Friday, August 7 , 2020
The Nigerian Electricity Regulatory Commission (NERC’s) plan to allow the electricity distribution and trading licensees to introduce competition transition charge by has elicited public criticisms…Read more.
The Federal Competition and Consumer Protection Commission (FCCPC), in line with its mandate, has commenced a probe of excessive and unconscionable pricing of potentially vital medication…Read more.
Saudi Arabian investor, Abdulmohsen Al-Thunnayan, has filed a suit at the Federal High Court Lagos, challenging the move by Med-View Airline Plc to sell-off some assets of the distressed carrier…Read more.
The House of Representatives has summoned a former Minister of Finance, Mrs Kemi Adeosun; the incumbent Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed; and the Minister of Humanitarian Affairs, Disaster Management and Social Development…Read more.
The Federal Government on Thursday said the airports would be reopened to international flights in weeks and not in months. When international flights eventually resume, passengers are expected to arrive the airport three hours before their flights…Read more.
As more marketers raised the pump price of Premium Motor Spirit (petrol) on Thursday, the Nigeria Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria have voiced their opposition…Read more.
Ada Uche slumped into her chair after speaking with her bankers who had just told her they had no dollars yet for the importer of educational children toys from China. Uche, 45, had been on a long queue for foreign exchange for two months as Africa’s most populous nation grapple…Read more
Passengers on international flights would have to arrive the airport three hours before flights when Nigeria finally opens its airspace for international operations, the Presidential Task Force (PTF) on COVID-19 said on Thursday…Read more.
Filling stations across major cities in Lagos, Abuja and Port Harcourt sold petrol between N148 and N150 per litre on Thursday following the inability of the government agency responsible for fixing fuel prices to announce the pricing template for August…Read more.
Standard Chartered Bank (Nigeria) has launched its Premium Banking segment in Nigeria, designed to cater to the financial needs of the emerging affluent providing a wide variety of services and solutions…Read more.
The International Air Transport Association (IATA) has announced that Muhammad Albakri, IATA’s Regional Vice President for Africa and the Middle East (AME) will be appointed Senior Vice President for Customer, Financial and Digital Services (CFDS), based in Geneva…Read more.
The Nigerian Airspace Management Agency (NAMA) is broke and in desperate need for operational funds. To this end, the agency has cried out for an urgent bailout from the federal government…Read more.
Thousands of South Korean trainee doctors went on strike on Friday, protesting outside parliament against a government plan to boost the number of medical students in the country…Read more.
The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange market fell by six percent, month-on-month, to $937.27 million last month from $992.12 million in June, 2020…Read more.
Oil marketers, under the aegis of Independent Petroleum Marketers Association of Nigeria, IPMAN, and Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, yesterday, bemoaned the confusion fostered on the downstream sector of the Nigerian petroleum…Read more.