Ebun Fancis The Federal Government on Thursday came to the rescue of distressed Arik Airlines by injecting funds into the organisation through the Asset Management company of Nigeria, Amcon. According…
Read More Nigerian govt takes over distressed Arik Airline
With agency report Foreign investors attending the federal government’s international road show on the upcoming $1 billion Eurobond are seeking interest rate (yield) of above seven percent on the bond.…
Read More Foreign investors seek 7% yield on Nigeria’s Eurobond
Chidi Samuel The Senate on Wednesday refuted the claims by Mr Rotimi Amaechi, the Minister of Transport that the National Assembly was yet to approve loans that would be used…
Read More Rotimi Amechi lied to Nigerians- Senate
Ethopian Airlines says it has not been able to repatriate about $220m from Nigeria, Egypt and some African countries. The airline attributed this development to foreign exchange shortages in the…
Read More We have $220m stuck in Nigeria, Egypt, says Ethopian Airlines
Nigeria has set new measures on the platform of Economic Recovery and Growth Plan (ERGP) to recover the economy from recession. Budget and National Planning minister Udo Udoma announced the…
Read More Nigeria plans to salvage economy
