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CBN to sanction exporters who fail to remit their foreign exchange back to Nigeria

 

NIGERIAN businesses who fail to repatriate foreign exchange proceeds from their international business will now face heavy sanctions under new guidelines being drawn up by the Central Bank of Nigeria (CBN).

 

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Hundreds of Nigerians stranded in Saudi Arabia successfully evacuated back to Abuja

 

NIGERIA has successfully evacuated 372 of her citizens stranded in Saudi Arabia during the coronavirus lockdown flying them to Abuja yesterday where they will go into isolation for 14 days before returning to their homes.

 

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Dana Air introduces new flights routes in attempt to recoup losses suffered during lockdown

DOMESTIC airline Dana Air has announced plans to introduce additional flights between Abuja and Lagos this week and commence operation from Lagos to Owerri and Port Harcourt to Abuja this Friday as part of a post-coronavirus expansion plan.

 

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Fani-Kayode acknowledges that he was wrong to call Daily Trust journalist stupid

 

FORMER aviation minister Chief Femi Fani-Kayode has apologised for his volatile behaviour yesterday when he lashed out at a Daily Trust journalist in Calabar calling him stupid for daring to ask him if he was being bankrolled by a godfather.

 

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NFF hopes of signing Saka remain high after Southgate leaves him out of England squad

NIGERIA'S hopes of getting Arsenal fullback Bukayo Saka to commit to the Super Eagles increased this week after he was left out of the latest England squad published by Gareth Southgate to prosecute next month's Uefa Nations League matches against Iceland and Denmark.

 

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How we need to use agricultural cooperatives to get Nigeria out of this current economic rut

Ayo Akinfe

[1] Every single one of our local government arteas will be obliged to organise their farmers into cooperative units

[2] Farmers will be encouraged to sell their produce, buy seedlings, pesticides and fertilisers, as well as farming equipment through their co-operatives to maximise efficiency and overhead costs

[3] Every local government area must build at least one food storage facility within its domain

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Nigerian government plans to concession airports in bid to improve aviation sector

NIGERIAN aviation officials are considering offering concessions to run all of the nation’s airports for effective and efficient service delivery as part of a post-coronavirus programme due to kick on once international flights resume on August 29.

 

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Lagos State House of Assembly asks Sanwoolu to account for three missing helicopters

 

MEMBERS of the Lagos State House of Assembly have asked Governor Babajide Sanwoolu to explain the whereabouts of three helicopters purchased by the state government in 2007 but are nowhere to be found today.

 

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Tuberculosis experts warn that neglect as a result of the sole focus on Covid-19 may lead to 1m deaths

TUBERCULOSIS experts have warned that as many as 1m people may die from the ailment worldwide as a result of the emphasis on the Covid-19 virus that has forced health practitioners to neglect other vital areas.

 

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Nafdac warns that Pure Tassie Organic Apple and Blackcurrant Juice from Australia is harmful

 

NIGERIA'S National Agency for Food and Drug Administration and Control (Nafdac) has warned the Nigerian public to stop the consumption of an organic apple and blackcurrant originating from Australia because it is dangerous.

 

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