Emirates Airlines has announced the resumption of its flights to Nigeria. The announcement came less than 24 hours after the Federal Government approved the resumption of flight operations between Nigeria and the United Arab Emirates (UAE). Daily Trust reports that the federal government had, through the Nigerian Civil Aviation Authority (NCAA), communicated the approval […]
The federal government has asked the authorities in the United Arab Emirates (UAE) to approve the request by Air Peace for the resumption of passenger flights. The FG said this in a letter addressed to Saif Mohammed Al Suwaid, director-general (DG) of the UAE’s General Civil Aviation Authority (GCAA). The letter, dated February 1, […]
The Nigerian National Petroleum Company (NNPC) Limited spent N100 billion on the rehabilitation of the nation’s refineries in 2021. The details are contained in the Nigerian National Petroleum Corporation (NNPC) presentation to the Federation Account Allocation Committee (FAAC) meeting on its funding performance for the year. According to the state oil firm, the fund […]
The Central Bank of Nigeria has released a guide for bank customers and others on how and where they can lodge complaints against financial institutions regulated by it. The financial institutions include commercial banks, microfinance banks, primary mortgage institutions, and discount houses. The CBN noted that it had earlier issued a circular directing all […]
…..Flay Obiano for destroying markets to install kinsmen. The Stakerhokders Onitsha Drug Market, Bridgehead, has rejected in unmistakable term the betrayal of traders of the Market by Anambra State Government which set up Caretaker Committee, instead of conducting an inclusive election they have been preparing since last year. The group after their emergency meeting unanimously […]
..…….Accuse Ajanma of allegedly diverting N100m The Anambra State Commissioner for Commerce, Markets and Wealth Creation, Chief Uchenna Okafor, has been accused of plotting to impose the current Caretaker Committee Chairman of Onitsha Bridgehead Drug Market, popularly called Ogbogwu on the traders of the market. In a joint petition by three pressure groups in the […]
The Central Bank of Nigeria’s Monetary Policy Committee on Tuesday retained the Monetary Policy Rate (MPR) at 11.5% and kept all other parameters unchanged. CBN Governor Godwin Emefiele made the announcement while addressing journalists at the bank’s headquarters in Abuja. The MPR, which has remained unchanged for months, is a powerful tool for regulating interest […]
The Bridgehead Market Elders Forum (BEHEF), has asked Governor Willie Obiano to immediately order the stoppage of the construction of illegal structures at Bridgehead Market, Onitsha, Anambra State. Making the call in a statement by Bridgehead Elders in Onitsha Friday, the traders also called on Obiano to direct the Commissioner for Commerce, Wealth Creation and […]
Akinwumi Adesina, president of the African Development Bank (AfDB), has described the Dangote Refinery and Petrochemical Plant projects as a “game-changing initiative” that will spur development and deepen regional integration. Adesina said this after touring the $19.5 billion Nigerian greenfields crude oil refinery and petrochemical production plant owned by Dangote Industries Limited on Saturday. In […]
The value of the cryptocurrency market stood at $1.61 trillion on Saturday, representing 11.8 percent decline over the last day, according to data on CoinMarketCap. The price crash culminated in a loss of over $350 billion in one day. This is coming barely two months after the market value of the crypto market increased to […]
