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All posts tagged "headline"

  • Mercedes Benz recharges with 4 new models for Nigeria market

    Luxury car maker, Mercedes-Benz has added four new models to its model line up in Nigeria to boost its market share. This probably marks the first time the company is introducing this number of new models at...

    • Posted June 11, 2013
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  • Lufthansa justifies airlines fare disparity

    The Lufthansa Airlines on Sunday said the economies of demand and supply had created foreign airlines’ fare disparity among African nations. Mr Claus Becker, Managing Director, West and Central Africa of the airline, said this during an...

    • Posted June 10, 2013
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  • FAAN set to eject customs agents from its premises

    The Federal Airports Authority of Nigeria (FAAN) is set to eject customs agents operating in its premises at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. Mr Yabuku Dati, General Manager, Corporate Communications of FAAN, told the...

    • Posted June 10, 2013
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  • Shell, LIMGE join forces against fire in Lagos

    In a rare collaboration, Shell Nigeria Exploration Company (SNECO) and Lagos Island Millenium Group on the Environment (LIMGE) are joining forces to end fire disasters in Lagos. Consequently the soft launch of Ajele Fire Station in the...

    • Posted June 9, 2013
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  • Nigeria retires matured bonds in move to curb local debt

    Nigeria retired matured bonds and plans to cut domestic borrowing to 500 billion naira ($3.1 billion) next year as part of a move to reduce growing debt,Bloomberg reports Finance Minister Ngozi Okonjo-Iweala said. This year’s local borrowing...

    • Posted June 9, 2013
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  • LCCI, stakeholders to brainstorm on cassava flour for bread

    The Lagos Chamber of Commerce and Industry, LCCI, is set to brainstorm with stakeholders at a seminar for a renewed campaign for inclusion of cassava flour in baking bread and confectioneries. In a release by the Public...

    • Posted June 9, 2013
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  • Senate opposes NITEL liquidation

    The Senate has written to the Chairman, National Council on Privatisation, Vice-President Namadi Sambo, protesting against the liquidation of the Nigerian Telecommunications Limited and its mobile subsidiary, the Nigerian Mobile Telecommunications Limited. The Chairman, Senate Committee on...

    • Posted June 9, 2013
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  • TCN wants excavators to stay off its installations

    The management of the Transmission Company of Nigeria has warned individuals and groups involved in sand excavation around the New Haven-Otukpo 132KV transmission line towers at Opi-Nsukka, Enugu State, to desist from the act or prepare to...

    • Posted June 9, 2013
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  • 99 ships expected at Lagos ports from June 5 to June 29 – NPA

    The Nigerian Ports Authority (NPA) on Wednesday said that 99 ships, carrying various products, would sail into Lagos ports from June 5 to June 29. This was disclosed by NPA daily publication, “Shipping Position”, released to newsmen in Lagos. The publication said that the ships would...

    • Posted June 9, 2013
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  • Okonjo-Iweala says Nigeria owes $6.67 billion external debt

    The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, yesterday, put the nation’s external debt at $6.67 billion, (about N1.035 trillion). Nigeria spent $8.0429 billion to service debt in 2006 and $10. 1072...

    • Posted June 8, 2013
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