Reps Halt $700m Cabotage Fund Disbursement, Summons NIMASA DG
The House of Representatives has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to stop the planned disbursement of...
Amid Severe Economic Impact on Poultry, FG Sticks to No-vaccination Policy Against Bird Flu
The Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar, has declared that the federal government’s policy on ‘No Vaccination’...
Asia Stocks Fall on Bank Woes as Traders Await Fed
Shares in Asia slipped on renewed concerns about the health of the banking sector and ahead of a Federal Reserve...
Oil steadies ahead of expected interest rate hikes
Oil was little changed on Wednesday after hitting five-week lows in the previous session, as investors priced in expectations for...
Egypt, Morocco, Ghana, and South Africa rank amongst top emerging markets for foreign investments
Kearney, a global management consulting firm, has released its highly anticipated '2023 Foreign Direct Investment Confidence Index' (FDICI), which provides...
Oil rises as falling US inventories refocus market on demand
Oil rose on Wednesday after plunging more than 2% in the previous session as reports of falling U.S. crude oil...
Asia Stocks Under Pressure as Banking Fears Return
Asian stocks headed for their lowest close in a month, hit by renewed concerns about a global banking crisis. Robust...
$21 billion divestment hits Nigeria’s oil, gas sector hard
Nigeria’s oil and gas sector is currently feeling the impact of about $21 billion in divestments by oil multinationals, as...
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...
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