Some private equity investors are reportedly seriously considering investing in Arik Air and Aero Contractors – two distressed local airlines that have been taken over by the Asset Management Corporation of Nigeria (AMCON).
Continue reading »Day: April 25, 2017
LAGOS UBER DRIVER ALLEGEDLY ABSCONDS WITH PASSENGER’S PASSPORT, $2,000
First time visitor to Nigeria, Mongy Mathobela, got more than she bargained for when an Uber driver allegedly absconded with her passport and money.
Continue reading »UBER SETS ‘FLYING CAR’ LAUNCH FOR 2020
Uber said Tuesday it wants to launch a system of flying cars to move people around cities, with a goal of putting demonstration projects in place by 2020.
Continue reading »LAGOS LAWMAKERS CONDEMN TRADING ON LAGOS-BADAGRY EXPRESSWAY
The Lagos State House of Assembly has called on the Commissioner for the Environment, Dr Babatunde Adejare, to direct the environmental task force and other relevant agencies to remove traders transacting business between Okokomaiko and Volkwagen bus stops along Lagos Badagry Expressway.
Continue reading »MINISTRY TO LAUNCH DREDGING OF 152 KM AJAOKUTA-ONITSHA WATERWAYS
The Minister of Transportation, Rotimi Amaechi, is set to launch the dredging of the 152 km Ajaokuta-Onitsha waterways on April 28, in Kogi.
Continue reading »UBER ALERT UPDATE 2: COURT REMANDS TWO FOR STRANGLING UBER DRIVER
Two men, Osharon Egberanmuen and Michael Eyoekpe, who conspired and strangled a Lagos transport company driver, were on Tuesday remanded in prison on the orders of an Ebute Meta Magistrates’ Court.
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