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Nigeria says working hard to resolve gasoline crisis

In a chat with Nigerians from all walks of life on Sunday evening during the stopover, the Vice President noted that the Federal Government was moving as quickly as it could to solve the fuel crisis and reduce the difficulties Nigerians were facing as a result.

How Jonathan’s officials, cousin shared 27bln proceeds of PHCN sale -EFCC

The Economic and Financial Crimes Commission (EFCC) has narrated how top government officials under the administration of former president Goodluck Jonathan shared 27 billion, part of the proceeds of the sale of Power Holding Company of Nigeria (PHCN) in 2014.

- Nigeria unemployment rate climbs up

Four out of every ten people in Nigeria's workforce were unemployed or underemployed by the end of September, National Bureau of Statistics (NBS) said on Friday.

Why is Jerusalem important, what makes Donald Trump's intervention so toxic

What is the status of Jerusalem? Israel set up its parliament in West Jerusalem when the state of Israel was proclaimed in 1948. The move followed the United Nations’ vote to partition Palestine on the basis of the British pledge known as the Balfour Declaration that paved the way for a homeland for the Jewish people.

- Nigeria's dollar reserves at $34.53 bln as of Nov. 24

Nigeria’s foreign exchange reserves stood at $34.53 billion as of Nov. 24, up nearly 3 percent from a month earlier, central bank data showed on Thursday. The bank did not provide a reason for the increase in reserves, which stood at $33.58 billion at the same date last month.

Tuesday 28 December 2021

Newcastle may not have enough players to tackle Everton this Thursday due to Covid-19

Newcastle may not have enough players to tackle Everton this Thursday due to Covid-19: The Magpies went into Monday’s Premier League clash against Manchester United with their squad ravaged by positive Covid-19 tests and injuries and emerged further depleted.

Tuesday 21 December 2021

House of reps jerk up 2022 budget to N17.1 trln, increase oil benchmark, deficits

House of reps jerk up 2022 budget to N17.1 trln, increase oil benchmark, deficits: The lower chamber of the National Assembly also increased the deficit estimate and the benchmark oil prices above the level proposed by the executive.

Monday 20 December 2021

Nigeria, Angola fail to meet crude production quota as OPEC+ output rises marginally in Nov

Nigeria, Angola fail to meet crude production quota as OPEC+ output rises marginally in Nov: The two countries have failed to produce at targets in recent years due to underinvestment, persistent maintenance issues and an exodus of international energy companies.

Ecobank Nigeria to partner Nigerians abroad to fund special social projects

Ecobank Nigeria to partner Nigerians abroad to fund special social projects: Ademiluyi disclosed that Ecobank was working closely with Nigerians in Diaspora Commission (NiDCOM) towards the engagement of Nigerians in the diaspora on policies, projects and other initiatives geared at developing the nation.

Thursday 16 December 2021

Nigeria plans toll on major roads as InfraCorp moves to raise fund

Nigeria plans toll on major roads as InfraCorp moves to raise fund: Emefiele also revealed that the Infrastructure Corporation of Nigeria Limited (InfraCorp) intends to commit N1 trillion to the completion of Lagos-Ibadan Expressway, Abuja-Kano Highway and the Second Niger Bridge.

Wednesday 15 December 2021

CBN seeks banks support to grow Nigeria’s economy to more than 5% yearly

CBN seeks banks support to grow Nigeria’s economy to more than 5% yearly: Emefiele, who spoke to bank chiefs at the Bankers’ Committee retreat in Lagos said efforts should be made to ensure that the country’s Gross Domestic Product (GDP) rise above five percent annually, higher than its present average growth rate of 2.7 percent.

Tuesday 14 December 2021

UK removes Nigeria, 10 other countries from travel red list

UK removes Nigeria, 10 other countries from travel red list: But Health Secretary Sajid Javid said it had spread so widely the rules no longer had much purpose, the BBC reports.

Thursday 9 December 2021

Nigeria finally ends oil spill in Nembe after a month of pollution

Nigeria finally ends oil spill in Nembe after a month of pollution: “We have put out the leak at SBAS-1. We are grateful for all the support,” minister Timipre Sylva said in a statement.

