Foreigners Buy Turkish Homes at Record Pace as Lira Slides
Turkish house sales to foreigners jumped nearly 50% to a record level in November, data showed on Tuesday, bringing in billions of dollars in foreign exchange as a lira slump
Turkish house sales to foreigners jumped nearly 50% to a record level in November, data showed on Tuesday, bringing in billions of dollars in foreign exchange as a lira slump
The United Arab Emirates (UAE) has increased the number of flight slots given to Nigerian flag carrier Air Peace to seven per week from an initial one per week. It
Nigeria’s federal government on Monday earned a total of $547.2 million as MTN Nigeria and Mafab Communications Ltd emerged winners of the keenly contested 3.5 GHz spectrum auction for 5G
Nigeria has regained its top position among crude oil producing countries in Africa with crude oil production averaging 1.27 million barrels per day in November, according to the latest monthly
Elon Musk has been named Time’s 2021 Person of the Year. Musk, the richest person on Earth, is the CEO of the aerospace company SpaceX and electronic car company Tesla.
Apple Inc’s market value hovered just shy of the $3 trillion mark on Monday, following a stunning run over the past decade that has turned it into the world’s most
The United Arab Emirates (UAE) which earlier Monday issued a directive to airlines that operate to Dubai from Nigeria not to fly passengers from the West African countries to the
Bitcoin rose on Sunday to reclaim levels above $50,000. The world’s biggest and best-known cryptocurrency gained 2.11% to $50,445.34 at 1803 GMT on Sunday, adding $1,044.80 to its previous close.
The United Arab Emirates (UAE) General Civil Aviation Authority (GCAA) has written the Minister of Aviation, Senator Hadi Sirika, begging the Nigerian government to restore Emirates Airline’s 21 weekly flights
Emirates has announced the suspension of its operations into Nigeria. The move was made following the retaliatory action taken by the federal government of Nigeria to reduce an earlier 21
Nigeria’s billionaire magnate and chair of Geregu Power Plc Femi Otedola has acquired a further interest in FBN Holdings Plc, the parent company of Nigeria’s oldest lender First Bank, an
In a move signalling reciprocity of action, Nigeria’s government, on Thursday reduced Emirates flights to the country, both Lagos and Abuja, from daily to once weekly which would be only
Royal Dutch Shell PLC shareholders were expected to vote on Friday to approve a plan to get rid of the company’s dual share structure and move its headquarters to London
Minister of State for Petroleum Resources, Chief Timipre Sylva, has restated that the Petroleum Industry Act (PIA) will enhance energy growth and sustainability in Nigeria. Speaking as a participant at
It’s an idyllic but tiny volcanic group of islands that have produced a beautiful environment off the coast of West Africa. But what do we really know about the democratic
Aiteo, operator of the Nigerian National Petroleum Corporation/Aiteo Joint Venture (JV), Oil Mining Lease (OML) 29, yesterday finally succeeded in shutting down the leak on its Santa Barbara wellhead in
Italy’s antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance. In a statement the watchdog said Amazon had
Tuesday, Nigerians woke to the good news that the world’s digital infrastructure company, Equinix, was in the process of acquiring MainOne, a West African data centre and connectivity solutions provider,
Justice Inyang Ekwo of the Federal High Court, Abuja, on Tuesday adjourned till December 13, for hearing in a motion seeking to temporarily halt the federal government from deducting funds
Global leading rating agency, Standard & Poor’s has affirmed Nigeria’s sovereign credit rating at B+ and revised its outlook from negative to stable. This comes about a week after another
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