation Correspondent Nineteen of the 23 aircraft of Arik Air, Nigeria biggest airline, remained grounded on Saturday and its…

Femi Otedola leads toxic Nigerian bank debtors

With a humongous loan portfolio of $1.2 billion, Femi Otedola, President Goodluck Jonathan’s business friend is the biggest danger to…

Aviation Minister threatens to sue Arik Air

Though officials of Arik Air and Federal aviation agencies are expected to attend a meeting in Abuja today to verify…

Tastee Fried Chicken shut over tax default

Simon Ateba One of Nigeria’s favourite fastfood restaurants, Tastee Fried Chicken, TFC, was on Friday shut by the Lagos State…

Petrol scarcity: Senate panel summons oil minister, others

Nigeria’s Senate Committee on Petroleum (Downstream) has invited top petroleum officials to a consultative meeting over the perennial scarcity of…

Arik Air, Aviation Agencies Summoned To Abuja

Simon Ateba/Aviation Correspondent Nigeria’s Federal Government on Friday summoned Arik Air and aviation agencies to a meeting on Saturday in…

Nigeria off budget target

With three months left for the expiration of 2012, and another budget proposal due in less than two weeks, Nigeria…

Agriculture Ministry to establish youth department

Nigeria’s Federal Ministry of Agriculture and Rural Development will establish a Department of Youth in Agriculture to cater for youths…

In Pictures: Domino’s Pizza and Stone Creamery Opens In Lagos

Domino’s Pizza and Stone Creamery opened for business in Victoria Island, Lagos today. The ceremony was attended by the big…

Unions Call off Protests Against Arik Air

Simon Ateba/Aviation Correspondent Federal Government aviation workers have called off the two-day old protests against Nigeria’s largest airline , their…

Bad Debt makes AMCON Take Over Aero Contractors

Simon Ateba From all indications, Nigeria’s aviation industry has plunged further into crisis with the take over today of Aero…

Arik Planes Still Grounded, Passengers Groan

Hundreds of passengers struggled to board planes in Nigeria on Friday, as the country’s largest airline, Arik Air, remained grounded…

Ecobank To Reward Loyal Customers

Ecobank Nigeria has launched a promotion to reward its customers who actively operate their Ecobank current and savings accounts. Starting…

Nigeria, South Africa Among Top 5 Countries Buying US Products

The United States of America’s Department of Commerce International Trade Administration  has listed Nigeria, South Africa, Angola, Ghana, and Benin…

VConnect Trains 500 SMEs On Online Marketing

A local search engine and business information provider, VConnect Global Service Limited, has trained 500 Small and Medium-scale Enterprises based…

British Airways Expands African Route Network

British Airways will expand its African network this summer when it begins flying to Liberia. This will bring to 19…

World Bank Gives FG $180m For ICT Training

The Federal Government and the World Bank have earmarked $180 million for the training of graduates of tertiary institutions in…
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