FG Okays $500m Industrial Port for Modandola Group The federal government has approved the development of a $500 million industrial port, which is to be executed...
BoI Approves N50b for Cotton, Textile Garment Sectors The Bank of Industry (BoI) has approved loans of over N50billion comprising debt takeover, term loan and working...
Navy Impounds 120,000 Litres of Stolen Crude Oil The Nigerian Navy has seized a barge conveying 120,000 litres of crude oil believed to have been stolen...
Turkish Airline Updates Mobile App for Nigerian Passengers Turkish Airline, the Europe’s Best Airline for the sixth consecutive years, has updated and built new functions into...
Power Generation Increases to 4,028MW The 3,959 megawatts (MW) of electricity that was generated on Monday, yesterday rose to 4,028 megawatts, resulting in 69 megawatts increase...
China Exports Fall Most in Seven Months China’s exports dropped the most since February as global demand remained tepid, adding to pressure to the yuan, which...
Wells Fargo CEO Stumpf Quits in Fallout From Fake Accounts John Stumpf, who led Wells Fargo & Co. through the financial crisis and built it into...
Kenya Airways Threatens to Stop Ticket Sales on Strike Notice Kenya Airways will discontinue ticket sales unless a pilots’ union calls off a seven-day strike notice...
Oil Prices Slump 1% as OPEC’s Output Hits Eight-month High Oil prices fell about one per cent wednesday after the Organisation of Petroleum Exporting Countries (OPEC)...
Airlines Decry Low Passenger Traffic, High Cost of Fuel Some domestic airlines in Nigeria have decried “continuous decline in passenger traffic’’ and increasing cost of aviation...
