Economy
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FAAC Shares N954.085 Billion July 2022 Revenue To FG, States And LGCs
. The Federation Account Allocation Committee (FAAC) has shared a total sum of N954.085 billion July 2022 Federation Account Revenue…
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Emirates Airline Suspends All Flights To Nigeria
Emirates Airlines on Thursday said it would suspend its flight operations to Nigeria from September 1, 2022. The flag carrier…
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Electricity Workers Agree To Suspend Strike, Restore Power
. The National Union of Electricity Employees (NUEE) has suspended its strike. This followed a meeting with the Minister of…
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Nationwide blackout as transmission workers shutdown national grid
Striking workers of the Transmission Company of Nigeria, TCN, Wednesday shutdown the electricity national grid causing blackouts across the country.Vanguard…
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FG: €6.3m looted funds recovered in 14 months
The federal government says between March 2021 and May 2022, a total of €6,324,627 was recovered from foreign countries as…
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Report: Raise VAT, pay off older civil servants… governors advise FG on averting economic crisis
Nigerian governors have asked the federal government to raise value-added tax (VAT) to 15 percent and offer public workers older…
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Domestic airlines lose N4.3bn annually to restricted flight operations says Ibom Air COO
George Uriesi, chief operating officer (COO), Ibom Air, says domestic airlines lose at least N4.3 billion annually due to their…
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Calabar Airport witnesses more than 19,000 passengers’ movements in six weeks
The management of Margaret Ekpo Airport in Calabar, Cross River State, on Monday said it witnessed more than 19,000 passengers’…
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Nigerian bakers announce new price hikes for bread
Nigerians will pay more for bread in the coming days as bakers in some states have announced price hikes to…
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Ibom Air alerts Nigerians on Flights cancellation
Management of Akwa Ibom State owned Airline, Ibom Air have alerted Nigerians on Flight cancellation due to unavailability of Aviation…
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