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Aviation

Airpeace diverts Lagos, Ilorin, Kano flights over bad weather

Juliet Buna   Air Peace on Saturday announced the divertion of Lagos-Ilorin and Lagos-Kano flights as a result of the low visibility caused by the bad weather.   The airline noted that the weather in some of its destinations which is currently below operating minimum.   According to a statement by the management of the […]

Passport issuance made simpler for Nigerians -Immigration boss
Business

Passport issuance made simpler for Nigerians -Immigration boss

The Nigeria Immigration Service’s interim comptroller general, Isah Idris, has said that the new passport reforms his government implemented had made it simpler for Nigerians to apply for and receive passports. In light of this, he stated that Nigerians could anticipate further improvements that would result in simpler processing of the travel document. At the […]

PTI tasks matriculants on seeking lasting solution to oil industry
Oil and Gas

PTI tasks matriculants on seeking lasting solution to oil industry

  By Christian George Petroleum Training Institute, Effurun, Delta State has matriculated not fewer than 1,718 students in its 2022/2023 academic session. The Principal and Chief Executive of the PTI, Dr. Henry Adimula, on Friday lwhile indoctrinating the new intakes, stressed the need to adopt new ways of exploring fossil fuel, using the local and […]

The old 500 and 1000 naira noted
Business

Old naira: Buhari, CBN, govs throw Nigerians into confusion

El-Rufai, Ganduje, Abiodun disregard Buhari’s order… Nigerians have been thrown into a state of confusion by the President, Major General Muhammadu Buhari, the Central Bank of Nigeria and some state governors owing to their conflicting positions on the old and new naira policy. Punch Metro reported that Buhari on Thursday ordered the CBN to allow […]

NNPCL laments as fuel subsidy hits over N400bn
News

NNPCL laments as fuel subsidy hits over N400bn

  Wilson Adekumola   The Nigerian National Petroleum Company Ltd. has lamented as the fuel subsidy hits over N400bn, adding that it is extremely challenging for them to be funding this from the cash flow of the company without getting refunds from Ministry of Finance. The Group Chief Executive Officer, NNPCL, Mallam Mele Kyari made […]

The old 500 and 1000 naira noted
Business

CBN orders banks to collect the N500, N1000 notes

The Central Bank of Nigeria has ordered commercial banks to collect the N500 and N1000 notes from people as deposits, with immediate effect. However, the apex bank still stands on the fact that the old N500 and N1000 are no longer legal tender. Meanwhile, they are still redeemable when taken to commercial banks. CBN pegged […]

PHOTOS: Ogun market women protest naira scarcity
Business

PHOTOS: Ogun market women protest naira scarcity

Marcus Amudipe The current shortage of naira notes and the rejection of the old N1,000 and N500 notes has made market women in Ogun State on Friday morning storm the market to protest. AM Business on February 14 reported that the Central Bank of Nigeria has declared that the old naira notes had ceased to […]

Dangote to slash sugar import by 40%
Business

Dangote urges engagement to promote trade in Kaduna

DanOne of the sponsors of the 44th Kaduna International Trade Fair, Dangote Industries Limited, has urged for increased engagement to promote trade in Kaduna State and its surroundings. The statement made by the company at the ongoing trade fair was that participants who wish to carry out business with any of the company’s subsidiaries may […]

President of the MAN, Francise Meshioye
Business featured

Naira scarcity disrupting businesses, manufacturers lament  

The Manufacturers Association of Nigeria has said the scarcity of naira has disrupted the proper movement of goods which is adversely affecting businesses. The Association’s president, Otunba Francis Meshioye, made this statement on Tuesday while he interacted with journalists in Lagos. According to The Punch, Meshioye said the scarcity of naira and resultant traffic on […]