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Business

DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

Nigeria’s public debt close to N40 Trillion

Oniha said that the amount represented the total external and domestic debts of the Federal Government, 36 state governments as…
Ex- Kano lawmaker Yusuf Sulaiman says emergence of Abdullahi Ganduje as National Chairman of APC has sent jitters to the camp of the PDP.

Kano dissolves KACCIMA executives

The action was necessitated by the inability of the current leadership of KACCIMA to organise a fresh and acceptable election,…
Naira

ICYMI: Nigerian banks suspend foreign cash withdrawals with Naira cards

Commercial banks had been limiting the amount individuals can withdraw with their debit cards while abroad to ease foreign currency…
Ecobank

Ecobank to pay $40 million dividends to shareholders

This implies approximately CFA90, N66.6, or 1.08 Ghana Cedi per share. For Nigerian and Ghanaian investors, this represents 5.5 times…
Green Energy International Limited

Green Energy achieves 4 million man-hour milestone without Lost Time Incident 

Chukwuka Igbokwe, HSE General Manager of the Company praised the company for its efforts and the milestone achieved, emphasising that…
Shell

Appeal court orders Shell deposit $2B in 48 hours for Nigerian oil spill claims

The court also stopped Shell Plc from selling any assets in Nigeria until a decision is reached on its appeal…
AEDC announces 2-day power outage in Abuja

AEDC begs consumers in Abuja, Kogi, others over grid collapse

AEDC has an expansive franchise area covering the Federal Capital Territory, Niger, Kogi and Nasarawa States.
Some of Nigeria's domestic airlines

NNPC slashes price of aviation fuel after airlines threaten to stop flying

Mele Kyari made the concession after the operators said they would ground their planes over the high cost of the…
Melnichenko

Global food crisis looms with Ukrainian war

Russia is a major producer of potash, phosphate and nitrogen containing fertilisers - major crop and soil nutrients.
NBS says the average retail price of a litre of diesel increased from N840.81 in March 2023 to N1341.16 in March 2024.

Manufacturers send SOS to FG as diesel price hits N730

“It is a difficult thing ensuring production at this time. I don’t know how we are going to cope because…
A ComAir plane

South Africa suspends ComAir licence indefinitely

The sanction affects passengers of low-cost airline Kulula and British Airways.
Russian ruble

Russia admits big blow to economy, begs China for help

Western countries have imposed unprecedented sanctions on Russia's corporate and financial system since it invaded Ukraine on Feb. 24 in…
Air Peace delegation in Niamey with Nigerien officials

Air Peace conducts inaugural flight to Niamey

Leader of the Air Peace delegation on the flight, Capt. Augustine Kamano, said Niamey had always been on the airline’s…
An Uber driver on the wheel

Uber adds surcharge as gas prices spike in US

The move came as many Uber drivers have been protesting on social media over high gas costs that have been…
Charcoal

Charcoal in hot demand in Kogi, govt bans its mining

The sale of charcoal has become a lucrative business in Kogi due to its high demand as a result of…
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