Bond investors on Friday gave a $1.8 billion boost to Tesla Inc’s balance sheet by snapping up the electric car maker’s first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns.
The Federal Government, Friday, sacked the Manager of Idu and Rigasa train station including all the ticket sellers and porters involved in extorting money from passengers.
Rotimi Amaechi, minister of transportation, says the establishment of a national carrier will grow Nigeria’s economy.
The Minister of Transportation, Mr Rotimi Amaechi, has directed that the station managers, porters, and ticket officials at Idu and Rigasa rail stations be removed for alleged ticket racketeering at the stations.
Relatives of passengers aboard missing flight MH370 have demanded Malaysia accept a US exploration firm's offer to take up the hunt for the aircraft, which was suspended earlier this year.
Hadiza Bala Usman, managing director of the Nigerian Ports Authority (NPA), has emerged vice-president (Africa Region) of the International Association of Ports and Harbors (IAPH).
The Minister of Transportation, Mr Rotimi Amaechi, says the Federal Government will soon ensure that all the states are connected to rail services very soon to enhance commercial activities.
The Federal Government is breaching its own local content policy in the construction of over $20 billion rail tracks across the country, as indigenous firms are being excluded from the execution of the projects.
The Abuja to Kaduna rail line now generates N1 million daily, the Minister of Transportation, Rotimi Amaechi, disclosed.
The Minister of Transportation, Rotimi Amaechi, on Monday said the Itakpe-Ajaokuta-Warri standard gauge rail lines would start commercial operation in June 2018.
A total 27 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos from Aug. 7 to Aug. 21.
The former Governor of Ogun State, Chief Segun Osoba, has disclosed that some entrenched interests are behind the allegations that 282 vessels got missing under the watch of the Nigerian Ports Authority (NPA) between 2010 and 2016 by the Senate Committee on Customs, Excise and Tariff.
The National Association of Aircraft Pilots and Engineers (NAAPE) has threatened to embark on nationwide strike over the non-payment of redundancy benefits to workers that were laid off from Aero Contractors.
Nigeria’s biggest carrier, Arik Air, is facing maintenance and safety challenges as it has failed to ferry its aircraft that are due for various categories of checks overseas for maintenance.
The Presidential Support Committee (PSC) yesterday charged security agencies in the country to leave no stone unturned in investigating how a letter by the Nigerian Financial Intelligence Unit (NFIU) to commercial banks requesting the account details of principal government officers was leaked.
The All Nigeria Conference of Principal of Secondary Schools (ANCOPSS), has commended the minister of the Federal Capital Territory (FCT) Malam Muhammad Musa Bello for approving the promotion of some school principals to directorate cadre.
Former president of South Africa, Thabo Mbeki, has said that the United Kingdom and the United States of America, had sought the help of his country to remove the late President Robert Mugabe of Zimbabwe from office.
Chairman of Peoples’ Democratic Party (PDP) ethnic community in Kuje area council, Hon. Yusuf Dabo, has called on members of the party to be prepared to erect political structures that would offer them the opportunity to occupy decision making position.
Some farmers in Ekiti North Senatorial District on Wednesday appealed to the state Governor, Dr Kayode Fayemi, to provide loans for them to enhance their agricultural production.
The Nigerian Navy has said that as a partner in ensuring the restoration of internal security, it would continue to support democracy by remaining loyal and dedicated to the service of the country.
Al Hilal’s head of delegation to Aba for Sunday’s Caf Champions League tie against Enyimba, Muhammad Harun has stated they are in town to get a positive result in the first leg, first-round tie.
The National Pension Commission (PenCom) has said retirees from the public and private sectors had since the inception of the Contributory Pension Scheme (CPS) paid N371.21 billion premium to life insurance companies managing annuity accounts.
Former governor of Delta State, Chief James Onanefe Ibori, has assured the people of Delta Central that the Urhobo nation would produce the next governor of the state in line with the zoning arrangement in place, warning against distractions from a section of the polity.
Popular comic actor, Bright Okpocha a.k.a Basketmouth, has declared that he will be depressed if Big Brother Naija 2019 (Pepper dem) housemate, Anita Natacha Akido, simply known as Tacha, emerges winner of this this year’s edition of the reality television show.