35 m. ago Nigeria squandered $25bn on subsidies in 2022 – Interior Minister

From Isaac Anumihe, Abuja The Federal Government has disclosed that in 2022, a year before President Bola Tinubu took over power, Nigeria spent $25 billion in subsidies. While the country spent about $10 billion on foreign subsidies, it also spent about $15 billion on forex subsidies. But,  the country was spending less than $10 billion […] The post Nigeria squandered $25bn on subsidies in 2022 – Interior Minister appeared first on The Sun Nigeria.

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6 h. ago Africa could generate $133bn if $80bn trade finance gap closed – GHIB

Dean Adansi, Chief Executive Officer of Ghana International Bank (GHIB), has unveiled a financing blueprint aimed at breaking Africa’s heavy read more Africa could generate $133bn if $80bn trade finance gap closed – GHIB

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9 h. ago Wema, UPDC, C&I Leasing, Lasaco cause market’s highest daily dip in a month

Nigeria’s equities market recorded a decline by 0.34 percent on Thursday as investors sold stocks like Wema Bank, UPDC, C&I read more Wema, UPDC, C&I Leasing, Lasaco cause market’s highest daily dip in a month

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10 h. ago Liverpool Splash Out To Secure Status As Premier League’s Top Dogs

After years of battling against the financial power of Abu Dhabi-backed City, Liverpool are now flexing their muscles thanks to years of commercial growth and prudent ownership. The post Liverpool Splash Out To Secure Status As Premier League’s Top Dogs appeared first on Channels Television.

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11 h. ago Oyetola receives World Bank, reaffirms Nigeria’s resolve to harness maritime potential

From Idu Jude, Abuja The Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, has reiterated the Federal Government’s resolve to harness the vast potential of its marine and blue economy, describing the sector as a catalyst for sustainable national economic growth. Speaking when he received a visiting World Bank delegation led by Mrs […] The post Oyetola receives World Bank, reaffirms Nigeria’s resolve to harness maritime potential appeared first on The Sun Nigeria.

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12 h. ago Eyewitness Narrates What Transpired Between Ibom Air Passenger Comfort Emmanson, Cabin Crew

David Ogede, a lawyer and passenger on the Ibom Air Uyo-Lagos flight involving Ms. Comfort Emmanson, has given a detailed eyewitness account of the events that led to the violent conduct of Emmanson and her forceful ejection by the flight crew and other aviation workers. Speaking on Channels TV’s breakfast show – Morning Brief – […]

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12 h. ago Ibom Air Saga: Airline Operators Remove Comfort Emmanson From No

Airline Operators of Nigeria (AON) has formally lifted the no-flight ban initially imposed on Ibom Airline passenger, Ms. Comfort Emmanson, over unruly and violent conduct on the aircraft the the weekend. The operators, in a statement by their Public Relations Officer, Prof. Obiora Okonkwo, said the lifting of the ban was necessitated by the intervention […]

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12 h. ago Ibom Air Hostess Threatened To Deal With Comfort Emmanson During Flight — Eyewitness

The eyewitness said he sat directly beside Comfort Emmanson on the Uyo-Lagos flight and saw “everything that transpired” on the aircraft. The post Ibom Air Hostess Threatened To Deal With Comfort Emmanson During Flight — Eyewitness appeared first on Channels Television.

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14 h. ago FEC Approves Four Power Sector Proposals On Reforms, National Grid

The proposals were aimed at modernising ageing transmission infrastructure, improving supply reliability, and meeting rising electricity demand nationwide. The post FEC Approves Four Power Sector Proposals On Reforms, National Grid appeared first on Channels Television.

