NCAA, Greater Washington train agents on dangerous cargoes
The Nigerian Civil Aviation Authority and Greater Washington Capital Limited, a cargo consolidation organisation, have organised a special programme to train cargo handlers and agents on how to...
View ArticleDelta acquires 49% stake in Virgin Atlantic
United States carrier, Delta Airlines, has acquired a 49 per cent stake in the United Kingdom’s Virgin Atlantic Airlines founded by British airline mogul, Sir Richard Branson. Delta and Virgin Atlantic...
View ArticleImproved security’ll boost air travel in Kano –FAAN
The Federal Airports Authority of Nigeria has said improved security will boost air travel at the Mallam Aminu Kano International Airport. The airport agency said on Tuesday the current...
View ArticleGloballinks, Royal Jordanian airline introduce pilgrimage flights
Globallinks, a tour company that specialises in Christian pilgrimages, has introduced its first Israel/Jordan pilgrimage package. According to a statement from the company, the recent arrival of a...
View ArticleRMRDC, NAC record breakthrough in grease production
Henceforth, Nigeria will not need to depend on grease from the petrochemical industry as the Raw Materials Research and Development Council has announced a breakthrough in the use biodegradable raw...
View ArticleRail accidents may overtake road, plane crashes
The frequency of train accidents in Nigeria is becoming worrisome and may soon overtake road and plane crashes, RASHEED BISIRIYU writes On Monday, a Lagos-bound passenger train coming from Kano...
View ArticleMoney laundering: Lebanese bank to pay $102m
A Lebanese bank accused of being at the center of global money-laundering schemes tied to the militant group Hezbollah has agreed to pay a $102m settlement, US prosecutors in New York said Tuesday....
View ArticleOsun to access World Bank’s $18m support
Osun State has been selected among seven states of the federation that will access $18 million grant from the World Bank. This was disclosed by Sector Leader, Human Development unit of World Bank, Prof...
View ArticleBarclays faces pressure from Somali cash transfer firms
The United Kingdom government is being urged to stop Barclays from closing the last account in Somalia which allows its citizens overseas to send money back home. A group of aid practitioners said the...
View ArticleNSIA, GE sign MoU on infrastructure project
General Electric, a global leader in infrastructure technology, and the Nigeria Sovereign Investment Authority on Friday signed a Memorandum of Understanding to collaborate on the development,...
View ArticleShareholders approve SoftBank bid
Japan’s SoftBank will become one of the world’s largest mobile operators after shareholders in Sprint Nextel backed its revised bid for a 78 per cent stake in the business. British Broadcasting...
View Article10 million children work in slave-like conditions — ILO
BERLIN: Morale among German consumers rose to its highest level in almost six years heading into July thanks to a robust labor market and strong wage hikes, adding to signs that Europe’s largest...
View ArticleOptimum, Afren, Lekoil discover oil offshore Nigeria
Optimum Petroleum Development Limited and its partner, Afren Nigeria, and Lekoil Limited have discovered a significant light oil accumulation at the high impact Ogo-1 well located on the OPL 310...
View ArticleWal-Mart India head leaves as store rollout struggles
MUMBAI: Wal-Mart Stores Inc, hit by a series of setbacks in its efforts to crack the promising but restrictive India market, said its country head had left the company, Reuters reported on Wednesday....
View ArticleLuminuous inverter gets recognition
Luminous has been declared Africa’s Best Inverter Brand in Nigeria by a consortium of marketing institutes: Institute of Brand Management of Nigeria, The African Institute of Brand Management and the...
View ArticleBig EU farm subsidies under scrutiny
PARIS: EU officials are holding key talks aimed at reforming the Common Agricultural Policy — the biggest spending item in the EU budget, the British Broadcasting Corporation reported on Wednesday....
View ArticleLocal content: Shell commits $5m to NCDMB pipemill
Local content initiative received a boost from Shell Petroleum Development Company of Nigeria, which reconfirmed its commitment to build a $5m jetty in support of the pilot pipemill being promoted by...
View ArticleSPE mobilises stakeholders against oil theft
The Society of Petroleum Engineers is mobilising stakeholders against crude oil theft, which has become a major challenge to the Nigerian oil and gas industry. SPE said this had become imperative in...
View ArticleUPDC’s revenue rises by 78%
The UACN Property Development Company Plc has announced that it will focus on sustainable growth in the coming years. The company’s results showed that its revenue grew by 78 per cent in 2012 to...
View ArticleOronsaye report: FG to scrap research institutes
The Federal Executive Council on Wednesday concluded its three-week discussion on the draft White Paper on the report of the Stephen Oronsaye-led Presidential Committee on the Rationalisation and...
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