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Category: Local

Confirm Airports’ Approval Before Selling Tickets, NCAA Warns
Local

Confirm Airports’ Approval Before Selling Tickets, NCAA Warns

Airline operators have been directed to contact the Federal Airports Authority of Nigeria and the Nigerian Civil Aviation Authority on…

byEkeminiJuly 16, 2020
Debt Servicing May Limit Nigeria’s Productivity– OPEC
BusinessLocal

Debt Servicing May Limit Nigeria’s Productivity– OPEC

The servicing of debts by Nigeria may limit the Federal Government’s ability to increase economic productivity, the Organisation of Petroleum…

byEkeminiJuly 16, 2020
OPEC Adjusts Oil Demand To 8.9 Million Bpd
Local

OPEC Adjusts Oil Demand To 8.9 Million Bpd

As uncertainty cloud extension of production cuts The Organization of the Petroleum Exporting Countries (OPEC), yesterday, revised downward its world…

byEkeminiJuly 16, 2020
Nigeria: Enugu Airport Reopens August 30
Local

Nigeria: Enugu Airport Reopens August 30

The Federal Government on Tuesday announced that the runway of the Akanu Ibiam International Airport, Enugu would be ready for…

byEkeminiJuly 16, 2020
Osinbajo Seeks End To Secret Business Ownership
Local

Osinbajo Seeks End To Secret Business Ownership

THERE is need for stakeholders to curb the adverse effect of secret and beneficial ownership of corporate businesses on economies…

byEkeminiJuly 16, 2020
UK To Resume Visa Processing In Nigeria On July 28
Local

UK To Resume Visa Processing In Nigeria On July 28

The High Commission in a tweet on Tuesday said Visa Application Centres will be open in Abuja, Ikeja and Victoria…

byEkeminiJuly 15, 2020
Nigerian Students On NDDC Scholarship ‘Stranded’ In Europe
Local

Nigerian Students On NDDC Scholarship ‘Stranded’ In Europe

Some students sponsored to Europe for post-graduate studies by the Niger Delta Development Commission (NDDC) are reportedly stranded abroad because…

byEkeminiJuly 15, 2020July 15, 2020
COVID-19: Govt To Ban Some Countries From Nigeria
Local

COVID-19: Govt To Ban Some Countries From Nigeria

The Federal Government on Monday said it would ban citizens from some countries from gaining entry into Nigeria in order…

byEkeminiJuly 15, 2020July 15, 2020
Inflation, Key Concerns of Nigerian Investors – Coronation Asset Management
BusinessLocal

Inflation, Key Concerns of Nigerian Investors – Coronation Asset Management

Inflation and not losing money in investment schemes are two major concerns of Nigerian investors. Mr. Guy Czartoryski the Head…

byEkeminiJuly 15, 2020July 15, 2020
Banks Now To Seize Defaulter’s Funds In Other Banks
BankingLocal

Banks Now To Seize Defaulter’s Funds In Other Banks

The Central Bank of Nigeria, CBN, has issued guidelines on the Global Standing Instruction, GSI, which enables banks to seize…

byEkeminiJuly 15, 2020
Nigeria Cuts Oil Production To 1.4 Mbpd -OPEC
BusinessLocal

Nigeria Cuts Oil Production To 1.4 Mbpd -OPEC

For the first time in many years, the Organisation of Petroleum Exporting Countries, OPEC, has confirmed Nigeria’s ability to cut…

byEkeminiJuly 15, 2020July 15, 2020
Nigeria’s NNPC Fired 850 Workers, Many From Refineries, Oil Union Says
Local

Nigeria’s NNPC Fired 850 Workers, Many From Refineries, Oil Union Says

The Nigerian National Petroleum Corporation (NNPC) has fired 850 workers, many of them from refineries, amidst the coronavirus pandemic, an…

byEkeminiJuly 15, 2020
Banks To Place Chronic Loan Defaulters On Watch List
BankingLocal

Banks To Place Chronic Loan Defaulters On Watch List

the Central Bank of Nigeria on Monday released the guidelines aimed at reducing non-performing loans in the banking sector and…

byEkeminiJuly 14, 2020
South-East Traders Protest High Demurrages At Ports
BusinessLocal

South-East Traders Protest High Demurrages At Ports

Traders under the aegis of South-East Amalgamated Markets Traders Association have protested high demurrage at ports across the country. They…

byEkeminiJuly 14, 2020
Nigerians Believe Rising Inflation’ll Weaken Economy
BusinessLocal

Nigerians Believe Rising Inflation’ll Weaken Economy

Many Nigerians believe that rising inflation will lead to a weaker economy, according to a survey by the Central Bank…

byEkeminiJuly 14, 2020
Forbes Rates University Of Lagos, Nigeria High In Producing Entrepreneurs
Local

