As the Organisation of Petroleum Exporting Countries (OPEC) refuses to cut crude oil production, coupled with the shale oil boom in the United States, the glut...
The AirAsia passenger jet that disappeared with 162 people on board during a flight from Indonesia to Singapore Sunday is assumed to have crashed into the...
As night fell in Asia, Indonesian officials said they had spotted no sign of the plane in the area over the Java Sea but had to...
Arik Air flight W3 408 from Abuja to Yola Saturday made an air return due bird strike ,an official said on Saturday. According to Mr Banji...
The Federal Government has described as untrue the allegations by the Governor of Edo State, Mr Adams Oshiomhole, that the sum of $30bn (N5.04trn) is missing...
Hundreds of intending passengers were on Thursday stranded at the two domestic Lagos airports over hike in, fares by airline operators. The operators capitalised on the Christmas...
OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output...
The International Monetary Fund (IMF) has said that Nigeria remained vulnerable to oil price volatility and global financial developments, despite assurance from the Federal Government that...
The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by the President, Dr. Goodluck Jonathan, is going into circulation from yesterday. This...
Nigeria’s growth rate is expected to slow to about 5 percent in 2015 as falling oil prices cut revenues and spending, the International Monetary Fund said...
Federal Airports Authority of Nigeria is advising operators of all cargo flights to find alternative entry points for their cargo rather than the Murtala Muhammed International...
The Central Bank of Nigeria (CBN) has reviewed the foreign exchange trading position of banks and Bureau De Change operators (BDC’s) from 1 percent to zero...