Arik Airline Resolves Aircraft Insurance Renewal Issues, Resumes Operations
The operation of Arik Air was on Tuesday disrupted due to aircraft insurance renewal, leaving its passengers stranded across airports in the country. However, the...
Arik Airline Reportedly Shuts down Operation, Leaves Passengers Stranded
Passengers of Arik Airline are stranded across different airports in the country as a result of suspension of operations by the company. An official at...
Farmers Association Says Nigeria Can Generate N20trn from Cassava
Pastor Segun Adewumi, the National President, Nigeria Cassava Growers Association says cassava can generate over N20 trillion for the country, annually if adequately utilised. Adewumi...
Naira Bounces Back After Days in ‘Recession’
The naira opened strong on Monday, recovering from last week’s record low of N425 per dollar at the parallel market. The interbank market also experienced...
Nestle, Airtel, LCCI Others Discuss How to Fix Economy Nigeria’s Economy
Business leaders and chief executives of major companies across the key sectors of the economy yesterday stressed the need for the Federal Government to address...
CBAN: Banks to Accept Movable Assets as Collateral
The Credit Bureau Association of Nigeria (CBAN), Central Bank of Nigeria (CBN) and International Finance Corporation (IFC) are working towards improving access to loan facilities...
Sanusi Advises Buhari: Remove Subsidies, Fix Power to Improve Nigeria’s Economy
Emir of Kano and former Governor of Central Bank of Nigeria (CBN), Muhammad Sanusi, said that until the Buhari-led administration removes subsidies, fixes the...
Naira Declines to N409 on Black Market Following the Suspension of Banks from Forex Transaction
Nigeria’s naira on Thursday declined to N409 to the dollar on the black market, compared to N402 the previous day, after the suspension of some Nigerian...
PAN: $9bn Dangote Investment Will Boost Manufacturing Sector In Nigeria
The General Manager Operations, PAN Nigeria, Engr Augustine Ikebudu Okolo, has disclosed that the investment of Dangote Group in petroleum refining, petrochemical and fertiliser plant...
Central Bank of Nigeria Bars Nine Banks From Forex Transaction
The Central Bank of Nigeria (CBN) on Tuesday barred nine commercial banks from all foreign exchange transactions. According to THISDAY, this was because they failed to...