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N4.5tr budget deficit may trigger fresh recession, minister warns

With the deficit financing of the revised N10.509 trillion 2020 budget rising from N1.847 trillion to N4.563 trillion, the economy might be heading for another ...
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EasyJet plans to reopen 75% of route network by August

EasyJet says it hopes to resume flights on 75% of its route network by the end of August, although the number of daily services will ...
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Dangote Wins World Travel Market Award With CNN Commercial

Barely a week after emerging the most admired brand in Africa, Dangote Industries Limited (DIL) has won another award through its television commercial on the ...
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Ondo Assembly calls for review of oil palm company policies

The Ondo State House of Assembly has called on the state government to review its policies and invest more on Araromi/Ayesan Oil Palm Plc, in ...
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10,000 Farmers To Benefit From World Bank Assisted Project In Lagos — Commissioner

The Lagos State Government says no fewer than 10,000 farmers are to benefit from the World Bank-assisted Agro-processing, Productivity Enhancement and Livelihood Improvement Support Project ...
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Renault carmaker to cut 15,000 jobs worldwide, including 4,600 in France

French carmaker Renault said on Friday it was launching talks with unions to restructure some plants and potentially close others as it confirmed plans to ...
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Confusion over Adesina’s bid for fresh tenure as AfDB’s boss

• Bank’s chief thanks stakeholders, pledges to steer on • Nigeria, largest shareholder, keeps mum amid intrigues The second tenure of Nigerian-born Dr. Akinwumi Adesina ...
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Coronavirus: EasyJet plans up to 4,500 job cuts

EasyJet has said it will cut up to 30% of its workforce – about 4,500 jobs – as it struggles with a collapse in air ...
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Hong Kong leader tries to reassure investors rattled by China law

China’s plans to impose a new security law on Hong Kong will not erode freedoms, the city’s leader said Tuesday, as she tried to reassure ...
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PHOTOS: Ibom Air 4th Aircraft Unveiled By Governor Udom

The Akwa Ibom State aviation industry has expanded with the acquisition of additional Aircraft which steps the number to four in the Ibom Air fleet ...
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Businesses lose N2.7 billion to Lagos lockdown in five weeks

With the government considering another lockdown to contain the spread of the novel coronavirus, members of the organised private sector (OPS) have urged caution in ...
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Coronavirus: Protests in Italy as restaurants prepare to reopen with strict rules

Italy imposed strict lockdown measures in early March, and at one stage had the highest number of deaths in Europe. Italy will reopen restaurants and ...
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Jeff Bezos Set To Become World’s First Trillionaire

Despite an economy-killing pandemic and losing $38 billion in his recent divorce, CEO of Amazon, Jeff Bezos could become the world’s first trillionaire by 2026 ...
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NNPC Records N211.62b From Petroleum Products Sales

The Nigerian National Petroleum Corporation (NNPC) on Tuesday in Abuja said its downstream subsidiary, Petroleum Products Marketing Company (PPMC), netted N211.62 billion from the sale ...
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China, US vow to implement trade deal despite virus row

Chinese and US trade representatives agreed on Friday to “create favourable conditions” for the phase one trade deal signed in January, officials said, despite recent ...
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Aviation industry… The shape of things to come

As countries across the globe ease out lock down occasioned by COVID -19, airlines and airport authorities are unveiling new measures that will shape air ...
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Aswani Market In Lagos Now Opens On Wednesday, Says Council Chairman

The Executive Chairman of Isolo Local Council Development Area (LCDA), Shamsudeen Olaleye on Tuesday disclosed that the popular Aswani market in Lagos would no longer ...
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Rolls-Royce To Cut Up To 8,000 Jobs

Rolls-Royce is preparing to cut up to 8,000 jobs, the biggest single reduction in more than 30 years, after aircraft makers Airbus and Boeing slashed ...
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Richard Branson is looking for a buyer for Virgin Atlantic

Sir Richard Branson is looking to sell Virgin Atlantic before the end of May after he failed to secure a government bailout with his £80 ...
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Fed Govt extends airports closure by two weeks

Airports will not reopen for commercial flights on Thursday, Aviation Minister Hadi Sirika confirmed on Monday. Sirika announced the extension of airports closure by two ...
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