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Federal Government authorises Nigeria Air to lease aircraft to begin…
Nigeria Air has received approval from the Federal Executive Council to lease aircraft and begin operations.
Mr Hadi Sirika, the…
Nigeria’s Excess Crude Account drops from $35.7m to $376k
Nigeria’s Excess Crude Account (ECA) balance has reduced significantly from the $35.7 million as of June 2022 to $376,655.09 as at…
Seven ships with petrol, others waiting to berth at Lagos ports
The Nigerian Ports Authority (NPA) on Wednesday said seven ships that had arrived the ports were waiting to berth with petroleum…
IMF forecasts global recession as inflation soars across nations
The International Monetary Fund (IMF) has predicted the imminence of a global recession that could be driven by rising inflation…
No solution at hand yet for current aviation fuel crisis in Nigeria –…
The minister of Aviation, Hadi Sirika said there are no immediate solutions to the crises rocking Nigeria’s aviation sector…
Access Bank secures $280m funding commitment from US agency to support SMEs
Access Bank Plc has secured a $280 million funding commitment from the International Development Finance Corporation (DFC) to…
Buhari asks senate to confirm reappointment of four CBN directors
President Muhammadu Buhari has written to the senate to confirm the reappointment of four nominees as non-executive directors of…
NNPC reacts to reports of mass sacking in newly transited company
The Nigeria National Petroleum Company (NNPC) Limited has insisted that the company will not take law into its hand by sacking…
Nigerians spend $378m on tuition fees abroad in five months – CBN
Nigerians spent $378.77 million on foreign education between January and May 2022, according to figures from the Central Bank of…
FCMB posts N126bn as turnover in six months
First City Monument Bank (FCMB) on Monday posted its half year report for the period ended 30 June 2022. The report revealed year…