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14 h. ago Airline operators lift life ban placed on Emmanson, alleged unruly Ibom Air passenger

Consequent upon the intervention of Festus Keyamo, the Minister of Aviation and Aerospace Development and appeal to lift the life-time read more Airline operators lift life ban placed on Emmanson, alleged unruly Ibom Air passenger

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15 h. ago Ethiopian Airlines, African Development Bank to finance Africa’s largest aviation project

Ethiopian Airlines Group (EAG) and the African Development Bank (AfDB) have signed a landmark mandate letter appointing the Bank as read more Ethiopian Airlines, African Development Bank to finance Africa’s largest aviation project

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16 h. ago $250bn African Pensions Fund To Address Gap In Oil & Gas Sector

The critical funding challenges facing oil and gas companies in Africa can be partially offset if the continent’s $250 billion pension fund assets are deployed to finance essential oil and gas projects. African leaders have also been urged to recapitalise the region’s over 1,000 financial institutions and national development banks to ensure their funds are […]

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17 h. ago CBN approves new board members for Infinity Microfinance Bank

The Central Bank of Nigeria (CBN) has approved the appointment of Clara Oloniniyi as chairman and Aweh Duke Ebikeme as read more CBN approves new board members for Infinity Microfinance Bank

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17 h. ago NCAA to meet with Ibom Air, witnesses over flight disruption incident

The Nigerian Civil Aviation Authority (NCAA) says it will meet with Ibom Air and eyewitnesses to review the circumstances surrounding read more NCAA to meet with Ibom Air, witnesses over flight disruption incident

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18 h. ago Freed Passenger Comfort Emmanson Yet To Decide On Suing Ibom Air – Lawyer

Adefunke Maria condemned the treatment of her client by the airline's flight attendant who blocked her from disembarking upon arrival in Lagos from Akwa Ibom. The post Freed Passenger Comfort Emmanson Yet To Decide On Suing Ibom Air – Lawyer appeared first on Channels Television.

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18 h. ago NISO Intervenes In Enugu Tariff Dispute As 50% Power Cut Persists

The Nigerian Independent System Operator (NISO) on Wednesday stepped into the escalating dispute between the Enugu State Electricity Regulatory Commission (EERC) and the Enugu Electricity Distribution Company (EEDC) over the sharp reduction in electricity tariffs in Enugu State. This intervention follows EEDC’s reported reduction of the state’s power supply by up to 50 per cent […]

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21 h. ago Flight paths or fault lines: Workplace discipline vs. instant judgement

“When the roots are deep, there is no reason to fear the wind.” — African proverb The video is brief read more Flight paths or fault lines: Workplace discipline vs. instant judgement

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25 h. ago Salis gets official recognition by Wikipedia as first Nigerian in space

By Zika Bobby The Fédération Aéronautique Internationale (FAI) has officially recognised United States-based astronaut Chief Owolabi Salis’s achievement, and Wikipedia has listed him as the first Nigerian to travel to outer space. According to the FAI, space flight is defined as any flight over 100 kilometers (62 miles) above sea level, and those who reach […] The post Salis gets official recognition by Wikipedia as first Nigerian in space appeared first on The Sun Nigeria.

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25 h. ago FEC okays N13bn, $34m for transmission project, transformer upgrade, N142bn for bus terminals in 6 geo

From Juliana Taiwo-Obalonye, Abuja The Federal Government yesterday gave the green light for a ₦13 billion allocation dedicated to right-of-way compensation for the Lagos Industrial Transmission Project. In addition, it has approved $34 million towards the purchase and installation of high-capacity transformers to strengthen the country’s ageing national electricity grid infrastructure. Minister of Power, Adebayo […] The post FEC okays N13bn, $34m for transmission project, transformer upgrade, N142bn for bus terminals in 6 geo-political zones appeared first on The Sun Nigeria.

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27 h. ago “Always Wear Bra, Pants, Be Battle Ready” — Biodun Stephen Reacts To Viral Ibom Air Altercation

Nollywood filmmaker Biodun Stephen has urged young women to always wear underwear when in public spaces. Her guidance follows a recent viral incident involving a female passenger on an Ibom Air flight from Uyo to Lagos. On August 10, videos went viral online showing passenger Comfort Emmanson engaged in a heated confrontation with flight attendants, […] The post “Always Wear Bra, Pants, Be Battle Ready” — Biodun Stephen Reacts To Viral Ibom Air Altercation appeared first on Information Nigeria.

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