Business

Most Nigerian highways have expired, need reconstruction, says FERMA

The Federal Road Maintenance Agency (FERMA) says many of nation's highways have exceeded their lifespan and urgently need reconstruction. Managing…

4 years ago

Dollar Selloff Temporary, Be Wary In Coming Weeks — Analysts

The appreciation of the naira wit­nessed in the black market segment of the foreign exchange market to­wards the end of…

4 years ago

We have not fixed Nov 24 for resumption of Abuja-Kaduna train service – NRC

The Nigerian Railway Corporation says reports of Abuja-Kaduna rail service resuming on November 24 are not true and should be…

4 years ago

Nigeria Offers Concession On $1.3bn China-Funded Hydro Power Plant

Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from…

4 years ago

Naira redesign: No charge on cash deposits, says CBN

As the Central Bank of Nigeria now allows banks to accept cash deposits above the previously set limit of N500,000,…

4 years ago

Naira records major gain against dollar, sells for N680/$

The naira on Saturday recorded a major gain against the dollar, closing at N680/$ at the parallel market in a…

4 years ago

UNILAG-Nord auto plant partnership excites FG, Mamora offers support

Minister of Science, Technology and Innovation, Senator Olorunnimbe Mamora, has expressed excitement over the establishment of an auto assembly plant…

4 years ago

Relief as FAAN reopens Lagos airport runway after four months

The Federal Airport Authority Authority of Nigeria (FAAN) says it has reopened the domestic runway (18L/36R) of the Murtala Muhammed…

4 years ago

UNILAG-Nord auto plant set to make drones, inaugurates assembly factory

University of Lagos is set to manufacture drones in addition to assembling of vehicles, providing its engineering lecturers and students…

4 years ago

Naira stages a comeback as dollar crashes at parallel market to N730

The naira, which has been falling against major currencies in the past two weeks, has staged a comeback, recording gains…

4 years ago