Ibadan, we are here! Commenced flights from Abuja to Ibadan today. We promised you this route, and now you have it. Last week it was Gombe. Douala is next. Stay tuned. We appreciate the Oyo State Government and other stakeholders who made the Ibadan launch possible. #BetterDealWithAirPeace #airpeace #ibadan #oyo …
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Fuel Price To Remain ₦162 Until FG Agrees With Labour
The Federal Government has said the pump price of petrol will remain N162 per litre, until it reaches an agreement with the Organised Labour for full deregulation of the downstream petroleum sector. Minister of State for Petroleum Resources, Chief Timipre Sylva, stated this on Tuesday while speaking with reporters in …
Read More »CBN To Freeze Risevest, Bamboo Accounts for “Illegal FX Transactions”
A federal high court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze accounts of fintech companies for 180 days. The accounts include that Rise Vest Technologies Limited, Bamboo Systems Technology Limited, Bamboo Systems Technology Limited OPNS, Chaka Technologies Limited, CTL/Business Expenses, and Trove …
Read More »EXPOSED: How Central Bank Governor, Emefiele Hosts Lavish Birthday Party In Jamaica, Dangote, Bank Executives Show Up In Private Jets
The crème de la crème in Nigeria’s banking and finance industry as well as Africa’s richest man, Aliko Dangote, gathered at the weekend in a frontal display of wealth at a private birthday ceremony in Jamaica organised by the Central Bank of Nigeria’s Governor, Godwin Emefiele SaharaReporters learned that the …
Read More »NESTOIL@30: DEVELOPING LOCAL CAPACITY AND INNOVATION IN THE OIL AND GAS INDUSTRY
The enactment of the Nigerian Oil and Gas Industry Content Development, known as the Local Content Act in 2010 to promote indigenous participation in Nigeria’s oil and gas industry, and improve the economic and social wellbeing of the players in the oil and gas industry, was initially met with skepticism …
Read More »Reverse Mentoring is the Future, says Eloine Barry
Nigerian Women in Public Relations has concluded its much anticipated and first of its kind Reverse Mentorship Workshop for Senior Public Relations and Communications Professionals with the theme Building Brands, Leveraging Trends, Managing Complex Comms Teams. The two-day intensive workshop, which comprised five training sessions facilitated by mid-level PR women …
Read More »CBN Stops Sale Of FOREX To BDCs
The Central Bank of Nigeria (CBN) says it has stopped forex sales to Bureau De Change (BDC) operators in the country. Godwin Emefiele, governor of the apex bank, announced this at the end of the monetary policy committee’s meeting in Abuja on Tuesday. Emefiele said BDC operators have become a …
Read More »Boko Haram, ISWAP: US Reveals Reasons For Selling Fighter Jets To Nigeria
United States Reveals Reasons For Selling Tucano Fighter Jets To Nigeria ! Sahara Reporters. Also, Ambassador Mary Beth Leonard welcomed the pilots and aircraft to Massachusetts on the first leg of their trans-Atlantic flight. The United States of America says it sold A-29 Super Tucanos to the Nigerian government to …
Read More »Ogun, Lagos top list of $1.69bn investment destinations in Nigeria in Q2 ― NIPC
Following the investment announcement of over $1.69 billion into Nigeria in the second quarter (Q2) of 2021, Ogun and Lagos State have come top on the list of investment destination in the country. According to the Nigerian Investment Promotion Commission (NIPC) report for investment announcement for Q2 of 2021, investment …
Read More »Nigeria’s revenue-to-GDP ratio lowest in the World – World Bank
Nigeria’s revenue-to-Gross Domestic Product ratio, which fell to between five and six per cent last year, is the lowest in the world, the World Bank said on Monday. The Country Director for Nigeria, World Bank, Dr Shubham Chaudhuri, said this during a panel session at a virtual public sector seminar …
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