Arik Air leases aircraft from Mongolia
The management of Arik Air says it has leased a Boeing 737-700 aircraft from Eznis Airways to boost its operations especially this Yuletide. Eznis Airways is a scheduled and charter…
MSMEs Survival Fund: There is no element of audio money in the scheme – Presidency
The Presidency says that small business operators are not required to undergo any form of training before accessing the Micro Small and Medium Enterprises (MSMEs) Survival Fund. Mr. Tola Johnson,…
Diaspora Remittances: Beneficiaries can now receive dollars through banks – CBNÂ
Beneficiaries of Diaspora remittances through the international money transfer operators (IMTOs) can now receive inflows in dollars through designated banks of their choice, a circular by the Central Bank of…
Analysis: Emefiele deserves garland, not guillotine
By Jackson Ugbechie The Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, is once again up against a special clan made up of Nigerians and non-Nigerians. They are…
NCC Boss, Danbatta To Be Honoured with Prestigious Zik Prize Dec. 6
In yet another milestone, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, is billed to be honoured with the prestigious Zik Prize in the Professional…
ANALYSIS: REALITIES AND BATTLE AGAINST RECESSION, BY ARIZE NWOBU
According to the National  Bureau of Statistics (NBS), the economy had slipped into another recession, the GDP having contracted for the second consecutive quarter by 3.62 per cent in the…
Gov. Diri Presents N290.2bn ‘Budget of Growth’, Infrastructure Gets N34bn
Bayelsa State Governor, Senator Douye Diri, has presented the 2021 budget estimate to the House of Assembly. It is christened the “Budget of Growth.” Presenting the N290,295,465,423 Appropriation Bill on…
Analysis: Pandemic, crude oil price dip put Nigeria at ‘Critical Juncture’
More than 200 million Nigerians will slide further into poverty as the coronavirus pandemic has sent oil prices tumbling and pushed Africa’s largest economy into recession. To many in oil-rich…
Eni declares force majeure as explosion cuts production by 30,000 barrels
Eni declared force majeure on exports of Nigerian Brass River crude oil following pipeline explosions in Bayelsa state, the company said on Tuesday. The implication is that Nigeria will lose…
Explainer: Why Twitter suspended, restored our account – NCC
The Twitter account of the Nigerian Communications Commission, @NgComCommission, has been restored less than 24 hours after it was suspended for security reasons. This followed a temporary suspension by Twitter,…