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FG may reopen deal with Ethiopian Airlines

Recent events and documents have indicated that the Federal Government may return to the discussion table with Ethiopian Airlines to resuscitate the botched national carrier project, Nigerian Air in another name. The crisis that emanated from the Nigeria-Ethiopian Airlines partnership to create a national carrier for Nigeria almost culminated in a diplomatic dispute between both...
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CEO bags transport leadership award

The Group Chief Executive Officer of Ethiopian Airlines, Mesfin Tasew, has been honoured with an award, ‘Lead­ership on the Airline in Connecting Africa through Transport.’ A statement by the media consultant to the airline in Ni­geria stated that the award was bestowed on Tasew at the Africa Prosperity Champions Awards, held earlier in the month...
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CPI rebasing could spark debt to equities shift —Experts

Experts have said that the rebasing of Nigeria’s Consumer Price Index could lead to a shift from debt instruments to equities. They noted that the adjustment, which reflects a new methodology for calculating inflation, may influence investment decisions in the capital market. Earlier, The PUNCH reported that Nigeria’s headline inflation dropped to 24.48 per cent...
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NPC advocates continuous improvement in business operations

The Director-General of the National Productivity Centre, Dr Baffa Dan’Agundi, has stressed the need to adopt Kaizen in Nigeria’s public and private sectors to enhance efficiency and productivity. Dan’Agundi said this at the 2nd National Kaizen Conference, organised in collaboration with the Japan International Cooperation Agency, focused on deploying Kaizen principles in Nigeria, which was...
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Banks must make cash available in ATMs – CBN

The Central Bank of Nigeria has urged banks to ensure that their customers have access to cash at their Automated Teller Machines as the increase in ATM transaction fees takes effect on March 1. This was disclosed by the Acting Director, Financial Policy and Regulation Department, John Onoja, during an interview on Arise TV on...
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FIRS begins awareness ahead of e-invoicing system

The Federal Inland Revenue Service has engaged with large taxpayer groups ahead of the implementation of the pilot phase of the Merchant Buyer Solution (e-invoicing system) to get their contributions and smoothen the process. At the stakeholders’ engagement in Lagos on Tuesday, it was disclosed that the pilot phase of the system would commence in...
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Nigeria no longer blacklisted in airplane leasing – Operator

The Chief Operating Officer of United Nigeria Airlines, Osita Okonkwo, has confirmed that Nigeria is no longer blacklisted in the global aviation leasing market, paving the way for improved access to aircraft leasing opportunities. “The important thing is that Nigeria is no longer on the blacklist. Nigeria was blacklisted before, but that is sorted,” Okonkwo...
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Reps probe NNPCL, oil firms’ $1.6bn debt to FG

The House of Representatives Public Accounts Committee, on Tuesday, initiated an investigation into the outstanding debts owed to the Federation Account by the Nigerian National Petroleum Company Limited and oil companies. The investigative hearing, chaired by the sub-committee Chairman, Akinlade Isiaq, followed queries issued by the Office of the Auditor-General for the Federation regarding NNPCL’s...
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EFCC may investigate agencies indicted in 2021 audit report

The Economic and Financial Crimes Commission has hinted at the possible investigation of ministries, departments, and agencies that were implicated in the findings of the 2021 consolidated financial statement audit report released by the office auditor general last year. EFCC Chairman, Ola Olukoyede, gave the hint at the Public Presentation of the Report on the...
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PMI seeks AI, technical skills balancing at workplace

The Managing Director, Project Management Institute, Sub-Saharan Africa, George Asamani, has stressed the importance of mastering technical skills as artificial intelligence continues to redefine job roles. In a statement made available to the media, Asamani stated “As Artificial Intelligence integrates into the workplace and redefines job roles, young professionals find themselves at a pivotal crossroads....
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...