…As Auto firms’ stocks crash …Stock investors count losses as RT Briscoe, SCOA hit a 10-year low …Stakeholders blame worsening forex shortage, inflation, weak demand, others …Auto sector on verge of collapse over rising imports, operators warn …FG urged to ...
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Feed Subscription70 Airlines Extinct In Nigeria, Three Collapses Soon
…FG’s measures to tackle Jet-A1 crisis not yielding result – Airlines Over 70 airlines have gone into extinction in Nigeria in the past few years and three others currently in operation may collapse in the coming weeks, the Airline Operators ...
Read More »CRARN Dedicates Int’l Freedom Award To Gov. Udom Emmanuel
…Describes Akwa Ibom as the most peaceful state in Africa …Says Nigeria Police is most child friendly institution in the world A charity group in Nigeria, the Child’s Right and Rehabilitation Network (CRARN) has dedicated the 2022 international Freedom Prize ...
Read More »Innoson Keke Ready For Market September, 2022 – Innoson Group
By Our Correspondent Innoson group has introduced a new brand into its fleet of vehicles for the low income and the poor with the birth of tricycle popularly called, Keke. According to a release signed by Cornel Osigwe, Head Corporate ...
Read More »Innoson Produces Keke , Slashes Price To About N300k
The CEO of Innoson Vehicle Manufacturing Company, Chief Innocent Chukwuma has started manufacturing tricycles. Recall that earlier this year, the Automobile wizard said he will crash the price of tricycles once he commences it’s manufacturing, and today he has fulfilled ...
Read More »Timetable: INEC Talks Tough As 18 Parties Fail To Conduct Primaries
The Independent National Electoral Commission has vowed not to extend the June 3, 2022 deadline for primaries even as The PUNCH observed on Monday that none of the 18 political parties had conducted their presidential primaries three weeks to the ...
Read More »Oil Theft: Navy Arrests 117 Suspects, Six Vessels
The Chief of the Naval Staff (CNS), Vice Admiral Awwal Gambo yesterday said the Nigerian Navy arrested 117 suspects and seized six vessels over alleged theft of petroleum products Gambo said the arrests and seizures were made in the last ...
Read More »N500bn Demand: Prepare For Worst Fuel Scarcity, IPMAN Tells Nigerians
…As Stakeholders Promise 6m Litres Of Aviation Fuel The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked Nigerians to prepare for the worst fuel crisis unless the federal government prevail on the Nigerian Midstream and Downstream Petroleum Regulatory Authority, ...
Read More »Airline Operators Shut Down Operations Nationwide Monday
AON said the shutdown would take effect from Monday, due to the increase in the price of aviation fuel which cost N700 per litre. This was contained in a letter by AON President, Abdulmunaf Yunusa Sarina, and sent to the ...
Read More »NPF Set To Exit The Contributory Pension Scheme
…Accuse Pencom of Financial Crimes, With Statistical Evidence The public hearing held by the House of Representatives Committee on Pensions on 22/02/2022 was aimed at addressing a recurrent decimal of agitation involving NPF retirees under the CPS. For inexplicable reasons, ...
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