Nigeria risks losing foreign airlines over $790m
The International Air Transport Association (IATA) has expressed concerns that foreign airlines may abandon Nigeria over $790 million in ticket…
EFCC arraigns man for $39,554 fraud
The Special Offences Court in Ikeja has charged Olaoluwa Oluwamide and his company, Ayomi Triumph Energy Ltd., with allegedly defrauding…
Local flight hits N200,000 ahead of festive travels
Local airlines have doubled their airfares on high-traffic seasonal routes, posing challenges for domestic travellers this festive season. The cost…
Flight tickets rise to N500,000 on monopoly routes, passengers groan
The rising airfares of indigenous airline operators are causing discomfort among air travellers on selected routes in Nigeria. Monopolised routes’…
Nigeria’s Top 5 Importing Countries
Nigeria imports goods and products that may not be produced domestically. These include machines, technology, consumer goods, and specialized equipment.…
Nigeria Police Arrest Constabularies For Demanding Money From Dutch Woman
The Police on Friday apprehended Special Constabularies caught in a viral video demanding money from a Dutch woman rider in…
Fuel subsidy removal impacts 90% of Nigerian businesses
PRESIDENT Bola Tinubu’s removal of fuel subsidy has adversely affected 90% of businesses in Nigeria, as per a new report.…
Why Unilever, GSK, 4 Others Dumped Nigeria in 2023
Multinational corporations have been forced out of Nigeria due to the country’s toxic economic environment, and things have gotten more…
FG increases import duty rate by 22.24%
The Federal Government has increased import duties by as much as 22.24 percent, a development that may worsen the inflationary…