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Daily Archives: November 6, 2019

NNPC saves over $3bn from arbitration

NNPC saves over $3bn from arbitration

The Nigerian National Petroleum Corporation has saved over $3bn from arbitration, the oil firm’s Group Managing Director, Mele Kyari, announced on Tuesday in Abuja. Kyari disclosed this when he engaged workers of the corporation in a town hall meeting that ...

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Non-oil will fetch 80% of Nigeria’s revenue — Fowler

Non-oil will fetch 80% of Nigeria’s revenue — Fowler

The Executive Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, has said that Nigeria will earn at least 80 per cent of its revenues from the non-oil sector in the next three years. According to a statement from the FIRS ...

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Telecom firms get five days to stop illegal deductions

The Minister of Communications and Digital Economy, Dr Isa Pantami, has ordered the Nigerian Communications Commission to implement a directive on the reduction of the cost of data in the country. The NCC was equally ordered to enforce an earlier ...

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Licence cancellation: FG gives Discos December 7 deadline

Licence cancellation: FG gives Discos December 7 deadline

Power distribution companies have till December 7 to submit their written responses providing reasons why their licences should not be cancelled, the Nigerian Electricity Regulatory Commission declared on Tuesday. In an updated document on the notice of hearing on the ...

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AIB Commences Investigation On Air Peace Incident

AIB releases reports on Air Peace incidents

The Accident Investigation Bereau (AIB) has commenced investigation following a serious incident involving a Boeing 737-500 aircraft operated by Air Peace, with registration marks, 5N-BUJ. This was disclosed by the General Manager, Public Affairs, Mr Tunji Oketunbi in a statement. ...

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