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KLM, Lufthansa, Air France, others denied flying approval says Sirika
Major international airlines have been denied flying approval to operate in Nigeria as international flight operations resume this weekend.
They include Air France, KLM, Etihad, Rwandair, Lufthansa, TAAG Angola Airlines and others.…
Navy nabs 8 suspected smugglers, seizes smuggled rice worth N73m in Calabar
No fewer than eight suspected rice smugglers have been arrested, while 1522 bags of foreign rice valued at N73 million seized in separate operations operatives of the Nigerian Navy Ship Victory.
The Commander of NNS Victory,…
Hike in fuel price could heighten insecurity- ActionAid
ActionAid Nigeria on Thursday condemned the hike in the price of fuel as it said the action could further heighten insecurity in the nation and further explosion of crisis.
A statement by the humanitarian non-governmental…
Niger State asks FG to consider landmass in revenue sharing
The Niger State government has asked the Federal Government to consider landmass in the country's revenue sharing formula.
The State Commissioner for Finance, Zakari Abubakar, made the call after the Revenue Mobilization Allocation…
Just in: PPMC increases petrol depot price from N138.62 to N151.56 per litre
The ex-depot price of Premium Motor Spirit, also known as petrol has been increased from N138.62 per litre to N151.56 per litre.
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation…
Just in: Recession hits Australia for first time in almost 30 years
Australia has officially fallen into its first recession in 29 years with the biggest fall in Gross Domestic Product (GDP) on record.
According to national accounts data published by the Australian Bureau of Statistics (ABS) on Wednesday…
NBS: Nigeria records N1.8 trillion trade balance deficit
The National Bureau of Statistics (NBS) says the country recorded a trade balance deficit of N1.8 trillion at the end of the second quarter, making the third consecutive quarter of negative trade balance.
This was contained in NBS’s report…
NSE suspends Medview Airline, Niger Insurance, others from trading
Medview Airline Plc, Niger Insurance Plc, Capital Oil plc and three other quoted firms have been suspended the Nigerian Stock Exchange (NSE) for their inability to file corporate accounts as required.
The other firms are FTN Cocoa…
Labour condemns government’s plans to concession major airports
The organized labour has expressed its opposition to plans by the federal government to concession major airports in the country.
President Muhammadu Buhari had last weekend in Enugu while reopening the Akanu Ibiam International airport…
Adesina takes oath for another term as AfDB President
The President of the African Development Bank (AfDB), Dr Akinwunmi Adesina has been sworn to serve another five-year term.
The ceremony held virtually on Tuesday morning.
Adesina, former Minister of Agriculture and Rural Development,…