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Category: Economy

Business Economy headline

Smuggling through Benin Republic crippling Nigeria’s economy- Dangote

Iheanyi Ejiofor July 21, 2018 headline

Ebun Francis| Africa’s richest man, Aliko Dangote, on Friday warned that smuggling through Benin Republic is crippling Nigeria’s economy and has asked the federal government to take drastic action against…

Read More Smuggling through Benin Republic crippling Nigeria’s economy- Dangote
Business Economy headline

Forex: CBN flags off SMIS in Chinese Yuan

Iheanyi Ejiofor July 20, 2018 headline

The Central Bank of Nigeria (CBN) on Friday, July 20, 2018, flagged off its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation of the…

Read More Forex: CBN flags off SMIS in Chinese Yuan
Economy headline

FAAC impasse continues as governors insist on inaccurate NNPC remittances

Iheanyi Ejiofor July 19, 2018 headline

  By Emeka Ejere The controversy that trailed the impasse in the Federation Accounts Allocation Committee (FAAC), took a new dimension on Wednesday as the Nigeria Governors’ Forum (NGF) insisted…

Read More FAAC impasse continues as governors insist on inaccurate NNPC remittances
Business Economy headline

Maerskline lied over holding bays – NPA

Iheanyi Ejiofor July 19, 2018 headline

The Nigerian Ports Authority (NPA) on Wednesday debunked claims by Maersk Nigeria Limited that it has four holding bays in compliance with the directive of the government agency. The NPA…

Read More Maerskline lied over holding bays – NPA
Economy headline

New National Carrier, Nigeria Air, unveiled, to commence operations December

Iheanyi Ejiofor July 18, 2018 headline

  By Emeka Ejere The Minister of State for Aviation, Hadi Sirika, has announced that Nigeria Air which is the National Carrier will commence operations from December 2018. He disclosed…

Read More New National Carrier, Nigeria Air, unveiled, to commence operations December

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