Governor Central Bank of Nigeria, CBN Mr. Godwin Emefiele has said that Private sector CACOVID, spent a total of N28.767 billion on…
Business News Report
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Today, the domestic equities market closed positive as the benchmark index advanced by 125bps to 34,769.00 points, following buying interest in DANGCEM (+2.6%), AIRTELAF (+1.9%) and DANGSUGAR (+5.9%).…
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BusinessEconomyNews
Emirates offers first ever $500,000 expanded multi-risk travel insurance coverage
Emirates Nigeria customers can now plan their travels and fly with even greater assurance and peace of mind, with the airline’s latest…
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BusinessEconomyFinance
Central Bank of Guinea selects Refinitiv Trading solutions to enhance transparency, digitise Guinea’s financial markets
Central Bank of Guinea has adopted Refinitiv Trading solutions to effectively manage currency flows, primary market liquidity provision, and facilitate regional and…
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The Federal Government has said it would require a minimum of N500 billion annually for the next three years to develop its…
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(Reuters) – General Motors Co will recall 7 million vehicles worldwide with potentially dangerous Takata air bag inflators after a U.S. safety…
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Nigeria’s central bank held its benchmark lending rate at 11.5% on Tuesday, its governor Godwin Emefiele said. Prior to Tuesday’s meeting, the…
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BusinessEconomyNews
Nigeria airlines will not cut corners as IATA says Covid-19 crisis will cost airlines $157bn
Airline Operators of Nigeria, AON, has said that Nigeria airline operators will not cut corners if they are not given bailout by…
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(Reuters) – The European Union could produce enough batteries by 2025 to power its fast-growing fleet of electric vehicles without relying on…
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Nigeria’s biggest modular refinery has been inaugurated by President Mohammadu Buhari. The President conducting a virtual inauguration of the facility said the…
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A Bill for an Act to provide for legal, governance, regulatory and fiscal framework for the Nigeria Petroleum Industry, development of host…
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The Federal Government has urged women entrepreneurs to apply for its intervention grant for Micro, Small and Medium Enterprises (MSMEs) to enable…
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BusinessEconomyNews
Nigeria plans N15trn infrastructure company, says govt will buy locally assembled vehicles
By Omoh Gabriel The Presidency has said that the federal plans to set up a N15 trillion infrastructure company. The President gave…
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BusinessEconomyNews
Air Peace attributes reduction of flight frequencies to Covid-19, assures of full restoration next week
Air Peace airline yesterday said the recent reduction in the frequencies of flights to various destinations by the airline is due to…
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As technology transforms industries and economies around the world, shattering barriers and establishing new frontiers of possibilities, Nigeria must prioritise investment in…