Air Peace Sacks Pilots, Slashes Salaries Up To 40%

Air Peace, has sacked scores of pilots across its fleet and have slashed staff salaries by up to 40 per cent. This was confirmed on Monday by the airline’s spokesman, …

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Diri Hails Bayelsa Assembly For Quick Passage Of Revised 2020 Budget Bill

Bayelsa State Governor, Senator. Douye Diri, has given kudos to the state assembly for the expeditious passage of the revised 2020 appropriation bill. The initial budget bill of N242.1billion, which …

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FCTA lift ban on market operational days

The Federal Capital Territory Administration (FCTA) has lifted the ban placed on market operations from three to seven days a week, effective from July 30, 2020. The FCT Minister, Malam …

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Fed Govt earns N651.7b from VAT in six months

The National Bureau of Statistics (NBS) on Monday said the Federal Government raked in N651.77billion Value Added Tax (VAT) in the first six months of this year. In a report …

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We Won’t Cut Bayelsa Workers Pay, Gov. Diri Assures

..As State Revises 2020 Budget To N183bn From N242bnBayelsa State Governor, Senator Douye Diri, on Monday, allayed fears of an impending salary cut for civil servants in the state due …

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MPC retains lending rate at 12.5%

CBN Governor, Godwin Emefiele The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained Monetary Policy Rate (MPR) at 12.5 per cent and held all other …

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NNPC Records 19 Per Cent Gas to Power Supply Increase in April

The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average daily natural gas supply to power plants which translates to 788millon …

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Buhari to sign revised 2020 budget Friday

To present 2021 budget in September As Finance Minister consults NASS leadership on 2021-2023 MTEF/FSP President Muhammadu Buhari would on Friday sign the revised 2020 Appropriation Bill into law, The …

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UBA Group announces appointment of Deputy Managing Directors for Nigeria and Africa

•UBA Group Chairman Tony O. Elumelu United Bank for Africa Plc (UBA), the leading pan-African financial services group, on Tuesday announced the appointment of Ayoku Liadi and Oliver Alawuba as …

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Abuja filling stations sell PMS at N143 new price

Filling stations across the Federal Capital Territory (FCT) Abuja have started to sell petrol at N143 per litre, as announced by the Federal Government, with effect from July 1. A …

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