Business

Nigeria Doesn’t Have Resources to Pre-empt Illegal Mining Activities, Minister Says

He says the sector now contributes N10bn to Nigeria's economy.

2 years ago

Air Peace Airlifts 55 Million Passengers in 8 Years, Plans More Routes in 2023

The airline recorded a passenger load of 52,859 in its launch year. In 2022, it airlifted 14,103,018 passengers.

2 years ago

Pollsters Predict $89.37 Per Barrel Oil Price in 2023

If the forecast is spot on, it means Nigeria may be able to save about $15 per barrel in its…

2 years ago

27 Days to Retirement of Old Naira Notes, Analysts Urge CBN to Intensify Awareness

They say new banknotes are scarce and facing rejection by market women, rural communities.

2 years ago

‘Party Capital’ Dubai Scraps 30% Alcohol Tax and Licence Fee in Bid to Boost Tourism

It is not clear if the move, which took effect on Sunday, will be permanent.

2 years ago

Bloomberg: How World’s Wealthiest Billionaires Lost $1.9trn in 2022

Elon Musk emerges first person in history to lose $200bn.

2 years ago

Nigeria’s Resilient Stock Market Gained N5.62trn in 2022 Despite Foreign Investors’ Exit

The stock market had to contend with factors such as foreign investors' exit and aggressive hike in the Monetary Policy…

2 years ago

Croatia Adopts Euro, Enters Borderless Europe Club

About 80 percent of bank deposits are denominated in euros and Zagreb's main trading partners are in the eurozone.

2 years ago

Regulator Vows to Sanction Marketers Breaching Nigeria’s Official Petrol Price

The NMDPRA said the sector is not yet deregulated and shut down seven defaulting depots.

2 years ago

US Stocks Sink in Worst Yearly Performance Since 2008

Key US indices saw their poorest performances since 2008, with the S&P 500 and Nasdaq both seeing double-digit drops over…

2 years ago