AMCON Bars Arik Air Founder From Entering Airline’s Premises
A little drama unfolded at the Murtala Muhammed International Airport in Lagos on Tuesday, when the management of Arik Air prevented the chairman/founder of the airline, Chief Johnson Arumemi-Ikhide, from accessing its premises.
Arumemi and his aides...
Despite N6trn Subsidy Payment, Fuel Price Rise By 81%
The price of Premium Motor Spirit popularly called petrol has risen by 81 per cent in the past three years, according to the National Bureau of Statistics (NBS) reports analysed by our correspondent.
This came as findings...
Why Amaechi Removed Me - Former NPA Boss
A former Managing Director of the Nigerian Ports Authority, Hadiza Bala Usman, has released a new book detailing events and controversies during her tenure in office.
In the new book titled “Stepping on Toes: My Odyssey at the...
FIRS, Customs Generates N12.7trn Revenue in 2022
Revenue collection by two key agencies of the Federal Government (FG), the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS), rose to N12.7 trillion in 2022 representing a 46.8 percent increase from N8.7 trillion collected...
NBS: 5G Improved Telecoms Foreign Investment by 325% – Report
The capital importation data from the National Bureau of Statistics showed that 5G rollout increase and 4G expansion improved foreign investments into the telecommunications sector by 325.12 per cent in 2022.
The report stated that telecoms...
Pension Funds: PFAs Reduce Banks Investment to N1.6tn
The Pension Funds Administrators reduced the funds under the Contributory Pension Scheme that were invested in fixed deposits and bank acceptance to N1.6tn in February.
According to the National Pension Commission, this was as the total funds under...
