NCAA Audit: Dana Air Lays Off Workers Temporarily Dana Air has announced that it is temporarily laying off some of its workers amid an ongoing operational audit by the Nigerian Civil Aviation Authority (NCAA). The airline has stated that the decision was made to ensure efficient management of resources[Read More…]
Court Stops Pro-Wike Lawmakers From Parading Selves As Rivers Assembly Members A Rivers State High Court sitting in Port Harcourt has issued an interim injunction restraining the embattled Speaker of the Rivers State House of Assembly, Rt. Hon. Martins Amaewhule, and 24 others from parading themselves as members[Read More…]
Isa Dogonyaro, house of Reps Member is dead Isa Dogonyaro, a member of the House of Representatives, representing Babura/Garki Federal Constituency of Jigawa State, has passed away at the age of 46. He died on May 10, 2024, in Abuja, after a brief illness. Akin Rotimi, spokesperson of[Read More…]
Yahaya Bello’s lawyer begs court for more time, citing unknown whereabouts The mystery surrounding the whereabouts of former Kogi State Governor, Yahaya Bello, has taken a new turn as his lead counsel, Abdulwahab Mohammed, has asked a Federal High Court in Abuja for a four-week extension to search for[Read More…]
NNPCL to Pump More Funds into Oil, Gas Infrastructure The Nigerian National Petroleum Company Limited says it will continue to invest in the development of huge oil and gas infrastructure to make it easy for operators and prospective investors to carry out their businesses in Nigeria. According[Read More…]
Access Pensions Records 70% Revenue Increase Access Pensions has announced a 70 per cent appreciation in revenue to N12.3bn in 2023. This was disclosed in the company’s audited annual results of which was recently released. The firm’s profit after tax rose by about 70 per cent[Read More…]
Senate Approves Death Penalty For Drug Traffickers The Nigerian Senate has passed the National Drug Law Enforcement Agency Act (Amendment Bill) 2024, which approves death penalty for drug traffickers. The Bill was passed into law on Thursday when the Senate transformed into Committee of the Whole, to carefully[Read More…]
American Express Unveils Business Credit Card for Nigeria Users American Express Co. has unveiled its first business credit card in Nigeria through a collaboration with local neobank O3 Capital, potentially enhancing dollar accessibility for businesses in the West African nation. The new card, introduced on Thursday in Lagos,[Read More…]
Nigeria’s Finance Minister Calls on Foreign Investors to Invest in Emerging Economy The minister of finance and coordinating minister of the economy, Wale Edun, has commended the outgoing World Bank Country director, Dr Shubham Chaudhari for his significant contributions to Nigeria’s economic growth At an event held in[Read More…]
CBN orders Banks to suspend charges on Deposits till September The Central Bank of Nigeria (CBN) has ordered deposit money banks and financial institutions to suspend processing fee on deposits till September 30, 2024. In a circular, the apex bank ordered that financial institutions suspend processing charges imposed[Read More…]
