Etihad celebrates one year in Nigeria
Etihad Airways, the national airline of the United Arab Emirates, is celebrating the first anniversary of its services in Nigeria. The airline commenced flights between Lagos and Abu Dhabi on July 1,...
View ArticleLagos NIPR elects new officials
The Lagos State Chapter of the Nigerian Institute of Public Relations has elected new executive council members at the end of its 24th Annual General Meeting. A statement by the Institute on Tuesday...
View ArticleOndo disburses N866m loan to workers
Head of the Ondo State Civil Service, Mrs. Stella Kolawole, said on Tuesday that Ondo State Government had disbursed N866.4m to various categories of workers as housing and car loans for the year 2012...
View ArticleKwara invests N2.8bn in rural roads
The Kwara State Governor, Alhaji Abdulfatah Ahmed, said on Tuesday that the state government in collaboration with the 16 local governments in the state, invested N2.8bn in rural roads in 2012. He...
View ArticleStates will be managed better, if merged –Ex-minister
Instead of creating new states, the ex-Minister of Science and Technology, Maj-Gen. Sam Momah (retd), has said the different states in Nigeria will be better managed if they are merged. Momah advised...
View ArticleAir France-KLM introduces in-flight Wi-Fi
Europe’s largest airline group, Airfrance-KLM said it had operated its first in-flight connectivity flights with Wi-Fi on board. The airlines said the new service would allow customers to remain...
View ArticleDelta to open flight museum in 2014
United States carrier, Delta Air Lines, has said it will begin renovations funded by a $6.3m grant from the airline’s foundation as well as start a corporate sponsorship campaign to refurbish its...
View ArticleCooking gas scarcity bites harder
The scarcity of Liquefied Petroleum Gas (cooking gas) has worsened in Lagos and Ogun states as a result of the lack of supply from the Nigerian LNG Limited, the major supplier of the product in the...
View ArticleOperators yet to fully disconnect unregistered SIMs
Nine days after the expiration of the Subscriber Identity Module card registration exercise, our correspondent has gathered that some telecoms operators have yet to disconnect unregistered SIMs on...
View ArticleFG loses N289.6bn yearly to gas flaring —DPR
The Federal Government is losing about N289.6bn annually to gas flaring as International Oil Companies operating in the country continue to flare 1.4 billion cubic feet of gas across oil fields every...
View ArticleChinese firm to complete four airports in 2015
The China Civil Engineering Construction Corporation has pledged to deliver the four international airport terminals it will be constructing in Nigeria in 20 months time. The airport terminals will be...
View ArticleCash-less: CBN considers biometric system for ATM, PoS
The Central Bank of Nigeria is considering a biometric authentication system for transactions that will be carried out on Point of Sale Terminals and Automated Teller Machines. The move is part of...
View ArticlePalm oil producers seek N100bn intervention fund
The Vegetable/Edible Oil Producers Association of Nigeria has called on the Federal Government to approve the setting up of N100bn Oil Palm Development Fund to revive the sector. The association has...
View ArticleOsun begins N2bn rehabilitation of Ede waterworks
The Osun State Government has commenced the full rehabilitation of the Ede waterworks, which supplies over 70 per cent of the water needs of the state, at the cost of N2bn. It also set aside another...
View ArticleEuropean shares creep higher, led by Burberry
European shares closed a touch higher in thin trade on Wednesday, led by luxury brand Burberry after a robust update, while weak China trade data weighed on mining stocks. Reuters reported that the...
View ArticleOil above $105 on US crude stock drop
The price of oil pushed above $105 a barrel on Wednesday after a report indicated that United States crude stockpiles fell by far more than expected last week, in a potential sign of growing demand in...
View ArticlePower: TCN personnel rewarded for preventing system collapse
Ten staff members of the Transmission Company of Nigeria have been rewarded for their role in preventing an imminent power sector system collapse on Sunday 12, 2013. A statement signed by the TCN...
View ArticleAccion disburses N18bn loans for poverty alleviation
Accion Microfinance Bank on Wednesday announced that it had disbursed over N18bn to small businesses in its bid to alleviate poverty in Nigeria. The Managing Director of the bank, Mrs. Bunmi Lawson,...
View ArticleWe’ll invoke relevant laws against defaulting taxpayers —FIRS
The Federal Inland Revenue Service on Wednesday threatened to invoke relevant legislation against defaulting taxpayers. The move is part of efforts to broaden the country’s tax base and boost revenue...
View ArticleCBN offers $300m for sale at forex market
The Central Bank of Nigeria on Wednesday offered $300m for sale at the foreign exchange market, as part of its weekly move to intervene in the market. According to a circular dated July 10, 2013, a...
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