President Muhammadu Buhari on Wednesday approved the immediate reopening of four major land borders in Nigeria. The four borders are Seme in the South-west part of the country, Ilela in the North-west part of the country, Maitagari in the North-west part of the country and Mfun in the South-south part of the country. Nigeria’s finance […]
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Emirates has welcomed MSN A6-EVL, its 116th A380 as the first of three A380s to join its fleet in 2020. The newest member of the Emirates fleet was powered by a blend of jet fuel and sustainable aviation fuel (SAF). This is the first time the airline is using sustainable aviation fuel to power an […]
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The federal government has reduced the pump price of petrol by N5. Chris Ngige, the minister of labour, announced the decision while addressing journalists at the end of a meeting with labour union leaders. The price reduction, which will take effect on Monday, December 14, will see petrol retail at N162.44 per litre. “Our discussion […]
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Akinwunmi Adesina, President of the African Development Bank Group, has said Africa will lose up to 30 million jobs by the end of 2020. He said this at the ‘Virtual 2020 International Forum on African Leadership’ in Ivory Coast on Friday. Adesina, who was Nigeria’s Minister of Agriculture, said the lockdown occasioned by the COVID-19 […]
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The Maritime Workers Union of Nigeria (MWUN) is to embark on a three-day warning strike from Dec. 7, to protest the deplorable state of access roads to seaports in Lagos State. In a communique it issued on Saturday in Lagos, MWUN said that the situation was no longer tolerable. The communique was signed by the […]
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Billionaire business mogul, Jimoh Ibrahim, has approached the Federal High Court in Lagos with a Motion on Notice seeking the reversal of an interim court order which authorised the Asset Management Corporation of Nigeria (AMCON) to take over his property over alleged N69.4bn debt. The seizure order was made by Justice Rilwan Aikawa on November […]
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The Central Bank of Nigeria has announced that beneficiaries of diaspora remittances through the international monetary transfer operators (IMTO) can now such inflows in foreign currency (US Dollar) through the designated bank of their choice. The apex bank in a statement signed by O.S. Nnaji, director of trade & exchange of CBN, said recipients of […]
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Pan-African financial institution, United Bank for Africa (UBA) Plc, carted two highly coveted laurels at the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) winning the Bank of the Year and the International Bank of the Year at the glamorous event held over the weekend. The bank beat other strong contenders – Zenith Bank, Guaranty […]
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Emirates customers can now plan their travels and fly with even greater assurance and peace of mind, with the airline’s latest industry-first initiative to provide expanded, multi-risk travel cover on top of its current COVID-19 cover. Provided by Emirates at no additional cost to its customers, and provided by AIG Travel, this cover is the […]
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Transcorp Hilton Abuja has been honoured with four (4) awards including Africa’s Leading Business Hotel for the sixth consecutive year at the 27th annual World Travel Awards. The hotel, which is owned by Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc, also won the awards for Nigeria’s Leading Hotel, Nigeria’s Leading […]
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