Poor Nigerians will reach 100 million by 2022 – World Bank

The World Bank on Thursday projected that the number of poor Nigerians will increase from the current 90 million to about 100 million by 2022 due to the impact of…

Govt halts retrenchment of 300 Arik Air staff

The Federal Government on Thursday said the over 100 per cent hike in domestic airfares was inevitable, describing it as one of the consequences of the COVID-19 pandemic. It also…

Naira exchanges for N474/$

The naira exchanged to the dollar in the parallel market at N474/$ on Thursday. The naira which recorded slight improvement in recent days closed at the Importer & Exporter forex…

FAAN implements cashless policy to reduce leakages

The Federal Airports Authority of Nigeria has promoted a cashless policy to optimise its revenue collection and reduce leakages. The Managing Director of FAAN, Captain Rabiu Yadudu, said this during…

Reps accuse Apapa gridlock presidential task force of extortion

The House of Representatives has said the Federal Government should pay attention to the construction of access roads linking seaports in the Apapa area of Lagos State. It also accused…

SOYINKA: Nobody in charge in Nigeria

Nobel Laurette, Prof. Wole Soyinka, has described the year 2020 as the most challenging year as a result of the vicissitudes of problems. He added that Nigerian situation was worse…

Ugwuanyi presents N169.85 billion 2021 budget estimate FOR ENUGU STATE

The Executive Governor of Enugu State, Ifeanyi Ugwuanyi had on Wednesday, presented to the State House of Assembly, the 2021 Budget estimates of One Hundred and Sixty Nine Billion, Eight…

Marketers kick against N5 reduction in petrol pump price

Against the backdrop of the N5 reduction in the price of Premium Motor Spirit (petrol) announced by the Federal Government, fuel marketers have said it is not possible to sell…

US consulate plans drone bootcamp for Nigerian entrepreneurs

The United States Consulate General Lagos in collaboration with Global Air Drone Academy and Nigeria Civil Aviation Authority has announced a call for applications for the Nigerian Drone Business Competition.…

Airports concession, others will go ahead despite opposition –FG

Moves to concession Nigeria’s four major airports and the establishment of a national carrier are still on course and the results will materialise soon, the Federal Government said on Monday.…