Bristow Helicopters Sacks 100 Pilots Amid COVID-19
The management of Bristow Helicopters Limited has terminated the appointment of about 100 pilots working with the company. The company in a statement issued on Tuesday said the effect of…
Marketers Call For Increase In Petroleum Price
By Olamilekan Alani Following increase in the prices of crude oil, marketers are pushing for the upward review of the Premium Motor Spirit (PMS) petrol N150 per litre for the…
COVID-19: Air Peace Sacks Over 70 Pilots
Air Peace has sacked over 70 pilots across its fleet types amid coronavirus pandemic negative effect. The airline said it had to take the “painful but rightful” decision in the…
Shoprite, Nigeria To Take Ownership
The Africa biggest grocery retailer and the South Africa-owned business, Shoprite has on Monday announced its exit from Nigeria after 15 years of operations. This was disclosed in the company’s…
FG Plans To Borrow N4. 28trn To Finance 2021 Budget
The federal government intends to borrow N4.28 trillion in 2021 to fund its budget deficit. This is according to the 2021-2023 medium-term expenditure framework (MTEF) and fiscal strategy paper (FSP)…
Buhari Seeks 2021-2023 MTEF Approval From House Of Reps.
The President, Major General Muhammadu Buhari (retd.), has written the House of Representatives to seek approval for the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper. The Speaker, Femi…
BURUNDI: IMF Approves $7.6 M Debt Relief To Address COVID-19
The International Monetary Fund (IMF), says $7.6 million debt relief has been approved to aid Burundi’s economic on COVID-19. According to IMF, the relief for three months would be potentially…
CBN Boosts Economy With N3.3tr Credit
THE Central Bank of Nigeria (CBN) on Monday said it has facilitated a credit of N3.3trillion to the productive sectors of the economy. It has also given intervention funds to…
Inflation Rises To 12.56% In June —NBS
The consumer price index which measures inflation increased by 12.56 per cent (year-on-year) in June 2020, the National Bureau of Statistics disclosed this in its June CPI and inflation report…
COVID-19: 42% Of Jobs Lost- World Bank
By Olamilekan Alani World Bank says half of those employed have lost their jobs due to Coronavirus (COVID-19) pandemic, the World Bank has said. The bank put the percentage of…
