Business

Arik Air Grounded By Aviation Minister Keyamo After Court-Mandated Assets Sale; AMCON, NAMA React

Aviation Minister Keyamo has ordered the grounding of Arik Air operations due to a recent court order for asset sales…

2 months ago

Nigeria Customs Service Generates N2.74tn in First Half of 2024, Exceeding Target by 8%

NCS has reported N2.74 trillion revenue in H1 2024, surpassing targets by 8%, with e-auctions and duty windows boosting growth.

2 months ago

Toyota Chairman Akio Toyoda Faces Uncertain Future As Shareholder Support Wanes

Toyota Chairman Akio Toyoda’s future uncertain as shareholder support fell to 72%, lowest in company history, amid testing violations concerns.

2 months ago

Oluwole Adelokun: Dangote Refinery Not A Silver Bullet For Inflation, Fuel Scarcity

KPMG West Africa Economist, Adelokun has implored government to take bold steps to address Nigeria's food cost challenges effectively.

2 months ago

US Federal Reserve Expected To Hold Interest Rates Steady, But Opens Door To Cuts As Inflation Eases

Policymakers have been encouraged by easing price pressures, as headline inflation nears Fed's target, suggesting an interest rate cut.

2 months ago

Jimoh Oyibo: Banning Sachet Liquor A Lazy Solution, NAFDAC Should Regulate And Control Access

Jimoh Oyibo says Tinubu should hold NAFDAC’s Director General accountable for banning sachet liquor.

2 months ago

Angry Crowds Flood  MTN Offices Across Nigeria  Over Barred Lines

Tension is raised further in Nigeria as angry citizens flood MTN offices across the country over disconnected lines.

2 months ago

Heineken Reports 12.5% Rise In Half-Year Operating Profit, Misses Analysts’ Estimates

Heineken's half-year results have shown 12.5% profit, falling short of estimates, with a $948 million China resources impairment charge.

2 months ago

Fitch: Nigeria’s Inflation Peaks, To Moderate Below 25% By Year-end

Fitch Solutions has projected that Nigeria’s inflation will moderate to below 25% by end of 2024 after peaking at 34.19%

2 months ago

SERAP Sues CBN Over Missing N100 Billion Missing Notes, Unaccounted Loans

SERAP has sued CBN over unaccounted N100bn dirty notes and other funds, emphasising that recovering missing funds would serve public…

2 months ago