A reduction in serviceable aircraft among Nigerian carriers has led to a significant increase in domestic airfares, with one-hour flights now costing between N92,000 and […]
Category: Business
Business
74 Contractors Compete for Street Light Maintenance in AMAC, FCT
Seventy-four contractors are vying for the contract to maintain and provide street lights in the Abuja Municipal Area Council (AMAC) area of the Federal Capital […]
FIRS Chairman Urges States to Brace for Upcoming Tax Reforms
Federal Inland Revenue Service (FIRS) chairman, Zacch Adedeji, has called on state governments to prepare for imminent tax reforms. Speaking at the 155th Meeting of […]
Government Denies Importation of Dirty Fuel, Affirms Regulatory Measures
The Federal Government of Nigeria has refuted claims of importing dirty fuel into the country, following recent allegations by an official from Dangote Petroleum Refinery. […]
Adamawa State NDLEA Confiscates 4.7 Tons of Drugs and Arrests 454 Suspected Dealers
The Adamawa State Command of the National Drug Law Enforcement Agency (NDLEA) has announced significant progress in its fight against drug trafficking. From June 2023 […]
Cholera Claims Life of 62-Year-Old Woman in Ogun State
A cholera outbreak has resulted in the death of a 62-year-old woman and the hospitalization of five others in Ijebu-Igbo, Ijebu-North Local Government Area of […]
Nigeria Customs Revenue Soars by 74%, Reaches N4.49 Trillion in One Year
The Nigeria Customs Service (NCS) has reported a 74% increase in revenue collection, reaching N4.49 trillion between June 2023 and May 2024, compared to N2.58 […]
NUPRC Extends 2024 Oil Block Licensing Bid Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has extended the 2024 oil block licensing bid round registration by 10 days, according to a statement by […]
GTBank Takes Legal Action Against 60 Bank Executives Over N17bn Loan Dispute
Guaranty Trust Bank (GTBank) has initiated legal proceedings against 60 top executives from 13 commercial banks, including chairmen, CEOs, directors, and company secretaries. The move […]
Nigeria Seeks $500M World Bank Loan to Boost Rural Roads and Agriculture
The Federal Government is seeking a $500 million loan from the World Bank to improve rural road infrastructure and agricultural marketing across Nigeria. This initiative […]