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PBA Reporter

Nigeria Accounts For 35% Of Foreign Airlines’ Trapped Funds Globally

FG Reinstates Emirates’ Flight Schedule To Nigeria

The federal government disclosed that it has reinstated Emirates’ winter flight schedule to Nigeria. The schedule consisted of 21 weekly passenger flights to Nigeria, comprising two daily flights to Lagos airport and one daily flight to Abuja airport. This was contained in
December 21, 2021
House of Reps

Reps Raise 2022 Budget By N735bn To N17.13trn

The House of Representatives has passed N17.126 trillion as budget for the 2022 fiscal year. Prime Business Africa gathered that the budget was increased by N735.8 billion. The appropriation bill was passed by the lower legislative chamber on Tuesday after Muktar Betara,
December 21, 2021
‘Nigerian Students Loan Scheme To Begin In Three Weeks’- Gbajabiamila

Reps Speak On Electoral Bill, Next Line Of Action

Femi Gbajabiamila, speaker of the house of representatives, said by 2022, the lower legislative chamber will decide the way forward concerning the electoral act amendment bill. Gbajabiamila made this known at the last plenary session of the year on Tuesday. Recall, the
December 21, 2021
Zainab Ahmed

FAAC Shares N675.946bn To FG, States, LGs

The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 billion November 2021 Federation Account Revenue to the Federal Government, States and Local Government Councils. Prime Business Africa can confirm that the revenue from November was disbursed in December. This
December 20, 2021
The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties. 

Reps Summon Aregbesola, NIS Boss Over Passport Contracts

The House of Representatives’ Committee on Public Accounts has scolded the Nigerian Immigration Service for engaging consultants to manage visa and passport-related matters at Nigerian missions across the world. Consequently, the committee summoned the Minister of Interior, Rauf Aregbesola; the Permanent Secretary,
December 20, 2021

Oil Price Drops To $73 On Omicron Concerns

Emerging reports have claimed that the price of crude oil dropped amid surging cases of Omicron coronavirus variant. The reports read that that Brent Crude futures plunged by 1.61 percent to $73.41 per barrel at 4:09 pm, while U.S. West Texas Intermediate
December 17, 2021
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