The Federal Executive Council (FEC) has approved that Nigeria Air should lease three Airbus and Boeing aircraft to start operations. The Minister of Aviation, Senator Hadi Sirika, announced this Wednesday, July …
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- AfricaNewsNigeriaTransportation & LogisiticsWestern Africa
The Africa Finance Corporation (AFC) says it is in talks with the Angolan government to provide a $1 billion funding commitment to support the country’s rail, power and natural resources …
- AfricaBusinessNewsNigeriaTransportation & LogisiticsWestern Africa
Airlines cut flights as aviation fuel price skyrockets
Airlines operating in Nigeria have resorted to cutting flight schedules on major routes in the country as a result of the shortage and lingering scarcity of jet gas being experienced …
Nigeria’s debt service ratio has been ranked the worst in the world by the Economist Intelligence Unit (EIU), the world leader in global business intelligence. Analysts at the EIU in a …
- AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
CBN governor, Godwin Emefiele gets summoned by senate over Naira depreciation
Godwin Emefiele, the governor of the Central Bank of Nigeria has been summoned by senate over the constant depreciation of the naira. Reports revealed a United States dollar is exchanged …
The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by Peoples Gazette on Wednesday showed the …
Google has announced the relaunch of Google Maps feature, Street View, in India after many years of rejection. The Street View feature will allow users to explore an area through 360-degree …
The Nigerian Export Promotion Council (NEPC) says it has issued licences to thirteen domestic export warehouse (DEW) operators across all geopolitical zones in the country. Ezra Yakusak, executive director/CEO, NEPC, said this …
The Federation Account Allocation Committee (FAAC) has shared a total sum of N802.407 billion being revenue that was generated in June 2022 to the federal government, states and local governments …
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Ericsson completes acquisition of Vonage
Ericsson has completed its acquisition of Vonage Holdings Corp. (Vonage), supporting Ericsson’s strategy to leverage technology leadership to grow its mobile network business and expand into enterprise. The acquisition provides …