The cost of servicing debt exceeded the Federal Government’s retained revenue by N310 billion in the first four months of this year, a report of its...
Dana Airlines has reacted to the suspension of its flight operations by the regulatory authority, saying it will come out the situation stronger. It said this...
The Federal Government is projecting to spend N6.72 trillion on subsidy for Premium Motor Spirit (PMS) otherwise called petrol for the 2023 fiscal year. The projected...
States and individuals interested in generating and distributing electricity now have the legal backing to do so as the Senate on Wednesday passed the Electricity Bill...
The Nigerian Civil Aviation Authority has announced the indefinite suspension of Dana Airlines’ Air Transport Licence (ATL) and Air Operator Certificate (AOC). The NCAA disclosed this...
Nigeria’s major food, bread, may not be available from tomorrow as breadmakers are set to embark on a four-day nationwide strike beginning from Thursday. For about...
The Nigerian National Petroleum Company Limited has said it did not direct marketers to fix a new ex-depot price and pump price of petrol. The oil...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 14%. The Chairman of the committee...
Aero Contractors has announced the suspension of its flight operations over aircraft maint, fuel, forex issues, among other economic crises. In a statement, the airline said...
The euro has dropped below the dollar for the first time in about 20 years as the Russia-Ukraine war pushes the single currency down. A single...