Economy Archives - Page 87 of 95

Jan

08

2022

Abia State and the Albatross Called PENSION: Man’s Inhumanity to Man.

Abia State, Amos Oge Kalu, Economy, Metro, PoliticsAbia State, Economy, Metro, Next Level, Nigeria, Opinion, Politics

In Abia State of today, the term "Pension" is defined as, and has come to be associated with men/women who served the government during their heys days, but who have either died, dying or undecided whether to die or not, due to the circumstances they have found themselves in (though not of their own making), but have no option than to resign to fate and face life of frustration after service. During my Yuletide holidays in Ohafia, I was opportune to witness and understand the cries, the woes, the intrigues and the level of politics wrapped around the "Pension" discourse…

Dec

02

2021

By OHAFIATV

Senate expresses frustration over NG Eagle Air’s Operating Certificate

Economy, PoliticsEconomy, Metro, Nigeria, Senate

The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has declared that the 9th Senate of the Federal Republic of Nigeria is not happy that certain agencies of government are working at cross-purposes. He said, in a press statement, that the development was not in the overall interest of the Nigerian economy. Sani spoke at the Zuma Rock Resort in Niger State, adding that the Upper Chamber was particularly not happy with the Aviation Ministry which he accused of frustrating the efforts of the Asset Management Corporation of Nigeria (AMCON), a government debt resolution agency…

Dec

01

2021

By OHAFIATV

United Airlines inaugurates nonstop service between Lagos, Washington D.C.

Economy, MetroNext Level, Nigeria, Opinion, Politics

United Airlines has inaugurated its new nonstop service between its hub at Washington Dulles International Airport and Murtala Muhammed International Airport with the arrival of the first flight into Lagos on Wednesday. With three weekly flights, United is the first and only airline serving Washington, D.C. nonstop from Lagos. The flight is operated with state-of-the-art Boeing 787 Dreamliner aircraft, featuring United’s award-winning United Polaris business class cabin and United Premium Plus premium economy seats. The new service marks United’s return to Nigeria, which the airline previously served up until 2016. A water cannon salute marked the arrival of United flight…

Nov

21

2021

By OHAFIATV

‘We will prove EFCC wrong with facts’, Kogi govt reacts to N19.3bn salary bailout

Economy, PoliticsCrime, DSS/EFCC, Nigeria, Opinion, Politics, Yahaya Bello

Kogi State Commissioner for Information and Communication, Mr. Kingsley Fanwo, has said that the State Government has facts to disprove the allegation of the bailout funds by the Economic and Financial Crimes Commission (EFCC). The EFCC had confirmed the return of N19. 33 billion Kogi State salary bailout funds, recovered by the Commission, to the Central Bank of Nigeria (CBN). Reacting, Fanwo in a statement to NAN said that the Kogi government would prepare a comprehensive response to what it called “the desperate moves by EFCC.“ The commissioner stated that EFCC’s move was only a way to save its face over its…

Oct

29

2021

By OHAFIATV

Facebook changes name to ‘Meta’

Economy, NewsAmerica, Economy, Facebook, Mark Zuckerberg, World News

Social media giant, Facebook has changed its name to Meta. Facebook made the statement on its official social media pages. According to Facebook chief, Mark Zuckerberg, the parent company’s name is being changed to “Meta” to represent a future beyond just its troubled social network. Speaking during the annual developer conference, he said, “We’ve learned a lot from struggling with social issues and living under closed platforms, and now it is time to take everything that we’ve learned and help build the next chapter. “The metaverse is the next evolution of social connection. It’s a collective project that will be…