Telecoms operators in the country including the popular MTN, Airtel and Globacom are mulling the idea of a cost-reflective tariff in view of the current economic realities. This was contained in a statement jointly released today by the Association of Licensed Telecom Operators of Nigeria (ALTON) and the Association of […]
Today marked a significant milestone in the efforts to enhance Nigeria’s local refining capacity as NNPC Ltd. sealed a landmark deal with the Port Harcourt Refining Company (PHRC) and African Refinery. The signing of a share subscription agreement paves the way for the co-location of a 100,000 barrels per day […]
President Bola Tinubu has today commended Dangote Oil and Gas Limited for reducing the price of diesel. This was made known in a statement by the presidential spokesperson, Ajuri Ngelale. In his statement, the president described the move as an “enterprising feat” and the price review represents a sharp drop, […]
Nigeria’s inflation rate has risen to 33.2% in the month of March 2024 compared to February 2024 inflation rate which was 31.70%. This was disclosed in the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released today. It said “Looking at the movement, the March 2024 headline inflation […]
In an effort to facilitate easy access to equipment for indigenous airlines, Mr. Festus Keyamo, the Minister of Aviation and Aerospace Development, has revealed that the Federal Government is diligently working behind the scenes. Keyamo expressed regret over Nigeria being blacklisted by some leasing companies and aircraft manufacturers in dry […]
Unveiling the Real Estate Landscape in Nigeria, Challenges, Potentials, and Solutions In a recent episode of the BoomBar show on Boom Radio NG, real estate developer, investor, and builder Femi Rogers delved into the intricacies of the Nigerian real estate industry. With a focus on investment properties that generate […]
Operatives of the Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC) made a significant breakthrough on Tuesday when they intercepted 21 trucks loaded with food and non-food items. The trucks were apprehended in a sting operation at major exit routes along Kalabiri/Gamboru Ngala and Bama roads in […]
A global aviation industry group, International Air Transport Association’s (IATA) has disclosed that the year 2023 was the safest ever for commercial air travel, despite a massive rebound in passenger flights. This was disclosed in the association’s annual report stating that the only fatal accident of a passenger plane was […]
The Central Bank of Nigeria (CBN) has planned to sell Treasury Bills worth N1.64 trillion in the second quarter of 2024 between the months of March and May. The new offer is a refinancing of existing maturing treasury bills of different tenures. According to the treasury bill issue program, the […]
NNPC Ltd. clarifies its role in facilitating the divestment process of International Oil Companies (IOCs) during the NIES 2024 Summit in Abuja. Mr. Mele Kyari, NNPC Ltd.’s Group CEO, emphasized the company’s commitment to ensuring optimal production from divested assets for national energy security. He also highlighted NNPC Ltd.’s readiness […]
