Business

Nations, airlines grounding Boeing's 737 MAX

By AFP

Several airlines have grounded the MAX 8s in their fleets, but many others are continuing to fly the plane pending an investigation into the crash and possible guidance from Boeing itself.

Airlines still operating the model have been restricted by the airspace bans. Air Canada, for example, was obliged to cancel some flights to London because of Britain's ban on the aircraft.

The Latest: India's Jet Airways grounds Boeing 737 Max 8s

By Associated Press

Mideast budget airline FlyDubai says it will continue to fly Boeing 737 Max 8 and 9 aircraft after reviewing a recent U.S. regulator statement about the aircraft.

Several airlines around the world have grounded the planes after a fatal crash in Ethiopia on Sunday and one in Indonesia last year.

A case for effective regulation of tobacco products

By Oluchi Joy Robert

Nigeria, others to benefit from Uk’s £30m aid

By Valentine Amanze (with agency report)
Nigeria and other African countries are to benefit from the £30 million which the United Kingdom (UK) is to inject into prosperity and security projects across Africa.
Minister of State for Africa, Harriett Baldwin, said the gesture was to shore up UK’s investment in the continent.
The funding boost comes as Britain signs a new strategic partnership with the African Union, strengthening the engagement between the continent and the UK government.

No lives lost in Nembe Creek fire incident - Aitco

By Valentine Amanze

Rolls-Royce pulls out of race to power future Boeing plane

Rolls-Royce no longer wishes to be a candidate to make the engine for a new midsize passenger jet proposed by US planemaker Boeing, the troubled British group said Thursday.

Rolls gave the update alongside news that it had dived into a net loss last year as its Trent engines were hit by costly repairs and a decision by Boeing's European rival Airbus to stop making the A380 jumbo.

Boeing lands huge British Airways order, after Airbus ends A380

British Airways announced a multi-billion dollar order for up to 42 Boeing 777 fuel-efficient passenger jets on Thursday, just two weeks after Airbus said it would no longer make its A380 superjumbo.

BA-parent IAG said its British carrier would purchase 18 777-9 planes made by the US giant, while an option for a further 24 of the aircraft could bring the total cost to $18.6 billion (16.3 billion euros) at list prices, before the usual heavy discounts are factored in.

Boeing unveils unmanned combat jet developed in Australia

Boeing Co on Wednesday unveiled an unmanned, fighter-like jet developed in Australia and designed to fly alongside crewed aircraft in combat for a fraction of the cost.
The U.S. manufacturer hopes to sell the multi-role aircraft, which is 38 feet long (11.6 meters) and has a 2,000 nautical mile (3,704 kilometer) range, to customers around the world, modifying it as requested.

Independent marketers reduce petrol price to N140 per litre

Independent Marketers of petroleum products on Monday announced a reduction in the pump price of Premium Motor Spirit (PMS) also known as petrol to N140 per litre.
National President of Independent Marketers Associate of Nigeria (IPMAN), Chief Chinedu Okoronkwo, who declared this in an interview with New Telegraph, maintained that the reduction of fuel price from its current N145 per litre was a sacrifice for the rescheduled general elections.

Obaseki to spend N2b on production of furniture in schools

The Edo State Governor, Mr. Godwin Obaseki, has revealed plans by his administration to spend N2 billion in procuring furniture for primary schools across the state.

The governor said this during an inspection of remodelling work at the Government Science and Technical College (GSTC), formerly known as the Benin Technical College, in Benin City.

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