Business

Nigerian Airline Owner Laments High Airport Charges, Says Ticket Prices Should Start from N150,000

United Nigeria’s COO Okonkwo said when these charges are put together, they increase the cost of flight tickets.

7 months ago

Anxiety As Naira Hits New Low, Drops to N1598/$1 at Official Market, Declines to N1,730 at Parallel Market

The official window recorded a daily turnover of $66.43 million on Monday.

7 months ago

Nigeria Gradually Reversing Investment Decline in Oil and Gas Industry, Says NUPRC Boss Komolafe

“The oil industry is now in an era where we would say that, there is certainty and attraction of investors'…

7 months ago

Nigeria, Ethiopia, Angola, Kenya Risk Social Unrest Over Energy, Commodity Prices, AfDB Warns

It however projected the continent’s economy to grow higher than the 3.2% recorded in 2023.

7 months ago

After $1.8bn Inflow Last Week, Cardoso Insists Nigeria’s Economy Has Positive Outlook

"I am confident that we will get out of this and the foreign exchange market will begin to moderate itself."

7 months ago

Nigerian Beverage and Liquor Dealers Groan Under Soaring Prices, Low Patronage

Notification of an upward price review has been issued by bottling companies.

8 months ago

Manufacturing, Banking Get Lion’s Share Of Foreign Investment into Nigeria In Q4 2023, Oil Sector Lags

The report also showed Lagos remained the top investment destination with 65.38% of total capital importation.

8 months ago

Naira Plunges By N105 In One Day, Hits N1,600/$1 At Parallel Market, Makes Gains At Official Market, Closes At 1,498

The parallel market reacted to the CBN's directives on FX with regards to PTA, BTA, and currency cash pooling.

8 months ago

Electricity Theft By Wealthy Nigerians Contributing To Illiquidity In Power Sector, Power Distribution Companies Allege

Their spokesman said Nigerians have the mentality that power supply should be a free social commodity.

8 months ago

CPI: Higher Food And Energy Prices Pushed Inflation To 29.90% In January

The CPPE said the rise in prices is putting pressure on manufacturers and aggravating poverty·

8 months ago