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Lagos Govt Threat: Be Calm, FG Urges Hoteliers

Hotel operators in Lagos State have been urged not to entertain any fears or feel intimidated by the utterances of officials of the state government threatening to take them to court for not respecting...

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Enterna Oil Records 57% Growth In Profit

Eterna Oil and Gas Plc has posted a 57 per cent profit during the financial year ended 2011, just as the company’s shareholders commended the board and management of the company for moving the company...

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As NITEL Exchanges Rot Away

NITEL’s telephone exchanges across the country are rotting away because of neglect, the News Agency of Nigeria (NAN) has found.Investigations by NAN correspondents reveal that many of the exchanges...

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NAMA Installs Airfield Lighting At MMA 5 Yrs After

After five years of flight restriction to day-light operations, the domestic wing of the Murtala Muhammed International Airport, Lagos has come alive again as the Nigerian Airspace Management Agency...

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Starcomms’ Shareholders Ratify Share Restructuring, Capcom’s Investments

Shareholders of the cash-strapped Starcomms Plc, the only telecommunications company listed on the nation’s Stock Exchange, have voted for the re-organisation of its Share Capital structure as part of...

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NNPC Restores Vandalised Ije-ododo Pipeline

The Nigerian National Petroleum Corporation (NNPC), says  it has fully restored the Ije-ododo pipeline to normalcy adding that pumping of petrol has resumed to depots and tank farms in the system 2B,...

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Seaport DI Concessionaires Get 6 Months Contract Extension

Three direct inspection (DI) service providers have had their contract terms extended by six months by the federal government following calls by international trade stakeholders on the ministry of...

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Govts Urged To Build Houses For Middle Class To Thrive Lower Class

Mr Charles Majoroh, a former President of Nigerian Institute of Architects (NIA), on Thursday urged Federal and State Governments to build houses for the middle class.Majoroh told the News Agency of...

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Manufacturers Seek More Support For SMEs

The Manufacturers Association of Nigeria (MAN) on Friday urged government at all levels to lay emphasis on development of small and medium scale enterprises in the New Year 2013. The Chairman of MAN,...

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Globacom Opens 7 New Gloworld Shops

Nigeria’s national telecoms operator, Globacom, has concluded plans to open additional seven Gloworld shops in the country this month....

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Alcatel-Lucent To Build 1,000 Base Stations For Etisalat Nigeria

Alcatel-Lucent, global leader in mobile, fixed, IP and optics technologies has signed a new deal to build 1,000 base transceiver stations (BTSs) this year, for Etisalat Nigeria  in order to provide the...

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NTDC, Orbit Tech Begin Biometric Registration Of Hotel Staff

The Nigerian Tourism Development Corporation’s campaign for security consciousness in hotels and other hospitality outfits nationwide begins today in Abuja.According to a statement issued by the...

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NNPC Restores Arepo Pipeline, Allays Fear Of Fuel Scarcity

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC),Mr  Andrew Yakubu, has allayed fears that the recent fire incident on the System 2B Pipeline at Arepo would cause...

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Over N1trn Lost Last Year To Substandard Products–SON DG

Nigeria as a country lost  over N1 trillion to substandard products that entered the country last  year, just as the average Nigerian importers were described as  killers and unscrupulous.Speaking...

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New Consumer Protection Bill Underway

A competition and consumer protection law that will enable businesses to operate more effectively in the Nigerian market place is underway.Minister of Trade and Investment, Mr. Olusegun Aganga, made...

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Can FAAN Evacuate Abandoned Aircraft?

For several years the Federal Airport Authority of Nigeria (FAAN) has been under pressure to evacuate abandoned/unserviceable aircraft from the airport environment.This has resulted in the issuance of...

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Nigeria To Raise $1.4bn Eurobond For Construction Of Gas Infrastructure

The year 2013 promises to be one of bumper harvest for the economy generally, if all expected economic parameters remain stable.For instance, if the expected $1.4billion dollars from the international...

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Medview Air Aircraft Grounded Pending Recertification By NCAA

The Medview Air aircraft, a Boeing 737-400 with Reg.No 5N BPAs which made an air return to the Murtala Muhammed Airport (MMIA), Lagos on Sunday following a faulty engine has been grounded and would...

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Dutch Court To Rule On Shell-Nigeria Pollution Case

Dutch court will rule on the Shell-Nigeria pollution case  tomorrow as analysts believe the case could open the door to more compensation claims against international companies.According to Ghana...

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Kano, Khartoum, Cities With Least Growth Potential In Africa – MasterCard

With the spate of bombings and terrorists attacks ravishing the northern parts of the country, it is no surprise that a study released yesterday by MasterCard has ranked Kano, Abidjan and Khartoum...

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