Business

Nigeria’s Deputy Oil Minister Lokpobiri Confirms Negotiations To End $1.3bn OML 245 Dispute

He said President Tinubu is eager for the bloc to resume production.

8 months ago

Nigeria Poised To Enhance Conducive Business Environment At Lekki Free Zone, Says VP Shettima

He said President Tinubu’s antecedents as a pro-business leader is a springboard that will galvanize the development of the area.

8 months ago

Edo State, InfraCorp, Others Seal N228bn Deal for Reconstruction of Benin-Asaba Expressway

Governor Obaseki described the partnership as a great financing model for unlocking infrastructure development in the country.

8 months ago

Otedola Appointed Board Chairman of FBN Holdings

He was elected after a meeting of the board of directors held on Jan 31 and succeeds Alhaji Ahmad Abdullahi.

8 months ago

Despite $64m Released By CBN, IATA Says Airlines Still Owed $700m By Nigeria 

"There's a considerable journey ahead in fully addressing the issue.This is exacerbated by the devaluation of the Nigerian Naira..."

8 months ago

South Africa’s Tourism Soars With 8.5 Million Visitors In 2023, 48.9% Increase From 2022

Tourism Minister De Lille said that such growth can be continued by removing obstacles in the industry.

8 months ago

Nigeria’s Central Bank Completes Payment Of ‘All Verified FX Claims’ Due To Airlines

The apex bank's office relocation directive has taken effect as staff have reportedly resumed in Lagos.

8 months ago

IMF Sees Room For Rate Cuts In Asia, Urges Clarity In China’s Property Fixes

“Average inflation in Asia fell to 2.6% in 2023 from 3.8% in 2022, with particularly swift progress in emerging economies.”

8 months ago

In Unusual Occurrence, Naira’s Official Exchange Rate Surpasses Parallel Market Price, Trades At N1,482/$1

Tuesday's parallel market rate stayed the same as Monday at N1,460/$1.

8 months ago