Nigeria’s former Finance Minister, Dr. Ngozi Okonjo-Iweala has emerged the new Director General of the World Trade Organisation. According to Arise News, she emerged victorious in the contest over her South Korean rival, Ms Yoo Myung-hee, by a wide margin. Okonjo-Iweala’s victory is expected to be announced formally by the WTO later today.
Ireland has signed a memorandum of understanding with the FG to return €5.5 million looted by late Gen. Sani Abacha. In a statement by the Ireland minister of Justice and Equality, Helen McEntee, the MoU followed an order recently issued by a court in Ireland regarding the funds Mrs McEntee said the MoU to return […]
The management of Bristow Helicopters Limited has terminated the appointment of 100 pilots. This comes barely 24 hours after Nigerian airline, Air Peace, sacked over 70 pilots citing COVID-19 crisis. The aviation company in a statement on Tuesday said those sacked comprised both Nigerian nationals and expatriates working with the company. According to the airline, […]
A Nigerian airline, Air Peace, has sacked over 70 pilots across its fleet.It also reduced staff salaries by up to 40 per cent. A member of the National Association of Aircraft Pilots and Engineers disclosed this to one of punch correspondents, craving anonymity. The source said the number of sacked pilots was between 70 and […]
Shoprite Nigeria has debunked the story making the rounds that it intends to close shop in Nigeria. The Country Director for Chastex Consult, Ini Archibong, in a telephone conversation with Vanguard, said: “Shoprite is not leaving Nigeria. “We have only just opened to Nigerian investors which we have also been talking to just before now. […]
Africa’s biggest grocery retailer, Shoprite, is exiting Nigeria, after 15 years. The Cape Town-based retailer has started a formal process to consider the potential sale of all or a majority stake in its supermarkets in Nigeria, it said in a trading statement for the 52 weeks to end June released on Monday. The retailer has […]
Here are images of the brand new 124-seater Embraer 195-E2 aircraft Air Peace Airline has ordered for. Watch The Video Below
Heritage Bank Plc said it has closed down an Experience Centre- EC (branch) at Allen Avenue; Ikeja over “unconfirmed case” of Coronavirus for deep hygiene clean up after an employee took ill last week. The bank in a statement made available to the press and customers, noted “in line with our emergency response plan and […]