Business

The Federal High Court in Lagos has discharged its August 8, 2019 order, which empowered the Asset Management Corporation of Nigeria to take over an Ikoyi property of a former governor of Cross River State, Mr Donald Duke, over an alleged debt of N537,334,360.77. Justice Nicholas Oweibo discharged the takeover order on Wednesday after the parties presented him with their …

An American Airlines mechanic based at Miami International Airport was arrested last week Thursday on a charge that he sabotaged the navigation equipment of a flight carrying 150 people, forcing it to be grounded just before takeoff, the authorities said.

South Africa owned telecommunications giant, MTN has announced the closure of all its shops in Nigeria.

A suspect of cyber fraud, Oseghale Collins, was on Tuesday, August 20, 2019 arrested by operatives of the Economic and Financial Crimes Commission, EFCC, Benin Zonal Office at his hideout in Benin City, Edo State. Collins who specialises in Business Email Compromise, BEC, was arrested alongside two brothers, Stephen and Fred Emefiele, who are also alleged to be involved in …

Manchester City is bringing its silverware to Lagos, Nigeria to celebrate with fans as part of their global trophy tour, presented by Etihad Airways on 31 August.

The Federal Government has directed its Solicitor-General to appeal the ruling by Justice Butcher of the UK Commercial Court that an Irish company P&ID can seize Nigeria’s assets worth $9 billion.

A flight was delayed after a furious woman smashed a laptop over her boyfriend’s head for ‘looking at other women.’ Passengers filmed the violent lovers quarrel on a grounded American Airlines flight from Miami to Los Angeles on Sunday.

 Nigeria won an important victory before the International Tribunal for the Law of the Sea (ITLOS), in a decision handed down on July 6, 2019, in a case brought against the African state by Switzerland.

Prime Minister Benjamin Netanyahu warned Tuesday that Israel’s fighter jets “can reach anywhere in the Middle East, including Iran,” in his latest comments directed at his country’s arch-foe.

A phone charger is believed to be the cause of a fire which forced a flight from New York to London to make an emergency landing in Boston on Thursday.