Business

AMCON sets up new airline to recover Arik’s debts

Asset Management Corporation of Nigeria has said that in order to recover its huge debts from Arik Air, it injected…

4 years ago

Smartphone maker Xiaomi to invest $10bn in electric vehicles

A big smartphone maker is getting into electric cars to expand the industry; coming to join Apple and others in…

4 years ago

Nigeria loses 20% passenger traffic over Emirates, Etihad exit

The suspension of Emirates Airlines and the Etihad’s withdrawal from Nigerian airspace have cost the country about 20 per cent…

4 years ago

Why $5.3bn Ibadan-Kano rail loan approval is delayed – Amaechi

Minister of Transportation, Rotimi Amaechi,  has accused some selfish lawmakers of causing the long delay in securing $5.3bn China loan…

4 years ago

Lagos shares 12% of Nigeria’s N32.92tn total debt – NBS

Nigeria’s total public debt rose to N32.92 trillion as of December 31, 2020, the National Bureau of Statistics has said.…

4 years ago

Six days after, 160 vessels trapped in Suez Canal blockage get access

A mega-container ship blocking Egypt’s Suez Canal has been partially refloated and freed, earlier than the projected time, making way…

4 years ago

Toyota engineers develop child car seat installation guide for parents

There's a big difference between having something and knowing how to use it properly. This is especially true of safety…

4 years ago

Mini plans to conquer more with new ‘small-but-mighty’ Cooper JCW

A new Mini model, Cooper JCW GP, is underway as the company has teased about an electric GP model in…

4 years ago

TSS Motors lights up Enugu fair, excites with Shacman, other products

As activities at the 32nd Enugu International Trade Fair are being rounded off, the appearance of the TSS Motors Makes…

4 years ago

FG set to seal $11bn loan agreement for Lagos-Calabar rail

The Federal Government is set to seal a loan agreement to signal the construction of Lagos-Calabar rail line, Minister of…

4 years ago