BUSINESS
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FIRS Generates N2.11tr in 7 months
The Federal Inland Revenue Service (FIRS), through tax collections, generated the sum of N2.11 trillion as revenue from January to…
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Total sells 15 percent Norwegian assets to Kuwait
French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to…
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Sustained supply of petrol, gas, crashes products’ prices nationwide, says NNPC
The Nigerian National Petroleum Corporation (NNPC), on Sunday, said its sustained, strategic intervention in the supply and distribution of petroleum…
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Fuel prices go up as petrol shortage hits America
United States has been hit by petrol or gasoline shortage as the effect of Tropical Storm Harvey and the flood…
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Naira closes at N362 in anticipation of Sallah celebration
In anticipation of Sallah holiday, the Naira on Thursday closed at N362 to a dollar as supply by CBN improves.This…
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Ethiopian Airline plans to take over Arik Air
Africa’s leading airline, Ethiopian Airlines has submitted a formal offer to take charge of troubled carrier Arik Air, which accounts…
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Airport facilities ready for Sallah rush –says FAAN
The Federal Airports Authority of Nigeria (FAAN) on Wednesday assured all airport users that its facilities were fully ready to…
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Foreign airlines raise ticket fares over new dollar exchange rate
The international airfares from Lagos to various destinations across the globe have recorded a further increase following the announcement of…
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Nigeria’s oil sector launches $200m local content intervention fund
A $200 million (N61 billion) fund to finance contracts obtained by Nigerian firms working in the oil and gas sector…
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Telecom Operators lament over loss of subscribers in porting activities
Although the excitement over number portability may be waning, nonetheless, Mobile Network Operators (MNOs) has lamented over the continuous loss…
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