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Day: September 4, 2024

$500m domestic dollar bond result expected Friday
BusinessLocal

$500m domestic dollar bond result expected Friday

The Federal Government of Nigeria is set to announce the results of its $500 million domestic US dollar bond by…

byayotilewaSeptember 4, 2024September 4, 2024
Petrol price hike: NLC cries foul, threatens strike
BusinessLocal

Petrol price hike: NLC cries foul, threatens strike

The Nigeria Labour Congress (NLC) has called on the federal government to immediately reverse the recent increase in the price…

byayotilewaSeptember 4, 2024September 4, 2024
Sovereign Trust Insurance pays N1.9bn claims in H1
BusinessLocal

Sovereign Trust Insurance pays N1.9bn claims in H1

Sovereign Trust Insurance Plc has reported disbursing N1.9 billion in claims during the first half of 2024. The payouts, covering…

byayotilewaSeptember 4, 2024September 4, 2024
Power generation hits 5,313MW, first time in three years
BusinessLocal

Power generation hits 5,313MW, first time in three years

Nigeria’s power generation surged to a three-year high of 5,313 megawatts on Monday, according to the Federal Ministry of Power.…

byayotilewaSeptember 4, 2024September 4, 2024
Air cargo demand rises by 13.6% – IATA
BusinessLocal

Air cargo demand rises by 13.6% – IATA

The International Air Transport Association (IATA) reported a 13.6% increase in global air cargo tonne-kilometres in July 2024 compared to…

byayotilewaSeptember 4, 2024September 4, 2024
Virgin Atlantic begins Accra-London flight
BusinessLocal

Virgin Atlantic begins Accra-London flight

Virgin Atlantic has announced the re-launch of its daily flights between Accra, Ghana, and London Heathrow, starting May 1, 2025.…

byayotilewaSeptember 4, 2024September 4, 2024
Oando director resigns
BusinessLocal

Oando director resigns

Oando Plc has announced the resignation of Mr. Tanimu Yakubu as a non-executive director, following his decision to undertake a…

byayotilewaSeptember 4, 2024September 4, 2024

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