The management of Arik Air has relieved 300 members of staff of their appointments. This was announced in a statement by the airline on Friday. It blamed the sacking on the impact of COVID-19 pandemic. The press statement was titled, “Arik Air management declares 300 staff redundant”. The company explained that …
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Chinese Supplier Blames ‘Bad Luck’ For Frequent Locomotive Breakdown
The China Railway Construction Corporation Limited (CRCC) has blamed ill luck for the malfunctioning locomotives it recently built for Nigerians. CRCC after-sales manager Su Zhiguang, who heads the maintenance team on the Abuja-Kaduna rail line, told Peoples Gazette that the trains, which arrived in Nigeria in January, were test run …
Read More »Nigeria Resumes Petrol Import From China
Nigeria, Africa’s biggest oil producer and exporter, has resumed importation of petrol from China, the world’s top crude oil importer. The Asian country shipped 37,000 metric tonnes of petrol to Nigeria in September for the first time since July 2019, data from General Administration of Customs showed, according to S&P …
Read More »Basketmouth, Bisola Aiyeola, Others Join Malta Guinness 30 Years Anniversary
Africa’s leading non-alcoholic, adult, premium soft drinks, Malta Guinness, which is produced by Diageo has celebrated 30 years of operation. Celebrities like Basketmouth, Bisola Aiyeola, Ariyike Dimples and Nancy Isime have also joined in celebrating the premium drink brand. The celebration again confirms that there is never a dull moment …
Read More »Nigerian Fintech Startup Credpal Raises $1.5 Million Funding Round
Nigerian consumer credit startup CredPal has raised a US$1.5million funding round as it launches its range of credit cards. Launched in 2017 by Fehintolu Olaogun and Olorunfemi Jegede, CredPal develops consumer credit infrastructure to ease consumer credit purchase and enable retail businesses to provide on-demand credit for consumers. The startup, …
Read More »Tension As Boulos Sacks 70 Workers
There was tension around Acme Road, Ogba, Lagos, Southwest Nigeria on Tuesday as Boulos Enterprises, sacks over 70 workers and some union members. Boulos is a company assembling Suzuki motorcycles and other products. It is learnt that the company embarked on the sacking spree as a result of biting Coronavirus …
Read More »CBN Okays Withdrawals Of Dollars From Domiciliary Accounts
Frantic CBN allows diaspora remittances to be withdrawn in dollars and sold anywhere including black market To save the naira, CBN now allows diaspora remittances to be withdrawn dollar cash. The Central Bank of Nigeria (CBN) has announced the amendment of procedures for receipt of diaspora remittances in an apparent …
Read More »Moghalu: FG Can’t Protect Lives Of Its Citizens But Tries To Suppress #EndSARS
Moghalu: Govt Can’t Protect Lives Of Its Citizens But Tries To Suppress #EndSARS Protesters This government can’t protect the lives of its citizens but spends all its energy attempting to suppress #EndSARS peaceful protesters – Moghalu Former Presidential candidate, Kingsley Moghalu has blasted the Buhari-led adminstration over the killing of …
Read More »Commission Of Police Interpol Receives Phototype Of Legislative Spotlight Media
It was indeed a memorable occasion at the official presentation of prototype of the Legislative Spotlight Media Magazine-TLSMM. It was officially presented to the Comission of Police Interpol in Abuja, on the 24th of November 2020. The Prototype was officially received by CP Garba Baba Umar, a man of outstanding …
Read More »Excite Enterprise launches in Nigeria to scale MSMEs to profitability
Excite Enterprise, a fully digital Business Development, and Enterprise solutions provider, has made its way into the Nigerian market with various simplified innovations, designed to lead Micro, Small, and Medium Enterprises (MSMEs) on the pathway to success and sustainability. It is designed to facilitate solutions to the many problems …
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