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Air Peace places order for ten new Embraer E195-E2 jets

Nigerian airline Air Peace has placed an order for ten new Embraer E195-E2 jets, becoming the first E-Jets E2 operator in Africa. With all purchase rights exercised, the value of the $2.12bn contract is based on current list prices. The Air Peace contract also includes purchase rights for 20 additional E195-E2. Embraer Commercial Aviation chief commercial

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Buhari leaves for World Economic Forum in Jordan, Investment Summit in Dubai

President Muhammadu Buhari will depart Abuja Thursday for Amman to honour an invitation by King Abdullah II bin Al-Hussein of Jordan to participate in the World Economic Forum on the Middle East and North Africa holding at the Dead Sea, Jordan. President Buhari, according to a statement by the Special Adviser on Media and Publicity,

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Rivers guber: Abia PDP hails Wike’s victory despite much-touted federal might

The Abia state chapter of the Peoples Democratic Party, PDP, has congratulated the Rivers State Governor, Nyesom Wike, on his landslide victory in the just-concluded governorship election in the South-south state. Governor Nyesom Wike of the Peoples Democratic Party, PDP, was on Wednesday declared winner of the election by the Independent National Electoral Commission, INEC. The

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AfDB approves €12.5 million fund for SMEs in West Africa

The Board of the African Development Bank (AfDB) has approved a €12.5 million fund in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium-sized Enterprises (SMEs)  in Francophone West African countries In a press statement made available on the website of the AfDB and signed by its  Divisional Manager of Non-Sovereign

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Senate will pass budget on April 16- Saraki

The Senate has promised to pass the 2019 budget on April 16. The Senate President, Bukola Saraki, made the announcement during  Tuesday’s plenary. He urged sub-committees of the Committee on Appropriations to submit their reports on  Friday. He also told the Committee on Appropriations to submit its report between April 9  and  11. Saraki subsequently adjourned plenary

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Budget Defence: Lack of Funds Mars Linking Major Cities by Rail- Amaechi

Oru Leonard The Federal Government has blamed the inability to secure the required capital to link the major cities across the country by rail as the main reason why construction work has not commenced, saying that its doors are    open to all willing investors that can muster the capital required

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Ekiti PDP’s Eleka rejects Appeal Court ruling, heads to Supreme Court

Prof. Kolapo Olusola-Eleka, the Peoples Democratic Party, PDP, candidate in the July 14, 2018 governorship election in Ekiti State is heading to the Supreme Court to further contest the victory of Governor Kayode Fayemi of the All Progressives Congress, APC. Olusola-Eleka is making the move after he rejected the judgement of the Court of Appeal

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