Economic Confidential

Air Peace fleet Stands at 27

Air Peace fleet Stands at 27 A domestic carrier, Air Peace, has expanded its fleet with the delivery of a new ERJ-145 aircraft. The Senior Communications Executive of the airline, Mr Stanley Olisa, said on Thursday that the 50-seater jet had...

Senate Won’t Allow Diversion of $22.79bn loan for FG, States- Lawan

Senate Won’t Allow Diversion of $22.79bn loan for FG, States- Lawan President of the Senate, Ahmad Lawan, has assured Nigerians that the National Assembly will take full responsibility for the application of President Muhammadu Buhari’s $22.79 billion loan request to...

FIRS Moves to block PAYE tax leaks in MDAs

FIRS Moves to block PAYE tax leaks in MDAs The Federal Inland Revenue Service (FIRS) is working closely with Ministries, Departments and Agencies (MDAs) to increase the rate of compliance with the remittance of Pay-As-You-Earn (PAYE) tax and block loopholes...

Telcos Target $1trn Investment on 5G Networks

Telcos Target $1trn Investment on 5G Networks Mobile telecommunications operators are expected to make significant investments of over $1.1 trillion in capital expenditure (capex) between 2020 and 2025, 80 per cent of which will be on fifth generation (5G)...

Dangote donates N200m to fight Coronavirus

Dangote donates N200m to fight Coronavirus The Aliko Dangote Foundation (ADF) yesterday pledged to support the current effort by Nigerian government against CoronaVirus or Covid-19 with a whooping N200million. The ADF’s intervention is considered the largest single donation by a corporate...

Jaiz Bank Donates 600 Bags of Rice, Clothing materials to Borno IDPs

Jaiz Bank Donates 600 Bags of Rice, Clothing materials to Borno IDPs About 600 bags of rice and 350 clothing materials have been donated by the management of Jaiz Bank Plc led by the Managing Director/CEO Hassan Usman who visited...
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