Business Lufthansa Resumes Lagos, Abuja Flights Dec 6, 2020 0 Lufthansa on Thursday welcomed passengers at Lagos airport on board on resumption of its nonstop flight from…
Business Arik, Aero May Merge For Business Survival Dec 5, 2020 0 There are strong indications that stakeholders are considering a merger between Arik Air and Aero Contractors, two…
Business Covid-19 – Restrict Int’l Flights, Muric Tells Govt Dec 5, 2020 0 The Muslim Rights Concern has urged the Federal Government to restrict international flights over worldwide reports…
Business Dangote Refinery Named Among 20 Most Influential Projects In The World Dec 5, 2020 0 Dangote Oil Refinery has been listed among top 20 influential projects surveyed in the last 18 months by the…
Business Taxpayers Relieved From Tax Investigation Beyond Six Years Dec 5, 2020 0 The Tax Appeal Tribunal (TAT or "the Tribunal") sitting in Benin on 8 October 2020 decided in Citibank Nigeria…
Business Nigeria: New Policy To Improve Diaspora Remittances Starts Dec 4 Dec 5, 2020 0 The Central Bank of Nigeria (CBN), Mr Godwin Emefiele has announced that the new CBN policy to improve the Diaspora…
Business NSE: Application Of 0.08% Stamp Duty Begins December 7 Dec 5, 2020 0 The Nigerian Stock Exchange (NSE) yesterday said from Monday, December 7, the Stamp Duty rate of 0.08 per cent on…
Business Extortion Worsens Apapa Gridlock Dec 5, 2020 0 ‘Clearing agents lose average of N300m to illegal collection’ Importers, clearing agents and truck owners have…
Business Nigerian Farm Becomes Country’s Largest Sun-Powered Poultry Plant Dec 5, 2020 0 Empower New Energy and Rensource have teamed up to create the largest power purchase agreement for solar energy in…
Business Oil Advances Toward $50 After OPEC+ Clinches Compromise Deal Dec 5, 2020 0 Oil extended gains toward $50 a barrel after OPEC+ reached a compromise deal to gradually taper production cuts,…
Business Euro Bursts Through Resistance, Dollar Holds Near 2-1/2 Year Low Dec 5, 2020 0 The euro was headed for its best week in a month on Friday and has blown past major resistance levels as investors…
Business Naira Steady, Oil Output Slips, Remittances Fall Dec 5, 2020 0 After hitting a four year low on Monday, the Naira has staged a minor rebound due to a broadly weaker Dollar.…
Business Euro Rally’s Just Warming Up As Charts Signal Rise To $1.25 Dec 5, 2020 0 An advance that sent the euro to the highest since 2018 has put a move above $1.25 back into focus. It’s a level…
Business Naira’s Exchange Rate Creates Woes For Businesses Dec 5, 2020 0 The unstable nature of the naira is a very troubling development for key industry players and will continue to…
Business Excitement As New Diaspora Remittances Policy Takes Effect Today Dec 5, 2020 0 There is palpable excitement among Forex users as the Central Bank of Nigeria’s (CBN) new policy that allows…
Business 4th Mainland Bridge: Less Than 800 Houses Will Go, FG, LASG Insist Dec 5, 2020 0 The Federal and Lagos State governments Thursday insisted that less than 800 houses might be demolished to pave way…
Business Nigeria’s Currency Woes Has The CBN Fussing Over Remittances Dec 5, 2020 0 It is no big reveal that Africa’s largest economy, Nigeria, is the sixth biggest remittance recipient in the world.…
Business Nigeria’s Diaspora Remittance Inflows Could Rise To $2bn Monthly Dec 5, 2020 0 Abuja — The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said that following the introduction of…
Business Nigeria Banks To Start FX Payout Under New Diaspora Remittance Rules Dec 5, 2020 0 Nigerian banks will on Friday commence dollar payout for diaspora inflows and close naira remittance accounts after…
Business Naira Appreciates To N470/$1 At Parallel Market Dec 5, 2020 0 The Naira’s fighting spirit continued on Thursday and at the close of business, it finished stronger against the…
Business Capital Inflows Into The Economy To Remain Weak — LCCI Dec 5, 2020 0 ECONOMY The Lagos Chamber of Commerce and Industry (LCCI) has predicted that capital inflows into the Nigerian…
Business Central Bank Of Nigeria Governor Decries The Use Of Parallel Exchange Rate As… Dec 5, 2020 0 The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange…
Business OPEC, Allies Agree To Increase Output By 500,000 Barrels A Day In January Dec 5, 2020 0 OPEC and a group of Russia-led oil producers agreed to increase their collective output by 500,000 barrels a day…
Business Western Union, MoneyGram, Others To Start Payment Of Forex Remittances To… Dec 5, 2020 0 International money transfer operators (IMTOs) and commercial banks in the country have agreed to start paying…
Business Nigeria Needs $3tn To Bridge Infrastructure Gap Dec 5, 2020 0 The Vice President, Prof. Yemi Osinbajo, on Thursday, said Nigeria requires about $3tn over the next 30 years to…
World ‘This Is Going To Be Challenging:’ How The UK Will Roll Out Pfizer’s Coronavirus… Dec 5, 2020 0 The U.K. was the first country in the world to approve Pfizer and BioNTech’s groundbreaking coronavirus vaccine on…
Business Heathrow To Start Charging £5 For Airport Drop-Off Dec 4, 2020 0 BY Harry S. Johnson Heathrow has announced it is exploring a proposal to implement a Forecourt Access Charge…
Business Nigerians Will Witness More Breakthroughs In Oil, Gas Sector In 2021 – Sylva Dec 4, 2020 0 The Minister of State for Petroleum Resources, Timipre Sylva, on Thursday, assured that the country will record…
Business CBN Targeting $2bn Diaspora Remittances Monthly, Says Emefiele Dec 4, 2020 0 The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Thursday said the target of the CBN was for the…
Business OPEC And Allies Agree To Gradually Increase Production After Days Of Discussions Dec 4, 2020 0 LONDON — OPEC and non-OPEC allies, after days of tense discussions, agreed on Thursday to increase production by…