Business

Lagos motor fair begins today with 70 OEMs, others

After-sale service, auto finance and fleet management will feature prominently at the 16th Lagos Lagos Motor fair and Autoparts Expo…

4 years ago

Naira falls across markets •Forex reserves drop to $38.59 billion

Nigeria’S foreign reserves have dropped to $38.59 billion as the Central Bank of Nigeria (CBN) continued its currency float management…

4 years ago

Cooking gas demand falls by 38%, marketers clash over price

National cooking gas demand has dropped by 38 percent, according to the Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM.…

4 years ago

Nigeria approves Elon Musk’s Starlink internet service

The Federal Government has approved Elon Musk’s Starlink internet operated by SpaceX for use in Nigeria. The firm offers satellite…

4 years ago

Nigeria’s oil revenue not enough to cover petrol import costs – Finance minister

Nigeria’s revenue being generated from its low oil production cannot cover the cost of imported petrol, Minister of Finance, Budget…

4 years ago

No plane crashed in Lagos – FAAN, NEMA

Two government agencies, the Federal Airports Authority of Nigeria and National Emergency Management Agency, have dismissed reports of a fresh…

4 years ago

FG targets 1.4mbpd domestic refining before 2027

The Federal Government has disclosed plans to actualise 1.4 million barrels per day, mbpd, domestic refining of crude oil in…

4 years ago

Nigeria’s GDP grew by 3.11% in Q1 – NBS report

The National Bureau of Statistics has said the nation's gross domestic product (GDP) grew by 3.11 per cent in the…

4 years ago

Reps summon NPA, terminal operators over huge debt owed FG

The House of Representatives Public Accounts Committee has summoned the leadership of the Nigerian Ports Authority and seaport terminal operators…

4 years ago

Kaduna airport reopens for flight operations two months after attack

Kaduna airport reopens for flight operations — two months after attack The Kaduna airport has resumed flight operations two months…

4 years ago