Business and Economy
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Shettima departs for Davos to attend 2025 World Economic Forum
By Salisu Sani-Idris Abuja, Jan. 19, 2025 Vice-President Kashim Shettima has departed Abuja to represent Nigeria at the 2025 annual…
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Nigeria accepts invitation to join BRICS as a partner country
By Fortune Abang Abuja, Jan. 18, 2025 The Ministry of Foreign Affairs announced on Saturday that Nigeria has accepted the…
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Prosper Africa, Afreximbank announce new partnership to mobilize trade opportunities between the U.S. and Africa
Washington, DC, January 17, 2024 Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU)…
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Rivers oil community residents lament as oil firms deny spill that triggered ongoing inferno
Residents of Agum-Bukuma in the Degema Local Government Area of Rivers are lamenting the adverse effect of a raging fire…
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Dabiri-Erewa applauds Cardoso on launch of Non-Resident Nigerian accounts
Abuja, Jan. 16, 2025: Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), has lauded Mr. Olayemi Cardoso, Governor, Central…
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Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives … for competitive pump price
Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are…
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FAAN needs N580b to rehabilitate nation’s runways – MD
By Itohan Abara-Laserian The Managing Director, Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, and the Permanent Secretary,…
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Trump close confidant, Elon Musk, sued by U.S. SEC over Twitter takeover
Washington, Jan. 15, 225 The U.S. Securities and Exchange Commission (SEC) on Tuesday said it was suing tech billionaire, Elon…
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Air Peace secures 6th IOSA certification
By Itohan Abara-Laserian L-R: Chairman/CEO Air Peace Ltd., Dr Allen Onyema, receiving International Air Transport Association Operational Safety Audit (IOSA)…
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Nigeria urges global financiers to invest in airport concessions
By Gabriel Agbeja Dublin, Jan. 13, 2025 Mr. Festus Keyamo, the Minister of Aviation and Aerospace Development, has urged global…
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Boeing ready to assist airlines in Nigeria to access aircraft insurance cover
By Gabriel Agbeja Dublin, Jan. 13, 2025 Boeing International Corporation says it is ready to assist airlines in Nigeria in…
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Veritas Kapital wins 2 awards at Lagos 2024 Customer Service Excellence
By Rukayat Adeyemi L-R: Mr. Godwin Agbonaye, the Regional Head of Lagos and South, Veritas Kapital, Mr. Abidemi Adesanya, representative…
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Abia Airport ‘ll not be abandoned – Otti
By Ihechinyere Chigemeri-Uwom Umuahia, Jan. 9, 2025 Gov. Alex Otti of Abia on Thursday, said the Abia Airport project would…
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KPMG Banking Industry Survey: UBA emerges Top 5 in Customer Experience Survey for Banks, excels in SME, Retail Banking, other segments
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has cemented its position as a leading customer-centric institution, emerging among…
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Zinox demands apology from Femi Falana over alleged defamation, reputational damage
The management of the foremost African digital conglomerate, Zinox Technologies Limited, has demanded a public apology from Mr. Femi Falana…
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Regional challenges cost Egypt about $7bn of Suez Canal revenues in 2024 – Sisi
Cairo, Dec. 26, 2024 Events in the Red Sea and regional challenges cost Egypt around 7 billion dollars in revenues…
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NNPCL unveils production monitoring centre
By Emmanuella Anokam Abuja, Dec. 25, 2024 The Nigerian National Petroleum Company Limited (NNPC Ltd.), has introduced the Production Monitoring…
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Imo set for economic expansion in 2025 as Uzodimma presents N755.6bn budget
The economic opportunities awaiting Imo State in 2025 appear limitless as Governor Hope Uzodimma on Monday, presented a budget estimate…
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The Need to reinstate the scrapped Capital Transfer Tax in Nigeria By Emeka Ndu, FCA.
The recent furore generated by the tax reform bills sponsored by the Tinubu administration has elicited the need to look at…
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LNG: Nigeria’s gateway to global energy
By Yunus Yusuf Nigeria stands on the brink of energy transformation with the right collaboration and investment strategies. This allows…
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CBN resumes sale of FX to BDCs to meet retail market demand
The Central Bank of Nigeria (CBN) says it has resumed the sales of foreign exchange to BDCs to meet retail…
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Kuku assures of effective management of passenger traffic at MMIA
By Itohan Abara-Laserian Lagos, Dec. 20, 2024 Mrs. Olubunmi Kuku, the Managing Director of the Federal Airports Authority of…
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Afreximbank, Ecobank partner to simplify trade and compliance for African businesses
CAIRO, Egypt, December 19, 2024 African Export-Import Bank (Afreximbank) and Ecobank Group (www.Ecobank.com) have embarked on a collaboration aimed at…
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Africa: Afreximbank participates in Nigeria’s Bank of Industry syndicated facility of up to EUR 2-billion
LONDON, United Kingdom, December 17, 2024 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) recently joined a consortium of financial institutions in London…
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All-Share Index crosses 100,000 mark as NGX sustains positive momentum
By Rukayat Adeyemi Lagos, Dec. 17, 2024 The equity market has maintained its positive momentum with the All-Share Index crossing…
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