Senator Natasha Akpoti-Uduaghan, Chair of the Senate Committee on Local Content, has called on the Bank of Industry (BoI) to explain its use of the […]
Category: Economy
Economy
NCAA Cracks Down on Airlines for Misleading Departure Times
The Nigeria Civil Aviation Authority (NCAA) has announced it will sanction airlines engaging in deceitful departure time scheduling. Acting Director-General Capt. Chris Najomo emphasized this […]
FUTA Non-Teaching Staff Protest for Release of Withheld Salaries
Non-teaching staff members at the Federal University of Technology, Akure (FUTA) have staged a peaceful protest demanding the release of their four months’ withheld salaries […]
Chief Judge Denies Yahaya Bello’s Request to Transfer Money Laundering Trial to Lokoja
Federal High Court Chief Judge, John Tsoho, has denied former Kogi State Governor Yahaya Bello’s request to transfer his money laundering trial from Abuja to […]
Petrol Scarcity Spreads to Lagos, Prices Surge Amid Long Queues
The petrol scarcity that began six days ago in the Federal Capital Territory (FCT) has now spread to Lagos, causing motorists to endure long waits […]
High Airfares Soar as Nigerian Airlines Struggle with Fleet Reduction
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 […]
Lagos and Ogun Grind to a Halt After Torrential Rainfall
Business and commercial activities came to a standstill on Wednesday as a relentless 10-hour downpour wreaked havoc across Lagos and Ogun states. The heavy rain […]
Court Orders Closure of Abuja Companies Linked to P&ID Scandal
A Federal High Court in Abuja has ordered the closure of two companies, Trinity Biotech Nigeria Limited and Resorts Express Concept Nigeria Ltd, linked to […]
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 […]
Tapswap Delays Token Allocation to Q3, Cites Strategic Planning
Tapswap, a popular tap-to-earn app powered by TON Blockchain, has postponed its token allocation to users to the third quarter of the year. The app, […]