Nigeria generates N2.8 trln from VAT, company tax in 9-month ~NBS

Nigeria generates N2.8 trln from VAT, company tax in 9-month ~NBS: The improvement in VAT collections further confirmed the resilience and recovery of the Nigerian economy following the devastating impact of the COVID-19 pandemic.

CBN grants approval for Sterling Bank to operate a non-interest standalone bank

CBN grants approval for Sterling Bank to operate a non-interest standalone bank: The bank said the approval was sequel to the approval-in-principle granted to the Bank for the restructuring as a holding company (HoldCo) and subject to the fulfillment of conditions as stipulated by the CBN.

Omicron variant symptoms milder in patients ~Netcare

Omicron variant symptoms milder in patients ~Netcare: The symptoms displayed by patients in Netcare’s hospitals in the epicenter of the current fourth wave, the province of Gauteng, “are far milder than anything we experienced during the first three waves,” Chief Executive Officer Richard Friedland said in a statement Wednesday.

UBA assumes ownership of Abuja DisCo after firm default in loan repayment

UBA assumes ownership of Abuja DisCo after firm default in loan repayment

Anxiety after fully vaccinated person tests positive for covid-19 in Nigeria

Anxiety after fully vaccinated person tests positive for covid-19 in Nigeria: The person, who was said to have been fully vaccinated, tested positive on Tuesday evening, 24 hours after the event was held at Nigerian Air Force Conference Centre in Abuja.

Groups want Nigeria back on list of countries of particular concern on religion freedom

Groups want Nigeria back on list of countries of particular concern on religion freedom: In recent months, gangs of Fulani militants, Boko Haram terrorist, and other armed radicals have become even more brazen, torching entire villages and farms, ambushing, and killing innocent people in gory, unspeakable ways,” the letter notes. “Sadly, the victims are often targeted because of their religious identity.”

Wednesday 8 December 2021

Nembe oil Spill: Senate accuses Aiteo of ‘technical incompetence’ in handling incident

Nembe oil Spill: Senate accuses Aiteo of ‘technical incompetence’ in handling incident

How 1 mln vaccine doses donated by COVAX expired in Nigeria ~Health minister

How 1 mln vaccine doses donated by COVAX expired in Nigeria ~Health minister: However, the country’s health ministry in a statement signed by the minister in charge, Osagie Ehanire, explained that the vaccines which were received in form of donations through COVAX and AVATT facility had residual shelf lives leaving the country with a limited period to facilitate distribution and usage.

Nigerian designer incorporates artefacts into jewellery to promote culture

Nigerian designer incorporates artefacts into jewellery to promote culture

Tuesday 7 December 2021

Nigeria to raise N100 bln at last debt auction of 2021

Nigeria to raise N100 bln at last debt auction of 2021: All the debt on offer are reopening of the previously issued paper, the debt office stated, noting that they are all in 10-year and 20-year.

Lagos to prosecute violators of Covid-19 travel protocols

Lagos to prosecute violators of Covid-19 travel protocols: All foreigners that flout the rules would be subjected to possible deportation. Therefore, I implore all intending inbound passengers to perform their required tests at any of the private laboratories within the Lagos State Private Laboratory Consortium as and when due,” the governor said in a statement on Tuesday.

ICPC investigates Uniport, others over N950 mln Covid-19 fund

ICPC investigates Uniport, others over N950 mln Covid-19 fund: An immediate investigation by the Commission into the utilisation of the N950 million intervention fund by the teaching hospital in Port Harcourt has therefore been initiated.

How I once sell ‘Babaringa’ and local hand-made mats ~Elumelu

How I once sell ‘Babaringa’ and local hand-made mats ~Elumelu: “Yes I do. I did my NYSC stint in Sokoto, Northern Nigeria. They make very good ‘Babaringa’ which is a three-piece local costume that is very popular throughout the country. “I used to buy these alongside local hand-made mats and sell them to friends in the other end of the country, in the South. I made a little money from this which was very welcome as we were on a small stipend.

