Business

Fuel Subsidy is Gone, Says President Tinubu… Targets Single Exchange Rate for Nigeria

He said money previously meant for fuel subsidy will now be used to better the Nigerian economy.

1 year ago

Buhari’s Government Laid Groundwork for Sustainable Economic Growth, Says Finance Minister Ahmed

“The passage of the Petroleum Industry Act 2021 and the consequent establishment of the NNPC Limited, are expected to increase…

1 year ago

Reposition Oil, Gas Industry to Attract More FDIs, Improve Revenue, Analysts Tell Tinubu

They Urged the president-elect to tackle oil theft, raise oil production and end subsidy.

1 year ago

Cally Air: Cross River Carrier Allegedly Runs Aground over Ownership Tussle

The outgoing governor had earlier in the year listed Cally Air as one of the state’s assets to be concessioned…

1 year ago

IMF Urges Tinubu to Broaden Nigeria’s Sources of Income

It counseled the next administration to reduce its reliance on debt to pay for expenses.

1 year ago

‘Charade’: Domestic Carriers Claim Ethiopian Airlines Plane Covered With Nigeria Air Sticker Was Unveiled in Abuja

The AON said there is lack of sincerity and transparency in the process of establishing a national carrier by the…

1 year ago

South African Rand Plunges To New Record Low Amid Economic, Interest Rate Concerns

The fall of the Rand will contribute to South Africa’s high inflation rate.

1 year ago

Chike Ogeah: There Is So Much Secrecy, Opaqueness Around Nigeria Air That Doesn’t Make Sense 

He said despite the "failure" of Buhari's administration, they have had some wins but this particular move was very unnecessary…

1 year ago

Bongo Adi: Fuel Subsidy Only Favours The Rich, It Has To Go

She also called on the President-elect to carefully select those who would aid his administration based on competence.

1 year ago

Nigeria Air: Domestic Carriers Condemn Sirika’s Alleged Flagrant Disregard for Court Order

They said Sirika’s promise to deliver Nigeria Air by May 29, 2023, was a contemptuous action and invitation to anarchy.

1 year ago