Speaking at the weekend in Delaware as the Keynote Speaker at the US Senator Chris Coons’ Opportunity Africa Conference 2016, Elumelu urged candidates Trump and Clinton that on the US-Africa Policy, something’s don’t need to change. What they need is to be expanded and scaled up. In other words, we need more U.S. engagement in […]
Continue ReadingA Nigerian court will next week begins hearing two suits instituted by government to recover a total of $635m from two multinational oil companies, Total and Agip as the cost of the difference between the amount of crude oil the companies lifted and the quantity they declared.In the two cases to be presided over by […]
Continue ReadingFirstNation Airways says it will resume operations on Sunday evening, one month after it suspended flights to enable the aircraft fleet undergo engine maintenance.The News Agency of Nigeria reports the airline made the announcement through its Twitter account which stated that it would resume flights by 4 p.m. on Sunday. The airline announced the suspension […]
Continue ReadingThe richest man in Africa, Aliko Dangote has proffered ways through which Nigeria can get out of recession before the end of 2016. Dangote, revealed details in an interview with CNBC Africa, saying: “The only way for us to get out of this recession is to make sure we move into action quickly; action by […]
Continue ReadingIn an effort boost the ailing Nigerian economy, the federal government is set to release a sum of N350 billion.The minister of finance, Kemi Adeosun, while addressing journalists in Abuja on Friday, said since the 2016 budget was released in May, over N420 billion had been released for capital projects. She listed some of the measures […]
Continue ReadingAlthough Africa’s growth has slowed, the long term fundamentals are strong, big business opportunities lie ahead and the overall outlook is positive. These facts are contained in the latest McKinsey Global Institute Report just released today titled, Lions On The Move II: Realizing The Potentials of Africa’s Economy. According to the MGI’S new report, four fundamentals are likely to […]
Continue ReadingThe Executive Director of Pharmatex Industries, Chief Joseph Uzoma Ebowusim recently donated a Hilux van to War Against Indiscipline (WAI) Brigade, as an operational vehicle to fight crime in the society. Chief Ebowusim who doubles as the State patron of the Lagos command, made this donation on same day his company marked 25th anniversary. According […]
Continue ReadingThe FirstNation Airways has postponed resumption of its flight operations, earlier scheduled for Sept. 15, by a few days.The airline had on Aug. 17 suspended operations to enable the aircraft in its fleet undergo engine maintenance. NAN, however, gathered from the airline’s ticket stand at the Murtala Muhammed Airport 2, Lagos, that it might return […]
Continue ReadingFollowing suspension of operations on Tuesday, Arik Air, West and Central Africa’s largest airline, says it is pleased to announce that scheduled flights will resume from 11 am on Wednesday September 14, 2016.According to the statement, the earlier suspension of operation had nothing to the with the airlines inability to meet its obligation to aviation […]
Continue ReadingHundreds of passengers of Nigeria’s largest airline, Arik Air Limited, we left stranded as the airline announced the suspension of its flight operations, blaming a delay in insurance documentation.Arik’s Public Relations and Communications Manager, Olabanji Ola, said the airline will resume operations as soon as the problem is resolved. Reports that Arik had cancelled flights […]
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