Industry
UK government replies FG, offers Air Peace options to secure slots at Heathrow Airport
In a letter to the Nigerian government, the United Kingdom government listed several options available to Air Peace for securing a slot at Heathrow Airport.
Air Peace reportedly increases Lagos-Abuja one-way ticket, gives commencement date
Air Peace has reportedly increased its one-way airfares on the Lagos-Abuja route to N200,000, beginning November 1, 2024, and blamed the issue on the tough economy.
Report: Petroleum sector attracts $5m foreign investment as Dangote begins production
A report by NBS found that after showing no foreign investment in the first quarter, Nigeria's oil and gas sector only saw $5 million in the second quarter.
Top 10: Nigeria takes position among countries with highest food inflation in the world
According to a World Bank analysis, domestic food price inflation, determined by comparing the annual change in the food component of a nation's CPI remains high.
Price of kerosene shoots up by 5.95%, NBS lists 10 most expensive states to buy
The National Bureau of Statistics has revealed that the price of kerosene has increased again and provided a breakdown of states with the highest, cheapest prices
MTN speaks on increasing call, data tariffs, gives reasons
The devaluation of the naira and the high cost of foreign exchange have prompted MTN Nigeria to advocate for higher cellular charges across the country.
Innoson, Hyundai and 3 other vehicle companies manufacturing CNG-operated vehicles in Nigeria
Government agencies and other organizations have claimed that switching to CNG-powered vehicles would ensure cheaper fuel compared to the use of petrol.
FG secures funding to establish new bank, names beneficiaries
The President of the Africa Development Bank (AfDB), Akinwunmi Adesina, has said the bank has approved $100 million for the establishment of a Youth Bank in Nigeria.
“Don’t protect suspected criminals”: EFCC set to expose bank official involved in money laundering
Bank executives were implicated in the nation's money laundering, according to the EFCC, which also announced that it would begin prosecuting them shortly.
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