Dana Air To Compensate passengers over flight disruption
The management of Dana Air has said it would give free tickets as compensation to passengers recently affected in its flight cancellations. The airline’s Communication’s Manager, Mr. Kingsley Ezenwa, stated in a statement he issued...
Dana Airline Abandons Passengers At Abuja Airport For 14hrs
Passengers on Nigerian domestic carrier, Dana Air, were stranded for at least 14 hours at the Nnamdi Azikiwe International Airport, Friday, as three scheduled flights by the airline were delayed. “No apology was tendered. We...
CBN Orders Closure Of Money Transfer Operators’ Naira Accounts
The Central Bank of Nigeria has directed Deposit Money Banks to close all naira accounts of International Money Transfer Operators. According to the apex bank, the closure of naira accounts is to ensure that diaspora...
Groundnut Farming: Women Farmers Network Trains 300 Extension Workers
The Women Farmers Advancement Network (WOFAN) conducted a three-day training on knowledge-enhancing groundnut farming and profitability for extension workers, peer group leaders and marketers from five states of the country. The state include; Gombe, Jigawa,...
Naira Falls Across Forex Markets As Nigeria’s External Reserve Loses $838 Million In 6...
Forex turnover rose by 78.7%, as the Naira’s exchange rate at the NAFEX window depreciated against the dollar to close at N394.67/$1 during intra-day trading on Wednesday, December 16. Also, the Naira depreciated marginally against the...
There’s Need To Review Regulation of Small And Medium Businesses
Vice President Yemi Osinbajo on Monday harped on the need to take a another look at how Small and Medium Enterprises (SMEs) are regulated in the country in order to improve the business environment...
A’ Ibom Revenue Agency Seals GTBank Premises Over Tax Default
The Akwa Ibom State Internal Revenue Service (AKIRS), on Monday sealed the two Uyo branches of Guarantee Trust Bank (GTBank) over unpaid taxes running into N184 million. Mr. Leo Umanah, Executive Director Enforcement and Recovery,...
FirstBank Joins SME Finance Forum, Harps On Financial Inclusion
First Bank has advocated for efforts to promote financial inclusion for Small and Medium Enterprises (SME) to grow the economy despite the ravaging effects of COVID-19. This is as the first generation bank announced it...
DPR Launches App To Tackle Hoarding, Diversion Of Petroleum Products
The Department of Petroleum Resources (DPR) has launched an application for real time monitoring of petroleum products in all the filling stations operating in the country. The application named Downstream Remote Monitoring System (DRMS) will...
NSE All-Share Index dips further by 0.89%
Trading on the nation’s course maintained a downward trend for the fifth consecutive trading days with the All-Share Index declining by 0.89 per cent. The index lost 306.52 points or 0.89 per cent to close...
FG Auctions N60bn Bonds In December
The Debt Management Officer (DMO) said on Thursday that the Federal Government will offer N60bn bonds for subscription in December. This was contained in a circular posted on its website. READ ALSO: Biden’s Son, Hunter Under...
Man Files N1.5bn Suit Against Nigerian Breweries Over Alleged Copyright Infringement
An Abuja-based graduate, Paul Oche, has filed a N1.5 billion suit against the Nigerian Breweries PLC over alleged copyright infringement. Oche, in a suit filed before Justice Binta Nyako of the Federal High Court, Abuja, is...
AU Holds Special Summit Ahead Of AfCFTA Launch
African leaders on Saturday gathered virtually for an extra-ordinary Summit of the African Union (AU) to discuss the pending entry into force of the African Continental Free Trade Area (AfCFTA). The Summit opened with a...
