The Federal Government of Nigeria has reported savings of N1.83 trillion in less than three months it cut of petrol subsidy payments. This substantial windfall has been amassed from the revenue accumulated in June and July, as confirmed by a source within the Federation Account Allocation Committee (FAAC).“The amount was …
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Lagos, Enugu Governors Jostle for Investors at LCCI’s Invest Nigeria Expo 2023
•Sanwo-Olu says state committed to being Nigeria’s preferred investment destination •Mbah woos investors with pledge to grant C of O within 72hrs, de-risked investment environment Lagos State Governor, Mr. Babajide Sanwo-Olu and his Enugu State counterpart, Dr. Peter Mbah, yesterday jostled for Nigerian and international investors, wooing them to their …
Read More »Lagos, Enugu Governors Jostle for Investors at LCCI’s Invest Nigeria Expo 2023
•Sanwo-Olu says state committed to being Nigeria’s preferred investment destination •Mbah woos investors with pledge to grant C of O within 72hrs, de-risked investment environment Lagos State Governor, Mr. Babajide Sanwo-Olu and his Enugu State counterpart, Dr. Peter Mbah, yesterday jostled for Nigerian and international investors, wooing them to their …
Read More »Air Peace’s $14m stranded in CBN, 15 planes grounded abroad — Onyema
Allen Onyema, the chairman of Air Peace has disclosed that in 2022, Air Peace spent ₦78 billion naira on maintenance and these funds went to foreign countries. He also disclosed that the airline has about $14 million stranded with the Central Bank Nigeria and about 15 aircraft stranded abroad. Onyema …
Read More »Chandrayaan-3 rover rolls onto moon’s surface as ecstatic India celebrates
The moon rover of India’s Chandrayaan-3 exited the spacecraft on Thursday to begin its exploration of the lunar surface and conduct experiments to help future probes, as the media hailed the historic landing as the country’s biggest scientific feat.The spacecraft landed on the unexplored south pole of the moon on …
Read More »New Boeing 737 MAX supplier defect to delay aircraft deliveries
Boeing (BA.N) has recently identified a new 737 MAX quality problem involving supplier Spirit AeroSystems (SPR.N) that has resulted in improperly drilled holes on the aft pressure bulkhead, the planemaker said on Wednesday.Boeing said the defect will delay near-term deliveries and the company is evaluating whether it could cause it …
Read More »India Becomes Fourth Nation To Land a Spacecraft On The Moon
India landed its Chandrayaan-3 spacecraft on the moon to accomplish such a feat.This mission could cement India’s status as a global superpower in space.Only the United States, China and the former Soviet Union have ever completed soft landings on the lunar surface in the past.Indian spacecraft Chandrayaan-3, the word for …
Read More »Street Trading banned in Abuja- Wike
The Minister of the Federal Capital Territory, Nyesom Wike, has prohibited street vending in Abuja saying that street traders, including those selling corn, contribute to crime and instability in the city. The former governor of Rivers State made this announcement during a meeting with the management staff of the Federal …
Read More »Serena Williams gives birth to second child
Tennis great Serena Williams has given birth to her second child, a girl named Adira River Ohanian, and along with husband Alexis Ohanian welcomed the new arrival in social media posts on Tuesday. “Welcome my beautiful angel,” Williams wrote in the caption of a video posted on TikTok that shows …
Read More »Google sued for information over rights to NFL’s ‘Sunday Ticket’ package
Alphabet’s Google has been hit with a lawsuit in U.S. federal court seeking information about its multibillion-dollar deal with the National Football League to exclusively hold the broadcast rights for the “Sunday Ticket” package of televised professional games. Lawyers representing classes of residential and commercial business subscribers of Sunday Ticket filed the lawsuit on Monday …
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