New Telegraph

September 30, 2023
Developers explore farm estate for wealth, job creation

Developers explore farm estate for wealth, job creation

Food security   Farm estate is a ‘win-win’ situation for developers and subscribers       Real estate developers are currently exploring farm estate as new business opportunity to create wealth, generate employment and guarantee…

Report: 23.3m litres petrol smuggled from Nigeria daily

Report: 23.3m litres petrol smuggled from Nigeria daily

WASTE Nigeria had been subsidising petrol for neighbouring countries for many years   About 23.3 million litres, being 30 per cent of the total daily volume of premium motor spirit (PMS) also known as petrol…

17,483 PPPRA, PEF staff fret over sack, redeployment

END OF ROAD Minister of State for Petroleum Resources, Timipre Sylva, has declared end to PPPRA, PEF existence   Over 17,483 staff and contractors at the Petroleum Products Pricing Regulatory Agency (PPPRA), Petroleum Equalisation Fund…

Report: N10.4trn subsidy can build world class hospitals

The Nigerian government has spent a whopping N10.413 trillion on fuel subsidy between 2006 and 2019, a period of 14 years, an amount more than what it required to construct and fully equip 38 units…

Economy: CACOVID urges halt to COVID-19 community spread

The organised private sector has said that stopping the community spread of the coronavirus pandemic is the only way to get the nation’s economy back on track and prevent resurgent in the country.   The…

All airports now open to domestic flights – FG

All airports now open to domestic flights – FG

The Federal Government has said all airports in the country including private airports and airstrips were now opened for domestic commercial flights. The Minister of Aviation, Hadi Sirika, made this known on Monday during a…

Arik Air’s operations shut by Aviation Unions, passengers stranded

Arik Air’s operations shut by Aviation Unions, passengers stranded

    Wole Shadare Aviation unions have carried out their threat to shut Arik Air operation for allegedly owing its workers several months’ salary arrears The National Union of Air Transport Employees (NUATE) and the…

Active VoIP subscriptions rise to 238,575

Active VoIP subscriptions rise to 238,575

SLOW Despite the increase in the number of active users, the growth of VoIP service in Nigeria has been slow     Active subscriptions for Voice over Internet Protocol (VoIP) service in the country rose…

Rewane: Real estate to contract till March ‘21

Rewane: Real estate to contract till March ‘21

Considering the looming economic recession caused by coronavirus pandemic and its associated lockdown for over five months, real estate sector, which has been negative, may not recover until first quarter (Q1) of 2021.   According…

JAIZ Bank, Hajj Commission sign savings scheme agreement

JAIZ Bank, Hajj Commission sign savings scheme agreement

Jaiz Bank Plc, the premier noninterest bank in Nigeria and the National Hajj Commission of Nigeria (NAHCON) have signed a Hajj Savings scheme agreement that will make it easier for every Muslim in the country…