Saturday, 04 May, 2024

Category: Business


The immediate past Director-General of the Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera, has raised concerns about allegations of ‘predatory pricing’ by foreign airlines against Nigeria’s Air Peace. The accusations come as Air Peace recently commenced its Lagos-London Read more…


The Minister of Power, Adebayo Adelabu, has apologised to Nigerians for saying that they keep freezers on for days due to low electricity tariff. Anything we have said that are considered offensive, we are sorry about that,” Adelabu said with Read more…


From Ifeoma Ejiofor The wife of Anambra State governor, Mrs Nonye Soludo, has described as inhuman and disheartening bystanders’ attitudes in times of emergencies, which concentrate more on using dire situations to make contents for social media instead of responding Read more…


The CEO of Air Peace, Allen Onyema has disclosed that since the airline began its direct flights from Lagos to London a few weeks ago, Gatwick Airport has deliberately frustrated its operations in the UK. Onyema made this revelation on Read more…


The Presidency on Tuesday said the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria aimed at stabilising the naira aligns with President Bola Tinubu’s “multi-faceted approach to ridding the nation’s foreign exchange market of malign actors and sharp Read more…


The Presidential candidate of the Peoples Democratic Party (PDP) in the last election, Atiku Abubakar, has challenged President Bola Tinubu to disclose the full cost of the Lagos-Calabar highway project and to refrain from responding to public enquiry with insults. Read more…


Minister of the Federal Capital Territory (FCT), Nyesom Wike, has suspended all events at the International Conference Centre in the FCT over poor maintenance. Wike while announcing the suspension after he inspected the centre on Monday, explained that the suspension Read more…


The Nigerian National Petroleum Corporation (NNPC) Limited is owing around $3 billion to traders over imported premium motor spirit, PMS, popularly known as petrol. According to Reuters, the backlog might not be unconnected with the collapsing naira currency and rising Read more…


The Economic and Financial Crimes Commission has warned against the use of Dollar or any foreign currency for services in the country. The Chairman of the EFCC, Mr. Ola Olukoyede’s strong warning is contained in the latest edition of the Read more…


Human rights lawyer, Femi Falana, says the Federal Government through the Nigerian Electricity Regulatory Commission (NERC) plans to extend electricity tariff hike beyond Band A consumers to other Nigerians categorised under other bands. Falana, who was a guest on Channels Read more…


Senator representing Borno South and Chief Whip of the Senate, Mohammed Ali Ndume, has faulted the recent hike in electricity tariff.  The Senate Chief Whip said the timing was wrong as he noted that Nigerians were yet to recover from Read more…


The Federal Government of Nigeria, through the National Identity Management Commission (NIMC) in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), has launched an innovative identity solution with payment functionality for all types Read more…