S. Korea to Halt Flights From Britain Until Dec. 31 Over New Virus Strain Woes

BusinessCoronavirusNewsTravelS. Korea to Halt Flights From Britain Until Dec. 31 Over New Virus Strain Woes

PilotnewsDecember 23, 2020

South Korea said that it would suspend flights from Britain until the end of this year over concerns about a new strain of the novel Coronavirus (COVID-19). The country’s health authorities on Wednesday said South Korean diplomatic missions in Britain would suspend issuing quarantine-waiver documents so as to place all arrivals from the European nation in a 14-day quarantine. The country will also conduct an additional virus test when they are released from quarantine. South...

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Boat Operators Destroying Our Nets, Lagos Fishermen Cry Out

BusinessNewsNigeriaBoat Operators Destroying Our Nets, Lagos Fishermen Cry Out

PilotnewsDecember 22, 2020

A group of fishermen under the aegis of the Association of Badagry Fishermen (ABF) has cried out against alleged destructive activities of commercial boat operators on Lagos waterways. ABF Chairman, Sunday Ayedogbon, told the News Agency of Nigeria (NAN) on Tuesday in Badagry that the boat operators worked all nights on waterways in contravention of 6:30 a.m. to 6:30 p.m. as directed by Lagos State Waterways Authority (LASWA). Ayedogbon said that the illegal operating hours...

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We Don’t Demand Payment for Pre-paid Meters, EEDC Warns South-East Residents

BusinessNewsNigeriaPowerWe Don’t Demand Payment for Pre-paid Meters, EEDC Warns South-East Residents

PilotnewsDecember 22, 2020

The Enugu Electricity Distribution Company (EEDC) has warned residents in the South-East against some people, claiming to be representatives of the company and demanding payment to provide pre-paid meters. The Head, Corporate Communications of EEDC, Mr. Emeka Ezeh, who gave the warning in a statement, on Tuesday, in Enugu, said that the conmen usually asked unsuspecting members of the public to make payment for meter into a personal bank account, number 0813317416, domiciled in a...

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FG Extends NIN Registration by 6 Weeks, Cancels Verification Charges, Says Taskforce

BusinessNewsNigeriaTelecommunicationFG Extends NIN Registration by 6 Weeks, Cancels Verification Charges, Says Taskforce

PilotnewsDecember 22, 2020

The Federal Government has extended registration for the National Identity Number (NIN) by up to six weeks, from Dec. 30 to Feb. 9, 2021, and cancelled the use of Unstructured Supplementary Service Data (USSD) charges for verification across the country. The National Task Force on the NIN and Subscriber Identification Module (SIM) registration made the announcement on Tuesday, in Abuja, in a statement jointly signed by Prof. Umar Danbatta, Executive Vice-Chairman, Nigeria Communications Commission (NCC)...

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BREAKING: House of Reps Approves N13.6 Trillion Budget For 2021

EconomyNewsNigeriaPoliticsBREAKING: House of Reps Approves N13.6 Trillion Budget For 2021

Beloved John (Staff Writer)December 21, 2020

The House of Representatives passed a total of N13.6 trillion as the approved budget for 2021. The lawmakers approved a benchmark of $40 per barrel of crude oil. In a special plenary on Monday to mark the end of the year, the lawmakers passed the budget out of which N496 billion will be for statutory transfers for agencies such as the National Assembly and INEC which is under the first line charge. The lawmakers also...

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AfCFTA: Commonwealth to Strengthen Capacity of African Countries Export

EconomyMarketsWest AfricaAfCFTA: Commonwealth to Strengthen Capacity of African Countries Export

PilotnewsDecember 20, 2020

The Commonwealth has reiterated its commitment to work with African countries to deepen export capacity and, particularly, take advantage of trading opportunities like the African Continental Free Trade Area (AfCFTA). Patricia Scotland, Secretary General of the Commonwealth, stated this in a telephone interview with the News Agency of Nigeria (NAN) in Abuja. She explained that the Commonwealth Secretariat had been working with the 19 African member states to strengthen their institutional capacity and develop trade...

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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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Reopened Land Borders Will Boost Business, Economic Activities – NECA

EconomyForeign PolicyNational DevelopmentReopened Land Borders Will Boost Business, Economic Activities – NECA

PilotnewsDecember 17, 2020

The Nigeria Employers’ Consultative Association (NECA) has said the reopening of the four borders will revive and boost business and economic activities while generating revenue to government coffers. NECA’S Director-General, Dr Timothy Olawale, made the disclosure in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos while commending the Federal Government for reopening the borders. Olawale said that the re-opening of the borders was long expected, saying its closure brought untold...

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