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Category: Economy

Business Economy

NDDC: We stand by the list of contract beneficiaries released by Akpabio

Iheanyi Ejiofor August 4, 2020 No Comments #NDDC: We stand by the list of contract beneficiaries released by Akpabio

By our reporter| The Niger Delta Development Commission (NDDC) on Tuesday said the list of contract beneficiaries released by Godswill Akpabio, minister of Niger Delta Affairs, is authentic. In the…

Read More NDDC: We stand by the list of contract beneficiaries released by Akpabio
Airlines Business Economy headline

Bristow Helicopters sacks over 100 pilots, engineers

Iheanyi Ejiofor August 4, 2020 No Comments #Bristow Helicopters sacks over 100 pilotsengineers

By our reporter| A day after Air Peace Nigeria sacked over 70 pilots and cut the salary of others by 40%, the management of Bristow Helicopters has disengaged over 100…

Read More Bristow Helicopters sacks over 100 pilots, engineers
Business Economy headline

Air Peace sacks 70 pilots, cuts salaries by 40%

Iheanyi Ejiofor August 3, 2020 No Comments

By our reporter| Air Peace Nigeria has sacked over 70 pilots across its fleet and has reduced staff salaries by up to 40 per cent. A member of the National…

Read More Air Peace sacks 70 pilots, cuts salaries by 40%
Business Economy headline

Shoprite explains planned exit from Nigeria

Iheanyi Ejiofor August 3, 2020 No Comments #Shoprite explains planned exit from Nigeria

By our reporter| Shoprite, one of Africa’s largest supermarket chains on Monday said it has begun a formal process to exit Nigeria. The South African-based company in a published update,…

Read More Shoprite explains planned exit from Nigeria
Business Economy headline

Nigeria will pay back Chinese loans in 20 years -Amaechi

Iheanyi Ejiofor August 2, 2020 No Comments #Nigeria will pay back Chinese loans in 20 years -Amechi

Agency report| Minister of Transportation, Rotimi Amaechi says Nigerian government has the capability to pay back loans collected for the construction of rail projects within the stipulated period of 20…

Read More Nigeria will pay back Chinese loans in 20 years -Amaechi

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