First Nigerian female pilot with Qatar Airways, flies Boeing 787 Dreamliner Aircraft

Another Nigerian trailblazer has emerged in the aviation industry in person of the beautiful Adeola Ogunmola Sowemimo, who becomes the First Nigerian Female Pilot at Qatar Airways likewise the First Nigerian Female Pilot on the Gigantic Boeing 787 Dreamliner Aircraft. According to reports, she is also the First Nigerian Female Pilot to fly the Boeing […]

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Dangote rises, now 64th richest man in the world

Nigeria’s billionaire businessman, Alhaji Aliko Dangote, has significantly moved up in the world billionaires’ ranking, as he emerged 64th richest person in the world. In its annual ranking of wealthiest people in the world, Bloomberg noted that Dangote now has an estimated networth of $16.6 billion and has risen from his previous ranking of 103rd. […]

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Akwa Ibom pioneers state-owned airline with two aircraft (Photo)

Akwa Ibom State Governor, Mr. Udom Emmanuel, on Wednesday took delivery of two aircraft for operations at the state-owned airline,  Ibom Air. The official unveiling of the aircraft was performed by the Senate President, Bukola Saraki, at Obong Victor Attah International Airport in Uyo. In his remarks, Governor Emmanuel described the airline was a monumental […]

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Business community hosts Atiku, Obi in Lagos; applauds their economic plan for Nigeria

Presidential and Vice Presidential candidate of the Peoples Democratic Party (PDP), Mr. Atiku Abubakar and Mr. Peter Obi, met with the Business community on Wednesday at Eko Hotels and Suites in Lagos about their plans for Nigerian economy. The meeting, which had the theme, Getting Nigeria’s Economy Working: A Pragmatic Approach, saw corporate leaders applauding […]

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Foreign Airlines raked $1.7bn from Ticket Sales in Nigeria in 2018

Foreign airlines operating in Nigeria sold tickets worth about $1.7 billion from January to December 2018, according to Thisday investigations. The amount indicated that there was an increase in sales in the second half of 2018, buoyed by passenger surge during the yuletide, as the foreign airlines sold tickets worth $800 million in the first […]

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10 richest Africans for 2019, Adenuga closes gap with Dangote (Top 10 list)

Aliko Dangote has continued to maintain the lead for the eighth straight year in a row. He has been Named Africa’s richest person again. His net worth is estimated at $10.3 billion, nearly $2 billion less than a year ago. The drop in his net worth is primarily due to a roughly 20% drop in […]

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Nigeria and India to sign Bilateral Air Services Agreement

Before the end of January, Nigeria and India are set to sign Bilateral Air Services Agreement (BASA) that would enable direct flights between the two countries, the Indian High Commissioner to Nigeria, Mr Abhay Thakur, has said. He said this to newsmen at an event to commemorate the World Hindi Day and Pravasi Bharatiya Divas […]

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One fish sold for $3 million in New Year Tuna auction (Photos)

Owner of a Japanese sushi restaurant chain on Saturday set a record by paying more than $3 million for a bluefin tuna in the New Year tuna auction at Tokyo’s new fish market. Kiyoshi Kimura, who owns the Sushizanmai chain, paid 333.6 million yen (£2.5 million) for the 278-kg (613-lb) fish caught off the coast […]

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Nigerian govt installs Category 3 Landing Systems at Lagos, Abuja Airports

Nigerian government has approved the installation of Category 3 Instrument Landing Systems (ILS) capable of allowing flight takeoff and landing at zero visibility at the Murtala Muhammed International Airport (MMIA), Lagos and Nnamdi Azikiwe International Airport, Airport (NAIA), Abuja. The MD, Nigerian Airspace Management Agency (NAMA), Capt. Fola Akinkuotu, gave the hint in Abuja. According […]

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Challenges of single currency for the ECOWAS region -Geoffrey Onyeama

ECOWAS Council of Ministers Chairman, Nigeria’s Geoffrey Onyeama, has said that achieving the ECOWAS Single Currency by year 2020 will be a challenge. Mr. Onyeama said this while responding to questions from newsmen at the end of the 54th Ordinary Session of the ECOWAS of Heads of State and Government in Abuja on Saturday. The […]

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President Buhari proposes N8.83 trillion budget for 2019

Nigerian President, Muhammadu Buhari, has proposed N8.83 trillion budget for 2019 to the joint session of the National Assembly. The presentation of the budget was made under a rowdy session with opposition lawmakers repeatedly booing the President as he listed his achievements. The budget proposal was prepared based on the following assumptions: Oil price: $60 […]

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Nigeria’s unemployed moves up from 17.6m to 20.9m in 9 months

Data made available by the National Bureau of Statistics have shown that the number of unemployed Nigerians has risen to 20.9 million from 17.6 million. The report, which was released on Wednesday, contained the employment trends from Q4 2017 to Q3 2018. “Working age population up from 111.1m in Q3 2017 to 115.4m in Q3 […]

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5 things to know about Access, Diamond Bank merger

The merger will potentially create Nigeria and Africa’s largest retail bank by customers. The proposed merger would involve Access Bank acquiring the entire issued share capital of Diamond Bank in exchange for a combination of cash and shares in Access Bank via a Scheme of Merger. Diamond Bank shareholders will receive N3.13 per share, comprising […]

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Global Sweetheart, Nigerian business guru, Hosa Okunbo poses with ex-British PM, Tony Blair & wife (Photo)

Very few magnates excite the splendid tribute of a cheer in the wake of their most glorious feats. But Captain Hosa Okunbo, the chairman of Ocean Marine Solutions and entrepreneur extraordinaire, effortlessly commands the relentless tribute of a cheer at home and abroad. Predictably, his ascent to the top was never a walk in the […]

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7-year-old makes $22m a year from Youtube; see other best earners

  A seven-year-old boy who reviews toys has been revealed as YouTube’s highest-earning star, raking in $22m (£17.3m). The estimate by Forbes magazine found that Ryan of Ryan ToysReview pipped Jake Paul by $500,000 for the 12 months to June. Videos are posted most days and one promoting a blue giant mystery egg bearing Ryan’s […]

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5 worst African countries to do business -World Bank

The World Bank Group has come up with a list of the worst countries in Sub-Saharan Africa to do business in. In the Doing Business 2018 report, produced by the World Bank, rankings were based on property registration, ability to get credit, taxes, electricity, other business regulations and if the countries followed the 83 reforms, […]

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