Rapheal

Customs seizes undeclared foreign currencies worth

[ad_1] By Steve Agbota The Nigeria Customs Service (NCS), has seized $1,154,900 and SR135,900 (Saudi Riyals), in undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA), Kano, Kano State. Using today’s exchange rate of N1,553/$1 the seizure of $1,154,900 is equivalent of N1,793,000,000, while the Saudi Riyals of 135,900 is worth N54,493,710, using […]

Customs seizes undeclared foreign currencies worth Read More »

Reps seek punitive measures against airlines

[ad_1] From Ndubuisi Orji, Abuja The House of Representatives has charged the Federal Ministry of Aviation to enforce punitive measures against airlines operating in the country over flight delays. The House also urged the ministry to sanitise the industry and ensure  strict adherence to the Nigeria Civil Aviation Authority (NCAA) Act 2022  and Part 19

Reps seek punitive measures against airlines Read More »

Dangote-NNPC price war shakes fuel market

[ad_1] • Marketers struggle as NNPC slashes petrol price to N860/litre   By Adewale Sanyaolu A fierce price battle between Dangote Refinery and the Nigerian National Petroleum Company (NNPC) Limited has thrown the downstream oil market into confusion, leaving fuel marketers with large quantities of petrol grappling with uncertainty. The rivalry escalated yesterday after NNPC

Dangote-NNPC price war shakes fuel market Read More »

Ganduje, Bianca Ojukwu laud recipients of The Sun Award

[ad_1] By Chinelo Obogo and Oluseye Ojo The National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, has said that some of the economic policies implemented by the administration of President Bola Tinubu are gradually yielding positive results. Ganduje made this statement during his address as the Chairman of The Sun Awards 2024 ceremony,

Ganduje, Bianca Ojukwu laud recipients of The Sun Award Read More »

World Bank to approve $2.2bn loan for Nigeria in 2025

[ad_1] From Adanna Nnamani, Abuja Nigeria is poised to receive a N2.2 billion World Bank loan in 2025. The money is allocated to six key development projects aimed at strengthening economic resilience, improving healthcare and education and expanding digital infrastructure. According to the global lender, the funding will support initiatives designed to accelerate inclusive growth

World Bank to approve $2.2bn loan for Nigeria in 2025 Read More »

Rugby School Global assures of September takeoff date

[ad_1] Rugby School is working assidously to meet up with the September timeline for its takeoff in Nigeria. Ian McIntyre, International Development Director of Rugby School Global, made the disclosure during his recent site visit to its state-of-the-art campus at Eko Atlantic City, Lagos. Recall that the institution, one of United Kingdom leading independent schools,

Rugby School Global assures of September takeoff date Read More »

TEF, UAE Foundations seal $6m deal to empower 1,000 African entrepreneurs

[ad_1] The Tony Elumelu Foundation (TEF) yesterday signed a $6million strategic partnership agreement with the UAE Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation (an affiliate of Erth Zayed) to provide business training, mentorship, access to networks, and non-refundable $5,000 seed capital, to an additional 1,000 young African entrepreneurs. The agreement was

TEF, UAE Foundations seal $6m deal to empower 1,000 African entrepreneurs Read More »

Third-party motor insurance: The stakes for everyone

[ad_1] …NAICOM, FRSC strengthen compliance, warn insurers   By Henry Uche [email protected]       As third-party motor insurance enforcement tightens across Nigeria, concerns are mounting over alleged police extortion of defaulters, while regulators intensify efforts to ensure compliance. Industry experts emphasise that motor insurance is not just a legal requirement but a crucial safety net

Third-party motor insurance: The stakes for everyone Read More »

Boniface loses N56bn after failed Al-Nassr move

[ad_1] Bayer Leverkusen striker, Boniface lost N56 billion after failed winter move to Al-Nassr Super Eagles striker Victor Boniface reportedly missed out on a massive €36 million (N56 billion) deal after his proposed move to Saudi Arabian side Al-Nassr collapsed in January.  The Bayer Leverkusen forward was heavily linked with a switch to the Saudi

Boniface loses N56bn after failed Al-Nassr move Read More »

IBEDC workers protest alleged exploitation, demand

[ad_1] Electricity workers in Ibadan on Friday staged a protest against alleged unfair labour practices by the Ibadan Electricity Distribution Company (IBEDC) and its outsourcing agent, Premier International Procurement Logistics. They accused the companies of engaging staff under exploitative conditions, denying them hazard allowances, and withholding rightful payments. The protesters gathered at IBEDC’s office in

IBEDC workers protest alleged exploitation, demand Read More »

Scroll to Top