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Category: Business

FG set to open West Africa’s largest hydropower facility in Nigeria

Posted on December 13, 2022

The minister of power, Engr. Abubakar D. Aliyu, on Monday, December 12, inaugurated the project steering committee of Makurdi Hydro Power Plant, which is set to be the biggest hydropower plant in…

New Arrival: Billionaire Rano to compete in Airline business, buys N4.2bn aircraft

Posted on December 12, 2022

Rano Air, a Nigerian startup airline, has received full approval to begin operations from the Federal Government of Nigeria. The company applied for an Air Transport License (ATL) with the Nigerian Civil…

Top Igbo group, Yoruba Youth council support CBN’s withdrawal limit policy, States Why

Posted on December 10, 2022

The apex Igbo socio-cultural organization, Ohanaeze Ndigbo Youth Council Worldwide, and the Yoruba Youth council have thrown their weight behind the Central Bank of Nigeria’s (CBN) new cash policies. The CBN last…

Cross river women tops states on alcohol as Beer companies profits N542bn in 6mths

Posted on December 10, 2022

A report from the National Bureau of Statistics has revealed the states with the highest percentage of women who take alcohol. The report, which is a cluster survey carried out by NBS…

Gridlock rocks Onitsha as truck drivers protest over govt levy

Posted on December 9, 2022

Protesting truck drivers on Friday blocked the River Niger Bridgehead in Onitsha, Anambra State. The drivers said they were protesting against the state government tax imposition on trailers, lorries, trucks,s and other…

Naira drops deeper to dollar

Posted on December 9, 2022

The naira on Thursday exchanged at 446 to the dollar at the Investors and Exporters window, a depreciation of 0.04 per cent, compared with the 445.83 it exchanged on Wednesday. The open…

CBN Gov Emefiele insists on implementing Withdrawal limits policy

Posted on December 9, 2022

Godwin Emefiele, Governor of the Central Bank of Nigeria has insisted that the CBN would not reverse its decision on the ongoing implementation of a cashless policy. Emefiele says it’s important for…

Forbes names Okonjo-Iweala as one of World’s most powerful women in 2022

Posted on December 8, 2022

Director-General, World Trade Organization (WTO), Ngozi Okonjo-Iweala has been named one of Forbes’s World’s 100 Most Powerful Women in 2022. Forbes is an American business magazine owned by Integrated Whale Media Investments…

Christmas Bonanza: EUC homes call on public to Invest in Brooksville Courts

Posted on December 8, 2022

BUY and HOLD, Take advantage of our unique flexible payment plans now to secure your place at by EUC Homes for YOU to WIN BIG LATER Invest in Brooksville Courts for Royalties…

Nigeria, Pakistan tops nations with the most trapped airline funds

Posted on December 8, 2022

The International Air Transport Association (IATA) stated on Wednesday, December 7, 2022, that the number of airline funds due for repatriation but blocked by governments has hit $394 million in the last…

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