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Emirates Airlines Resumes Flight Oct 1

Emirates Airlines Resumes Flight Oct 1 Twenty-three months after suspending operations to Nigeria, Emirates Airlines has indicated its readiness to return direct flight services from its base in Dubai to the country. The airline in a statement said that it would resume flight services from October...

FAAC: FG, States, LGs Share N1.2trn for April

FAAC: FG, States, LGs Share N1.2trn for April A total sum of N1,208.081 billion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the May 2024 meeting of the Federation...

Gas Projects: Tinubu Reassures Investors of Enabling Environment

Gas Projects: Tinubu Reassures Investors of Enabling Environment President Bola Tinubu has reassured investors in the energy sector of his administration's resolve to further enhance the business environment and ensure investment convenience. The President inaugurated three milestone projects, which are the expanded AHL Gas Processing Plant;...

CBN Activates Plan to Double Foreign Remittance

CBN Activates Plan to Double Foreign Remittance The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money Transfer Operators (IMTOs) Approval-in-Principle (AIP). Mrs. Hakama Sidi Ali, the Director of Corporate Communications disclosed this...

Extended Continental Shelf: Nigeria Gains Additional Maritime Territory

President Bola Tinubu has received the report of the High Powered Presidential Committee (HPPC) on Nigeria’s Extended Continental Shelf Project with a commendation to the team of experts who worked hard over the years to advance the project, which aims to extend Nigeria’s maritime boundaries in accordance with the United Nations Convention on the Law of the Sea (UNCLOS), 1982. 

Coalition Backs NSA’s Move for Cyber Security Levy Implementation

Coalition Backs NSA’s Move for Cyber Security Levy Implementation A coalition under the aegis of NIGERIA FIRST PROJECT (NF-PRO) has backed the National Security Adviser’s move to implement cyber security levy on Nigerians. Recall that the CBN on May 6, 2024, issued a circular mandating all...