All posts by Ifreke Inyang
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Dana Air resumes flights today
Embattled domestic operator, Dana Air, will commence its scheduled domestic operations today with a Lagos-Abuja service. The spokesman of Dana Group, Tony Usidamen, thanked the NCAA for its support, adding that the airline would begin with a...
- Posted January 3, 2013
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House of the Week: 2 Bedroom Bungalow (off-plan) at Pinecreek Estate, Abuja
Our property of the week is this 300 sqm of land for the construction of a 2 Bedroom Bungalow at Pinecreek Estate, Abuja. The plots are available for N850,000 (Payable in four equal instalments of N212,000) only....
- Posted December 28, 2012
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Money raised from sale of MTN shares to be invested in Union Bank
AFRICAN Capital Alliance (ACA), the core investor in Union Bank of Nigeria Plc, plans to invest the money harvested from the sale of its shares in MTN Nigeria in the Nigerian Bank. THE CITIZEN learnt that the...
- Posted December 28, 2012
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Onyekachi Onubogu promoted to Commercial Director at Promasidor
Promasidor Nigeria Limited, makers of quality food products has elevated Mr. Onyekachi Onubogu to the position of Commercial Director with effect from January 1, 2013. Prior to this elevation, he had been the Marketing Director of the...
- Posted December 24, 2012
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Oando acquires ConocoPhillips Nigerian operation for $1.79 billion
Oando Energy Resources Inc. on Thursday signed a megadeal that will see it acquiring the Nigerian operations of ConocoPhillips for US$1.79 billion. The deal includes two offshore properties including a 95 per cent operated interest in the...
- Posted December 21, 2012
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House of the Week: N65 Million 5-Bedroom Duplex for sale at Chevy View Estate, Lekki, Lagos
Our property of the week is this exceptional 5 Bedroom duplex located at Chevy View Estate, Lekki, Lagos. This house is uniquely designed and excellently finished. All rooms are neatly completed with P.O.P ceiling & floor tiles....
- Posted December 20, 2012
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Lagos-Kano Inter City Passenger Train services to start on Friday
BARRING any unforeseen circumstances, the Nigerian Railway Corporation (NRC) will Friday begin the much-awaited flagship, Lagos-Kano Inter City Passenger Train and haulage of petroleum products. Minister of Transport, Senator Idris Umar is billed to perform the ceremony....
- Posted December 20, 2012
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FG stops importation of sugar and cement
The construction sector of the Nigerian economy has received a boost as the Federal Government rolls out policies aimed at making cement available at affordable prices, starting from January 2013. In this regard, the Federal Government said...
- Posted December 19, 2012
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FG, Lagos sign agreement on Lekki Deep Sea Port
Determined to boost the nation’s economy through the expansion of the country’s ports’ capacity, the Federal Government and the Lagos State government yesterday signed an agreement for the construction of a deep sea port in Lekki area...
- Posted December 18, 2012
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AMCON have not vacated our premises yet – Capital Oil
Almost a week after an Abuja High Court vacated the order it had earlier made in November, granting the Assets Management Corporation of Nigeria (AMCON), immediate possession of property belonging to Capital Oil and Gas, the former...
- Posted December 18, 2012