Nigeria’s equity market gains on back of Lafarge, Zenith, others rally

Nigeria’s equity market gains on back of Lafarge, Zenith, others rally: The NGX 30 Index marginally increased by 0.03 percent to close at 1,683.06 points as against 1,682.49 points as on the previous day.

Nigeria seeks collaboration with Belarus on food production, other sectors

Nigeria seeks collaboration with Belarus on food production, other sectors: He added that Belarus was ready to cooperate with Nigeria in mechanized agriculture, and can also help in the fight against terrorism.

Wearing a mask is better than social distancing ~Study

Wearing a mask is better than social distancing ~Study: In the most ideal scenario, where both people wear a medical-grade FFP2 mask and are kept apart, the chance of transmission is just 0.4 percent after an hour.

President Buhari approves sack of Abuja DisCo management over staff strike action

President Buhari approves sack of Abuja DisCo management over staff strike action: A statement issued by the media aide of the minister of state for power, Ofem Uket on Tuesday, said the president approved a new interim governing board to oversee the day-to-day operations of the company.

California based Equinix moves to acquire Nigeria’s MainOne for $320 mln

California based Equinix moves to acquire Nigeria’s MainOne for $320 mln: he transaction, the statement said has an enterprise value of $320 million and is expected to be AFFO accretive upon close, excluding integration costs, marking the first step in Equinix’s long-term strategy to become a leading African carrier neutral digital infrastructure company.

Ecobank Nigeria names new MD as Akinwuntan steps down Jan 2022

Ecobank Nigeria names new MD as Akinwuntan steps down Jan 2022: Chairman of the board of director of the local unit, Bola Adesola said: “We look forward to working with Mobolaji and assure him of the full support of the Board, Management and all the staff of Ecobank Nigeria.

Total loan-to-deposit of Nigerian bank hits N7 trln, says CBN

Total loan-to-deposit of Nigerian bank hits N7 trln, says CBN: We are very positive about the resilience and soundness of the banking sector. The banking sector has been strategically supporting the recovery based on the impact of Covid-19 where some of the forbearances that we granted to the sector have helped to ensure that they retain their capacity to lend and has also given succour to the obligors.

Nigeria tech startup TradeDepot raises $110 mln new capital

Nigeria tech startup TradeDepot raises $110 mln new capital: The digital platform, which connects businesses using its network to distributors of consumer goods, raised $110 million in an equity and debt funding round, according to a statement.

Bank customers petition CBN over illegal deduction by DMBs

Bank customers petition CBN over illegal deduction by DMBs: According to the association, most of the transactions are the social responsibility of the banks, adding that the banks make deductions and charges for virtually every transaction ranging from deposits to even confirmation of signature.

MTN to enforce mandatory Covid-19 vaccinations for staff

MTN to enforce mandatory Covid-19 vaccinations for staff: “It (vaccine mandate) also recognises the right of employees to apply to be exempted from the policy and/or refuse vaccination on certain clearly defined grounds,” it said, adding that staff who do not have a valid reason for not getting vaccinated will be laid off.

Monday 6 December 2021

NCC, ALTON back 2021 ITREALMS E-Waste Dialogue

NCC, ALTON back 2021 ITREALMS E-Waste Dialogue: Confirming these at the weekend, the editor-in-chief, ITREALMS Media group, Remmy Nweke, said that the ITREALMS E-Waste Dialogue, slated for Thursday, December 9, 2021 in Lagos would have the Executive Vice Chairman (EVC) of NCC, Umar Garba Danbatta deliver a keynote address to the occasion.

Food Inflation in Sub-Saharan Africa

Food Inflation in Sub-Saharan Africa: However, high food inflation could persist if inflation expectations become de-anchored or supply chain disruptions continue. Regionwide, average inflation is expected to edge up in 2021 before easing next year depending on commodity prices and the resolution of supply-demand mismatches.

AMCON gives debtors 30-day ultimatum to pay or be ‘named and shamed’

AMCON gives debtors 30-day ultimatum to pay or be ‘named and shamed’: Nwauzor said in response to the Senate call, the ‘bad bank’ has granted the debtors 30 days ultimatum to come up with plans to repay their debt otherwise they will face the embarrsssment of having their name publish in media space.

