'UK Risks £27bn Loss Over Delayed International Travels'       The World Travel & Tourism Council has warned that nearly £27bn will be lost from the United Kingdom economy if the government delays restarting international travel until May 17. The date was set by Prime Minister Boris Johnson...

Cargo Airlines Cut Flights On Low Market Demand       Cargo airlines have cut down their flight frequencies into Nigeria because of low market demand, President, Foreign Airlines Representatives in Nigeria (AFARN), Kingsley Nwokoma said at the weekend. In an interview, Nwokoma said cargo flights were yet to...

Households Get N44.62bn COVID-19 Intervention Funds       Households got N44.62bn intervention funds to alleviate hardships from COVID-19 as of the end of November according to figures obtained from the Central Bank of Nigeria. The CBN disclosed that the figure rose from N35.43bn as of July, according to...

COVID-19: IMF Rules Out Nigeria’s Full Economic Recovery Before 2022       Nigeria’s recovery from the impact of the COVID-19 is expected to be weak and gradual under current policies, the International Monetary Fund said on Monday. The IMF also stated that the country’s real Gross Domestic Product...

Emirates Airlines Cancel Outbound Flights Out Of Abuja, Lagos         Less than 24 hours after the Federal Government lifted the ban on suspension of Emirates Airlines flight operation in Nigeria, the United Arab Emirates carrier canceled outbound flights out of Lagos and Abuja on Saturday February...

CBN Boosts Economy With N8.8trn To Battle COVID-19         The Central Bank of Nigeria (CBN) has injected more than than N8.8 trillion into the economy since the advent of COVID-19 in March last year. Its Governor Godwin Emefiele who dropped the hint in Abuja at the end...