Eight Nigerian airlines delayed 32,121 (equivalent to 58%) of 54, 682 flights operated between January and December, 2016 and cancelled 1,207 flights, findings by Daily Trust have shown. In the year under review, the airlines, including Aero Contractors, Arik Air, Azman Air, Med-View, Dana Air,...

The Federal Government will commence the construction of a standard gauge rail line from Lagos to Ibadan next month, the Managing Director, Nigerian Railway Corporation, Mr. Fidet Okheria, has said. The project, which has been awarded to the China Civil Engineering Construction Corporation, is being...

The national electricity grid has lost 728 megawatts in first 12 days of 2017, after peak power generation dropped to 3,432mw on Thursday. Daily Trust report that the grid started with a peak generation of 4,160mw attained on January 1, 2017 with the lowest generation...

...Marketers may solely determine pump prices ...NUPENG suspends warning strike ...NNPC says refineries pump kerosene, diesel The Petroleum Products Pricing Regulatory Agency (PPPRA), which controls the cost of petrol in the country, is in disarray and this is disrupting the implementation of the existing pricing template. The Guardian...

The nation’s external reserves closed last year with a total balance of $25.84 billion - 30 December - showing a decline of $3.22 billion compared with $29.06 billion it stood as at December 31, 2015. The figure from the Central Bank of Nigeria (CBN) indicates...

The level of investment inflow into the country recorded a huge decline of $4.51bn from the $8.08bn in the first nine months of 2015 to $3.57bn in the same period of 2016, an analysis of the capital importation report obtained from the National Bureau...