The Federal Government has allayed the fears of the Federal Airports Authority of Nigeria (FAAN) workers of any lay-offs as plans to concession four major international airports in the country get underway.

The management of Air Peace says it has deepen its stronghold and expand its wings in the North East by launching commercial flights into Gombe State from Lagos and Abuja.

The Central Bank of Nigeria (CBN) on Tuesday released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria.

The National Bureau of Statistics (NBS) says N472.07 billion was generated as Company Income Tax (CIT) in Quarter Two (Q2, 2021) as against N392.64 billion generated in Q1.

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), has appealed to the Federal Government to reconsider the imposition of Value Added Tax on imported LPG in the country.

The Kano Electricity Distribution Company (KEDCO) has said that metering remains key to its customers’ satisfaction, and will improve Non Maximum Demand Customers’ collection.

Air Peace says its scheduled commercial flights from Lagos and Port Harcourt to Douala, capital of Cameroon will begin on Aug. 19.

Nigeria recorded an increase of N15.86 billion Value Added Tax (VAT) revenue from N496.39 billion generated in quarter one (Q1, 2021) to N512.25 billion in Q2.

The Nigerian Civil Aviation Authority (NCAA), has presented `Air Operator Certificate’ to Green Africa Airline, following completion of the airline’s application processes.

The Management of the Nigerian National Petroleum Corporation (NNPC) has announced the promotion and redeployment of some staff to fill key vacant positions in the corporation.

Minister of Petroleum Resources, Chief Timipre Sylva, says the oil and gas sector accounts for about 10 per cent of Nigeria’s Gross Domestic Product (GDP).

The Lagos Chamber of Commerce & Industry (LCCI) has called on the government to replace existing debt stocks with asset-linked debt to ease the debt servicing burden.