The Nigerian Civil Aviation Authority has suspended the Air Operators Certificate of Dana Air.
The Nigerian Civil Aviation Authority (NCAA) has taken swift action following an incident involving a Dana Air plane at the...
Business
Oyo Clamps Down on Advertising Practitioners, Third-party Agents, Laments Over N650Million Debt
The Director-General of OYSAA, Mr. Oludolapo Eso-Ajanaku, speaking after a recent enforcement exercise in Ibadan, announced strict measures against advertising...
Emefiele printed N684.5m with N18.9bn, says EFCC in fresh charge
The EFCC has accused Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), of various offenses related...
Dangote Petroleum Refinery Reduces Diesel Price To N1000
Dangote Petroleum Refinery has slashed the price of diesel to N1000 per liter, marking a further reduction from its initial...
Nigeria’s inflation hits 33.20% amid high food pricesThe food inflation rate in March 2024 quickened to 40.01 per cent on a year-on-year basis
Inflation The National Bureau of Statistics (NBS) announced that Nigeria's annual inflation rate surged to 33.20% in March, up from...
CBN’s Recapitalisation Plan Applauded, But Caution Advised for Smooth Transition
The Centre for the Promotion of Private Enterprise (CPPE) has urged careful implementation of the proposed bank recapitalisation to prevent...
Air Peace Revives Nigeria-UK Air Service Agreement with London Direct Flight
After a six-year hiatus, Nigerian carrier Air Peace has reactivated the bilateral air service agreement (BASA) between Nigeria and the...
CBN Attracts $1.5 Billion into Economy, MAN Raises Alarm Over Impact on Manufacturing Sector
The Manufacturers Association of Nigeria (MAN) has expressed deep concern over the recent decisions of the Monetary Policy Committee (MPC),...
Federal Government Announces Delay in Port Harcourt-Aba Rail Line Operations
The Federal Government has adjusted the commencement date for operations on the Port Harcourt-Aba rail line, with Minister of Transportation,...
CBN Slashes Customs Exchange Rate to 8-Week Low, Reflecting Naira’s Appreciation
The Central Bank of Nigeria (CBN) has made a significant move by reducing the exchange rate for customs import duties...