Budget deficit shoots up to N397.74bn in May

Central Bank of Nigeria (CBN) said the nation has recorded a budget deficit of N397.74 billion…

Osinbajo cautions against over-regulation of drones

Acting President Yemi Osinbajo on Monday cautioned aviation authorities against over-regulation of unmanned air vehicles (drones)…

Medview Airline finally airlifts stranded London passengers to Lagos

Passengers of Medview Airline stranded at the Gatwick Airport, London for three days were on Tuesday…

Budget: Reps decry duplication of projects by MDAs

The House of Representatives has decried Ministries Departments and Agencies’ (MDAs’) duplication of projects funded by…

282 vessels disappeared from NPA terminals in six years –Senate panel

The Senate Committee on Customs, Excise and Tariff, on Monday accused the Nigerian Ports Authority (NPA)…

Ex-Wimbledon star Boris Becker loses £100m to Nigerian oil deal

Forty-nine-year-old Wimbledon legend, Boris Becker, has claimed that he lost a huge part of his £100m…

30 ships laden with petroleum products to arrive in Lagos ports

A total of 30 ships laden with petroleum products, food items and other goods are expected…

Senate investigates rice smuggling

The Senate Committee on Customs, Excise and Tariff, on Monday commenced investigation into rice smuggling in…

5% remittance of PSC: Aviation unions kicks against ministerial directive

    The Association of Nigeria Aviation Professionals and the Nigeria Union of Pensioners, FAAN Branch…

Belgium should take frigate out of migration mission off Libya – Minister

Belgium should withdraw its frigate from an EU mission to break up human trafficking networks near…

Oil edges up towards $49, U.S. drilling slowdown supports

Oil edged up to about $49 a barrel on Monday after fewer drilling rigs were added…

Sayyu Dantata resigns as chairman of MRS Oil

Chairman of MRS Oil, Sayyu Dantata, has tendered his resignation as chairman of the company. In a notice sent…