Low oil prices and healthy demand for travel will boost airline profits again in 2016, the International Air Transport Association said. IATA,…
News
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Governor of CBN Mr Godwin Emefiele, said the apex bank may not release funds due to banks following the reduction of the…
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BusinessEconomyFinanceNews
Nigeria at near full unemployment, why Edo state loan request was rejected—DMO
The Director General, Debt Management Office DMO, Dr. Abraham Nwankwo yesterday said that the controversial loan request of Edo state government in…
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The Central Bank of Nigeria (CBN) said that the nation’s foreign reserves fell to 30.04 billion dollars as at Nov. 26. The…
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BusinessEconomyFinanceNewsOil and Gas
27 ships laden with petroleum products, foods to arrive Lagos ports
Twenty-seven ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos…
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Eleven donors have pledged close to $250 million in new money for adaptation support to the most vulnerable countries on the planet…
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Wema Bank has said it had been granted a national banking licence by the Central Bank of Nigeria (CBN). Wema Bank said…
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WORRIED by the fall in prices of crude oil and the urgent need to diversify the economy, the Senate yesterday raised alarm…
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Chukwuma Charles Soludo, CFR African Heritage Institution (AfriHeritage), Enugu Delivered at the 3rd Anniversary lecture of the RealNews magazine: Oriental Hotel, Lagos:…
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Trading at the Nigerian Stock Exchange (NSE) resumed for the week on Monday still on a negative trend with the market indicators…
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The Nigerian Communications Commission (NCC) on Monday said its decision to impose a fine of N1.4 trillion on MTN was in the…
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By Gabriel Omoh Indications emerged weekend, that the Single Treasury Account, TSA, may be grounded, following the Central Bank of Nigeria, CBN,…
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BusinessEconomyMaritimeNews
Continental shelf project to extend Nigeria’s maritime territory by 104,000km — Commission
The National Boundary Commission (NBC) said Thursday that Nigeria’s Continental Shelf Extension Project was aimed at gaining for Nigeria an additional maritime…
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International Finance Corporation (IFC), a member of the World Bank has said that the corporation’s total portfolio in Nigeria stood at $1.7…