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Nigeria’s GDP Grows By 2.28% In Third Quarter Of 2019

Data made available by the National Bureau of Statistics (NBS) shows that Nigeria’s gross domestic product (GDP) grew by 2.28% in the third quarter of 2019. This is 0.17 percentage points higher than the 2.12% revised GDP growth recorded in the second quarter. The GDP report which was released on …

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Dana Air Soars with 5.4m Passengers Airlift in 11 years

Dana Air has announced that it airlifted 5.4 million passengers in the last 11 years of its operations According to a statement by the airline’s Media and Communications Manager, Mr Kingsley Ezenwa, the airline hopes to double the figure by sustaining its operational efficiency, increasing its fleet size, maintaining its …

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Experts Lament Failing National Projects

By Ibitola Babatope Sugarito. The need for experts to intensify in the area of Project Management took the center stage at a conference organised by the National Project Management (ProMaCon) in Abuja on Tuesday. According to Michael Oluwagbemi, Principal Partner, Loftyinc, the gathering was put together as a wake-up call …

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NAMA Set to Employ More Air Traffic Controllers,Boost Workers’ Welfare

By Gboyega Adeoye Managing Director, Nigerian Airspace Management Agency NAMA, Capt Fola Akinkuotu says the agency has concluded plans to employ more Air Traffic Controllers to reduce the stress being encountered by ATC in the discharge of their duties. Speaking at the 48th Annual General meeting of NATCA in Kano, …

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Nigeria jumps 15 places on World Bank’s Ease of Doing Business ranking

Nigeria is now ranked 131 globally on the World Bank’s Ease of Doing Business ranking, moving up by 15 places from its 2019 spot. The Bretton Wood institution released the report in the early hours of Thursday. A comparison of business regulation in 190 countries across the world formed the …

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Transaction Charges: CBN Gives Fresh Insight

The Central Bank of Nigeria (CBN) says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on the amount in excess of the set limits. The Director, Corporate Communication Department, Mr Isaac Okorafor, made the clarification in an interview with News Agency of …

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PDP Rejects Buhari’s Decision To Increase VAT…Urges NASS To Protect Nigerians.

The Peoples Democratic Party (PDP) condemns and totally rejects the decision by President Muhammadu Buhari and his officials to increase the Value Added Tax (VAT) from 5% to excruciating 7.2%, saying Nigerians cannot bear such burden under the prevailing agonizing economic situation. The party says the decision is anti-people, suppressive …

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How Presidential Task Force ‘Feast’ On Apapa Tarffic Gridlock

The Maritime Reporters’ Association of Nigeria (MARAN), has raised an alarm over how a Presidential Task Force put in place to monitor as well as manage the endemic Apapa ports city traffic gridlock has allegedly turned their job into illegal avenues for extortion of motorists and other ports users. In …

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FirstBank Convenes Digital Lab Open House, Reinforces Digital Reinvention In Banking

In an effort to stimulate innovation through synergy, First Bank of Nigeria Limited hosted the Digital Lab Open House on Wednesday, 31 July 2019 at its Digital Lab in Yaba Lagos. The Digital Lab Open House is amongst the many events lined up for the group Innovation Week held 29 …

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MTN Changes Recharge Card Loading Pattern and Reduces Card Pin

Africas leading cellular telecommunications company, MTN Nigeria, has modified the recharge card loading sample and lowered the card pin.. The most recent MTN card now has 10 digit recharge pin and new loading code *3551*10 digit pin#. Recall that before, the MTN pin used to be 12 digits but was …

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