NCAA Relocates Corporate Headquarters to Abuja

The Nigerian Civil Aviation Authority (NCAA), says it has relocated its Corporate Headquarters to the nation’s Federal Capital, Abuja, in compliance with the directive of the Federal Government. The General Manager, Public Affairs, Mr. Sam Adurogboye, made this known in a statement on Thursday in Lagos. The News Agency of Nigeria (NAN) reports that the Minister of Aviation, Hadi Sirika, had on May 4, in a memo to all the agencies, given an ultimatum for the relocation....

Impending Domestic Flight Resumption: Air Peace Begins Shakedown Flights

Air Peace says it has begun shakedown flights of several of its fleets of aircraft, as the resumption of domestic flight operations drew closer. Spokesperson of the airline, Stanley Olisa said in a statement on Thursday in Lagos,  that the shakedown flights were part of measures the airline had developed to guarantee safety of both passengers and crew when operations resumed. Olisa said the aircraft had been in storage mode for a couple of months...

Port Harcourt DisCo Begins New Electricity Tariff July 1

Port Harcourt Distribution Company (PHED) will on July 1 begin implementation of a new electricity tariff to customers in four states, says an official of the company. The states are Akwa Ibom, Bayelsa, Cross River, and Rivers. The PHED Manager of Corporate Communications, John Onyi, said in a statement in Port Harcourt on Thursday that the tariff would be reviewed upward. He said: “PHED wishes to notify customers in Akwa Ibom, Bayelsa, Cross River and...

Adamawa Govt. Earmarks N550 Million of Fertilizer for Farming

The Adamawa Government has earmarked the sum of N550 million  to buy  fertilizer for the  2020 farming season. The Commissioner for Information and Strategy, Mr Umar Pella, disclosed this shortly after the State Executive Council’s meeting held on Wednesday in Yola. The News Agency of Nigeria (NAN) reports that the meeting was presided over by Gov. Ahmadu Fintiri. “The Council equally approved N160 million for the purchase of 52,000  litres of agrochemicals and hybrid seeds for disbursement to farmers ” Pella said. He...

IMF Forecasts Deeper Recession for Sub-Saharan Africa

JOHANNESBURG – Sub-Saharan Africa’s gross domestic product is expected to shrink by 3.2% this year due to the impact of the COVID-19 pandemic, the International Monetary Fund said on Wednesday, more than a previous estimated contraction of 1.6%. In its World Economic Outlook update, the IMF projected that GDP in South Africa, the continent’s most advanced economy, would shrink by 8% in 2020, a bigger contraction than the 5.8% forecast in April. South Africa’s strict...

535 Maize Farmers Receive N89m CBN-ABP Inputs in Anambra

A total of 535 maize farmers in Anambra would receive farming inputs worth over N89 million under the Central Bank Anchor Borrowers Programme, for the 2020 wet farming season. Mr Simeon Nwafor, the  state chairman of Maize Association of Nigeria (MAAN), made the  disclosure at the inauguration of the inputs distribution, on Tuesday in Onitsha. Nwafor said that the number of beneficiaries in the state had risen from 122 in 2019 to 535 this cropping...

Amid COVID-19, Nigeria Collecting Bids for New Marginal Oil Fields

The global coronavirus pandemic drastically slowed down and in most cases halted completely business activities. But as signs of re-opening slowing gains traction, Nigeria’s economic mainstay, oil, is in the news. Today marks the deadline for oil companies and investors to submit bids to the Nigerian Department of Petroleum Resources for the first marginal oil field award round in two decades. The submission deadline, originally slated for June 14, was extended last week. Nigerian oil...

Morocco to Resume Domestic Flights Starting June 25

Morocco will resume domestic flights starting June 25, the state news agency said on Sunday, citing the ministry of tourism, air transport, handicrafts and social economy. Earlier today, the government said it would further loosen lockdown measures for the services sector and domestic transport starting June 24, adding domestic travel would resume including flights and railways. (REUTERS)

Lagos Records No Boat Accident in Six Months

Lagos water transportation sector has not had boat accident since the beginning of 2020, the General Manager of Lagos State Water Authority (LASWA), Oluwadamilola Emmanuel, said. Mr Emmanuel attributed the achievement to the continuous improvement in safety guidelines, regulations and enforcement in water transportation sector. “Aside from the periodic check-ups, regular inspection of ferries plying the waterways and the removal of water hyacinth causing obstruction to smooth navigation, LASWA has also donated thousands of lift...

Court Orders Zenith Bank to Refund $8,541 Illegal Deductions to Customer

A Chief Magistrates’ Court in Gwagwalada, FCT, on Friday ordered Zenith Bank PLC to reverse 8,541 dollars illegally deducted from the account of one of its customers, Mr Ida Gabriel. Delivering judgment, Magistrate Aliyu Shafa, held the defendant (Zenith Bank Plc) was not able to prove to the court that the said money does not belong to the plaintiff. “Zenith bank should refund to the plaintiff’s account the said money, minus the bank charges if...

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