National carrier: Domestic airlines reject Nigeria, Ethiopia partnership
Domestic airlines under the auspices of the Air Operators of Nigeria have voiced reservations regarding the proposed cooperation between the Federal Government and Ethiopian Airlines to build a…
Anambra govt shuts down casinos, gaming centres
All casinos and gaming establishments in Anambra State must immediately cease operations, following state government directive.Informaion Guide Nigeria The order came after it was allegedly discovered that they…
NNPC restructures, appoints five vice presidents
In order to accommodate the five vice presidents needed to lead the performance of the oil company, the Nigerian National Petroleum Company Limited has been restructured.Informaion Guide Nigeria…
CBN Takes Over Polaris Bank
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria have announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of…
Firm to track helicopter movements in Nigeria
A private business, Naebi Dynamic Services Limited, would monitor the records of helicopter flights into and out of Nigeria and aid the country in increasing the sector‘s Internally…
Nigerians pay N1.23tn tax to 36 states
In 2021, Nigerians in 36 federated states paid N1.23 trillion in taxes, a 19.19 percent increase from the N1.03 trillion paid in 2020.Information Guide Nigeria According to recently…
Buhari to inaugurate Pinnacle’s $1bn terminal at LFTZ
The over $1 billion goods terminal owned by Pinnacle Oil & Gas Limited will be officially opened by President Major General Muhammadu Buhari (retd) on Saturday.Information Guide Nigeria…
Telcos fume as FG orders tariff hike reversal
The federal government has ordered a reversal of the recent 10 percent increase in call and data rates by telecommunications operators.Information Guide Nigeria This judgement necessitates that telecoms…
FG records N5.33tn deficit in eight months
In light of Nigeria‘s constrained fiscal space, the Federal Government incurred a deficit of N5.33 trillion between January and August of 2022, amounting to a deficit of N5.33…
Naira May Be Devalued By 20% In 2023- Bank of America
Nigeria’s local currency unit is set to weaken further next year as its current exchange rate to the dollar is well above fair value, according to Bank of…