BUSINESS
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FG drops $793.2m suit against Skye bank, First bank, others
The federal government on Tuesday filed a notice of discontinuance of the suit it filed against seven commercial banks seeking…
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Abuja-Kaduna rail line generating N1m daily, says Amaechi
The Minister of Transportation, Mr Rotimi Amaechi during an interview with the News Agency of Nigeria (NAN) on Tuesday in…
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Russian firm signs MoU with GPHCDA
A multi-billion naira ultra-modern spare parts and automobile centre would soon be constructed in the Greater Port Harcourt City, Rivers…
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Broker to FG: Grant tax relief to industries operating in Nigeria
An Abuja-based insurance broker, Chief Angus Uzoamaka, has urged the Federal Government to consider tax relief for industries operating in…
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NIMASA plans for successful coastal, inland trade regime, introduces new cabotage policy
The Nigerian Maritime Administration and Safety Agency (NIMASA) said it had introduced new Cabotage Compliance Strategy (NCCS) for a successful…
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AfDB pledges to provide $1.2bn for Ghana-Cote d’Ivoire cocoa plan
The African Development Bank says it is willing to provide 1.2 billion dollars to finance plans by Cote d’ Ivoire…
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After turbulent 2016, MTN Nigeria set to make profit again
Africa’s biggest mobile phone operator, MTN Group, says it has moved away from a turbulent 2016 that highlighted the risks…
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Nigeria’s oil output to rise by 200,000 bpd in 2018- Total
The Managing Director/Chief Executive Officer Total upstream companies in Nigeria, Mr Nicolas Terraz, on Wednesday said that the firm would…
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IATA: Global air freight post strongest first-half growth in 7 years
Due to a surge in global trade, demand for global air freight rose 11 per cent in June lifting first-half…
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Complete your refinery before Dec 2019, FG urges Dangote
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, during his visit to the site of the Dangote refinery…
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