Tochukwu Chukwu
- Business , News
- January 20, 2021
- 141 views
FG to pay 24.3 million poor Nigerians N729bn, says minister
The Federal Government on Tuesday said about 24.3 million poor Nigerians would get N5,000 each for a period of six months. This translates to N729bn within the six-month period. Minister…
- Business , News , Politics
- January 19, 2021
- 180 views
Telcos submit 43 million NINs to NIMC for verification
Allays fears of blocking unlinked SIMs NIMC registers 2 million more, NINs holders rise to 45 million About 43 million National Identity Numbers have been submitted by telecommunication companies to…
- Business , News
- January 18, 2021
- 245 views
Dangote completes Nigeria’s longest concrete road
The Dangote Group says it has completed Nigeria’s longest rigid pavement located in Kogi State. According to a statement issued by the group on Sunday, the 43KM Obajana-Kabba road constructed…
- Business , News
- January 17, 2021
- 143 views
AMCON to float international airline with Arik, Aero planes
The Asset Management Corporation of Nigeria has reached an advanced stage towards launching a multibillion naira airline by pooling together its aviation assets especially planes in debt-ridden Arik Air and Aerocontactors Airlines.…
UgamatvCOVID-19: Emirates stops flights to three major Australian cities
Emirates has suspended flights to Australia’s three largest cities as the country further restricts international arrivals over fears of new virus strains. The Dubai-based carrier was one of the last…
- Business , News
- January 16, 2021
- 169 views
Elumelu’s firm buys IOCs’ stakes in oil block for $1.1bn
Three international oil companies operating in Nigeria have sold their combined 45 per cent interest in Oil Mining Lease 17 and related assets in the Eastern Niger Delta to TNOG…
- Business , News
- January 15, 2021
- 173 views
Nigeria’s daily oil production sinks to 1.17 million barrels
Crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December amid the production cuts by the Organisation of the Petroleum Exporting Countries and its allies.…
- Business , News
- January 14, 2021
- 150 views
CBN procedures creating bottlenecks for exports – Exporters
The pre-export requirements recently introduced by the Central Bank of Nigeria is currently frustrating the export of goods from Nigeria to other nations, exporters declared on Wednesday. Speaking under the…
- Business , Culture , News
- January 13, 2021
- 146 views
Oil rises above $56 on tight supply expectations
The international oil benchmark, Brent crude, rose above $56 per barrel on Tuesday, buoyed by Saudi Arabia’s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail…
- Business , News
- January 13, 2021
- 140 views
Naira slumps further, exchanges for 473/$
The naira suffered further setback at the parallel market and Investors and Exporters forex window on Tuesday. According to figures obtained from Bureau De Change operators, the naira exchanged to…
