BUSINESS
Port Harcourt-Aba Rail Line To Commence Operations This Month — NRC
The Port Harcourt to Aba rail line is billed to commence full operations by the end of March. This was made known by the Managing...
Power Minister Summons Abuja, Ibadan Electricity Distribution Companies Over Poor Supply
The Minister of Power, Chief Adebayo Adelabu, has summoned the chief executives of Abuja Electricity Distribution Company and Ibadan Electricity Distribution Company over the...
Cement Cost: Reverse To Old Price Now, Tinubu Tells Dangote, BUA, Others
President Bola Ahmed Tinubu has directed cement companies to go back to the status quo as regards to the price of the commodity. Minister of...
Air Peace Announces N1.2m For London Route
Air Peace on Wednesday, announced N1.2 million and N4 million respectively on its London route for Economy and Business classes, effective March 30. This is...
Nigeria Gets 60% Share Of Aferimbank’s $30bn Oil, Gas Funding
The African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in Africa. The bank disclosed investing...
CBN Resumes Sale Of Dollars To Bureax De Change
The Central Bank of Nigeria (CBN) has commenced sale of dollars to Bureax De Change (BDC). Announcing the development in a statement on Tuesday, the...
After Lagos Stampede, Customs Suspends Food Distribution
The Nigeria Customs Service has announced the temporary suspension of the national food distribution initiative which it started it Lagos over the weekend over...
FG Promises To Deal With Economic Destabilizers
The Federal Government has vowed to go after individuals sabotaging the nation’s economy. The Minister of Information and National Orientation, Mohammed Idris, made this known...
Hardship: Some People Working To Undermine Our Efforts — VP Shettima
The Federal Government has said that some people are working to undermine the efforts of the President Bola Tinubu administration to revamp the Nigerian...
CBN Increases Customs Duty Rate To N1,605.82 Per Dollar Once More
Less than five days after it marginally reduced the Customs Exchange rate from N1515.48 to N1472.756 last week, the Central Bank of Nigeria (CBN)...
