Kenya Airways, Air France-KLM End Africa-Europe Joint Venture Cooperation

BusinessNewsTravelWorld NewsKenya Airways, Air France-KLM End Africa-Europe Joint Venture Cooperation

PilotnewsDecember 19, 2020

Kenya Airways and Air France-KLM Group said on Saturday that they had agreed to mutually terminate their Africa-Europe joint venture partnership from September, 2021. Allan Kilavuka, Kenya Airways CEO said the Kenyan carrier will continue to serve the European market through its gateways of London, Paris, Amsterdam with Rome slated for resumption from 2021. “This development allows Kenya Airways to offer additional options and convenience to our customers connecting through our European gateways. ”This is...

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Nigeria is now the world’s second-biggest bitcoin market after the US

BusinessInvestingNigeriaWorldNigeria is now the world’s second-biggest bitcoin market after the US

PilotnewsDecember 18, 2020

During the police brutality protests in Nigeria in October, bitcoin saved the day when the government shut out protesters from using local payment platforms for collecting donations to support it. The young, tech-savvy protesters quickly switched to using bitcoin, and in about a week bitcoin accounted for around 40% of the nearly $400,000 raised. It was just one high-profile example of how young Nigerians increasingly use bitcoin to navigate a complicated and restrictive banking and monetary...

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Abia, Kebbi, Kwara Residents Pay Highest for Petrol in November – NBS

BusinessNewsOil & GasAbia, Kebbi, Kwara Residents Pay Highest for Petrol in November – NBS

PilotnewsDecember 17, 2020

The National Bureau of Statistics (NBS) says Abia, Kebbi and Kwara residents paid the highest amount for petrol (Premium Motor Spirit) in the country in November. The bureau stated this in its “Premium Motor Spirit (Petrol) Price Watch” publication for November and released on its website on Thursday in Abuja. According to NBS, Abia residents paid N178.70 per litre for the product while Kebbi residents paid N174.76 and Kwara residents N172.33. It, however, stated that...

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Yuletide: DPR Warns Against Panic Buying, Hoarding of Petroleum Products

BusinessNewsNigeriaOil & GasYuletide: DPR Warns Against Panic Buying, Hoarding of Petroleum Products

PilotnewsDecember 17, 2020

The Department of Petroleum Resources (DPR), Osogbo Field Office, has warned residents of the state against panic buying, hoarding and storing of petroleum products at home during the Yuletide period. Mr Benjamin Ogunnubi, the DPR Operations Controller in Osun, gave the warning in an interview with the News Agency Nigeria (NAN) on Thursday in Osogbo. Ogunnubi said there was no cause for panic buying, as the Federal Government had made adequate provision for availability of...

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Jubilation in Seme as FG Reopens 4 Land Borders

BusinessNational SecurityNewsNigeriaJubilation in Seme as FG Reopens 4 Land Borders

PilotnewsDecember 16, 2020

There was jubilation in Seme, near Badagry, Lagos State, on Wednesday as Federal Government ordered the reopening of four land borders across the country. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, announced the immediate reopening of four land borders after the Federal Executive Council meeting held virtually in Abuja on Wednesday. The News Agency of Nigeria (NAN) reports that the Federal Government had on Aug. 21, 2019, ordered the closure of ...

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Ndah-Isaiah’s Death, Huge Loss to Media Industry, Nigeria – Orji Kalu

BusinessNewsPeoplePress * MediaNdah-Isaiah’s Death, Huge Loss to Media Industry, Nigeria – Orji Kalu

PilotnewsDecember 12, 2020

Chief Whip of the Senate, Sen. Orji Kalu, has described the demise of the publisher of Leadership Newspapers, Mr Sam Ndah-Isaiah, as a huge loss to the media industry and Nigeria at large. Kalu in a statement on Saturday in Abuja extolled the virtues of the deceased. He stressed  that the late chieftain of the All Progressives Congress (APC) was a patriotic statesman and detribalised Nigerian with passion for a prosperous and united Nigeria. He lauded...

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We Need Mechanized Farm Tools, Women Farmers Tells FG

AgricultureBusinessNewsNigeriaWe Need Mechanized Farm Tools, Women Farmers Tells FG

Beloved John (Staff Writer)December 12, 2020

A group of small-scale women farmers have rejected the use of simple farm tool in exchange for mechanised agricultural machinery to increase the productivity of farm workers. Under the aegis of Small-Scale Women Farmers Organization in Nigeria (SWOFON), the group declared that women farmers will not longer carry out farming activities with hoes and cutlass during a 3-day programme in Abuja. The group visited the Cyprian Ekwensi Centre for Arts and Culture Abuja to retire...

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Visa Openness Solutions Can Boost Africa’s Economic Recovery, the 2020 Africa Visa Openness Index Reveals

AfricaBusinessNewsTravelVisa Openness Solutions Can Boost Africa’s Economic Recovery, the 2020 Africa Visa Openness Index Reveals

PilotnewsDecember 11, 2020

A record 54% of the continent is accessible for African visitors who no longer need a visa to travel or can get one on arrival; in 2020, The Gambia joins Seychelles and Benin in allowing visa-free access for all African travelers; 24 countries offer e-Visas reflecting 44% of the continent. The upward trend in African countries liberalizing their visa regimes and welcoming African travelers continues, according to the 2020 Africa Visa Openness Index published by the African Union...

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NCC Suspends SIM Sale, Registration for Database Audit

BusinessTelecommunicationNCC Suspends SIM Sale, Registration for Database Audit

Bada Yusuf Amoo (Correspondent)December 9, 2020

The Nigerian Communications Commission (NCC) has directed Mobile Network Operators to immediately suspend the sales and registration of new SIM cards in the country to allow an audit of the Subscribers Registration Database. The NCC Director of Public Affair, Dr. Ikechukwu Adinde, made this known in a statement on Wednesday, saying that it was absolutely necessary for operators to comply pending the conclusion of the audit. In his words, the Minister of Communication and Digital...

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FG Announces Reduction of Petrol Price to ₦162.44 Per Liter

BusinessNewsNigeriaOil & GasFG Announces Reduction of Petrol Price to ₦162.44 Per Liter

Bada Yusuf Amoo (Correspondent)December 8, 2020

The Federal Government has announced a reduction in the pump price of premium motor spirit, also known as petrol, from ₦168 to ₦162.44 per liter with effect from December 14. This was disclosed by the Minister of Labor and Employment, Dr. Chris Ngige, after a meeting with labor leaders which began around 9pm on Monday and ended at 1:30am on Tuesday. The product is presently dispensed at ₦168, following the decision of the Petroleum Products...

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