Business
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Yuletide: Air Peace To Roll Out Multiple Flight Schedules
Following the frustration expressed by passengers over inadequate flights ahead of the yuletide festivities, Air Peace on Saturday vowed to deploy more flights in the next few days. It assured customers that…
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Naira weakens further as dollar sells for 478
The naira extended its decline on Wednesday at the parallel market as the United States dollar was sold for N478. The local currency, which traded at N475 per dollar on Tuesday, has…
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Naira plunges to 475 as dollar demand rises
The naira weakened further on Monday, trading at 475 to the United States dollar in the parallel market amid a rise in demand for the greenback. The local currency, which has come…
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FG exempts Dangote from border closure -Report
The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year.…
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Oil rises above $70 amid US, Iran face-off
Oil prices surpassed $70 per barrel on Monday for the first time in more than three months as the United States warned of increased threats to energy facilities in the Middle East…
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Mr Bigg’s rebrands in grand style
In its quest to remain in the hearts and minds of its old and prospective customers, Mr. Bigg’s, Nigeria’s pioneer quick service restaurant (QSR) has commenced what industry watchers have described as…
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MTN retires Dozie, five others
Telecoms giant, MTN has announced the retirement of its board chairman, Pascal Dozie and five other non-executive directors from the telco. In a note to the Nigerian Stock Exchange (NSE), it said…
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NNPC to supply 10 per cent of India’s crude oil
Despite competing demands for its crude oil from other countries, the Nigerian National Petroleum Corporation (NNPC) yesterday restated its commitment to sustaining the supply of 10 per cent of India’s crude oil…
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Naira gains marginally against dollar at parallel market
The Naira on Thursday gained marginally to the dollar at the parallel market in Lagos, exchanging at N358.5 to the dollar. The Pound Sterling and the Euro closed at N462 and N407,…
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GERC to construct 340km railway line in Ghana at $2.2bn — cost of 156km Lagos-Ibadan rail line
The Ghanaian- European Railway Consortium (GERC) has agreed to construct a 340km standard gauge railway line in Ghana at $2.2 billion, the same contract price as the 156km railway line between Lagos…
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Just In: Facebook Suspends 200 Applications Over Data Misuse
200 (Two Hundred Applications have been suspended on Facebook as part of an investigation into misuse of private user data , Facebook said yesterday. Facebook said that the investigation was launched after…