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£1.5bn earmarked for Nigeria ‘largely untouched’, says UKEF
- October 24, 2021
- Posted by: admin
- Category: Latest News
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The £1.5bn financing set aside for Nigeria by the UK Export Finance, the United Kingdom government’s export credit agency, has remained largely untouched, the UK Government Department for International Trade, Nigeria has said. The Country Director, UK Government Department for International Trade, Nigeria, Chimwemwe Chalemera, disclosed this on Thursday at the 2021 Energy Sustainability Conference
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Buhari appoints Yakusak as new CEO of NEPC
- October 12, 2021
- Posted by: admin
- Category: Economy, Latest News
The President, Muhammadu Buhari has approved the appointment of Dr. Ezra Yakusak as Executive Director/Chief Executive Officer of the Nigeria Export Promotion Council. This was announced by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, on Tuesday via his Facebook page. According to the presidential aide, the appointment is for
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12.5kg cooking gas may sell for N10,000 by Dec, say marketers
- October 10, 2021
- Posted by: admin
- Category: Economy, Energy, Latest News
Marketers of Liquefied Petroleum Gas, well known as cooking gas, on Saturday, reportedly expressed worry over the supply shortage leading to persistent increase in the price of the commodity. They warned that 12.5kg of cooking gas currently selling between N7,500 and N8,000 could rise to N10,000 before December if nothing was done to address the
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Dollar scarcity: Foreign airlines slash ticket sales on Nigeria routesDollar scarcity: Foreign airlines slash ticket sales on Nigeria routes
- October 10, 2021
- Posted by: admin
- Category: Economy, Latest News, Marine & Aviation, Tourism
As the naira crisis continues to worsen, foreign carriers operating in Nigeria have reportedly begun moves to reduce the total number of tickets they sell on Nigerian routes amid worsening dollar scarcity that has made it difficult for them to repatriate billions of naira in ticket sale proceeds to their head offices abroad. The development
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UK extends truck driver visa program as fuel crisis persists
- October 2, 2021
- Posted by: admin
- Category: Latest News
LONDON (AP) — The British government has extended an emergency visa program for truck drivers as fuel shortages showed few signs of abating Saturday, particularly in London and the southeast of England. In an announcement late Friday, the Conservative government said temporary visas for nearly 5,000 foreign truck drivers it hopes to recruit would run
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FG places 3,964 Nigerians on watch list, suspends passports
- September 27, 2021
- Posted by: admin
- Category: Latest News, Tourism
No fewer than 3,964 Nigerians are currently on the watch list of the Nigeria Immigration Service. The names of the affected individuals, it was gathered, have been placed with security agencies at the nation’s international airports where they will be arrested on sight. According to the 2020 NIS annual report suspect index, 308 persons were
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Five banks fined N1.4bn for forex infractions, others
- September 22, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria, Security Exchange Council and Financial Reporting Council of Nigeria, in the first half of the year. The banks are the United Bank of Africa, Fidelity Bank, Access Bank, Guarantee Trust Bank and
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UK employs 353 Nigerian doctors in 100 days
- September 22, 2021
- Posted by: admin
- Category: Economy, Health, Latest News
At least no fewer than 353 Nigerian doctors have been registered to work in the United Kingdom in the last 100 days. Checks on the website of the General Medical Council – the body which licenses and maintains the official register of medical practitioners in the UK – showed that the GMC licensed at least
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U.S. to open air travel to most vaccinated foreigners
- September 22, 2021
- Posted by: admin
- Category: Latest News, Marine & Aviation, Tourism
The U.S. will soon allow entry to most foreign air travelers as long as they’re fully vaccinated against Covid-19 — while adding a testing requirement for unvaccinated Americans and barring entry for foreigners who haven’t gotten shots. The measures announced Monday by the White House mark the most sweeping change to U.S. travel policies in
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Nigerians to pay more for electricity as FG ends N30bn monthly subsidy
- September 21, 2021
- Posted by: admin
- Category: Economy, Energy, Latest News
More difficult times await Nigerians in the months ahead as the Federal Government yesterday announced it is ending the N30 billion monthly electricity subsidy by January 2022. The decision is also to affect all forms of subsidies hitherto extended to operators in the power sector value chain. The Special Adviser to the President on infrastructure, Ahmed