Forbes Rates University Of Lagos, Nigeria High In Producing Entrepreneurs

The University of Lagos, UNILAG, has been acknowledged as the third most productive school in educating entrepreneurs on the African…

byEkeminiJuly 14, 2020
Nigerian President Buhari Approves New Boards For NLNG, BGT
Local

Nigerian President Buhari Approves New Boards For NLNG, BGT

President Muhammadu Buhari has approved the newly reconstituted board of Nigeria Liquified Natural Gas(NLNG) and Bonny Gas Transport Limited (…

byEkeminiJuly 14, 2020
Nigerian Banks To Debit Debtors’ Accounts Directly
BankingLocal

Nigerian Banks To Debit Debtors’ Accounts Directly

The Central Bank of Nigeria (CBN) has released guidelines on Global Standing Instruction (GSI) that would enable banks to debit…

byEkeminiJuly 14, 2020July 14, 2020
Nigeria: ABCON Calls For Suspension Of Taxes, Tariff Hike
BusinessLocal

Nigeria: ABCON Calls For Suspension Of Taxes, Tariff Hike

Association of Bureaux De Change Operators of Nigeria (ABCON), has called on the Federal Government to suspend all increases in…

byEkeminiJuly 13, 2020July 13, 2020
Nigerians Fight For Economic Balance As Recession Beckons
BusinessLocal

Nigerians Fight For Economic Balance As Recession Beckons

The months ahead may be more daunting for the real sector as government’s debt-funding plans at higher costs threaten to…

byEkeminiJuly 13, 2020
Flight Operations Restart In Kano Airport Amid Low Passengers
Local

Flight Operations Restart In Kano Airport Amid Low Passengers

Domestic flight operations has resumed at Mallam Aminu Kano International Airport (MAKIA), Kano amidst strict adherence to COVID-19 protocols. Although…

byEkeminiJuly 13, 2020
FG Threatens To Review Air Agreements With UK, Others Over ‘Unacceptable Treatment ‘Of Nigerian Carriers
Local

FG Threatens To Review Air Agreements With UK, Others Over ‘Unacceptable Treatment ‘Of Nigerian Carriers

The federal government Sunday said it would review its Air agreements with various countries as a result of the unacceptable…

byEkeminiJuly 13, 2020
Why 58 Nigerian Medical Doctors Were Traveling Without UK Visas
Local

Why 58 Nigerian Medical Doctors Were Traveling Without UK Visas

Some facts have emerged why 58 Nigerian medical doctors who were denied departure to the UK through the Muritala Muhammed…

byEkeminiJuly 13, 2020
Overland Airways To Resume Flights July 15
Local

Overland Airways To Resume Flights July 15

Overland Airways has announced the resumption of its flight services with effect from July 15, 2020, following the lifting of…

byEkeminiJuly 13, 2020
Exclusive: Buhari Ordered DSS To Investigate Magu Since 2018
Local

Exclusive: Buhari Ordered DSS To Investigate Magu Since 2018

Unknown to Ibrahim Magu, President Muhammadu Buhari had directed the Department of State Services (DSS) to investigate him as far…

byEkeminiJuly 13, 2020July 13, 2020
Report Cites Nigeria In Dubai Global Corruption Saga
Local

Report Cites Nigeria In Dubai Global Corruption Saga

A new report has identified Nigeria as one of the major countries whose citizens use Dubai, the economic capital of…

byEkeminiJuly 13, 2020
Why Insurance Firms Are Selling Off Their PFAs
LocalOpinion

Why Insurance Firms Are Selling Off Their PFAs

The idea of mitigating risks and curtailing losses at the bare minimum begins from the insurance industry and only crosses…

byEkeminiJuly 12, 2020July 12, 2020
Nigerian Government Hands Over National Theatre To Bankers Committee
Local

Nigerian Government Hands Over National Theatre To Bankers Committee

The Minister of Information and Culture, Alhaji Lai Mohammed, has said he will on Sunday hand over the National Theatre…

byEkeminiJuly 12, 2020July 12, 2020
Nigerian Government Clarifies Tax On House Rents, C of O, Others
Local

Nigerian Government Clarifies Tax On House Rents, C of O, Others

The Director-General of the Budget Office of the Federation, Ben Akabueze, says tax on rents, Certificate of Occupancy and others…

byEkeminiJuly 11, 2020
Immigration Stops 58 Nigerian Medical Doctors From Travelling To UK
Local

Immigration Stops 58 Nigerian Medical Doctors From Travelling To UK

Operatives of the Nigeria Immigration Service (NIS) at Murtala Muhammed International Airport (MMIA) Ikeja, Lagos, have refused departure of 58 Nigerian doctors.…

byEkeminiJuly 11, 2020July 11, 2020

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