Economy
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Nigeria’s electricity grid collapses again
The federal government said the latest dip in electricity generation in the country is as a result of a partial…
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Lagos ports collapsing, cargo diversion to West African countries imminent
There are indications that the nation may soon start experiencing more cargo diversions to neighbouring West African ports as well…
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CBN raises interest rate to 13% — first time in over five years
The policy-setting committee of the Central Bank of Nigeria (CBN) has voted to raise the monetary policy rate (MPR), which…
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Nigeria’s GDP Records 3.11% Growth In First Quarter
. Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent (year-on-year) in real terms in the first quarter (Q1)…
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Adesina Says Africa Will ‘Feed Itself With Pride’ As AfDB Approves $1.5bn For Food Crisis
The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity…
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Access Holdings’ll provide opportunities for African trade – CEO
Access Holdings Plc says it has started operations with initial portfolio companies. The firm said its future strategy would promote…
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Dollar hits N600 at parallel market, forex supply shrinks
: The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the…
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Access Bank Set Pace to Dominate Agency Banking
Access Bank has unveiled plans to boost financial inclusion by significantly increasing its customer base and deepen wallet share of…
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Airline operators to get aviation fuel for three months at N480 per litre
The Nigeria National Petroleum Corporation (NNPC) Limited, Central Bank of Nigeria (CBN) and airline operators have agreed to provide six…
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Ibom Air disagrees with Airline Operators, to continue operations
The Management of Ibom Air has dissociated itself from the planned strike to be embarked by the Airline Operators of…
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