Nigerians have expressed excitement as Air Peace on Saturday operated full flight to London. The airline which operated a Boeing 777 for the maiden flight, held a brief ceremony at the Muhammed International Airport (New Terminal) to celebrate the occasion. Some of the dignitaries present at the occasion include Festus Keyamo, the Minister of […]

The International Monetary Fund (IMF) has said that inflation caused by currency depreciation in Sub-Saharan African (SSA) countries is eight times stronger during a depreciation than an appreciation. This suggests that inflationary pressures may not come down as quickly when local currencies strengthen against hard currencies in SSA countries. In […]

Troops have uncovered a staggering 102 dugout wells believed to be used in oil theft activities, in a major crackdown in the Niger Delta area. This revelation came to light during a press briefing held by Edward Buba, Director of Defence Media Operations, in Abuja on Thursday. During the operation, […]

brands, including American jeweler Tiffany & Co in 2021 for $15.8 billion. Arnault’s five children all work at LVMH. Mukesh Ambani Ranked as the 11th richest person globally, Mukesh Ambani’s net worth stands at $117.1 billion. Mukesh Ambani is the chairman and CEO of Reliance Industries, a company with a […]

The Central Bank of Nigeria (CBN) has removed limits placed on trade and payment services transactions on the Pan African Payment and Settlement System (PAPSS). PAPSS is a cross-border, financial market infrastructure enabling payment transactions across Africa. Read also: CBN limits transactions on PAPSS by dealer banks to $200,000 The CBN […]

Some Nigerians who benefited from the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted credit facility (TCF) have failed to pay N261.07bn out of N419.42bn given out. Daily Trust reports that the facility launched in April 2020 was to cushion the effects of the COVID-19 pandemic on households […]

https://www.youtube.com/watch?v=S9-ScOLawvk?si=fIkCO1w7Z05It9Wh Anybody earning N200K monthly in Nigeria is better than someone that is earning £2000 in the UK – Air Peace boss, Allen Onyeoma (video) Allen Onyeoma, the CEO of Air Peace, has said that those who earn two hundred thousand Naira monthly in Nigeria are better off than those […]

Europe has been exporting refined gas to Africa, including Nigeria, for the past decade. In the last decade they’ve earned approximately $200 BILLION exporting gas to Africa. Today, that lucrative trade they’ve enjoyed is being seriously threatened, with massive job losses and company shutdowns envisaged in Europe. Who is responsible […]

PRESS RELEASE The NNPC Limited wishes to clarify rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide. The company asserts that these reports are false and urges Nigerians to disregard them entirely. NNPC Ltd. reaffirms its commitment to sustaining […]

Contrary to the report making the rounds on social media, Bureau De Change operators said there was no truth in reports that the dollar is now selling at N1,000 at parallel market. There have been rending reports on social media that dollar is now selling at N1,000 in Abuja. The […]