1. Setback as AON blocks Nigeria Air takeoff with court order
Nigeria Air’s plan to obtain the Air Operator’s Certificate (AOC) from the Nigeria Civil Aviation Authority (NCAA) has suffered a setback as the Airline Operators of Nigeria (AON) have filed a restraining order against the aviation regulator… Read more
Source: https://www.ripplesnigeria.com/setback-as-aon-blocks-nigeria-air-takeoff-with-court-order/
2. Group decries Aba Power disconnection from national grid
A pro-democracy group, the Civil Liberties Organisation, has criticised the ongoing power outage in Abia State due to the disconnection of Aba Power from the national grid by the Transmission Company of Nigeria, calling it a siege against national security… Read more
Source: https://punchng.com/group-decries-aba-power-disconnection-from-national-grid/?amp
3. IRENA: $35trn Needed in Transitional Technologies to Limit Climate Change
The International Renewable Energy Agency (IRENA) has stated that bout $35 trillion in transitional technology funding is needed by the end of the decade to limit global heating to 1.5 degrees Celsius.. Read more
4. Nigeria leads Africa in venture capital investments
Nigeria has emerged as the top country for venture capital investments in 2022, a new report by the Africa Private Equity and Venture Capital Association, has revealed… Read more
Source: https://punchng.com/nigeria-leads-africa-in-venture-capital-investments/?amp
5. Manufacturers Groan as Diesel Price Jumps 55.9%, Petrol Up 42% in One Year
The pump prices of diesel and petrol increased significantly to 55.9 per cent and 42.6 per cent respectively between April 2022 and the same period in 2023, new data from the National Bureau of Statistics (NBS) has indicated… Read more
6. SMEs adopt new survival strategies as economy slides further
The current economic climate is having a detrimental impact on small businesses, but they are not giving up easily… Read more
Source: https://punchng.com/smes-adopt-new-survival-strategies-as-economy-slides-further/?amp
7. Energy transition: NMDPRA Reaffirms Commitment to Driving Sustainable Gas Utilisation
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has restated its commitment to ensuring sustainable growth of natural gas exploitation and utilisation in Nigeria… Read more
8. Court stops NCAA from issuing AOC to Nigeria Air
A Federal High Court sitting in Lagos has restrained the Director General of Nigeria Civil Aviation Authority, Captain Nuhu Musa, from issuing an Air Operator’s Certificate to the proposed national carrier, Nigeria Air… Read more
Source: https://punchng.com/court-stops-ncaa-from-issuing-aoc-to-nigeria-air/?amp
9. Eight states got zero investment in four years – Report
At least eight states failed to attract any foreign investments but piled up N194.09bn debt between 2019 and 2022, according to findings by The PUNCH… Read more
Source: https://punchng.com/eight-states-got-zero-investment-in-four-years-report/?amp
10. Unilever Nigeria announces replacement for MD, Carl Raymond
The Managing Director of Unilever Nigeria, Carl Raymond Cruz, has resigned from his post, the board of the company has revealed… Read more
Source: https://www.ripplesnigeria.com/unilever-nigeria-announces-replacement-for-md-carl-raymond/