Nigeria records N3.03 trln in trade deficit by Q3 as imports bill rises 17.3%

Nigeria records N3.03 trln in trade deficit by Q3 as imports bill rises 17.3%: The Statistician-General of the Federation, Simon Harry, who revealed this in Abuja stated that Nigeria earned N5.130 trillion from export trade and spent N8.153 trillion on import trade in the period.

FIRS boss wants all revenues included in computation of Nigeria’s tax-to-GDP ratio

FIRS boss wants all revenues included in computation of Nigeria’s tax-to-GDP ratio: In as much as the country needs to continually and conscientiously put measures in place to improve such a concern, there is also the need to comprehensively bring the entire national and sub-national revenue sources into consideration to properly and appropriately determine the correct and meaningful tax-to-GDP ratio for the country.

Prices of LPG, Cooking Gas to rise as supply slump

Prices of LPG, Cooking Gas to rise as supply slump: Reacting to the limited supply of LPG, the President, Nigeria LPG Association, Nuhu Yakubu, who noted that the sector was still constrained by some problems, especially foreign exchange, high prices and instability, said the association has been engaging with relevant agencies with a view to addressing the issues.

Currency in circulation rises in Nigeria despite increases digital transactions

Currency in circulation rises in Nigeria despite increases digital transactions: The amount of naira notes and coins circulating in the economy increased 4.6 percent to N3 trillion in October from the previous month, according to the Central Bank of Nigeria (CBN) data. Broad money supply, or M2, surged to a record N41.4 trillion in the same month.

Omicron Variant: UK dismisses ‘travel apartheid’ against Nigeria, other Africa countries

Omicron Variant: UK dismisses ‘travel apartheid’ against Nigeria, other Africa countries: The comments came after Nigeria’s high commissioner to London backed the UN Secretary General’s view that measures imposed by nations against large parts of Africa amounted to ‘travel apartheid’.

China People’s Bank to slash bank reserve requirements

China People’s Bank to slash bank reserve requirements: The People’s Bank of China said in a statement that it would cut banks’ reserve requirement ratio by 0.5 percentage point, which will bring the weighted average RRR level for the whole banking system to 8.4 percent.

POLITICAL NOTES: Bullying in Secondary schools

POLITICAL NOTES: Bullying in Secondary schools: Our children must be rescued from bullies. The time is now.

Many passengers to UK, other countries stranded at Nigeria airports as a result of Omicron travel ban

Many passengers to UK, other countries stranded at Nigeria airports as a result of Omicron travel ban: Though the Nigerian government expressed displeasure at its red listing by the United Kingdom government, this has not change the ordeal of intending travelers whose flights were cancelled by the airlines due to travel ban imposed by various countries on passagers from Nigeria.

Why I sympathise with Sanwo-Olu on endsars probe panel white paper

Why I sympathise with Sanwo-Olu on endsars probe panel white paper: Perhaps many of us were expecting too much from the governor, who we know that even though he is in power he does not possess the lever of authority of his office. It has been proven without time that there is a power behind the throne and Sanwo-Olu can only bark, he does not have the teeth to bite.

Saturday 4 December 2021

Omicron variant found in more vaccinated people in U.S. as resistance concerns persist

Omicron variant found in more vaccinated people in U.S. as resistance concerns persist: The first case in the U.S. emerged in California on Wednesday. The patient was reported to be in the 18-49 age bracket and had recently returned from Africa. While fully vaccinated, they were not yet eligible for a COVID-19 booster shot.

MTN raises $150.2 mln from IPO, short of its target

MTN raises $150.2 mln from IPO, short of its target: The stake which Africa’s largest wireless carrier has in the unit was cut to 83.05 percent from 96 percent after the allotment.

How parental indulgence destroying culture of discipline in schools

How parental indulgence destroying culture of discipline in schools: During one of those stupid summer trips organized by schools for children, a parent gave their son 20,000EURO for upkeep on a 2- week trip.

