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Category: Economy

Business Economy headline

Court bars FG from selling Nigeria Air’s shares to Ethiopian Airlines

Iheanyi Ejiofor November 15, 2022 No Comments #Ethiopian airline#Nigeria air

A federal high court in Lagos on Wednesday barred the federal government from selling the shares of Nigeria Air to Ethiopian Airlines. The temporary injunction was given in a suit…

Read More Court bars FG from selling Nigeria Air’s shares to Ethiopian Airlines
Business Economy headline

Soaring food prices pushes Nigeria’s inflation rate to 21.09%

Iheanyi Ejiofor November 15, 2022 No Comments #Consumer Price Index#food inflation#Inflation #rate

Our reporter| Nigeria’s inflation rate rose to 21.09 percent in October 2022, up from 20.77 percent in the previous month. According to the National Bureau of Statistics (NBS) report released…

Read More Soaring food prices pushes Nigeria’s inflation rate to 21.09%
Business Economy headline

Credible journalism can influence credible elections – Danbatta

Iheanyi Ejiofor November 13, 2022 No Comments

As the campaigns and build-up to the 2023 general elections thicken, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said that the media…

Read More Credible journalism can influence credible elections – Danbatta
Business Economy headline

Court rejects Nigeria’s compensation request against Eni, Shell

Iheanyi Ejiofor November 11, 2022 No Comments #compensation request#Nigeria#ShellENI

An appeals court in Milan on Friday rejected Nigeria’s $1.092 billion compensation request against Italian energy group Eni SpA and Shell Plc in civil proceedings relating to a $1.3 billion…

Read More Court rejects Nigeria’s compensation request against Eni, Shell
Business Economy headline

NCC convenes stakeholder forum on December 5G auction

Iheanyi Ejiofor November 11, 2022 No Comments #5G auction#NCC

The proposed auction of two lots in the 3.5GHz Spectrum for the deployment of 5G services, set to take place in December 2022, is gathering steam and the Nigerian Communications…

Read More NCC convenes stakeholder forum on December 5G auction

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