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Category: Economy

Business Economy

NNPC Chief, Mele Kyari bags Energy Times’ GCEO of the year award

Iheanyi Ejiofor April 23, 2024 No Comments #Gas#NNPCMele Kyari

  …Pledges to transform Nigeria into a gas-powered nation Group Chief Executive Officer, NNPC Ltd, Mr. Mele Kyari has been honoured with the Energy Times’ GCEO of the Year Award…

Read More NNPC Chief, Mele Kyari bags Energy Times’ GCEO of the year award
Business Economy headline

Nigeria seeking up to $2.25bn in World Bank loans

Iheanyi Ejiofor April 23, 2024 No Comments #Loan#Wale Edun#World Bank

Nigeria is seeking up to $2.25 billion in World Bank loans and expects the bank’s board to approve the request in June, the government said in a statement following the…

Read More Nigeria seeking up to $2.25bn in World Bank loans
Business Economy headline

FCCPC seals, probes Abuja Chinese supermarket where Nigerians are barred from shopping

Iheanyi Ejiofor April 22, 2024 No Comments #FCCP#FCCPC

The Federal Competition and Consumer Protection Commission (FCCPC) has summoned the owners of a Chinese supermarket, Royal Choice, in Abuja for allegedly refusing to sell to Nigerians. Royal Choice, located…

Read More FCCPC seals, probes Abuja Chinese supermarket where Nigerians are barred from shopping
Business Economy headline

We are working to stabilise FX rate but there’ll be ups and downs – Cardoso

Iheanyi Ejiofor April 22, 2024 No Comments #Cardoso#FX rate

Our reporter/ The Central Bank of Nigeria Governor, Yemi Cardoso, has said that the volatility in the foreign exchange (FX) rate cannot end overnight, adding that there will be continuous…

Read More We are working to stabilise FX rate but there’ll be ups and downs – Cardoso
Business Economy headline

Why airlines are avoiding Nigeria’s airspace – NAMA

Iheanyi Ejiofor April 21, 2024 No Comments #Nigeria's airspace

Many airlines are avoiding Nigeria’s airspace because of difficulties encountered in communication with air traffic controllers, the Nigerian Airspace Management Agency confirmed on Sunday in Lagos. The NEMA Managing Director,…

Read More Why airlines are avoiding Nigeria’s airspace – NAMA

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