By admin on April 26, 2010
LAGOS—TOP Nigerian tycoon and Group Managing Director of NICON Group and Global Fleet, Chief Jimoh Ibrahim, weekend, bought over Virgin Nigeria Airline, the nation’s official carrier. Ibrahim, during an interactive session with select journalists in his Energy House, Broad Street, Lagos office, said the acquisition of Virgin Nigeria Airline followed the successful negotiation and eventual take-over of the airline on Friday, a process which started last year.
Posted in Nigerian Business News
By admin on April 10, 2010
Nigerian gunmen on Friday kidnapped three Syrian expatriates and one Lebanese worker near the oil hub Port Harcourt, a police spokeswoman said.
The four expatriates are employed by an engineering company in Port Harcourt, the main oil city of Africa’s biggest energy producer.
“The hoodlums kidnapped the four … and fled while firing at the police,” said Rita Inoma Abbey, spokeswoman for Rivers State police, adding that the criminals were wearing military uniforms.
Posted in Nigerian Business News, Nigerian News | Tagged niger delta
By admin on April 7, 2010
Mohammed Barkindo, group managing director of Nigerian National Petroleum Corporation (NNPC) has been relieved of his post. A statement on Barkindo’s dismissal issued by the Presidency yesterday and endorsed by Ima Niboro, senior special adviser to Acting President Goodluck Jonathan, did not however give reasons for his sack. To replace Barkindo is Laden Shehu, a retired group executive director, commercial and investment, NNPC, whose appointment has been confirmed.
Posted in Nigerian Business News | Tagged nigerian national petroleum corporation nnpc, presidency
By admin on April 1, 2010
GSM operator, Zain Nigeria, may soon face another re-branding challenge in the wake of serious talks between its parent company, Kuwaiti Zain Group and French telecom firm, Vivendi, to buy the African operations of the Zain Group.
SFR is a 56 percent subsidiary of Vivendi, the second-largest telecommunications operator in France.
Posted in Nigerian Business News
By admin on April 1, 2010
India’s largest telco Bharti Airtel yesterday said it has tied up $8.3 billion from a clutch of foreign banks and State Bank of India (SBI) to fund the acquisition of Zain telecom’s African assets, for which both the companies are in exclusive talks till March 25.
Posted in Nigerian Business News
By admin on March 12, 2010
With names largely drawn from Nigeria and Yemen, the United States government is said to have nearly doubled the number of individuals who are now on the no-fly-list since the last Christmas Day terror attempt, by Nigerian terror suspect, Umar Abdulmutallab, Empowered Newswire reports.
Posted in Nigerian Business News | Tagged associated press, barack obama, visa applications
By admin on March 10, 2010
THE Joint Task Force (JTF) on the Niger-Delta have destroyed fresh 500 illegal crude oil refineries and arrested six suspected oil thieves at Egbekebor and Gbelekumor communities in Delta State.
Also, several pumping machines used by the bunkerers, drums of suspected crude and refined products were also seized.
Posted in Nigerian Business News | Tagged crude oil refineries, joint task force, niger delta, oil bunkering, vanguard news
By admin on March 5, 2010
LAGOS, Nigeria – Militants in the oil-rich Niger Delta announced Thursday they had attacked a major pipeline junction run by the Italian firm Agip, only days after claiming responsibility for another attack in the region.
A statement by the Joint Revolutionary Council claimed its fighters launched an assault early Wednesday morning on an Agip pipeline junction that connects several crude oil storage fields. However, Lt. Col. Timothy Antigha, a military spokesman for the region, dismissed the attack claims as “completely false.”
Posted in Nigerian Business News | Tagged acting president, associated press, goodluck jonathan, movement for the emancipation of the niger delta, niger delta
