Business

Naira Gains To N1,459 On Official FX Window, Declines To N1,540 On Parallel Market

The Naira’s highest spot trading rate observed on Wednesday stood at N1,593/$, with the lowest spot rate recorded at N1,401/$

5 months ago

Mustapha Audu: Leapfrogging Towards Electric Vehicles Is Way Forward For Nigeria, Not CNG

Mustapha Audu says transitioning to electric vehicles is the way forward for Nigeria, as CNG-based technology will soon be obsolete.

5 months ago

Nigeria’s Inflation Rate Rises To 33.69%

Nigeria's headline inflation rate climbed to 33.69% in April 2024, up from 33.20% in March 2024.

5 months ago

Macron Appoints Aig-Imoukhuede to Lead France Nigeria Business Council

Access Holdings Plc Chairman, Aigboje Aig-Imoukhuede, has been appointed President of the France Nigeria Business Council, succeeding late Herbert Wigwe.

5 months ago

Cross River State Signs $3.5 Billion Infrastructure Deal with Afreximbank For Bakassi Deep Seaport

Cross River’s Governor Otu has secured $3.5 billion in funding from Afreximbank for deep seaport and superhighway infrastructure projects.

5 months ago

Again, NUPRC Commits To Fairness, Transparency In 2024 Oil Block Bid Round

NUPRC CEO Komolafe has assured transparency in the 2024 oil block bid round, underscoring the opportunity to stimulate economic growth.

5 months ago

Naira Dips To N1,520.40/$1 On Official Window, N1,535/$1 On Parallel Market

NACCIMA President Oye says the depreciation of the Naira has a significant impact on import costs and inflation.

5 months ago

Victory For GHL As Court Stops Norwegian Company, Dolphin Drilling, From Removing Rig From Nigeria

Norwegian company, Dolphin Drilling Limited, has been temporarily restrained by a court from removing a rig from Nigeria

5 months ago

Keyamo Urges Equitable Pricing For Nigerian Travellers During Meeting With Air France-KLM

Aviation Minister Keyamo has reaffirmed the government's commitment to collaboration with airlines to enhance travel accessibility and affordability in Nigeria.

5 months ago

Tony Elumelu Highlights Africa’s Healthcare Challenges, Says Global Health Depends On African Health Systems

Tony Elumelu says renewable energy sectors should tackle Africa’s energy deficiencies to enhance healthcare delivery.

5 months ago