Business

For some days now, very serious outrage has continued to trail the killing of a Christian female student, Miss Deborah Samuel by a mob in Sokoto on Thursday over alleged blasphemy with the British Government and the Christian Association of Nigeria joining the calls on the government to bring the…

According to a report by The PUNCH, the Airline Operators of Nigeria on Saturday evening insisted that domestic flight operations would be suspended on Monday as it earlier announced on Friday despite the Federal Government’s plea and the decision by Ibom Air not to partake in the flight services withdrawal.…

According to a report by SaharaReporters, the Nigerian airline operators have announced they would suspend operations as from Monday due to the high cost of aviation fuel which has hit 700 naira per litre.   The President of Airline Operators of Nigeria (AON, Abdulmunaf Sarina, disclosed this in a statement.…

I would like to thank you for visiting this page and being a part of my dreams & visions. With the support of fans, friends, and neighbours, I was able to accomplish so much over the past months towards helping the fewer privileged ones in my community as well as…

Nigerian businesswoman, Sandra Iheuwa has bragged about her four degrees. According to her, school is not scam. Recall that sandra shares a daughter with music executive, Ubi Franklin. She disclosed in her post that she has 2 A.S, 1 B.Sc and 1 Masters, and also “won the business strategy game amongst…

In two months, there has been a rapid rise in food-insecure children in the Horn of Africa, pushing the United Nations International Children’s Emergency Fund (Unicef) to revise its budgetary requirements up by 52%.   In a statement, Unicef said: “Between February and April, the number of children facing the…

The Consumer Price Index (CPI) which measures inflation moderated to 15.92 per cent year-on-year in March 2022 compared to 18.17 per cent in March 2021.   This implies that the headline index slowed down in March when compared to the same month in the previous year. However, month-on-month, inflation rose…

Mr Fidet Okhiria, the Managing Director of the Nigerian Railway Corporation, said that Nigerians intending to travel by rail should get their National Identity Number ready as it would be a requirement from May 2022.   The commission disclosed in Abuja on Thursday that the NIN would be needed to…

The sale of tickets in US dollars will begin with effect from April 19, 2022, some foreign airlines operating in Nigeria disclosed on Thursday.   This was contained in an announcement made by APG in an advisory to its travel partners, titled: “APG IET: Restrictions of Sales in US dollars”.…

A website purportedly claiming that it can help Nigerians unbar sims without NIN linkage has been disowned by the Nigerian Communications Commission (NCC). NCC warned Nigerians whose subscriber identity module (SIM) cards were barred from making calls to beware of the viral website. The agency issued the disclaimer in a…

The federal government has approved the application of 33 companies seeking pioneer status under the Industrial Development Income Tax Act in 2021. A quarterly PSI report released by the Nigeria Investment Promotion Commission revealed that investments made by the 33 companies during the year amounted to N543.88bn. The federal government…

Pastor Charles Awuzie has given a sad verdict to investors who invested millions of naira in Chinmark Group by Chinedu Ijiomah. Recall that the company failed to pay investors their money on the 19th of March, after months of promise. Now, it seems as things have finally come to a…

Tesla raised prices in China and the US on Tuesday — its second increase in less than a week — after founder Elon Musk said the US maker of electric cars faced significant inflation pressure. The increases come as costs of raw materials surge, worsened by a crisis over Russia’s…

Air peace Chairman, Onyema has sent a message to the federal government. According to him, airlines in the country would shut down operations in 3 days due to lack of aviation fuel. This comes as Nigerian Airline operators are demanding operational licenses from the federal government to begin importation of…

Vice President, Prof. Yemi Osinbajo has hailed Igbo apprenticeship model. He said the apprenticeship model is a good way of building wealth among people. Osinbajo spoke virtually from Abuja to participants of a national summit in Awka, convoked to understudy the model, which is said to have produced several millionaires.…

The Bureau of Public Enterprises (BPE) says the Nigerian National Petroleum Company (NNPC) Limited has indicated interest to acquire some Nigeria Integrated Power Plants (NIPPs).   The power plants were part of assets put up for sale by the federal government. Ibeh, Uzoma Chidi, head of public communications at BPE,…

President Joe Biden is set to sign an executive order this week that will outline the U.S. government’s strategy for cryptocurrencies, according to several people familiar with the administration’s plans.   The order will direct federal agencies to examine potential regulatory changes, as well as the national security and economic…

The Federal Government of Nigeria is expected to pay the International Monetary Fund a total of $3.51bn between 2022 and 2026 to offset a $3.4bn loan.   This is according to information obtained from a webpage on the IMF’s website, titled ‘Nigeria: Financial Position in the Fund as of January…

The Governor, Central Bank of Nigeria (CBN) has expressed satisfaction with the level of interest in agriculture and the tremendous impact that the sector has recorded in the country in the last six years.   Emefiele while addressing journalists during an inspection tour of the palm plantation at Odighi village…

Operators of domestic airlines in Nigeria have been ordered to reverse the 60 per cent increment in airfares imposed on passengers without due process. This comes as Nigerians in the past few days have lamented over the hike in airfares which sees the least ticket being sold for fifty thousand…