Presidency clarifies on media report on trade relationship with Taiwan

The Presidency on Thursday clarified on media report that Nigeria had severed  trade relationship with China. Senior Special Assistant to the President on Media and Publicity, Mallam Garba Sheu said there was no truth in the report. Shehu made the clarification in a statement issued in Abuja on Thursday. His statement comes a day after Geoffrey Onyeama, More...

by Bar and Bench | Published 1 week ago
By Bar and Bench On Wednesday, January 11th, 2017
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NUPENG suspends 3-day warning strike

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its nationwide three-day strike,IT IS AUTHORITATICE. The suspension of the strike was confirmed on Wednesday by Labour Minister, Chris More...

By Bar and Bench On Wednesday, January 11th, 2017
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Fuel depots shut down as NUPENG begins nationwide strike

By Jide Ogunsanya with Punch report As the three-day warning strike of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) commenced this morning, activities at fuel depots across the country have been More...

By Bar and Bench On Wednesday, January 11th, 2017
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Kia joins Elizade, Cosharis in used car business

Until recently, the used vehicle business in Nigeria used to be a debasing one; the market was mainly for the organised dealers who were considered not financially strong enough to venture into new vehicle business. But More...

By Bar and Bench On Monday, January 9th, 2017
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Abuja airport closure: FAAN to increase capacity of Kaduna airport — MD

The Federal Airports Authority of Nigeria ((FAAN) has assured that it would increase the capacity of the Kaduna International Airport to handle the rise in human and cargo traffic to Kaduna when the Nnamdi Azikiwe More...

By Bar and Bench On Monday, January 9th, 2017
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Naira rebounds against dollar

The Naira on Monday appreciated at the parallel market after about two weeks of losses. The currency gained 3 points to exchange at N490, from N493 it posted last Friday, while the Pound Sterling and the Euro traded More...

By Bar and Bench On Monday, January 9th, 2017
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JUST IN: Buhari sacks heads of Nigerian aviation agencies

Four heads of agencies and colleges in Nigeria’s aviation industry have been sacked, according to a government statement. Those relieved of their jobs are the Managing Director of Nigerian Airspace Management More...

By Bar and Bench On Sunday, January 8th, 2017
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Cheating: Civil Defence shuts MRS, Ramos, 11 other fuel stations in Lagos

The Lagos Command of the Nigeria Security and Civil Defence Corps (NSCDC), on Sunday, said that it had sealed 13 fuel stations, for allegedly under dispensing petroleum products. The Public Relations Officer (PRO) More...

By Bar and Bench On Friday, January 6th, 2017
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Recession: Private aircraft ownership drops by 50%

The number of privately owned aircrafts in Nigeria has shrunk by almost 50 per cent between 2015 and 2016, checks by Daily Trust have shown. Within this period, no fewer than 31 private jets have been de-registered More...

By Bar and Bench On Friday, January 6th, 2017
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Oil prices jump to $57 as Saudi Arabia discusses supply cuts

OPEC Oil prices rose on Thursday after Saudi Arabia started talks with customers about a reduction in crude sales to support a plan by OPEC to lower global supply. The Organisation of the Petroleum Exporting Countries More...