Category: Business

First phase of Gbugbu int’l market ready: Kwara Gov

  • Says next phase begins soon • Community hails AbdulRazaq’s strides • AbdulRazaq’s achievement is visible to all, says PDP man The first phase of...

American citizen arrested with firearms in Lagos

U.S. stock markets down after interest rate warning

    Stock markets in the US ended the week sharply down following tough comments by the head of the country’s central bank, the Federal Reserve. The bank’s...

Forex scarcity:CBN releases $265m to Airlines

    The Central Bank of Nigeria, on Friday, released $265m to airlines operating in the country, to settle outstanding ticket sales to check a brewing crisis...

NCDB, NLNG to partner for development of industry

  The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria Liquified Natural Gas Limited will set up a tactical team comprising nominees from...

Okowa

Food Sufficiency: Okowa calls for more investment in agriculture

Governor Ifeanyi Okowa of Delta has called for more investments in agricultural development to curb rising food insufficiency in Nigeria. Uzodimma inaugurates University...

Why Facebook restricted story about Joe Biden’s son during 2020 U.S. presidential election — Zuckerberg

  Mark Zuckerberg says Facebook restricting a story about Joe Biden’s son during the 2020 election was based on FBI misinformation warnings.

Trapped $464m: British Airways blocks travel agents from paying in Naira, mulls flight suspension

  As the issue of trapped $464m foreign airlines’ funds lingers, British Airways may stop flying to Nigeria as from December 1, 2022. Sept 5 Int’l fight...

Stock market rebounds grows by 0.22%

Trading activities on the Nigerian Exchange Ltd., (NGX) closed on a positive note on Wednesday, with indices growing by 0.22 per cent following gains by BUA Cement,...

Manufacturers want more FOREX for importation of raw materials .

The Manufacturers Association of Nigeria (MAN) has called on the CBN to allocate more FOREX to manufacturers to allow for importation of raw materials and machinery....

Lagos

FEC approves N.7b contract for security for Abuja rail, mass transit

  The Federal Executive Council (FEC) has approved contract for the provision of security services to the Abuja Rail Mass Transit phase 1 (Lots 3 and 1A) at a total...