NSIB launches investigation into FlyBird aircraft incident
The Nigerian Safety Investigation Bureau has initiated an investigation into a serious incident involving a FlyBird HS 125 aircraft, registration number 5NKAL.…
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NGX gains N18.2trn despite economic challenges, rising interest rates
The Nigerian equities market has demonstrated resilience, with the Nigerian Exchange Limited listing N8.1 trillion worth of shares from January to November…
Crude prices rise after Syrian president’s regime collapse
Oil prices rose on Monday amid heightened uncertainty in the Middle East following the fall of Syrian President Bashar al-Assad’s regime. Brent…
Avoid publicly sharing account numbers, Moniepoint MD warns Nigerians
The Managing Director of Moniepoint Microfinance Bank, Babatunde Olofin, has warned Nigerians about the risks of sharing their account numbers publicly, particularly…
Oando boosts oil production by 50%
Oando Plc reported a nearly 50% increase in its crude oil production over the past three months. This surge follows its acquisition…
FG to prioritize digital skills training for unemployed youths – Minister
The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, stated that the federal government’s priority is to speed up the training…
Marketers start direct petrol loading from Dangote refinery
The Independent Petroleum Marketers Association of Nigeria has started lifting Premium Motor Spirit from the Dangote Petroleum Refinery. This comes after an…
Keyamo blasts FCCPC for Air Peace pricing statement
The Minister of Aviation and Aerospace Development, Festus Keyamo, criticized the Federal Competition and Consumer Protection Commission for publicly questioning Air Peace’s…
Brent crude prices drop to $71 as Saudi Aramco cuts prices
Global oil prices, tracked by Brent futures, have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s state-owned…
Chappal Energies completes $1.2bn acquisition of Equinor Nigeria oil asset
Chappal Energies has successfully finalized the acquisition of Equinor Nigeria Energy Company, a subsidiary of Norway’s Equinor ASA. The deal, first announced…
Port concession policy threatens local bonded terminals, Operators warn
The Association of Bonded Terminal Operators of Nigeria has raised concerns about the negative impact of the 2006 port concession policy on…
FG allocates ₦700bn for presidential metering initiative
The Federal Government has allocated ₦700 billion from the federation account for the Presidential Metering Initiative, according to the Special Adviser to…