The Chairman of Geregu Energy Group and billionaire businessman, Mr Femi Otedola has debunked speculations that he his interested in holding any board position in FBN Holdings, First Bank or any of their subsidiaries. Otedola was recently invited by the Save the Children to join the prestigious group of its Vice Presidents, in recognition of […]
Femi Falana, a Nigerian lawyer and human rights activist, says Nigeria needs a full-fledged minister of petroleum resources. He said this on Wednesday while delivering his keynote address at TheCable Colloquium, organised by Cable Newspaper Journalism Foundation (CNJF). The event, themed “The Vital Link Between Investigative Journalism and People-Led Demand for Good Governance’” was held […]
The rising price of crude oil and its derivatives at the world market has been said be responsible for the current rise in Liquefied Petroleum Gas, LPG, also known as cooking gas. This is coming even as the Nigerian National Petroleum Company (NNPC) assured Nigerians that it is working round the clock to boost the […]
In what appears as a move to avert a diplomatic row, the United Arab Emirates (UAE) yesterday conceded seven slots to Air Peace. It has also granted the Nigerian carrier the permit to fly directly to Dubai instead of Sharjah Airport, a source said. But, the government said it was unaware of alleged stoppage of […]
Air Peace, Nigeria’s largest commercial airline, on Tuesday said it was awaiting the official receipt of the reported letter from the United Arab Emirates on the concession of seven flight slots to the carrier by the UAE. It said though media reports had earlier stated that the UAE wrote to the airline on the development, […]
MTN Nigeria and Mafab Communications Limited have been awarded the slots for the 5G spectrum in the auction by the Nigerian Communications Commission (NCC). MTN is a telco giant in Nigeria, while Mafab Communications Ltd. was incorporated in 2020 and licensed by the Nigerian Telecommunications commission to provide and operate Local Interconnect and International carrier […]
The Presidency said on Sunday that there is no provision in the Finance Bill (2022) that states that banks will be required to request for Tax Identification Number before opening bank accounts for individuals and existing account holders must provide their TIN to continue operating their accounts. A top Presidency said this in a statement […]
Air Peace says claims by aviation authorities in the United Arab Emirates on why the country denied its flight slots are untrue. In a letter addressed to Hadi Sirika, minister of aviation, on Saturday, Oluwatoyin Olajide, chief operating officer, Air Peace, described claims by UAE as false and deliberate attempts to damage the airline’s perception […]
With effect from Tuesday, Dec. 14, the Federal Government will restrict airlines coming from Canada, United Kingdom and Saudi Arabia into Nigeria. Minister of Aviation, Capt. Hadi Sirika, announced the decision on Sunday in Lagos and explained that it was to reciprocate restricted flights from Nigeria into those countries over the new COVID-19 variant, Omicron. […]
With the ongoing diplomatic fireworks between Nigeria and the United Arab Emirates, the Emirati Minister of Economy, Abdulla Bin Touq Al Marri, has said that it is unreasonable for the Arab nation to retain the slots of Nigeria-based Air Peace airline at the Sharjah International Airport. The minister, who is also the chairman of the […]
