Air Peace Panic Over Boeing 737-Max 8 Order
Air travellers yesterday expressed worry over the recent order made by Air Peace, Nigeria’s largest domestic carrier, for the purchase of 10 Boeing 737 MAX jets, following the air accidents…
Oil Prices Slide As Economic Outlook Darkens, U.S. Supply Surges
Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data showed Chinese exports and…
AU To Establish African Central Bank By 2045
By Lukman Amusa The plan to establish the African Central Bank (ACB) by the African Union will likely come to fruition by 2045 Ms Naglaa Nozahie representing the Association of…
Abuse Against Children Cost Nigeria $6bn Annually – Odewale
The federal government on Thursday said the economic impact of violence against children in Nigeria was estimated at 6.1 billion dollars (N967 billion ) annually. This amount is equivalent to…
NEITI Identifies Enablers Of Illicit Financial Flows In Nigeria’s Extractive Industries
A new report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has identified three enablers of illicit financial flows (IFFs) in Nigeria’s extractive industries. The report titled: “Averting Illicit Financial…
Dangote Flour Becomes Best Performing Stock On NSE In February
Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent growth. Data obtained…
What PMB Needs To Do, To Change The Economy Of Nigeria
One of the main reasons newly-elected Nigerian president Muhammadu Buhari had been widely expected to lose his bid for a second term was the poor state of the country’s economy.…
Shell Spends $5m On Projects In Nigerian Maritime University
Shell Petroleum Development Company (SPDC) says it is spending $5 million (N1.8 billion) to finance some projects in the Nigerian Maritime University (NMU), Okerenkoko in Delta. Mr Osagie Okunbor, SPDC’s…
N771m NNPC Forfeited Assets Recovered
The Nigerian National Petroleum Corporation says it has recovered assets worth over N771 million from some marketers who under-paid for petroleum products supplied to them. The corporation disclosed this in…
No Plan To Operate UAE Flights From Port Harcourt – Air Peace
West Africa’s biggest carrier, Air Peace on Tuesday dismissed reports that it plans to originate its flights to Sharjah and Dubai in the United Arab Emirates (UAE) from Port Harcourt,…
