News

Promoters of Lekki Deep Seaport, Lekki Port LFTZ Enterprise Limited, have said that the $800m rail connection is an integral part of port operations. The Chief Operating Officer of Lekki...

The International Monetary Fund has warned Nigeria and other oil-producing countries in Sub-Saharan Africa to expect dwindling oil revenues in the coming years as the world transitions from fossil fuels...

The World Bank has asked the Central Bank to reconsider its RT-200 Programme despite its good intentions. According to the global bank, this policy has created an additional foreign exchange...

The average cost of airplane tickets in Nigeria rose from N37,022.97 in November 2021 to N73,267.57 in November 2022, latest data from the National Bureau of Statistics showed on Monday....

According to a recent National Bureau of Statistics report, plane ticket prices increased by 97.09% in a year. The average airfare increased from N37,022.97 in November 2021 to N73,267.57 in...

Stakeholders in the aviation industry have expressed concerns over the inability of airlines to repatriate their revenues, noting that the trapped funds would hamper the sector’s contribution to the Gross...

The former Managing Director of Family Homes Funds Ltd, Femi Adewole, has said the availability of funds for mass housing was essential to deliver 300,000 homes by 2025 to shore...

The World Bank Group has said that the estimated per capita income growth of 0.7 per cent for Nigeria and the rest of Sub-Saharan Africa in 2022 is insufficient to...

A special joint arrangement by the Nigerian National Petroleum Company Limited and 30,000-member independent petroleum marketers will lead to mass supplies of Premium Motor Spirit, popularly called petrol in Lagos,...

Industrial & Medical Gases Nigeria Plc has informed the Nigerian Exchange and the investing public that it has received approval from its shareholders to cancel all of the Company's unissued...