World richest man, Elon Musk seeks age limit for political office.

World richest man, Elon Musk seeks age limit for political office.: In a tweet on Thursday, the SpaceX and Tesla founder said: “Let’s set an age limit after which you can’t run for political office, perhaps a number just below 70.”

In Oworonsoki, Lagos ‘slum party’ brings hope and life

In Oworonsoki, Lagos ‘slum party’ brings hope and life: The “Slum Party” kicks off with a burst of music, dance and the flames of a fire breathing act. For three years, a collective of 10 young Nigerian performers has sought to improve the lives of Oworonshoki’s residents through dance, hoping to change the reputation of an area once blighted by gang violence.

Terrorists release 61 kidnapped baptist Church worshippers in Kaduna

Terrorists release 61 kidnapped baptist Church worshippers in Kaduna: Two of the abductees were killed on the spot, two others were shot dead later while one was injured and hospitalised.

An online archive for Benin Bronzes to go live by 2022

An online archive for Benin Bronzes to go live by 2022: The Benin Bronzes, which are mostly in Europe, were stolen from Nigeria’s Benin City during colonialism and are among Africa’s most significant heritage objects. The statues were created from at least the 16th century onwards, according to the British Museum.

Islamist militants kill 7 soldiers, including a commanding officer in Borno

Islamist militants kill 7 soldiers, including a commanding officer in Borno: The militants, who the sources said were with Islamic State West Africa Province (ISWAP), attacked a military outpost in Rann, in Kala Balge local government area of Borno state, in three trucks at roughly 1:30 am, firing sporadically for an hour.

Africa’s richest man, Dangote wealth rises to highest since 2014

Africa’s richest man, Dangote wealth rises to highest since 2014: The rising share price of his Dangote Cement Plc and higher oil and fertilizer prices helped boost the 64-year-old Nigerian businessman’s wealth by as much as $2.3 billion this year to $20.1 billion as of Dec.  3, the richest he has been since 2014 according to the Bloomberg Bilionaires Index.

Nigeria approves booster Covid vaccine for fully vaccinated

Nigeria approves booster Covid vaccine for fully vaccinated: According to a statement by Mohammad Ohitoto, spokesman for the National Primary Health Care Development Agency (NPHCDA), eligible Nigerians are to visit health centres and mass vaccination sites from December 10 to get their booster doses.

Nigeria creative sector generates $4.5 bln revenue annually ~CBN

Nigeria creative sector generates $4.5 bln revenue annually ~CBN: Emefiele, who spoke in Dubai, said the Federal Government was doing everything possible to support the creative sector of the nation’s economy.

The Dowen College disturbing response to a hurting parent

The Dowen College disturbing response to a hurting parent: How would a school that accepted students into it custody write such hogwash rebuttal on the cause of death of the young lad without any empathy? Nowhere in the school statement was the name of the boy mentioned, his case was treated like one of those incidents that happen among students.

Friday 3 December 2021

S.African Absa expects annual profit to more than double

S.African Absa expects annual profit to more than double: South African bank Absa expects annual profit to more than double in the year to Dec. 31, it said on Friday, citing cost controls and lower bad debts.

UK approves GSK’s Covid antibody drug that slashes risk of death and hospitalisation

UK approves GSK’s Covid antibody drug that slashes risk of death and hospitalisation: It is given to patients considered most at-risk of developing severe disease, including elderly people and those with underlying health conditions.

President Buhari seeks global collaboration against covid

President Buhari seeks global collaboration against covid: ‘Such level of continuing understanding and pragmatic partnerships are needed and must be reinforced to ensure that our world is a better place that addresses humanity’s common challenges to guarantee sustainable development and progress for the global community

Lagos closes Dowen College indefinitely over death of student

Lagos closes Dowen College indefinitely over death of student: “The Lagos State Government has ordered the indefinite closure of Dowen College, Lekki, pending the outcome of an investigation into the death of Sylvester Oromoni Jnr, a student of the school.

