Airline Operators of Nigeria (AON) have resolved to increase the cost of economy flight tickets to a minimum of N50, 000 nationwide, Saturday Sun has learned. At a meeting held in Lagos which had most of the domestic operators present, the association cited the high cost of jet A1 fuel,[Read More…]
Tag: Economic
FIRSTBANK CONVENES NIGERIA ECONOMIC OUTLOOK WEBINAR FOR 2022
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national and global economic trends that shaped 2021, whilst forecasting the economic outlook of 2022. The virtual event themed “A rearview look at 2021, lessons learnt-Outlook[Read More…]
Ekiti State Governor To Accelerate Economic Growth And Sustainability Agenda
The Executive Governor of Ekiti State, His Excellency Dr. Kayode Fayemi has restated his determination to accelerate the economic growth and sustainability agenda of the state as part of efforts to drive financial independence. During a welcome address at the Ekiti State Economic Development & Investments Summit tagged: “Fountain Summit”[Read More…]
Fashola: Why Nigeria Needs To Continue Borrowing
The Minister of Works and Housing, Babatunde Fashola, has justified the loans obtained by the Federal Government, saying the country needs to borrow for development. Critics of the current administration have at different times accused President Muhammadu Buhari of mortgaging the future of Nigerians, especially the younger generation. But speaking[Read More…]
MultiChoice Unveils 2021 Bursary Program, Calls For Entriesntries
Africa’s leading entertainment provider, MultiChoice has announced the opening of its 2021 Bursary Scheme to offer students the opportunity to develop critical and scarce skills across multiple industries. The financial aid is directed towards underprivileged students with a promising academic future and the drive to succeed. The South African Company[Read More…]
Banks Begin Charging Customers for Failed Transactions
Nigerian banks have started charging customers for failed transactions, a move that could further compound economic hardship already assailing the masses. The charges were imposed following a CBN directive earlier this year that directed banks to penalise customers who initiate direct debit transactions on their account but lack funds to[Read More…]
Nanono’s inadequacy is a thread to food security in Nigeria – Stakeholders
As stakeholders in Agriculture we write to draw the attention of the Government to certain actions by the HMA, Alhaji Muhammad Sabo Nanono ,that are inimical to the attainment of food sufficiency in Nigeria. The gains made so far will be lost especially during this trying period in the global[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]