Flights to South-South most expensive – NBS
The National Bureau of Statistics ranked flights to the South-South as the most expensive of all geopolitical zones in the country. According to recent NBS fare watch data, the average…
Why Islamic bank approved $1.8bn for Nigerian projects
The Islamic Development Bank has revealed why the institution approved the sum of $1.8bn for Nigeria for Nigerian projects. According to The PUNCH, the President of the Saudi-based bank, Dr…
Honda boosts food production with new mechanised equipment
Honda Manufacturing Nigeria Limited, over the weekend, launched a piece of agricultural equipment that would increase farmers’ yield as well as make large-scale farming efficient, in order to attain self-sufficiency…
SMEs lament multiple taxes, poor power supply
Stakeholders in the Small and Medium-Scale Enterprises segment of the economy have lamented that lack of adequate power supply and multiple taxes are major issues strangling the growth of SMEs…
Energy transition: Osinbajo meets Siemens officials
Vice President Yemi Osinbajo says the Federal Government looks forward to partnering with energy companies and other key stakeholders around the world in delivering its Energy Transition Plan. Osinbajo’s spokesman,…
Buhari launches Pinnacle’s $1bn terminal at LFTZ
The President, Major General Muhammadu Buhari (ret'd) inaugurated the Pinnacle Oil and Gas FZE Terminal in Lekki Free Trade Zone of Lagos on Saturday saying the operations of the facility…
Petrol cost average N191.65 per litre September– NBS
The National Bureau of Statistics on Saturday revealed that consumers paid an average of N191.65 for a litre of petrol in September. According to The News Agency of Nigeria, as…
Cooking gas prcie rose 60% one year – NBS
A report from the National Bureau of Statistics has revealed that the price of cooking gas soared by 60 per cent in one year. The News Agency of Nigeria reported…
Polaris Bank announces new board
Strategic Capital Investment has appointed a new board of directors, just 24 hours after announcing the acquisition of Polaris Bank. The newly appointed board members will be in charge of…
Why we lost our most-valued crude oil customers – FG
The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has revealed why the country lost its most valued crude oil customers. FG on Thursday…
CBN sells Polaris Bank N50bn
Strategic Capital Investment Limited has completed the acquisition of the entire Polaris Bank shares for N50 billion. The Central Bank of Nigeria which announced the sale of the bank in…
Tariff hike: Telcos fume as FG orders reversal
The decision of the Federal Government to order a reversal of the recent 10 per cent tarrif hike has left telecommunication companies fuming. By implication, Telcos like MTN Nigeria…
