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…
Arik Air resumes flights to Asaba December 18
Arik Air on Thursday announced the resumption of flight services to Asaba Airport in Delta. Arik Air Chief Executive Officer, Capt. Roy Ilegbodu, said in a statement in Lagos that…
Refund to bank customers stands at over N76bn, $20.9m – CBN
The Central Bank of Nigeria (CBN) says the refund to bank customers as at Nov. 30 stood at N76.75 billion and 20.90 million dollars. Mr Kofo-Abdulsalam Alada, the Director, Consumer…
Vitol signs 10-year deal to buy Nigeria’s LNG from 2021
Commodities trader Vitol has signed a 10-year deal with Nigeria Liquefied Natural Gas (NLNG) to buy 500,000 tonnes of LNG per year, ramping up its long-term presence on the market….
Apapa Gridlock: Construction of 6,000 capacity trailer park to begin in earnest – Sanwo-Olu
The executive order on the Apapa Road may not be enough to address the traffic problem in that axis without the appropriate measures being put in place. This was according…
Fidelity Bank is Most Admired Bank among business owners – Survey
A survey conducted by Political Economist showed that Fidelity Bank Plc is the most admired bank among business owners especially small and medium scale entrepreneurs in Nigeria. The survey which…