Business

No Picture

NDLEA Arrests 3 Clearing Agents, Exporter Over N220m Drugs

The National Drug Law Enforcement Agency (NDLEA) at the International wing of the Murtala Muhammed Airport (MMA), Lagos has arrested an exporter and three clearing agents in connection with unlawful exportation of illicit drugs out of the country. The seized drugs weighing 54.76kg include 24.7kg of methamphetamine disguised as artificial hair, 2.810kg of cocaine concealed […]


No Picture

Groups Urge Customers To Boycott Banks Today Over Excessive Charges

..Calls For Review Of Charges …Says It Will Discourage Banking Consumer Advocacy Foundation of Nigeria (CAFON) has urged Nigerians are to shun banking activities across the country today to protest exorbitant charges by commercial banks. CAFON is a not-for-profit group dedicated to advocacy for consumer rights and protection in Africa’s largest consumer market is leading […]


No Picture

Schneider Electric To Sponsor Nigerian Athletes To 2016 Paris Marathon

Schneider Electric, the global specialist in energy management and automation has said that it will sponsor the Nigerian male and female winners of the recently held Lagos State Marathon to the 2016 Schneider Electric Paris Marathon scheduled to hold in Paris, France on April 3rd, 2016. It further stated it was part of the company’s […]


No Picture

Directors, Shareholders Threaten To Sue Businessman For Impersonation

…Demands N450m As Damages The directors and shareholders of Borisa Nigeria Limited have threatened to institute a legal suit against, a Lagos businessman, Emeka ’E-Money’ Okonkwo over alleged impersonation, defamation and injurious falsehood against the company. The petitioners in a petition signed by the company’s Chairman/Managing Director, Chief Boniface Nworisa dated February 8, 2016, alleged […]


No Picture

Honeywell Vs Ecobank: Appeal Court Reserves Judgement

The Federal Court of Appeal, Lagos has reserved judgement on the appeal filed by Honeywell Flour Mills Plc against the ruling of Justice Mohammed Yunusa of the Federal High Court in favour of Ecobank Nigeria Limited. The Federal Court of Appeal had on the 10th of February, 2016, adjourned the matter to February 22, 2016 […]


No Picture

SAHCOL Wins Contract To Handle Air Cote D’Ivoire In Abuja

The Skyway Aviation Handling Company Ltd (SAHCOL) said that it has won the contract for the rendering of Ground Handling Services to Air Cote d’Ivoire’s flight operations at Nnamdi Azikwe International Airport(NAIA), Abuja. The General Manager, Corporate Communications, SAHCOL, Mr Basil Agboarumi, who disclosed this, stated that the new contract would see SAHCOL providing passengers, […]


No Picture

Nigeria Is Austria’s Biggest Partner In W/Africa——–Austrian Vice Minister

…FOCI Reference Point For Sustained Excellence In Construction Industry —DG The Austrian Vice Minister for Foreign Economic Policy and European Integration, Mrs Bernadette Gierlinger, has stated that Nigeria is Austria’s biggest trading partner in the West Africa sub region. She made this assertion while speaking at a three –day exhibition “AfricaBuild Lagos” organised by fairtrade […]


No Picture

NDLEA Boss To Strengthen NDLEA Act, Promote Rule Of Law

…Unveils Five Point Agenda Chief Executive of the National Drug Law Enforcement Agency (NDLEA) Col. Muhammad Mustapha Abdallah, has stated that his priority is to strengthen NDLEA Act and also promote respect for the rule of law. This is just as he unveiled five point agenda for the anti  narcotic agency. He promised that drug […]


No Picture

MTN Pays N1.85m To Subscriber Over Promo Fraud

Following an order issued last week by the Consumer Protection Council directing MTN Nigeria Communications Limited to, within 14 days, pay a complainant, Mr. Omeje Fidelis N1.85million being the balance of his winning in the promotion held in 2012, the telecommunication giant has effected the payment to the aggrieved consumer. The CPC said in a […]


No Picture

24 Hours Radar Control Will Enhance Safety, Efficiency In Air Traffic Mgt———NAMA

As part of efforts to digitalise the Nigerian airspace, the Nigerian Airspace Management Agency (NAMA), has stated that the commencement of 24 hours en-route radar service to airspace users at both the Kano and Lagos Area Control Centres (ACCs) will enhance safety and efficiency in air traffic management. The area radar service which hitherto was […]