Uganda Airlines to start Lagos flights Dec – CEO
The Chief Executive Officer of Uganda Airlines, Jenifer Bamuturaki, has said the airline will begin flights to Nigeria in December. The News Agency of Nigeria reported that Bamuturaki disclosed this…
Naira fall’ll worsen Nigeria’s food, energy crisis — W’Bank
The World Bank has warned that the depreciating value of the Nigerian naira and currencies of most developing economies are driving up food and fuel prices in ways that could…
Ex-Aviation Minister Amaechi dies
A First Republic Nigerian Minister, Mbazulike Amaechi, has passed away on Tuesday. According to The Sun, the former aviation minister died in the early hours of Tuesday, November 1, 2022…
Osinbajo-led council tackles skill gaps among graduates
The National Council on Skills under the leadership of Vice President, Yemi Osinbajo has begun efforts towards bridging the skills gap between graduates of tertiary institutions and the labour market.…
9mobile appoints Oni-Egboma new CFO
Mrs. Nkem Oni-Egboma has been appointed as Chief Financial Officer by Emerging Markets Telecommunication Services Limited, otherwise known as 9mobile. Thoroughbred specialist Oni-Egboma brings to 9mobile, extensive experience working in…
CBN destroyed over N6trn notes under Buhari – Report
The Central Bank of Nigeria will have destroyed almost N6 trillion worth of damaged and outdated currency by the end of the regime of the President, Major General Muhammadu Buhari…
SACHOL: BPE explains inability to pay ex-workers’ N1.8b benefits
The Bureau of Public Enterprises has said, all entreaties to the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, to ensure the release of the funds for the…
NUPENG threatens strike in Lagos over tanker drivers’ safety
The Nigeria Union of Petroleum and Natural Gas Workers has threatened to withdraw the services of its members in the Petroleum Tanker Drivers in Lagos State from midnight of November…
Naira redesign: CBN has my approval, Buhari clarifies
The President, Major General Muhammadu Buhari (retd), has confirmed that the Central Bank of Nigeria has his approval to redesign the naira notes. AMBusiness reported that the apex bank announced…
Why fuel subsidies should be removed – IEA
The International Energy Agency has cautioned against fuel subsidies, especially in developing nations like Nigeria where the use of energy resources is significant. According to the IEA's October 2022 World…
Russia suspends participation in Ukraine grain deal
Moscow on Saturday suspended its participation in a landmark agreement that allowed vital grain exports from Ukraine, blaming drone attacks on Russian ships in Crimea. Russia made the announcement after…
New naira: CBN doesn’t need your approval, Moghalu knocks finance minister
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, on Saturday told the Minister of Finance, Budget and National Planning, Zainab Ahmed, that the CBN owes her…