The national association of Nigeria travel agencies (NANTA) says British Airways (BA) has closed inventory on Nigeria in the global distribution system (GDS), over foreign airlines’ trapped $464 million. Susan Akporiaye, president of NANTA, said this on Friday. A global distribution system (GDS) is a computerised network system owned or operated by a company that
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Military intercepts N3.7b stolen oil in Niger Delta, raids terrorists hideouts in Abuja
The Defence Headquarters, on Thursday, said a combined troops of Operations Delta Safe, Octopus Grip and Dakar Da Barawo, intercepted petroleum products worth N3, 708,259,338.00 from suspected oil thieves in the Niger Delta within two weeks. The military high command also said troops of the Nigerian Army’s Guards Brigade raided suspected terrorists’ hideouts at Deidei
Read morePAJCCI urges Pak-Afghan businesswomen for bilateral trade
LANDIKOTAL: Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) held a joint meeting with all stakeholders and discussed various issues focused on regional business connectivity via Torkham and other border points. Pakistan Afghanistan Joint Chamber of Commerace and Industries vice president Ziaul haq Sarhadi told The News on Thursday that the meeting was also attended by
Read moreAbuja-Kaduna train attack: FG gives reason for continued suspension of service
The Federal Government, on Wednesday, said recommencing the Abuja-Kaduna train service while some of the passengers kidnapped by terrorists during the March 28 train attack will be insensitive to their families. This was as it said measures were underway to employ advanced technology-based surveillance systems to forestall future terrorist attacks. It said the options available
Read moreDemolish kidnappers’ den in markets – Traders urge Soludo
Traders in Building Materials International Market Zone 2/3 Ogidi/Ogbunike, Anambra State have decried growing rate of crime perpetrated along the expressway right in front of the market by kidnappers, hard drug dealers and robbers. They called on Governor Chukwuma Soludo to demolish makeshift structures directly in front of the market to curb incessant criminal activities
Read moreOil and Gas marketer arraigned in Lagos over alleged fraud
An Oil and Gas marketer, Emmanuel Morah, has been arraigned before a Federal High Court in Lagos State, over alleged fraud and issuance of dud cheques. The defendant was said to be among the convicts recently granted amnesty by the federal government on health grounds, but was yet to be released from the custody of
Read moreSecurity operatives recover N86b stolen oil in August
Different government security outfits operating across the country have recovered stolen oil worth N86.2bn in August, according to energy sources. A total of 16, 000 litres of diesel valued at N800/litre (N12.8m) were on Monday reported to have been recovered by members of the Nigeria Security and Civil Defence Corps in Cross River. Speaking with
Read moreBreaking: Anambra extends ban on motorcycle operations to Nnewi, Ekwulobia
Anambra State government has extended motorcycle ban in urban cities of Ekwulobia and Nnewi with immediate effect. Commissioner for Information, Sir Paul Nwosu, who disclosed this after State Executive Council meeting said the decision followed rising insecurity in the areas. Before now, former governor, Chief Willie Obiano, had banned motorcycle operations, otherwise, known as okada
Read moreWe will reveal identities of big men behind oil theft in Nigeria – Presidency
The office of the National Security Adviser (NSA) would soon reveal the identities of highly placed Nigerians behind oil theft in the country. The Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Garba Shehu disclosed this when he appeared on a Trust TV programme. Shehu revealed that security operatives recently raided locations
Read moreMarket leadership crisis tears Anambra Permsec, traders apart
Traders under the platform of Old Aguata Union, OAU, Friday, have called for the intervention of the Anambra State Ministry of Commerce and Industry over the leadership crisis rocking the Onitsha Bridgehead market, over alleged disobedient to court order. The traders also demanded for the sack of the leadership led by Mr Sunday Obinze. Addressing
Read moreSEC announces N177bn unclaimed dividends at Capital Market
The Securities and Exchange Commission, on Friday, announced that the unclaimed dividends at Nigeria’s capital market so far computed increased from N168bn in 2020 to N177bn in 2021. Director-General, SEC, Lamido Yuguda, disclosed this in Abuja while speaking on some of the outcomes of the second Capital Market Committee meeting held recently in Abuja. Responding
Read moreEmirates Airline gives reason for planned suspension of flights to Nigeria
There are indications that the failure of Emirates Airlines to repatriate its trapped ticket sales fund in Nigeria back to its home country in the United Arab Emirates (UAE) may have led to the carrier’s decision to stop all flights in and out of the country. The airline in a statement on Thursday morning said
Read moreOutcry as Anambra govt marks 40 buildings for demolition in Awka timber market
No fewer than 40 buildings undergoing construction in Building Materials Market (Timber shade) Umuokpu Awka have been marked for demolition. Commissioner for Commerce and Industry, Dr Obinna Ngonadi who disclosed this while visiting the market in company of Managing Director of Awka Capital Territory Development Authority (ACTDA) Barr Amaechi Okwuosa, said the buildings and other
Read moreOnitsha extends main market time over Monday sit-at-home
Leadership of main market in Onitsha, Anambra State has extended market hours from 5pm to 6pm daily. Chairman, Caretaker Committee, Chief Innocent Ezennia who disclosed this to reporters on Wednesday said the extension was to cover paralysed business activities ocasioned by the weekly Monday sit-at-home directive. “Formerly, traders will be in a hurry because we
Read moreSoutheast in darkness as electricity workers begin strike
Enugu Electricity Distribution Company PLC (EEDC) on Wednesday announced temporary shut down of power supply following industrial strike action by National Union of Electricity Employees (NUEE) at the Transmission Company of Nigeria (TCN) power stations. The Head Corporate Communications, Emeka Ezeh in a statement said consultations were on among critical stakeholders in the power sector
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