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Economy
FEC Approves N3bn For Explosive, Narcotics Scanners At Five Airports
The Federal Executive Council (FEC) on Monday approved the award of a contract for the supply and installation of customized explosive and narcotics detection screening systems at five international airports in Nigeria.
The Minister of…
National Assembly Gets N27.5trn 2024 Budget Wednesday
The National Assembly will get the 2024 Appropriation on Wednesday of this week following the approval of N27.5 trillion expenditure by the Federal Executive Council (FEC) at its meeting on Monday.
The 2024 budget estimates were jacked…
Keyamo Summons Heads Of Aviation Agencies Over Safety Concerns
Minister of Aviation and Aerospace Development, Festus Keyamo, has summoned heads of aviation agencies in the country over recurring safety issues in the industry.
Keyamo will meet the aviation agencies’ bosses on Monday in Abuja,…
Jack Ma Gets Back Into Business With ‘Ma’s Kitchen Food’
Jack Ma sparked speculation about his next endeavors after the billionaire seeded a small company to process and sell farming produce, in his latest venture since retreating from the spotlight at the height of a government-led industry…
Black Friday Shoppers Set Online Spending Record, Adobe Says
Black Friday shoppers spent a record $9.8 billion online in the US, Adobe Analytics reported, offering a positive sign for retailers facing lackluster sales forecasts for the holiday season.
Demand for electronics, smartwatches, TVs and…
Amazon Hit By Strikes, Protests Across Europe During Black Friday Trade
Amazon workers came out on strike at multiple locations across Europe on Friday as protests against the U.S. e-commerce giant's working practices picked up pace on one of the busiest shopping days of the year.
"Make Amazon Pay", a global…
Boeing’s Largest 737 Max Model Authorized For FAA Flights
Boeing Co.’s largest 737 Max variant was given so-called type-inspection authorization by the Federal Aviation Administration that clears the path for the next phase of flight testing for the long-delayed model.
The authorization for the…
Oyo Commercial Motorcycle, Tricycle Riders Get Dec 31 Deadline On Residents’ Registration
The Oyo State Government has issued a December 31 ultimatum to commercial motorcycle and tricycle operators in the state to enroll with the State Residents' Registration Scheme.
Governor of the state, 'Seyi Makinde, announced after the…
Oyetola Targets $10bn Revenue Through National Shipping Line
The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, says the ministry will consider the re-establishment of a National Shipping Line through the Public-Private Partnership (PPP) arrangement.
The Minister who spoke like Rotimi…
FIRS Widens Tax Net, Gives Foreign Crude Oil Shippers Dec 31 To Reconcile Tax Records
The Federal Inland Revenue Service (FIRS) has issued a December 31 deadline for foreign shipping companies that lift crude oil from Nigeria to reconcile their tax records in new measures to widen the tax-payers list and increase accruals.…