BUSINESS
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Arik Air suspends flight operations to London, Johannesburg
Passengers flying to Johannesburg and London can no longer use Arik Air, as the airline announced suspension of flight operations…
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A total sum of N5.24trn ‘mopped up’ into TSA- FG
While speaking at the opening session of a two-day retreat on TSA on Tuesday, the accountant-general of the federation, Ali…
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South African investor buys more Zenith, Access shares
Allan Gray Ltd., the largest manager of non-government investment funds in Africa, has increased its stake in Nigerian Zenith and…
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Oil prices fall on concerns over Iraq, US
Oil prices dipped on Wednesday over concerns that OPEC producers would not be able to maintain their high compliance so…
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US government to invest $1b into Nigeria’s power sector
Power Africa, an initiative by the US government to light up Africa, on Tuesday said it was planning to invest…
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Bad money chases away good money, Says Former CBN Dep Governor
A former Deputy Governor of Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia, has disclosed that twenty per cent of…
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Arik Air appoints KPMG to Undertake Forensic Audit of its finances
The media consultant to the Asset Management Corporation of Nigeria (AMCON), through a statement issued by Simon Tumba of SY&T…
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Aero contractors set to resume flights, appoints new CEO
Aero Contractors, Nigeria’s oldest private airline will soon be back in operation. Its new owners, the Assets Management Company of…
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New Tomato Paste Factory Set to Open In Kastina
Katsina State government has awarded a N500 million contract for a Tomato Paste Processing Plant at Kokami Village, Danja Local…
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Governor Ambode Sanctions Increase In BRT & LAGBUS Fares
The Lagos State Governor, Akinwunmi Ambode, has approved fare increase for Bus Rapid Transit (BRT) and LAGBUS and this change…
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