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Shell debunks rumoured exit from Nigerian market

Posted by 1st news
|Date: August 04, 2022
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Shell debunks rumoured exit from Nigerian market

The Shell Petroleum Company of Nigeria Limited has denied reports that it intends to leave Nigeria. In re ...

The Shell Petroleum Company of Nigeria Limited has denied reports that it intends to leave Nigeria. In response to inquiries from reporters in Owerri, the capital of Imo State; Mr. Igo Weli, the Shell ...

August 04, 2022
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Emirates slashes flights to Nigeria over inability to repatriate $85m as FX crunch bites harder

Posted by Gideon Ayogu
|Date: August 01, 2022
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Emirates slashes flights to Nigeria over inability to repatriate $85m as FX crunch bites harder

The management of Emirates Airlines, national carrier of the United Arab Emirates (UAE) has disclosed tha ...

The management of Emirates Airlines, national carrier of the United Arab Emirates (UAE) has disclosed that it would be reducing its weekly flights to Nigeria over its inability to repatriate the sum o ...

August 01, 2022
| by Gideon Ayogu

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Buhari approves Lekki Deep Seaport for commercial operations

Posted by 1st news
|Date: July 29, 2022
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Buhari approves Lekki Deep Seaport for commercial operations

President Muhammadu Buhari has approved the designation of Lekki Deep Seaport as a Customs Port and Appro ...

President Muhammadu Buhari has approved the designation of Lekki Deep Seaport as a Customs Port and Approved Wharf. This was revealed by the official Twitter handle of the Nigerian Ports Authority (NP ...

July 29, 2022
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Nigerians to pay more as FG set to implement 5% excise duty on telecom services

Posted by Gideon Ayogu
|Date: July 29, 2022
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Nigerians to pay more as FG set to implement 5% excise duty on telecom services

Nigerians will soon start paying 12.5 per cent tax on telecommunications services as the Federal Governme ...

Nigerians will soon start paying 12.5 per cent tax on telecommunications services as the Federal Government plans to implement a five per cent inclusive excise duty on telecommunications services in N ...

July 29, 2022
| by Gideon Ayogu

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Sirika, Aviation Minister, announces commencement of Nigeria Air

Posted by 1st news
|Date: July 28, 2022
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Sirika, Aviation Minister, announces commencement of Nigeria Air

Hadi Sirika, the Minister of Aviation, has revealed that Nigeria Air had been approved by the Federal Exe ...

Hadi Sirika, the Minister of Aviation, has revealed that Nigeria Air had been approved by the Federal Executive Council to lease three aircraft, signaling the start of the airline’s operations. In a b ...

July 28, 2022
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NPA denies running secret offshore accounts

Posted by 1st news
|Date: July 27, 2022
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NPA denies running secret offshore accounts

The Nigerian Ports Authority (NPA) has denied running secret offshore accounts. Also, it clarified that i ...

The Nigerian Ports Authority (NPA) has denied running secret offshore accounts. Also, it clarified that it runs two domestic accounts in USD; with formal safeguards guaranteed by the Federal Governmen ...

July 27, 2022
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Nigeria set to be largest petrochemicals hub in Africa – Dangote

Posted by Chuks Ofurum
|Date: July 25, 2022
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Nigeria set to be largest petrochemicals hub in Africa – Dangote

Mr. Aliko Dangote, President, Dangote Group, says the company’s $2bn petrochemical plant, when fully oper ...

Mr. Aliko Dangote, President, Dangote Group, says the company’s $2bn petrochemical plant, when fully operational, would position Nigeria as one of Africa’s largest petrochemicals hub. He made t ...

July 25, 2022
| by Chuks Ofurum

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Buhari unveils NNPC Ltd., says new entity will deliver value to Nigerians

Posted by Gideon Ayogu
|Date: July 19, 2022
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Buhari unveils NNPC Ltd., says new entity will deliver value to Nigerians

President Muhammadu Buhari has stated that the new Nigerian National Petroleum Company Limited (NNPC Limi ...

President Muhammadu Buhari has stated that the new Nigerian National Petroleum Company Limited (NNPC Limited) will herald great value for all Nigerians. He made this known while speaking at the ...

July 19, 2022
| by Gideon Ayogu

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World Bank reveals inflation might push 15 million Nigerians into poverty in two years

Posted by 1st news
|Date: June 19, 2022
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World Bank reveals inflation might push 15 million Nigerians into poverty in two years

The World Bank has said that inflation shock is projected to push about 15 million more Nigerians into po ...

The World Bank has said that inflation shock is projected to push about 15 million more Nigerians into poverty between 2020 and 2022. The Washington-based bank said this in its latest Nigeria Developm ...

June 19, 2022
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No going back! Airline operators in Nigeria insist on shutting down flights Monday

Posted by Gideon Ayogu
|Date: May 08, 2022
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No going back! Airline operators in Nigeria insist on shutting down flights Monday

Airline operators in Nigeria have insisted on shutting down their domestic flight operations with effect ...

Airline operators in Nigeria have insisted on shutting down their domestic flight operations with effect from Monday, May 9, 2022. The development is in view of the astronomical rise in the cost of av ...

May 08, 2022
| by Gideon Ayogu

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