Category: Economy

Nigeria’s Airlines Record 7,926 Delayed Flights In 2019 First Quarter
May 7, 2019 No Responses

Nigeria’s Airlines Record 7,926 Delayed Flights In 2019 First Quarter

Domestic airlines operating in Nigeria recorded 7,926 cases of delayed flights between January and March 2019.The Consumer Protection Department of the Nigerian Civil Aviation Authority (NCAA) made this known in a document it issued and obtained by the News Agency...
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SEC Receives MTN’s Application For Listing on Nigerian Stock Exchange
May 6, 2019 No Responses

SEC Receives MTN’s Application For Listing on Nigerian Stock Exchange

The Securities and Exchange Commission (SEC) on Monday disclosed  that MTN Nigeria has formally applied for listing by introduction on the Nigerian Stock Exchange (NSE). SEC Head, Corporate Communications, Efe Ebelo,  who confirmed the development explaine...
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Textile Smuggling: CBN To Blacklist Banks, Firms, Individuals
May 6, 2019 No Responses

Textile Smuggling: CBN To Blacklist Banks, Firms, Individuals

To revive Nigeria’s moribund cotton, textiles and garments sector, the Central Bank of Nigeria (CBN) on Monday commenced the distribution of cotton seeds and other inputs to farmers in Katsina State.To encourage local textile production, the apex bank also t...
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Edo, Uber Parley On Investment Partnership
May 3, 2019 No Responses

Edo, Uber Parley On Investment Partnership

Edo State Governor, Mr Godwin Obaseki, has met with the management team of global ridehailing platform, Uber, to strengthen ties and explore areas of investment in the state. The business meeting took place at the Government House, in Benin City, after...
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DPR Decries Artificial Scarcity Of Fuel
May 2, 2019 No Responses

DPR Decries Artificial Scarcity Of Fuel

Department of Petroleum Resources in Akwa Ibom has decried artificial scarcity of fuel caused by the Petroleum Tanker Driver’s in the state. Operations Controller of DPR in Akwa Ibom, Tamunoiminabo Kingsley-Sundaye, made this known to the News Agency of Nige...
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NIMASA Photo News
May 2, 2019 No Responses

NIMASA Photo News

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Senate Okays N2.9trillion For Capital Expenditure, Passes 2019 Budget
April 30, 2019 No Responses

Senate Okays N2.9trillion For Capital Expenditure, Passes 2019 Budget

The Senate has passed the 2019 appropriation bill.The passage follows the presentation of a report by the chairman senate committee on Appropriation, Danjuma Goje.The budget was increased from N8.83 trillion presented by President Muhammadu Buhari to N8.916 tr...
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Nigerian Delegation In China, Inspects 64 Rail Coaches
April 29, 2019 No Responses

Nigerian Delegation In China, Inspects 64 Rail Coaches

The Federal Government has inspected 64 coaches under construction in China for the various rail projects in Nigeria, with 10 coaches to be delivered in June for Abuja-Kaduna rail corridor.The Minister of Transportation, Rotimi Amaechi, led a delegation to Chi...
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SEC Nigeria To Align Master Plan With Current Economic Realities
April 28, 2019 No Responses

SEC Nigeria To Align Master Plan With Current Economic Realities

The Securities and Exchange Commission (SEC) is to align the 10 Year Capital Market Master plan with current economic realities as well as ensure the planned  review is concluded in record time. Acting Director General of  SEC Nigeria, Ms. Mary Uduk...
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NIMASA Extends AID To Ondo
April 22, 2019 No Responses

NIMASA Extends AID To Ondo

The Nigerian Maritime Administration and Safety Agency (NIMASA) has continued its donation of relief materials to victims affected by flood and other disasters across the country. The Agency took the exercise to Akure in Ondo state where various items were do...
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Palm Oil Producers Lament Smuggling, Petitions Buhari
April 22, 2019 No Responses

Palm Oil Producers Lament Smuggling, Petitions Buhari

Citing alleged illegal entry of Crude Palm Oil (CPO) into Nigeria, the National Palm Produce Association of Nigeria (NPPAN) has forwarded a petition to President Muhammadu Buhari. In the petition jointly signed by Mr. Dele Olanubi, NPPAN Ambassador, Mr. Bolari...
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Easter: FRSC Boss Seeks Attitudinal Change
April 20, 2019 No Responses

Easter: FRSC Boss Seeks Attitudinal Change

As Nigeria joins the rest of the world to observe this year’s E8aster celebration, the Corps Marshal of the Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi has called for deep reflection by Christian faithful on the need to show...
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Air Peace Deploys B777 For Easter Operations
April 18, 2019 No Responses

Air Peace Deploys B777 For Easter Operations

As part of activities for its Easter Operations,  Air Peace on Thursday deployed  Boeing 777 aircraft for domestic operations. The aircraft is scheduled for  the Port Harcourt-Abuja and Abuja-Port Harcourt  routes on Eas...
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NPA Board Members Decry Condition Of Port Access Road
April 16, 2019 No Responses

NPA Board Members Decry Condition Of Port Access Road

Board Members of the Nigerian Ports Authority (NPA) have added their voice to the perennial traffic gridlock on road leading to Port in Apapa and Tin-Can Island.While assuring that the Board would continue to identify with all efforts to find...
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