Air Peace, one of Nigeria's leading airlines, has officially commenced its highly anticipated Lagos-London flight services, marking a significant milestone in its expansion strategy. The inaugural flight took off on Saturday, fulfilling the airline's earlier announcement of direct flight operations to London, which was made during a prelaunch forum...
The Nigeria LNG Limited says it has paid over $7bn as taxes and issued more than $15bn as dividend to the Federal Government since it started operations. NLNG’s Managing Director, Tony Attah, who disclosed this recently in Abuja, also stated that the company had the target of expanding its LNG...
analysts see prospects for growth, encourage corporate sponsorship for sustainability Stakeholders and entertainment actors in Edo State have valued the revenue accrued to the sector in 2021 to about N500 million owing to the growing opportunities and investment attracted to the creative and entertainment industry during the period. A cross-section...
As Lagos state Nigeria enters its third week of lockdown due to the Coronavirus pendamic, family members of over 600 staff sacked by Mikano International Limited have expressed shocke over the sack of their bread winners. According to one of the affected staff, ‘I have just returned from a trip...
The Central Bank of Nigeria, CBN, digital currency, eNaira has recorded 200,000 volumes and four billion Naira value of transactions since its inauguration in 2021. Godwin Emefiele, the CBN Governor said this on Thursday in Abuja at the grand finale of the “eNaira Hackathon”. The News Agency of Nigeria reports that...
Achieves Mechanical Completion, Flare Start-up of Refinery’s Area 5 Plant The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC). Rehabilitation work has been ongoing at the Refinery for over...
The vision of Governor Udom Emmanuel, to make the Akwa Ibom State owned Airline, Ibom Air, become the West African Aviation power house, is nearing reality, following indications that Ibom Air could soon commence regional operations between Nigeria and The Gambia. This was part of discussions Monday, when the Gambian...
The Ibadan Electricity Distribution Company Plc (IBEDC) says there will be no disconnection of electricity to non-paying customers during this period of lockdown in Coronavirus pandemic. Its Chief Operating Officer, Mr John Ayodele, made this known in a statement issued in Lagos on Friday. According to him, this is in recognition...
The Lagos State Commissioner for Tourism, Arts and Culture, Pharmacist (Mrs.) Uzamat Akinbile-Yusuf, a Nigerian comedian and actor, Atunyota Alleluya Akpobome, popularly known as Ali Baba and other stakeholders in the Tourism and Entertainment industry will, on Wednesday, May 20, 2020, meet to discuss issues bordering on revamping the...
The Nigerian Electricity Regulatory Commission (NERC) has said that in second quarter 2019, international customers owed Nigeria electricity bills totally N11.17billion. The commission’s second quarter report noted that in the period under review, the customers did not make any payment to the Nigerian Bulk Electricity Trading (NBET) Plc and Market...