Festus Keyamo, Minister of Aviation and Aerospace Development, has announced that local airline operator Air Peace will begin flights between Abuja and London very soon. Keyamo,…
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All the latest business news in Nigeria
Nigeria’s government has revoked 924 dormant mining titles with immediate effect and it is urging investors to apply for the licences. The country’s Minister of Mines…
The naira slumped further against the United States dollar at the official market on Tuesday, closing at 1,300 per dollar. This came as the Central Bank…
As a result of the large sizes of the power distribution companies in Nigeria, the Federal Government declared on Monday that is in the process of…
The Nigerian National Petroleum Company Limited (NNPC) has announced that a Joint Venture partner, Newcross Exploration and Production Ltd has successfully resumed operations at the Awoba…
Confirmed reports indicate that the Port Harcourt Refining Company in Rivers State is gearing up to release petroleum products, with a projected price of N500 per…
The fleeing Binance executive, Nadeem Anjarwalla, who escaped from custody in Nigeria, weeks ago has been detained by the Kenya Police Service and he is expected…
The Nigeria Customs Service (NCS) has reduced the exchange rate for import duties collection from N1238.1 to the dollar to N1,147 per dollar in a reflection…
Central Bank Governor, Olayemi Cardoso has clarified that the significant depletion of the country’s foreign reserves was as a result of the repayment of a backlog…
In the wake of the country’s dwindling oil revenue, the Federal Government of Nigeria says it will have no choice but to take back idle oil…