Fakoyejo Olalekan

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Petrol Pump Price May Hit N650 – Marketers

The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (lPMAN), Mike Osatuyi, said petrol pump price may rise astronomically as Nigerians could buy fuel at N650 to N700 per litre. Osatuyi said the current price of N170 can more

November 14, 2022

Business

Domestic Airlines File N2 billion Lawsuit Against Nigeria Air, Ethiopian Airlines

Nigeria Air and the Minister of Aviation, Hadi Sirika, have been dragged to the Federal High Court in Lagos for selecting Ethiopian Airlines as major investor and partner in the National Carrier. Other defendants mentioned in the suit are Ethiopian Airlines and

November 14, 2022

Air Peace Chairman Hails Ibom Air On Acquiring Airbus Aircraft

Business

Allen Onyema: Air Peace Operating Beyond Profit

In 2014, Air Peace took to the airspace in Nigeria. This move was 10 years after Arik Air launch, six years after Dana Air, and four years after Azman Air was floated. However, eight years after launch, the Allen Onyema-owned airline has

November 14, 2022

Business

Gov. Soludo Mocks Peter Obi Over Investment Of Anambra Funds

The investment made by Labour party presidential candidate, Peter Obi, when he was the governor of Anambra State is now worth next to nothing, the incumbent governor, Chukwuma Soludo, has disclosed. Obi had disclosed in 2018 that he invested $20 million Anambra

November 11, 2022

Business

Farmers Lament Over CBN’s Anchor Borrowers Programme, Warn Of Food Crisis

Farmers have opposed the decision of the Central Bank of Nigeria (CBN) to halt the Anchor Borrowers Programme, demanding for the intervention of President Muhammadu Buhari. The Central Bank of Nigeria had stopped the Anchor Borrowers Programme, which offers farmers affordable credit,

November 11, 2022

News

Judge Withdraws Arrest, Imprisonment Order On EFCC Boss, Bawa, Gives Reason

Justice Chizobi Orji of the Federal High Court in Abuja has set aside her order to imprison the Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa. Prime Business Africa had reported that Justice Orji directed the Inspector-General of Police to

November 11, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

The naira appreciated by 0.09 per cent against the dollar on Wednesday in the official foreign exchange market backed by the Central Bank of Nigeria (CBN). Data obtained from the FMDQ Exchange disclosed that the exchange rate between the naira and dollar

November 10, 2022

Business

AMCON Recovers N307 billion From Gov’t Debtors, To Blacklist Firms

Asset Management Corporation of Nigeria (AMCON) recovered N307 billion from debtors between 2020 and 2021, increasing its recovery rate by 10 per cent growth across various asset classes. According to the inter-agency committee set up on the recovery of debts owed to

November 10, 2022

Business·Oil & Gas

NNPC Boss, Kyari, Calls For Increase In Fuel Price, Says N170 Per Litre Unrealistic

The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has called for increase in fuel price, stating the N170 per litre is no longer realistic. During the Legislative Transparency and Accountability Summit organised by House of Representatives

November 10, 2022

Business·Entertainment

50 Cent To Monetise Hushpuppi’s Fraudulent Lifestyle With New Series

United States rapper and movie producer, Curtis James Jackson III, popularly known as 50 Cent, has disclosed he plans to monetise the life of Nigerian internet fraudster, Abbas Ramoni, alias, Hushpuppi. 50 Cent announced on Instagram on Wednesday that the Hushpuppi series

November 10, 2022

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Fakoyejo Olalekan

Petrol Pump Price May Hit N650 – Marketers

Domestic Airlines File N2 billion Lawsuit Against Nigeria Air, Ethiopian Airlines

Allen Onyema: Air Peace Operating Beyond Profit

Gov. Soludo Mocks Peter Obi Over Investment Of Anambra Funds

Farmers Lament Over CBN’s Anchor Borrowers Programme, Warn Of Food Crisis

Judge Withdraws Arrest, Imprisonment Order On EFCC Boss, Bawa, Gives Reason

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

AMCON Recovers N307 billion From Gov’t Debtors, To Blacklist Firms

NNPC Boss, Kyari, Calls For Increase In Fuel Price, Says N170 Per Litre Unrealistic

50 Cent To Monetise Hushpuppi’s Fraudulent Lifestyle With New Series

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