Arik Air owes IATA $78m – AMCON

The Asset Management Corporation of Nigeria (AMCON) on Monday said Arik Air, under its previous management,…

Creditors to sue FG over Arik’s debts

Indications emerged on Sunday that Arik Air’s international financiers and other creditors had concluded plans to…

28 ships laden with petrol, food items, to arrive Lagos ports

No fewer than 28 ships laden with petrol, food items and other goods are expected to…

Arik Air owes IATA $78m – AMCON

The Asset Management Corporation of Nigeria (AMCON) on Monday said Arik Air, under its previous management,…

Nigerian Navy to establish War College

The Naval Council has approved the establishment of a Naval War College in Akwa Ibom, the…

Migrants rescue efforts encouraging traffickers – Frontex

The head of EU border agency Frontex on Monday criticised charities that rescue migrants off Libya,…

FG appoints new directors for NCAA

The Federal Government on Monday approved the appointment of five new directors and one General Manager…

Libyan ‘hell’ driving new migrant surge

Nightmarish conditions in Libya are helping to drive a surge in the numbers of migrants attempting…

Lagos IPMAN threatens two week strike over extortion by DPR

Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened two weeks warning strike over Depot owners…

NNPC secures N126m daily reduction in rig rate

The Nigerian National Petroleum Corporation (NNPC), Monday, said it had secured a $416,000 per day reduction,…

CBN to auction $100 mln in currency forwards

The Central Bank of Nigeria (CBN) said on Monday it will auction $100 million in forward contracts…

Oil spill: Ex-commissioner urges Shell to compensate Bayelsa communities

The immediate past Commissioner for Environment in Bayelsa, Iniruo Wills, has appealed to the Shell Petroleum…