The Central Bank of Nigeria (CBN) on Thursday declared that the financial and manufacturing sectors caused the jump in Nigeria capital outflow. This was disclosed by the Apex bank in its recently released monthly economic report for October 2021. The…
Nigerian stocks hit a 13-year high on Thursday after stocks expe-rienced 3 straight days of solid gains rallying the All-Share Index past 45,000 points for the first time since 2008. At the time of closing on Thursday, the All-Share Index…
Federal Government of Nigeria on Thursday reported bond issuance for the month of January 2021, by the Debt Management Office (DMO) recorded an oversubscription of N139 billion to stand at N214.1 billion despite only seeking to raise N75 billion its…
The Director, Defence Media Operations (DMO), Major General Bernard Onyeuko, has disclosed that, a total of 863 terrorists and their families have surrendered to troops in Banki, Bama, Dikwa, Gwoza and Gamboru towns in Borno State, within two weeks. General…
The Nigeria Customs Service (NCS) on Thursday unveiled 18 patrol boats to curb the activities of smugglers using the creeks and waterways as safe haven for their illegal trade. Retired Col. Hameed Ali, the Comptroller General of Customs, unveiled the…
Akwete is a town in Ukwa East Local Government Area of Abia, famous for creative handwoven textile industry. The industry dominated by women, predates the emergence of Nigeria as an independent nation. Mazi Christian Uwaezuoke, the Secretary, Joint Council of…
By Tobi Adetunji Nigeria’s Air Peace has taken delivery of two new Airbus 320s, bringing the total number of A320s to four. According to a statement made available on the official handle of the airline during the week. Underscoring the…
By Tobi Adetunji The Chief Executive Officer of Nigerian College of Aviation Technology (NCAT), Zaria, Moddibo Alkali Mahmud, has disclosed that the institution is set to deepen training for pilots and engineers with the purchase of a training aircraft manufactured…
By Tobi Adetunji Aviation workers under the aegis of National Union of Air Transport Employees, the Air Transport Services Senior Staff Association of Nigeria, the Association of Nigeria Aviation Professionals, and the National Association of Aircraft Pilots and Engineers, have…
The Federal Airport Authority FAAN has keep mum over indiscriminate takeover of motorcycles popularly known as okada in Lagos Airport. All attempt by Nigerian NewsDirect on Thursday, to seek clarification through its General Manager, Corporate Affairs, Henrietta Yakubu was abortive,…
