The National Bureau of Statistics(NBS) says women have continued to record low participation in all tiers and levels of governance. This is mentioned in the NBS Statistical Report on Women and Men in Nigeria 2021 released in Abuja on Tuesday. The report added that inspite of all efforts to support the contribution of women in Read More…
The National Bureau of Statistics (NBS) reports that in Q3 2022, the Nigerian Railway Corporation earned N715.09 million from fares. This information was made public on Tuesday in Abuja as part of the NBS Rail Transportation Data for Q3 and Q4 2022. According to the data, the sum was down 60.52 percent from the N1.81 Read More…
A joint venture between Vitol and Nigeria’s sovereign wealth fund has been established to engage in a variety of carbon avoidance and removal initiatives, the fund announced on Wednesday. An initial $50 million had been pledged, according to the Nigerian Sovereign Investment Authority (NSIA), and both companies were in the process of making a final Read More…
Nigeria exported a total of 214 products in 2022, according to the Nigerian Export Promotion Council (NEPC). This was stated at the Commerce and Industry Correspondents Association of Nigeria (CICAN) conference on Wednesday in Abuja by the Executive Director of NEPC/CEO, Dr. Ezra Yakusak. The role of the non-oil sector towards economic diversification and GDP Read More…
An information and communication technology (ICT) specialist advised government officials at all levels and company owners on Tuesday to embrace capacity building to boost their companies’ growth and image. Mr Sam Adesoga, the Principal Coach of Valuehut Ltd., delivered the guidance in an interview in Lagos. Adesoga stated that organisations must build and reinforce the Read More…
After failing to find the long-term finance required to help it recover from a rocket failure in January, Virgin Orbit Holdings, the satellite launch firm owned by Richard Branson, filed for Chapter 11 bankruptcy on Tuesday. After announcing the layoffs of around 85% of its 750 workers last week, the Long Beach, California-based firm filed Read More…
Global airlines warned on Monday that concerns over blocked airline funds in Africa, especially in Nigeria, and abroad might lead to service disruptions if efforts to unfreeze money owed did not progress. The International Air Transport Association (IATA) said in a briefing on the launch of an effort to enhance African aviation that some $1.6 Read More…
Recently purchased N12 billion fire fighting trucks would be sent to the Murtala Muhammed Airport in Lagos, Nnamdi Azikiwe International Airport in Abuja, and Malam Aminu Kano International Airport in Kano by the Federal Government. Sen. Hadi Sirika, Minister of Aviation, announced this as he handed the eight firefighting trucks to the Federal Airport Authority Read More…
A NAN FEATURE Market leaders in Lagos State have cautioned traders’ associations not to impose uniform prices on their goods or engage in other unfair practices. On Monday, several market leaders issued the warning in separate interviews with the News Agency of Nigeria (NAN) in Lagos. They were reacting to concerns that traders’ associations unfairly Read More…
Emirates Airline reported on Friday that it had “substantial” sums of ticket sales money stranded in Nigeria and has made little headway remitting the monies out of the continent’s largest economy. Hadi Sirika, Nigeria’s minister of aviation, had earlier told reporters that the Dubai-based airline had gotten the majority of its funding outside of Nigeria Read More…
