Business

Regulator Suspends Wet Lease Aircraft Under United Nigeria Airlines After Plane Landed At Wrong Airport

Authorities have faulted the airline's claim that its crew diverted to Asaba due to bad weather at Abuja Airport.

10 months ago

LPG, CNG Are Cheap, Quick Fix Fuels For Nigerians, Says Ademiluyi

"While CNG is cheaper when it is being used in the long run, LPG is more available."

10 months ago

Nigeria’s Gas Prices Rise By 14% in October, FG Meets Producers Over Surge

The price of the product per kg rose from about N700 to above N900 in some parts of the country.

10 months ago

Nigeria’s Central Bank Under Senate Probe Over N130.8bn Gas Intervention Fund

It has summoned the Delta State government and 14 other engineering, oil and gas companies for the investigative hearing.

10 months ago

Dangote Refinery To Generate $25bn Revenue Annually

Africa’s richest man said it will fully come online with the refining of 650, 000 barrels per day by the…

10 months ago

French Minister Launches Nigerian Agri-Food Platform

Olivier Becht highlighted the agribusiness relationship between both countries.

10 months ago

CBN Seeks Recapitalisation of Banks To Help Achieve $1tn Economy 

Cardoso said the bank will discontinue direct quasi-fiscal interventionist activities that pumped over N10tn in the economy in recent years.

10 months ago

NNPC To End Fuel Import By December 2024, Projects N4.5 Trillion Revenue

Kyari blamed fuel subsidy for Nigeria’s unproductive refineries and said its removal brought investments.

10 months ago

TotalEnergies Confirms First Oil Leak At 2.3 Million Barrel-Capacity Floating Platform

The oil major said the incident did not impact production at the five-year-old facility.

10 months ago

Broadcom Completes $69 Billion Acquisition of VMware in Landmark Tech Deal

The combined efforts aim to create private and hybrid cloud environments, allowing users to run applications seamlessly across different platforms.

10 months ago