Boeing reports first annual loss in decades
The Boeing Company has reported its first annual loss in more than two decades Wednesday as the lengthy grounding of the 737 MAX dragged...
Renault-Nissan alliance ratify strategy to divide work
The leaders of the embattled Renault, Nissan, Mitsubishi alliance put forward a unified face by unleashing a new divide-and-conquer plan to bolster their troubled...
Airbus settles graft case with $2.3Bn in France
Airbus is to pay 2.1 billion euros (2.3 billion dollars) to settle an ongoing corruption probe with French authorities, a judicial source in Paris...
Ajao Estate residents protests, urges LASG to include community in ban
The residents of Ajao Estate in Oshodi-Isolo Local Government Area, on Thursday, urged the Lagos State Government to include their community in the 'Okada'...
Nigeria's crude oil production fell to record low last month
The Organisation of Petroleum Exporting Countries has revealed that Nigeria’s crude oil production fell to a record low of 1.57 million barrels per day...
CFAO displays JCB Equipment, flaunts quality
Photo Caption
L-R: CFAO’s Sales Manager for JCB, Mr. Victor Ogbeide-Igiebor; recipient’s mother; recipient instructor; recipient, Master Idorenyin Francis Emmanuel; and Country Delegate/Managing Director of...
Power grid collapsed 108 times since privatisation- TCN
The Transmission Company of Nigeria (TCN) has revealed that the nation’s electricity grid has collapsed 108 times after the power sector was privatised.
The TCN,...
FG lifts ban on interstate travel, to begin July 1
The Federal Government has lifted the ban placed on interstate travel with effect from July 1, granted the journeys are made outside curfew hours.
The...
BEDC to implement new tariff structure in July
The Benin Electricity Distribution Company (BEDC) has revealed that it plans to implement a new service reflective tariff structure on Wednesday, July 1.
The company...
Ajaokuta-Kaduna-Kano pipeline project to be completed in 24 months- NNPC
The Nigerian National Petroleum Corporation has announced that it plans to complete the $2.59bn Ajaokuta-Kaduna-Kano gas pipeline project in 24 months.
It stated that the...
