Airfares hit new high as foreign airlines settle for N582/$1
For the third time in less than a month, the rate of exchange (RoE) applicable to foreign airlines has ballooned,...
SON Drafts Operational Guidelines for Halal Industry
The Director General/Chief Executive, Standards Organisation of Nigeria (SON), Mallam Farouk Salim, has said it is currently working with relevant...
Buhari: Nigeria Spent $195m to Fight Piracy in Gulf of Guinea in 2021
President Muhammadu Buhari has pledged that Nigeria would continue to deploy resources towards combating piracy in the Gulf of Guinea....
Capital market will aid realization of 2023 budget – SEC
The Securities and Exchange Commission has expressed the firm belief that the Nigerian Capital Market, as an organized and specialized financial...
NCC denies incurring N17bn deficit in 2021 budget
The Nigeria Communications Commission (NCC) has debunked claims that it’s incurred N17billion deficit in the 2021 budget. In a statement on...
Banks, telcos meet as USSD debt hits N100bn
The accumulated debt from Unstructured Supplementary Service Data which Deposit Money Banks owe telecommunication firms has risen to over N100bn....
FG, US firm sign MoU on $15bn rail project
The Federal Government, through the Ministry of Niger Delta has signed a deal with a United States based firm, Atlanta...
FG cuts power firms from national grid
The Federal Government, on Tuesday, declared that it had commenced the disconnection of some power firms from the national grid...
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 percent and 42.6 percent respectively between April 2022 and...
Nigeria lost N2.3tn revenue to oil theft in 12 months – IOC
Nigeria has lost an opportunity to produce and sell about 65,700,000 barrels of oil in the last year due to...
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