Intels Nigeria Ltd., an oil and gas logistics company, on Monday said it had severed ties with former Vice President Atiku Abubakar, who was one of its major shareholders. The company said it severed ties with Abubakar and his family…
By Kayode Tokede Analysts at United Capital have projected 1.7 per cent to two per cent Gross Domestic Product (GDP) this year for Nigeria economy. They expressed that the growth is buoyed by increased economic activity and some improvements in…
The Chancellor, Gregory University, Uturu (GUU), Prof. Greg Ibe, has advised the Federal Government to give concessions and rebate to Small and Medium Enterprises (SMEs) as part of economic stimulus package. Ibe gave the advice when the leadership of Correspondents…
By Peace Busari After much yearning and clamour, the Federal Government of Nigeria’s N4billion COVID-19 palliatives to the airline subset of the aviation industry has arrived but not without intrigue as it seems some airlines may have received the said…
By Peace Busari A Boeing 777-300, registration G-STBE belonging to British Airways, performing flight BA-75 from Heathrow airport, London to Lagos, suffered multiple bird strikes on December 30, 2020. A bird strike is a collision between an airborne animal and…
By Peace Busari Chairman of Air Peace and Vice Chairman Airline Operators of Nigeria (AON), Mr Allen Onyema declared on Monday that palliatives offered by the government will not solve the problems local carriers are grappling with because the N4…
By Kayode Tokede The Fiscal Monitor 2020 report released by the International Monetary Fund (IMF) shows that the sum of $11.7 trillion, or close to 12 per cent of global GDP, was expended in fiscal actions and interventions relating to…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange ( I& EFX)market appreciated significantly by 3.98 per cent as the dollar was quoted at N394.30 as against the last close of N410.25. Most participants at the I &…
The Ogun State Governor, Prince Dapo Abiodun has reiterated his administration’s commitment to the provision of adequate welfare packages for the traditional institution to motivate them towards entrenching the desired development at the grassroots. The Governor who stated this at…
The Major Oil Marketers Association of Nigeria (MOMAN) says it is excited by the commencement of the African Continental Free Trade Area Agreement (AfCFTA) because it can transform Nigeria into a petroleum products refining hub. Mr Tunji Oyebanji, Chairman, MOMAN,…