Cyprus police arrest man with knife where Pope Francis was celebrating mass

Cyprus police arrest man with knife where Pope Francis was celebrating mass: Two security sources said the knife was found during security screening for thousands seeking access to the stadium on Friday morning.

Terrorists again strike in Kaduna, abduct 50, kill two

Terrorists again strike in Kaduna, abduct 50, kill two: “The bandits struck in the early hours of today ( Friday), invaded Ungwan Gimbiya Community of Sabo in Chikun local govt area of Kaduna state and abducted over 50 people and killed two.”

Thursday 2 December 2021

Airtel Africa increases stake in Nigeria operations to 99.96% after buyout minority shares

Airtel Africa increases stake in Nigeria operations to 99.96% after buyout minority shares: In a regulatory filing on Thursday, Airtel Africa, which is quoted on the domestic bourse said it paid a total of N61 billion to buy back the minority stakes in the local telecom firm.

The G20 Common Framework for Debt Treatments Must Be Stepped Up

The G20 Common Framework for Debt Treatments Must Be Stepped Up: We may see economic collapse in some countries unless G20 creditors agree to accelerate debt restructurings and suspend debt service while the restructurings are being negotiated. It is also critical that private sector creditors implement debt relief on comparable terms.

EU fines HSBC, Credit Suisse, 2 others €344 mln forex trading probe

EU fines HSBC, Credit Suisse, 2 others €344 mln forex trading probe: Authorities in Brussels on Thursday levied the penalties on the banks after finding that their foreign-exchange traders had used online chat rooms, including one called Sterling Lads, to share information and sometimes co-ordinate trading strategies.

Nigeria’s commodities exchange, AFEX to raise $100 mln debt to fund food production

Nigeria’s commodities exchange, AFEX to raise $100 mln debt to fund food production: In a statement, AFEX stated that the fund will help to finance 250,000 hectares of land for commercial and smallholder farming across states in Nigeria more than the 30,000 hectares in Kano, Kaduna, Oyo, Ogun, Cross River and the FCT which is initially covered.

Apple to phase out iPhone 6 plus this year

Apple to phase out iPhone 6 plus this year: When an iPhone becomes vintage, it will not receive software updates and owners may not have their devices fixed by Apple or Apple’s authorised repair providers.

Nigeria’s forex reserves decline 1.46% in a month to $41.2 bln

Nigeria’s forex reserves decline 1.46% in a month to $41.2 bln: The data on the website of the regulatory bank showed that the country’s dollar buffer were down by as much as $613 million in a month, in what analysts attributed to the increase dollar sales to the market by the CBN during the period.

Collaboration, the new competition in Fintech space ~Absa CEO

Collaboration, the new competition in Fintech space ~Absa CEO: Thanks to the global pandemic as well, awareness around digital payments and collaboration is becoming a mainstay, which is a good thing.

Fitch Rates GTCO ‘B’; Outlook Stable

Fitch Rates GTCO ‘B’; Outlook Stable: It said GTCO’s VR is assigned at the same level as the group VR as Fitch believes the holdco’s failure risk is substantially the same as that of the group as a whole.

NCC shortlists MTN, Airtel, Mafab for 5G networks auction on Dec 13

NCC shortlists MTN, Airtel, Mafab for 5G networks auction on Dec 13: According to the NCC, “the stage is now set for the three companies to participate in the Main Auction as well as in the mandatory Mock Auction process, which will come as a precursor to the Main Auction.”

Emirates Airlines to resume flight operations to Nigeria from Dec 5

Emirates Airlines to resume flight operations to Nigeria from Dec 5: “Travellers coming from Nigeria will also need to take another Covid-19 PCR test on arrival at Dubai International Airport.

Wednesday 1 December 2021

Chelsea maintain lead on Premier League as the club beats Watford 2-1

Chelsea maintain lead on Premier League as the club beats Watford 2-1: For Chelsea, this was an anaemic display, that only had the two expertly taken finishes to take comfort from.

How Fayose associate bought N1.3 bln property in 4-month

How Fayose associate bought N1.3 bln property in 4-month: At the resumed sitting on Wednesday, Tolulope, who was led in evidence by the counsel to the prosecution, Rotimi Jacobs told the court that Agbele bought four charlets from her company, Still Earth Limited, between March and July, 2015.

