News

Virgin Nigeria voted Airline of the Year

Nigeria�s flag carrier, Virgin Nigeria, has been voted Airline of the year. The honour was bestowed on the airline at the 12th annual ThisDay awards which was held at MUSON centre, Onikan, Lagos. Virgin Nigeria beat the other three competing … read more

Human rights groups to assess Rivers LGAs

Six Nigerian human rights groups on Wednesday served a notice of intent to carry out an independent assessment of the performance of local government councils in Rivers State . The groups met with the State Commissioner for Information, Mr. Magnus … read more

Analyst: 30% Chance Of Delay In Election

Dow Jones)- There is a 30% chance that the ongoing legal maneuvers between Vice President Atiku Abubakar and Nigeria’s electoral commission may lead to a delay of the country’s April presidential elections, an analyst at the Eurasia Group said Tuesday. … read more

New naira notes enter into circulation today

The re-designed naira notes and coins are to go into circulation as from Wednesday (today) following the formal inauguration by President Olusegun Obasanjo in Abuja.. L-R: Managing Editor, Emerging Markets, Mr. Will Goodhart, Governor, Central Bank of Nigeria, Prof. Charles … read more

Pirates Attack M.R.S Vessel

A barge carrying 13,500 metric tones of fuel, belonging to Marine Services (M.R.S) Oil and Gas was in the early hours of yesterday attacked by pirates who operated in Lagos offshore. Six crew members of the MRS barge, were seriously … read more

MEND vows to keep hostages incommunicado

Nigeria’s most prominent armed militant group Monday said it will keep two Italian oil workers it has taken hostage incommunicado until their eventual release, which is “a long way from now”. “Without a doubt, the Italians will be held incommunicado … read more

Abducted Italians released

Two Italian oil workers who were abducted last week in Nigeria’s restive Niger Delta region have been released, Nigerian and Italian officials announced Monday. Lucio Moro and Luciano Passarin, both employees of the Italian construction group Impregilo who were taken … read more

VP accused of misusing public funds

Nigerian senators have accused Vice President Atiku Abubakar, who wants to run for president in elections in April, of diverting $145 million of public funds toward private companies, a Senate report showed Tuesday. The report backs up some of the … read more