Coleman Wires and Cables is a Lagos-based manufacturing firm, supplying cables to Nigeria’s fledgling national grid. With more than 500 skilled staff, it is exactly the kind of business that trade experts say Nigeria needs if it is to diversify … read more
Nigerian militants said on Tuesday they opposed a bid by a Chinese energy group to secure 6bn barrels of crude reserves, comparing the potential new investors to “locusts”. The Movement for the Emancipation of the Niger Delta told the Financial … read more
An Executive Committee meeting of the world’s football governing body FIFA began in the Brazilian city of Rio de Janeiro last night amidst fears that it would revoke Nigeria’s right to host the U-17 World Cup, scheduled to kick off … read more
A MAJOR crackdown by State Security Service on kidnappers appears imminent going by feelers in security circle and the Presidency in Abuja. The Presidency and the SSS are mapping out special operational plans to check the menace which has lately … read more
More than 80 percent of rebels who have disrupted oil operations in Nigeria’s Niger Delta have accepted an amnesty and hardliners will probably do so too, a former rebel commander told Reuters on Sunday. “So far, the amnesty has been … read more
SOME legal practitioners who participated in the probe launched against the former governor of Delta State, Chief James Ibori, in Nigeria have volunteered to release more information to the British court currently trying some aides of the former governor for … read more
Nigerians spend about N796.4 billion on fuel to generate electric power every year, the National Electricity Regula-tory Commission (NERC) has said. This figure is strikingly similar to the federal budget of N796.7 billion for capital expenditure for the current fiscal … read more
Passengers travelling through the new domestic terminal of the Murtala Muhammed International Airport (MMA2), Lagos with some airlines will now pay N1,000 service charge directly to terminal operator before accessing departure lounge. The management of Bi-Courtney Aviation Services Limited (BASL), … read more
Nigerian President Umaru Yar’Adua has returned to Abuja after a visit to Saudi Arabia, his office said on Saturday. “The president is back. He returned to the country last night,” a senior presidential aide told AFP. Yar’Adua, 58, travelled to … read more
Chairman of the Economic and Financial Crimes Commission (EFCC), yesterday described as false the allegation by the embattled former Governor of Delta State, Chief James Onanefe Ibori , that he had lobbied him for the post of the Inspector General … read more