Passengers of Azman Air on Friday evening unleashed anger on officials of the Kano based airline over flight cancellation at Mallam Aminu Kano International Airport, leaving a female staff collapsed and others with injuries. Confusion ensued at the departure lodge of the domestic wing when the airline announced cancellation of …
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“We Are Abusing The Word CEO” – Nigerian Woman Explains
Nigerian Business Developer, Omobaabirin Adedotun, is of the opinion that Nigerians abuse the word, Chief Executive Officer (CEO), Newsextra24 reports. Taking to her Twitter handle, she wrote: “Let me say this again. CEO means Chief Executive Officer. For there to be a CHIEF amongst the Officers. It means there must …
Read More »Shell Sells Stake In Nigerian Oil Block For $533m
The Shell Petroleum Development Company of Nigeria Limited has announced the completion of the sale of its 30 per cent interest in Oil Mining Lease 17 in the Eastern Niger Delta and associated infrastructure to TNOG Oil and Gas Limited for a consideration of $533m. The oil major said in …
Read More »Bolt, Uber Operating Illegally – Abuja Painted Taxi President
BOLT, UBER OPERATING ILLEGALLY SAYS ABUJA PAINTED TAXI PRESIDENT, INTRODUCES NAIRAXI AS LICENSED OPERATORS IN FCT Few hours ago in Abuja, the President of Abuja Painted Taxi, Comrade Shehu Shugabi Yar’adua louded the illegal operational activities of Bolt and Uber transport services in FCT, stressing that the duo organizations are …
Read More »E.F. Network To Provide Internet Services In Nigeria
…As Coy vows to crash cost of internet in Nigeria A multinational technology company and major global player in wireless/virtual technologies, E. F. Network Ltd, has been licensed by Nigeria Communication Commission (NCC) to provide internet services in Nigeria. The approval came on the heels of the company meeting all …
Read More »December 2020 Inflation Rate Rises To 15.75% As Food Inflation Jumps To 19.56%
The consumer price index, (CPI) which measures inflation increased by 15.75 percent (year-on-year) in December 2020. This is 0.86 percent points higher than the rate recorded in November 2020 (14.89) percent. Increases were recorded in all COICOP divisions that yielded the Headline index. On a month-on-month basis, the Headline index …
Read More »CBM7: Cussions Announces Prize Of ₦2 Million For This Year’s Winner
It is another week in the race for who will be crowned ‘Cussons Baby of the year’ and walk away with the grand prize of 2 million naira and a year’s supply of Cussons Baby products! And it is heating up with entries pouring in every week. To enter for …
Read More »PAN Nigeria Demand Reversal Of Tariff Review On Imported Vehicles
PAN Nigeria Limited has decried the approval of the Federal Executive Council (FEC), for a downward review of tariff on importation of vehicles into the country. Chairman of PAN, Mr Ahmed Wadada-Aliyu criticised the approval told journalists on Tuesday in Abuja that the downward review would be detrimental to the …
Read More »Naira Slumps Further, Exchanges For 473/$
The naira suffered further setback at the parallel market and Investors and Exporters forex window on Tuesday. According to figures obtained from Bureau De Change operators, the naira exchanged to the dollar for 473/$ at the parallel market. It had earlier gained in recent times after it closed the year …
Read More »Contract For The Kano-Maradi, Kano-Dutse Railway Project Has Been Signed
Today, we signed the contract documents for the commencement of the Kano-Maradi, Kano-Dutse railway project. The contractor, Mota-Engil Group, a Multinational Engineering & Construction firm has also agreed to build a University as part of their CSR while working on the project.
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