The new terminal at the Nnamdi Azikiwe International Airport, Abuja, is now being used, with Asky Airlines leading the way. Asky Airlines’ B737-700 aircraft with flight number ET-AVP, which landed at the airport at 3:30 p.m from Lome in Togo, had 91 persons on board comprising 85 passengers and six crew members. Commenting on the […]
By Foster Obi More Nigerian Traders and potential business owners have expressed happiness on the extension of the 50percent slash registration fee till March 31 2019 by the Corporate Affairs Commission CAC). A cross section of traders and business men that spoke to economywatchng.com said the extension was in their interests. “Some us could not […]
Nigeria recorded an increase of 75.7 per cent in the value of investments into various projects in different sectors of the economy by the third quarter of 2018, according to the Nigerian Investment Promotion Commission (NIPC).The NIPC, is the federal agency charged with the responsibility of encouraging, promoting and coordinating investment in the country. The […]
Policemen, who were promoted in May last year, have complained about their unpaid promotion allowances. Our correspondent learnt that the affected policemen made representations to the police leadership about the issue without getting any positive response. It was learnt on Saturday that many of the affected officers, who are Assistant Superintendents of Police and Deputy […]
Ahead of the 2019 general elections, the presidential candidate of the Social Democratic Party (SDP), Jerry Gana, on Saturday expressed concern over the 1,400 illegal entry points in the country. Mr Gana who secured the candidacy of his party through a court order, pushing out Donald Duke, said the development could threaten the peaceful conduct […]
The Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to Babatunde Fashola, the minister of power, works and housing, urging him to use his good offices and leadership position to “urgently provide information on specific names and details of contractors and companies that allegedly collected money for electricity projects but […]
Oil and gas firms operating in the country flared a total of 215.9 billion standard cubic feet of natural gas in the first nine months of last year, amounting to a potential loss of N197bn. Data obtained by our correspondent from the Nigerian National Petroleum Corporation showed that 31.68 billion scf of gas was flared […]
The President of the Manufacturers Association of Nigeria (MAN), Ahmed Mansur has lamented that the Nigerian economy is in a very fragile state, advising that Nigerians should not expect much in the first quarter (Q1). Mansur, who spoke to The Nation over the weekend, noted that economic activities would start picking up in the second […]
The New Year opened on a pleasant note for the Central Bank of Nigeria (CBN) as the nation’s foreign reserves stood at $43,075,740,908 on Friday, making it the highest opening balance in the last six years. Records from the apex bank shows that the last time Nigeria’s reserves opened above $42 billion was in 2013, […]
The year 2018 may have ended on a bleak note for all six General Managers of Addax Petroleum Development Nigeria Limited, as they “voluntarily” disengaged their services from the firm. Although their disengagement is yet to be announced officially by management, a source close to the company in Abuja said that the top officials were […]