MTN Nigeria stocks down 10% after pricing shares sale below market rate

MTN Nigeria stocks down 10% after pricing shares sale below market rate: The drop in MTN Nigeria shares pushed the main share index down 1.8 percent to a three-week low. MTN listed its Nigerian business in Lagos two years ago at N90 each, becoming the second-largest stock by market capitalisation.

“Is this the end?” Nigerian crypto-traders confront latest state hurdle

“Is this the end?” Nigerian crypto-traders confront latest state hurdle: rypto traders may also find that the law is on their side. The CBN’s suspension of people’s bank accounts for committing an offence that does not exist is presumably illegal. Additionally, FCMB’s discrimination based on age could be construed as a violation of the fundamental human rights enshrined in Nigeria’s constitution.

How ministry of aviation is frustrating AMCON efforts to transform Arik Air to NG Eagle

How ministry of aviation is frustrating AMCON efforts to transform Arik Air to NG Eagle: Kuru, who spoke at a retreat for the Senate committee on banking and finance, said the corporation strategic exit from its aviation portfolio through NG Eagle, creating an unencumbered and brand-new airline that would be easier to dispose profitably has met with resistance from the aviation ministry.

Buhari calls for people-to-people relations between South Africa and Nigeria

Buhari calls for people-to-people relations between South Africa and Nigeria: In this regard, we need improvement in educational and scientific cooperation, mines and energy resources, transport and aviation, tourism, youth exchange programmes, trade and investment and military cooperation, to mention but a few.”

ITREALMS holds 2021 e-Waste Dialogue on Dec 9

ITREALMS holds 2021 e-Waste Dialogue on Dec 9: Nweke also said that the Waste of Electrical and Electronic Equipment (WEEE) emanates from the likes of mobile phones, computers, TV-sets, and fridges among other electronic devices have become a set of fastest growing waste streams across the globe.

Many countries spend more than 50% of monthly income on Christmas ~WorldRemit

Many countries spend more than 50% of monthly income on Christmas ~WorldRemit: Of the 14 countries observed, data showed Rwandans are most impacted by the disparity between average household income and holiday costs, spending 708 percent of their monthly income and nearly 60 percent of their annual income on the holiday.

Court Adjourns N4.6 bln Fraud case against Fani-Kayode, Others to Jan. 24

Court Adjourns N4.6 bln Fraud case against Fani-Kayode, Others to Jan. 24: EFCC accuses Fani-Kayode of presenting fake documents to court

British Airways, others bar sales of air tickets to inbound Nigeria passengers

British Airways, others bar sales of air tickets to inbound Nigeria passengers: This is coming against the backdrop of dollar rationing by the Central Bank of Nigeria (CBN) as a result of efforts to manage demand for foreign currency in the wake of dollar shortage in the country.

Rising cooking gas price; any hope in sight?

Rising cooking gas price; any hope in sight?: However, our market survey research showed that the cost of refilling a 12.5kg cylinder prints at N10,000 as of Oct-2021.

Nigeria confirms first cases of Omicron among travellers from South Africa

Nigeria confirms first cases of Omicron among travellers from South Africa: The NCDC also said retrospective sequencing of previously confirmed cases among travellers to Nigeria had identified the variant among a sample collected in October. It did not give details.

Nigeria races to extract its oil before it’s too late

Nigeria races to extract its oil before it’s too late: Now Nigeria’s leaders want to almost triple crude production just as a warming world seeks to move away from fossil fuels. They aim to fill a void left by Royal Dutch Shell Plc, which pioneered development of the nation’s fields more than 60 years ago but is now pulling back from Nigeria.

Lagos releases white paper on endsars panel report, rejects death Figure

Lagos releases white paper on endsars panel report, rejects death Figure: The  government rejected the resolution of the Judicial Panel that no fewer than nine persons lost their lives when armed soldiers stormed the Lekki toll gate to disperse #EndSARS protesters on October 20, 2020.