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…
Tochukwu Chukwu
- Business , News
- January 16, 2021
- 234 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
- 241 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
- 199 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
- 218 views
Oil rises above $56 on tight supply expectations
The international oil benchmark, Brent crude, rose above $56 per barrel on Tuesday, buoyed by Saudi Arabia’s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail…
- Business , News
- January 13, 2021
- 186 views
Naira slumps further, exchanges for 473/$
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…
Kano-Niger Republic rail: FG signs contract with firm
The Federal Government on Monday signed the contract papers for work to begin on the Kano-Maradi, Kano-Dutse railway project. Minister of Transportation, Chibuike Amaechi, disclosed this today, adding that the contractor,…
Capitol riot: Buhari asked to place travel ban on Trump
Nigeria’s President, Major General Muhammadu Buhari (retd.), has been asked to place a travel ban on the President of the United States of America, Donald Trump, over his role in…
- Business , News
- January 11, 2021
- 249 views
Billionaires list: Dangote loses $900m in 24 hours
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his flagship company emerged the biggest loser at the end of…
- Business , News
- January 11, 2021
- 197 views
#EndSARS: N2.5bn lost to 95-day Lekki tollgate closure
The Lagos State Government has lost at least N2.5bn in projected revenue due to the closure of the Lekki toll plaza and the Ikoyi Link Bridge toll plaza in the…
