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Home2022April

Month: April 2022

News

Nigeria lost two million jobs, $380bn before NOGICD Act – Wabote

April 30, 2022 Oluwafemi 0

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Simbi Wabote, says Nigeria lost over two million jobs and $380bn in capital flight over a period of 54 years before the enactment and […]

News

Underwriter gets NAICOM’s nod on product

April 25, 2022 Oluwafemi 0

The National Insurance Commission has approved the local passengers’ flight welfare scheme for Anchor Insurance Company Limited for deployment into the market in 2022. Anchor Insurance said it was determined to expand its retail market […]

News

FAAN to introduce ‘park and pay’ at Abuja airport

April 25, 2022 Oluwafemi 0

The Federal Airports Authority of Nigeria is getting set to introduce the park and pay scheme at the Nnamdi Azikiwe International Airport, Abuja. It said the aim of the initiative was to increase sanity at […]

News

Debt servicing: Nigeria paid $598.59m to World Bank, China in 2021

April 24, 2022 Oluwafemi 0

Nigeria spent $598.59m on servicing the debts owed to the World Bank and the Exim Bank of China in 2021, according to an analysis of data on actual external debt service payments from the Debt […]

News

Domestic, int’l passengers rise by 44%, hit 15.23million

April 21, 2022 Oluwafemi 0

Nigerian Airports witnessed increased patronage between January and December 2021, as the number of air travelers rose to 15.23 million from 10.55 m recorded in 2020. According to the latest Air Transport Report released by […]

News

Ogun, foreign investor sign $400m MoU on Olokola FTZ

April 16, 2022 Oluwafemi 0

The Ogun State government has signed a $400m Memorandum of Understanding with a foreign firm, Arise Integrated Industrial Platform, on the development of Olokola Free Trade Zone and Remo Agro Processing Zone. The state governor, […]

News

We’ll link train passengers profile with NIN from May – NRC

April 15, 2022 Oluwafemi 0

The Nigerian Railway Corporation on Thursday announced that beginning from May this year it would start linking the profiles of its train passengers with their various National Identification Numbers. It disclosed this while providing the […]

News

Consumer group, others kick as Reps clear dirty fuel importers

April 15, 2022 Oluwafemi 0

CONSUMERS of Premium Motor Spirit, popularly called petrol, on Thursday, kicked against the decision of the House of Representatives not to sanction those who imported methanol-blended contaminated PMS in January this year. The House of […]

News

Airlines, agents to begin sale of tickets in dollar

April 14, 2022 Oluwafemi 0

Some of the foreign airlines flying into Nigeria will on April 19 begin the sale of their tickets in dollar amid the worsening shortage of foreign exchange in the country. The development came as foreign […]

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