China Development Bank grants Nigeria $255m for Kano-Kaduna railway project
China Development Bank has approved a $254.76 million loan to Nigeria to support the completion of the Kano-Kaduna railway...
Business
Why Naira is in massive recovery race across all markets, by bankers
There are indications that the newly introduced foreign exchange market system by the Central Bank of Nigeria, CBN, is...
Port Harcourt refinery, tanker drivers at war over delay in product loading
The Port Harcourt Refining Company, PHRC, and Petroleum Tanker Drivers, PTD, are at war over the overloading of products...
Nigeria’s Central Bank Introduces Electronic Foreign Exchange System, Pegs Trading At $100,000 Minimum
The Central Bank of Nigeria (CBN) has unveiled guidelines for the Electronic Foreign Exchange Matching System (EFEMS). According to...
Buy 2 million litres of fuel at N970 – Dangote to Nigerians
Dangote Petroleum Refinery has said its customers can purchase a minimum of two million litres of Premium Motor Spirit,...
Abiodun Restates Commitment to Gateway International Airport
Stories By Chinedu Eze The Ogun State government has expressed the determination to make the Gateway International Agro-Cargo Airport...
GET Opens Application for MSMEs Grant
Oluchi Chibuzor The Grooming Endowment Trust (GET) has announced the call for application for its third edition of Get Compass...
‘Incessant Disruption of Operations in Aviation Sector Erode Investors’ Confidence’
Chinedu Eze Following the recent industrial action embarked upon by the Nigeria Labour Congress (NLC) and Trade Union Congress...
Report: Inflationary Pressure Eased to One-year Low in May
Dike Onwuamaeze The Purchasing Managers’ Index (PMI) report of the Stanbic IBTC Bank Plc has stated that the rate of...
Naira Recovery Not Reflected in Prices, Northern Coalition Accuses Businesses
A prominent northern group is urging businesses across Nigeria to reduce prices on goods and services after recent gains...