PLANS BY the Kharafi Group of Kuwait and its National Investment Company to sell 46 per cent stake in Zain may hit the rocks because of the dispute by Econet Wireless Holdings over the ownership of Zain's Celtel Nigeria.

Guaranty Trust Bank (GTB) has filed an application at a Federal High court sitting in Lagos urging it to change the name of Virgin Nigeria Airways to 'Nigerian Eagle Airlines Limited'.

With barely sixteen days to the October 24 kick-off date for the FIFA U-17 World Cup, Nigeria 2009, the Minister of Sports and Chairman, National Sports Commission Engr. Sani Ndanusa has appealed to the Power Holding Company of Nigeria (PHCN)

TRANSNET said yesterday it would continue disciplinary action against its freight rail division CEO, Siyabonga Gama, after he lost his court bid to stop the action and quash his suspension.