Boeing suppliers bracing for temporary halt in 737 MAX production
Boeing suppliers, customers and financiers braced on Monday for a possible freeze in Boeing 737 production for the first time in more than 20 years as the grounding of the…
FG commends Dangote’s $30bn domestic revenue generation expansion driveÂ
Alhaji Aliko Dangote, President Dangote Group The Federal Government on Sunday commended the Dangote Group for its proposed plan to expand its domestic revenue generation drive from four billion…
Minister of Agriculture pledges commitment to reposition, reorganise Bank of agriculture
Minister of Agriculture and Rural Development, Malam Sabo Nanono The Minister of Agriculture and Rural Development, Malam Sabo Nanono said the Bank of Agriculture(BOA) was still in distress because…
Six DisCos comply with NERC’s approved minimum remittance threshold directiveÂ
The Nigerian Electricity Regulatory Commission (NERC) says six out of eight Power Distribution Companies (DisCos) have complied or substantially complied with the approved minimum remittance threshold in the Order for…
$16m power supply debts: FG to disconnect Benin, TogoÂ
The Federal Government has promised to disconnect Niger Republic and Togo’s power supply if they fail to pay their outstanding $16 million debts. This was disclosed by the Managing Director…
Global community commits $82bn to fight poverty; $53bn coming to Africa
A global coalition of development partners announced Friday their commitment to maintain momentum in the fight against extreme poverty, with $82 billion for the International Development Association (IDA), the World…
Turkish Airlines to know fate over suspension of operating licence – NCAA
Turkish Airlines will know fate regarding the suspension of its operating license by the Federal Government. The Nigerian Civil Aviation Authority (NCAA) had earlier issued the airline a warning over…
MTN, UBA lead losers at Nigerian Stock Exchange as profit-taking takes toll
The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday bowed to profit taking after two-day upward trend. The index lost 33.59 per cent to close at 26,536.21 compared…
I will use my position to grow Nigeria telecom sector – Pantami assures ATCON
The Minister of Communications and Digital Economy, Dr Isa Pantami, has promised to use his position to ensure accelerated growth and deepening of the nation’s telecom sector. Pantami made the…
Oil prices climb to highest in three months on renewed U.S.-China trade deal hopes
Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest…