Ethiopian Airlines Resume Flights From New Jersey To Abuja, Lagos
Africa’s largest airline, Ethiopian Airlines, has resumed passenger flights from New Jersey, United States, to Lagos and Abuja. This followed the recent reopening of the Nnamdi Azikwe International Airport, Abuja, and the Murtala Muhammed International...
FG, LASG Order Immediate Stoppage Of Barge Operations Along Marina Coastline
The Federal Government, in conjunction with Lagos State Government, has directed that all barge operations along Marina coastline be stopped immediately. The Minister of Transportation, Mr. Rotimi Amaechi, and the Lagos State Governor, Mr. Babajide...
NSE: Market Capitalisation Dips N4bn
Activities on the nation’s bourse closed on a downward trend on Tuesday, with the market capitalisation dropping by N4 billion. Specifically, the market capitalisation lost N4 billion to close at N13.354 trillion compared with N13.358...
Nigeria’s Inflation Rate Hits 13.22% In August 2020, Highest In 29 Months
Nigeria’s Inflation rate rose to 13.22% in August 2020, the highest recorded in 29 months since March 2018 (13.24%). This was contained in the recent Consumer Price Index (CPI) report, released by the National Bureau...
Promo: Winners Laud Dangote Cement On Redemption Of Star Prize
Screams and shouts of excitement rented the air in the cities of Lokoja, Kano, Abuja, Akure and Lagos as 43 winners in the Dangote Cement spell and win promo took to the dance floor...
Arik Boss Seeks Sirika’s Intervention Over Looming Strike By Unions
The Management of Arik Air has called on the Minister of Aviation, Hadi Sirika, to intervene in the planned industrial action by aviation unions scheduled to commence on Monday, Sept. 14. The Chief Executive Officer...
Relocation: New ‘Computer Village’ Ready In 24 Months – Developer
The developer for the new Lagos State Information Communication Technology (ICT), market at Katangowa, Mr. Jimmy Onyemenam of Bridge Ways Investment LTD, has said that it would take 24 months to complete the first...
PDP Guber Aspirant Commends FG Over Fuel Subsidy Removal
Mr. Godwin Ezeemo, a Peoples Democratic Party (PDP) Governorship Aspirant in Anambra, says the decision of the Federal Government to remove petrol subsidy is long overdue and a good step in the right direction. Ezeemo,...
Kaduna Govt Seals Off Bet9ja, Bet King Offices
The Kaduna Internal Revenue Service (KADIRS) has sealed off some offices belonging to gaming companies for alleged withholding tax and operating illegally in the state. The News Agency of Nigeria, (NAN) reports that the companies...
COVID-19: Afreximbank Disburses $200m To Zenith Bank
African Export-Import Bank (Afreximbank) has disbursed 200 million dollars to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). A statement from Afreximbank on Friday, said the funds would assist Zenith Bank...
DPR Seals 4 Filling Station For Irregular Operating License In Anambra
The Department of Petroleum Resources (DPR) has sealed off four filling stations in Anambra for conducting their businesses without up-to-date operating licenses. Operations Controller, Awka office of the DPR, Mr. Okiemute Akpomudjere, disclosed this in...
Oil Extends Losses As Stockpile Rise Amid Weakening Demand
Oil prices fell for a second day on Friday, pressured by a surprise rise in U.S. stockpiles as the coronavirus pandemic continues to erode demand for fuels. Brent crude was down 18 cents, or 0.5...
Coronavirus: AfDB Approves $27.33m For AU’s Response Initiative
The African Development Bank (AfDB) has approved 27.33 million dollars in grants to support the African Union’s efforts to mobilise a continental response to curb the COVID-19 pandemic. A statement by APO Group on behalf...
