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In Q1/2023, NNPC Retail Made N18.4 Billion – Mele Kyari

In Q1/2023, NNPC Retail Made N18.4 Billion – Mele Kyari The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that NNPC Retail made N18.4 billion in the first quarter of 2023, after acquiring OVH Energy in 2022. Kyari said...

Air Peace Enhances Fleet With Five New Embraer E175s Worth $288.3m

Air Peace Enhances Fleet With Five New Embraer E175s Worth $288.3m Air Peace, Nigeria’s largest airline, has placed a firm order for five Embraer E175 aircraft worth $288.3 million. This strategic decision marks a significant step forward and is in alignment with Air Peace’s ongoing strategy...

FG to Disburse N431bn to Road Contractors

FG to Disburse N431bn to Road Contractors The Federal Government has announced plan to disburse N431 billion to road contractors across the country. The Minister of Works, David Umahi, disclosed this as he interacted with contractors responsible for road dualisation projects and the ministry’s zonal directors...

UAE Visa Ban: FG Assures Airlines of Funds Rehabilitation 

UAE Visa Ban: FG Assures Airlines of Funds Rehabilitation The Federal Government has said it is currently working on the final details related to the United Arab Emirates visa issue. This followed the recent lifting visa ban on Nigerians by the UAE. The Minister of Aviation and...

Nigerians Have no Business Being Poor – Tinubu

Nigerians Have no Business Being Poor - Tinubu President Bola Tinubu on Thursday in Abuja, said that neither Rivers State nor Nigeria has any business being associated with poverty, insecurity or under-development, assuring that under his leadership, the narrative will be permanently and positively changed. Welcoming...

In Three Months, Nigeria’s Debt Goes up by 75%, Hits N87trn

In Three Months, Nigeria’s Debt Goes up by 75%, Hits N87trn The Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023. The figure represents an increase of 75.29 per cent or N37.53tn compared to N49.85tn...