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South African Airways on Saturday started mediated talks with unions, one day after its workers launched an open-ended strike that forced the embattled airline to ground hundreds of flights.

South African Airways to resume more flights amid strike

South African Airways on Wednesday announced its intention to resume more flights as a disruptive strike entered the fifth day.

Air Peace to begin Kano-Owerri direct flights November 26

Air Peace will commence Kano-Owerri-Kano direct flights effective from November 26, 2019. The airline’s Corporate Communications Executive, Stanley Olisa, disclosed this in a statement saying that the flight days are Tuesdays, Thursdays and Saturdays.

Begging, hawking activities worry DPR at filling stations

The Department of Petroleum Resources (DPR), has cautioned owners of filling stations against the increase in hawking and begging activities at the filling stations in Zamfara.

Border closure: Inflation will be moderate in three months – central bank chief

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the rise in inflation is temporary and will go down aggressively in another three to four months.
Nigerian Stock Exchange NSE

NSE wins awards for promoting CSR reporting, delivering efficient in-house legal support

The Nigerian Stock Exchange says it has received the “Best Corporate Social Responsibility Initiative (Promoting Sustainability & Reporting)” and the “Capital Market In-House Team of the Year” awards at 2019 Marketing World Awards and ESQ Nigerian Legal Awards respectively.

IPMAN seizes adulterated petroleum products in Akwa Ibom

Independent Petroleum Marketers Association of Nigeria (IPMAN), in Akwa Ibom State, has impounded petroleum products suspected to be adulterated and handed them to the Nigerian Security and Civil Defence Corps (NSCDC).
National Bureau of Statistics NBS

NBS: Nigerians paid more for kerosene in October

The National Bureau of Statistics said the average price paid by consumers for kerosene increased in October while the cost of petrol, cooking gas and diesel decreased.
President of the Senate, Ahmad Ibrahim Lawan (left) with the Senate Minority Whip, Senator Philip Tanimu Aduda, during the plenary on Tuesday, November 19, 2019. 5

Senate rejects temporary ban on generator importation

The Senate on Tuesday rejected a suggestion from Senator Francis Fadahunsi for a five-year temporary ban on the importation of generators in order to hasten the solution to the energy crisis in Nigeria. =
Mosun Belo-Olusoga

Access Bank appoints new chairman

Access Bank PLC on Monday announced the appointment of its new chairman as its incumbent chairman, Mosun Belo-Olusuga, prepares to retire in January 8, 2020.

PPPRA: Open market price of petrol hits N163.68

The Petroleum Products Pricing Regulatory Agency (PPPRA) said that the current open price market of the Premium Motor Spirit (PMS) also known as Petrol as at Nov. 15 was N163.68.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA: Subsidy on petrol now N18.68 per litre

The current open market price for Premium Motor Spirit, popularly known as petrol is N163.68 per litre, the Petroleum Products Pricing Regulatory Agency stated on Monday.
OPay, a provider of payment, a ride-hailing company, food delivery and loan services firm, has been granted approval by the Central Bank of Nigeria (CBN) to commence international money transfer services in Nigeria.

OPay gets central bank’s approval for international money transfer services

OPay, a provider of payment, a ride-hailing company, food delivery and loan services firm, has been granted approval by the Central Bank of Nigeria (CBN) to commence international money transfer services in Nigeria.

Air Peace signs $212.6 million Embraer pact

The deal, according the airline’s spokesman, Kingsley Olisa, is a confirmation purchase rights from the original agreement signed with the Brazilian aircraft manufacturer earlier in April.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

OPEC’s share of Indian oil imports in October hits lowest since 2011

OPEC’s share of India’s oil imports fell to 73% in October, its lowest monthly share since at least 2011, tanker data from sources showed, as refiners shipped in fuel from the United States and other suppliers.
Retired Col. Hameed Ali, Comptroller-General of Nigeria Customs Service (NCS), on Thursday said the closure of Nigeria’s borders by Federal Government was undertaken to strengthen the nation’s security and protect its economic interests.

Customs proposes 5% levy slash on imported vehicles

Cost of used and new imported vehicles is set to drop if the Ministry of Finance approves the proposal of the Nigeria Customs Service (NCS) which recommended a reduction of the levy from 35% to 5 or 10%.
The partial closure of Nigeria’s land border with neighbours will continue beyond January 2020 and will only be terminated until the set objectives are achieved.

Border closure: Federal government urged to replicate action on sea borders

The Chief Executive Officer (CEO) of Kam Industries, Kamorudeen Yusuf, has urged the Federal Government to replicate the closure of Nigeria’s land borders by securing the country’s sea borders.

UK lawmaker blames HSBC, others over corruption in South Africa under Jacob Zuma

British lawmaker Peter Hain said corruption under South Africa’s former president Jacob Zuma was enabled by international banks, companies, and governments which should now seek to recover the loot they helped to launder.
Japan’s SoftBank plans to merge internet unit Yahoo Japan with messaging app operator Line to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten.

SoftBank proposes $30 billion merger between Yahoo Japan and Line

Japan’s SoftBank plans to merge internet unit Yahoo Japan with messaging app operator Line to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten.

Recent Stories

Nigeria Football Federation’s referee adviser and CAF referees committee member Linus Mba has stated that the high level of requirement expected from league officials handling Premier league matches has been the reason behind the improvement witnessed in the officiating of league matches this season.

Linus Mba: Improved officiating in the NPFL down to requirement from referees

Nigeria Football Federation’s referee adviser and CAF referees committee member Linus Mba has stated that the high level of requirement expected from league officials handling Premier league matches has been the reason behind the improvement witnessed in the officiating of league matches this season.
The Speaker of the House of Representatives, Femi Gbajabiamila, has approved the appointment of Olarewaju Lasisi as his senior special adviser on media and public affairs. 2

House of Reps call for abolishment of ‘acceptance fee’ into tertiary institutions

The House of Representatives on Wednesday called for the abolishment of ‘acceptance fees’ paid by students offered admission into various institutions in Nigeria.
Jose Mourinho's first training session with Tottenham Hotspur went down well as he aims to return the Whitelily yo winning ways after taken over Mauricio Pochettino.

New Tottenham coach Jose Mourinho vows to develop youngsters

New Tottenham manager Jose Mourinho appears to have taken a swipe at the academies of his former clubs, which include Chelsea and Manchester United – whilst praising the youth set-up at Spurs.
Super Eagles’ head coach Gernot Rohr has said winning the 2021 Africa Cup of Nations (AFCON) for Nigeria would make him the most excited person.

Super Eagles potentials excites Gernot Rohr

Coach of Nigeria’s senior national team Gernot Rohr has stated that the Super Eagles is in the right direction and pleased with the way things are beginning to look for the team and members of the team as national team players settle into their club after a productive international window.
Head Coach of Akwa United John Obuh has said that his team “won’t be complacent when they square up against Abia Warriors in their first home match of the new NPFL season.”

John Obuh: Akwa United don’t need to press the panic button

“I don’t want to press any panic button yet. I just want to believe that all we want to do now is get back to our winning ways. Once we get our winning ways probably by the next game, I don’t think that we will lose any game for about 5 to 8 games.”