BUSINESS
Arik Sacks 10 Pilots Who Protested Pay Disparity, Welfare With Foreign Colleagues
The management of Arik Air has dismissed at least 10 of its pilots for embarking on industrial action without due notice. The Guardian learnt that...
Nigeria Got Nothing In Second Quarter 2021 For Giving Togo, Benin Republic, Niger Power — NERC
The Nigerian Electricity Regulatory Commission (NERC) has said that three neighbouring countries did not make any payment for the second quarter of 2021. In its...
48.6% Of Electricity In Nigeria Supplied From Generators — NBS
Generators powered by petrol, diesel and gas provide 48.6 per cent of the electricity consumed by power users across the country, according to the...
Gov. Ikpeazu Launches ‘Easy-Credit’ To Grant Abia Traders, Artisans Access To Funding
As part of efforts to boost small and medium sized businesses in Abia as well as stimulating economic growth, the State governor, Okezie Ikpeazu...
AEDC New Board, Interim Management Team Assume Office
The new board and interim management of Abuja Electricity Distribution Company has assumed office. The board is made up of Victor Osadolor as Chairman. Osadolor is...
Fuel Scarcity: Abia Govt Directs IPMAN To Resume Supply Or Risk Sanction
Following the scarcity of petroleum products that has hit Abia, over withdrawal of supply by tanker drivers, the state government has directed the drivers...
Emirati Minister Insists It’ll Be Unreasonable To Retain Air Peace Slots At Sharjah Airport After Nigeria-UAE Row
Amid the ongoing diplomatic fireworks between Nigeria and the United Arab Emirates, the Emirati Minister of Economy, Abdulla Bin Touq Al Marri, has said...
FG Insists On N30bn Duty As It Bans 91 Billionaires, VIP’s Jets
The Federal Government has directed the Nigeria Customs Service to ground 91 private jets belonging to some wealthy Nigerians over their alleged refusal to...
Oil prices Drop To Two-month Low As New COVID-19 Variant Emerges
The global oil prices fell to $77 per barrel, the lowest since September 2021 amid a new coronavirus variant and U.S. release of millions of barrels of...
CBN Bars BVN Violators From Opening New Bank Accounts
The Apex Bank in Nigeria, Central Bank of Nigeria (CBN) has barred BVN Violators from from opening a new bank accounts going by its...
