FCMB Group Plc recorded a profit before tax of N15.4 billion, a 73.2 per cent year-on-year growth compared to N8.9 billion in 2021 and double-digit growth across its business segments. …
The federal government of Nigeria says it will start implementing a five percent inclusive excise duty on telecommunications services in Nigeria. The development is coming months after President Muhammadu Buhari approved excise …
Ethiopian Airlines has already ordered 22 A350-900s, of which 16 aircraft have been delivered. With the A350-1000 upsizing, Ethiopian Airlines’ backlog consists of four A350-1000s and two A350-900s. The A350-1000 …
Addax Petroleum Development Nigeria workers have embarked on strike over anti-labor practices. Nigeria’s oil production may suffer a further decline of 22,000 barrels of oil per day as a result …
Orji Uzor Kalu, Chief Whip of the Senate, says Nigerians in the diaspora will soon be able to vote from their countries of residence. He spoke on Thursday in Maryland …
Nigeria’s excess crude fund has plunged to $376,655.09 at the end of June, from $35.37m in May, amid limited crude exports, biting fuel subsidies, piling debt and a struggling economy. …
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 …
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 …
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 …
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 …
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