Airlines suspend planned services withdrawal from Monday
Airline Operators of Nigeria (AON) has called off its planned withdrawal of services over astronomical rise in aviation fuel. In a statement jointly signed by six members of the AON,…
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14 ships with petrol, others waiting to berth at Lagos ports
The Nigerian Ports Authority (NPA) on Friday said 14 ships had arrived the ports and were waiting to berth with petrol, frozen fish, bulk salt, bulk wheat, base oil, ethanol…
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Airlines stop operations from Monday due to jet fuel cost
Nigeria’s airlines are to stop domestic operations from Monday in protest at the spiralling cost of jet fuel. It has risen almost fourfold this year, which was unsustainable, the Airline…
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NERC denies new tariff approval for DisCos
Chairman, Nigerian Electricity Regulatory Commission (NERC), Mr Sanusi Garba, says the commission has not approved any new tariff rate review in recent times. Garba told newsmen in Abuja on Friday…
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Stock market closes on positive note with N53bn gains
The stock market extended its gaining streak on Friday closing the week in green, following investors’ interest in some consumer goods stocks. Specifically, the market capitalisation gained N53 billion to…
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Customs condemns seized imported rice as unhealthy, poisonous
The Nigeria Customs Service Federal Operations Unit (FOU) Zone A on Thursday said some imported rice were unhealthy for human consumption. The Acting Controller of the Unit, Hussein Ejibunu, said…
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Traders hail CBN’s introduction of e-Naira
Traders at Kairo Market, Oshodi, Lagos, have commended the Central Bank of Nigeria (CBN) for introducing the digital currency, e-Naira. The traders gave the commendation at a sensitisation programme organised…
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NGX All-Share Index maintains bullish trend, up 1.42%
The domestic equities extended its gaining streak on the Nigerian Exchange Ltd.,(NGX) with All- Share Index (ASI) appreciating by 1.42 per cent on Thursday amid renewed sell pressure. The upward movement…
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PTAD: PHCN retirees not entitled to increase in pension
The Pension Transitional Arrangement Directorate (PTAD), said that workers of the defunct Power Holding Company of Nigeria (PHCN) are not entitled to the pension increase of 33 per cent. PTAD’s…
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Alake of Egbaland lauds NCC for impacting lives positively
…As Adewolu leads delegation to Ogun on consumer sensitisation The Alake of Egbaland, Oba Adedotun Aremu Gbadebo, Okukenu IV, has applauded the regulatory strides of the Nigerian Communications Commission (NCC)…
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