Abuja, Nigeria | Xinhua | The Dubai-based airline Emirates on Thursday said it planned to resume all flights to and from Nigeria, starting Sept. 11, following the recovery of a portion of its blocked funds accruing from ticket sales from the most populous African country. The airline said in a statement …
Read More »Nigeria intensifies fight against illegal armed groups
Lagos, Nigeria | Xinhua | The Nigerian Armed Forces have intensified their crackdown on extremists and bandit groups to address security threats in the country, Defense Minister Bashir Magashi said Saturday. The military and other security agencies have cooperated to force criminals out from their hideouts, Magashi told a security …
Read More »Emirates to halt Nigeria operations due to unremitted funds
Abuja, Nigeria | Xinhua | The Dubai-based airline Emirates on Thursday said it planned to halt all flights to and from Nigeria, starting September 1, to cut down losses following its inability to repatriate about 85 million US dollars in revenue from the most populous African country. In a statement, the …
Read More »Algeria, Niger, Nigeria ink deal to build trans-Saharan gas pipeline
Trans-Saharan Gas-Pipeline (TSGP) linking Algeria, Niger and Nigeria, is expected to span 4,000 km and could send up to 30 billion cubic meters of natural gas per year Algiers, Algeria | Xinhua | Algeria, Niger and Nigeria signed on Thursday a memorandum of understanding (MoU) for the construction of a gas pipeline …
Read More »Nigeria transforms state-run oil corporation into independent firm
Abuja, Nigeria | Xinhua | Nigeria has transformed the state-run Nigerian National Petroleum Corporation (NNPC) into an independent and limited liability firm, about 45 years after the creation of the national oil corporation. The move is part of the ongoing reform of the country’s oil industry, heralded by the Petroleum Industry …
Read More »Lassa fever: 155 dead in Nigeria
Lagos, Nigeria | Xinhua | The death toll of Lassa fever in Nigeria this year has risen to 155 amid government measures to reduce infections across the country, the Nigeria Center for Disease Control (NCDC) said. In its latest Lassa fever situation report reaching Xinhua Saturday, the public health agency …
Read More »Hiking interest rates
Why it’s the wrong recipe for curbing inflation COMMENT | STEPHEN ONYEIWU | The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took effect immediately. Whenever the Central Bank changes the monetary policy rate, otherwise known …
Read More »Nigeria confirms 21 monkeypox cases
Lagos, Nigeria | Xinhua | Nigeria has recorded 21 confirmed monkeypox cases across nine states and one death since January 2022, said the Nigeria Center for Disease Control (NCDC) late on Sunday. In a report released by the NCDC, the health agency said the country has recorded 66 suspected monkeypox cases …
Read More »Nigeria to include 83 million poor people in health insurance scheme
Abuja, Nigeria | XINHUA | Nigerian President Muhammadu Buhari has said at least 83 million poor Nigerians are set to be covered in the National Health Insurance Scheme, in a bid to achieve universal coverage. Buhari made the statement while signing into law the recently passed National Health Insurance Authority …
Read More »Nigerian Airlines to shutdown and stop flying as fuel reaches 95% of operating costs
Abuja, Nigeria | airspace-africa | The fuel crisis in Nigeria’s aviation industry has become untenable. In a letter penned by the President of the Airline Operators of Nigeria(AON), Abdulmunaf Yunusa Sarina, and sent to the Minister of Aviation, Senator Hadi Sirika, airline industry operators have signaled their intent to down tools …
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