Browsing Category
Business News
Shareholder Files Lawsuit Against Boeing Over Allege Conceal Safety Information
A Boeing shareholder has filed a legal action accusing the company of covering up safety problems with its 737 Max, the commercial jet at the center of two crashes that killed 346 people.
Recall that several lawsuit have been brought by…
Transportation, Tourism Industries To Host 2019 International Expo
The Local Organising Committee of the International Tourism Transport Summit and Expo 2019 on behalf the Institute of Tourism Professionals (ITP), in collaboration with the Federal Ministry of Transportation and the Federal Ministry of…
Unstable Power Supply ,Bad Roads Bane To Real Estate Developers….. Dr. Nwakobi
An expert in the real estate sub sector , Dr Jerry Nwakobi has lamented that major challenges facing estate developer, has been unstable power supply and lack of good roads to sites.
Dr. Nwakobi disclosed this on Wednesday…
DPR Threatens To Withdraw Licenses Of Depot Owners Engage In Adulterated Products
The Department of Petroleum Resources (DPR) ,has threatened to shutdown and withdraw licenses of depot owners involved in adulterated petroleum products.
DPR further warned the operators to shun patronage of illegal refineries on the…
FG Laments Over Lack Of ECOWAS Protocols Implementation
FG Laments Over Lack Of ECOWAS Protocols Implementation
The Federal Government has bemoaned lack of full implementation of the Economic Community of West States (ECOWAS) Protocols.
The Minister of Foreign Affairs,…
After 2 Fatal Crashes ,Boeing To Cut Production Of 737 Max
Following two fatal crashes within five months,Boeing said on Friday it is set to slowdown production of its 737 Max jet.
Boeing’s chief executive, Dennis A. Muilenburg, said in a statement that the company would reduce the rate at…
BREAKING:World Bank Gets New President
The World Bank Group on Friday appointed David Malpass as the new president.
Executive Directors of the World Bank who unanimously selected Mr Malpass’ on a five-year deal ,said he will assume office on April 9.
A statement by the group…
NASS Orders Shell To Pay Oil Producing Communities N6.9bn
The National Assembly has called on Shell Petroleum Development Company (SPDC) to pay the oil producing communities in the Niger Delta the sum of N6.9 billion.
The call for the payment was sequel to a petition from Bekele Jones and…
Nigeria’s Total Debt Accounts For N24.38trn ……DMO
The Debt Management Office (DMO), has stated that the total public debt of Nigeria as at Dec. 31, 2018 is N24.38 trillion.
Ms Patience Oniha, Director-General, who made the disclosure during a press conference on Thursday in Abuja ,said…
Air Peace Orders 30 Brand New E195-E2 Jets Worth $2.1bn Deal
Air Peace on Wednesday set a continental record with a firm order for 10 brand new Embraer 195-E2 aircraft.
The deal which was unveiled today during Embraer Business Meeting with the Aviation World in Port Louis, Mauritius,…
