Business

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Business

2023: Peter Obi Urges Nigerians To Support A Productive Politician

Ahead of the 2023 presidential election, Peter Obi, former Governor of Anambra State has advised Nigerians to scrutinise politicians before supporting their political ambitions. Obi urged Nigerians to support a president who is productive and not only interested in the title. The former governor said this in Minna when he came to seek support for his Presidential ambition, on Sunday, March 20, 2022. Describing Nigeria as a country in a […]

todayMarch 21, 2022 23

Business

Air Peace: Reason Behind The Delay Of Lagos To Johannesburg Flight

The management of the Nigerian air carrier, Air Peace, explained reason behind the delay of Lagos to Johannesburg Flight for 6hours on Sunday. Air Peace said the airplane billed for the South Africa trip, a Boeing 777, had it first delayed in Budapest, Hungary, where it airlifted Nigerians who were stranded due to the Ukraine crisis. It was also delayed in Abuja. Air Peace said, “Our attention has been drawn […]

todayMarch 8, 2022 35

Business

Strike: UNIBEN Students Barricade Road In Solidarity Protest For ASUU

Students of the University of Benin (UNIBEN), Edo State have barricaded the roads in a solidarity protest for the ongoing strike by the Academic Staff Union of Universities (ASUU). The protesting students blocked the Benin-Lagos expressway in the school axis, resulting in outcoming and incoming vehicles getting stuck in gridlock. The UNIBEN students commenced the two-day solidarity protest on Wednesday, insisting that they are determined to continue with the action […]

todayFebruary 17, 2022 33

Business

Fuel Queues Will ‘Vanish’ By Next Week, NNPC Assures Nigerians

The Nigerian National Petroleum Company (NNPC) has assured that the fuel scarcity in the country will end soon. Group Managing Director (GMD) of the NNPC, Mele Kyari, gave the assurance on Wednesday in a meeting with the House of Representatives ad-hoc committee investigating the importation of adulterated fuel into the country. “For this current situation, let me assure you we have taken every necessary step to restore supply into this […]

todayFebruary 17, 2022 34

Business

NNPC Orders Depots, Retail Outlets To Begin 24-Hour Operations

The Nigerian National Petroleum Company (NNPC) has directed all its depots and outlets to begin 24 hours operations to address the fuel scarcity across the country. NNPC Group Executive Director (Downstream), Mr Adetunji Adeyemi, announced this on Tuesday in Abuja amid the growing concerns over the scarcity of Premium Motor Spirit (PMS) popularly known as petrol. Adeyemi made the announcement as a precautionary measure as the situation worsens in Abuja, […]

todayFebruary 16, 2022 12

Business

Burna Boy Makes History For hitting 200,000,000+ Streams On Boomplay

Burna Boy, Nigerian Grammy-award winner, has continued to break historical charts as the first-ever African artist to hit 200 million streams on Boomplay, Africa’s biggest music streaming platform. The feat comes barely a year after Burna Boy was celebrated as the first artiste to hit the 100 million streams milestone on Boomplay. Boomplay streams are calculated based on industry-recognised standards in which only no less than a thirty-second stream is […]

todayFebruary 15, 2022 53

Business

Nigeria To Get €820m Digital Economy Package From EU

The European Union weekend announced an EU-Nigeria Digital Economy Package of at least €820 million until 2024. The package will help enhance secured connectivity, digitalise public services, support entrepreneurship and build digital skills, while developing a human-centric, democratic governance framework for technology. The European Union made the announcement when Yemi Osinbajo, Nigeria’s vice president hosted a delegation of the European Commission led by Margrethe Vestager, its executive vice-president, who is […]

todayFebruary 15, 2022 42

Business

PDP Thrown In Dilemma Ahead 2023

Former Aviation Minister and a chieftain of the Peoples Democratic Party (PDP), Osita Chidoka, says the main opposition party is in a dilemma over the zoning of presidency to any region. Chidoka, who spoke during a television interview, said he would personally want the PDP to field a southerner from the eastern part of the country as its candidate. He however explained that his party is faced with two tough […]

todayFebruary 9, 2022 27

Business

Federal Government Agains Borrrows $200Million For Power Transmission

The Federal government has disclosed plans to secure a $200million loan from the Japan International Cooperation Agency (JICA), to provide about 203KM high voltage transmission lines and six high voltage substations in selected communities in Ogun and Lagos States. Abubakar Aliyu, Minister of Power, while receiving the JICA delegation in his office, said that the deal was aimed at promoting best practices particularly to infrastructural development in the electricity supply […]

todayFebruary 9, 2022 42

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