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NCC begins new international calls termination rate regime
The Nigerian Communications Commission (NCC) has introduced a new international termination rate (ITR), for voice services paid by overseas telecom ...Emirates announces reinstatement of flight operations to Lagos
Emirates Airlines has announced the reinstatement of its flight operations to Lagos, starting September 11, 2022. The airline revealed this ...Fidelity Bank begins process to buy Union Bank UK
Fidelity Bank Plc says it has entered a binding agreement to acquire a 100 percent equity stake in Union Bank ...FG proposes to borrow over N11 trillion to finance 2023 budget
The federal government has proposed to borrow over N11 trillion to finance the proposed 2023 budget deficit. This development is ...Kenya Airways CEO laments, says Nigeria, Ethiopia, Malawi withholding $28m revenue
The Chief Executive Officer, Kenya Airways, Allan Kilavuka, has said Nigeria, Ethiopia, and Malawi are withholding about $28 million of ...Seriously? Naira crosses N700 per dollar at ‘black market’
The naira, on Monday, continued its downward trend at the parallel market, falling to N702 per dollar. The parallel market, ...Inflation slows Nigeria’s GDP growth to 3.54%
Nigerian economy has been hard hit by the high inflationary trend, slowing the Gross Domestic Product growth rate to 3.54 ...British Airways mulls flight suspension to Nigeria, blocks travel agents from paying in Naira
As the issue of trapped $464m foreign airlines’ funds lingers, British Airways may stop flying to Nigeria as from December ...N718 million contract approved to secure Abuja rail tracks
The Federal Executive Council has approved N718.19 million to secure the 45-kilometre Abuja rail tracks and stations. The Minister of ...Remove 7.5% VAT on diesel, manufacturers beg govt
The Manufacturers Association of Nigeria has urged the Federal Government to urgently remove the 7.5 per cent Value Added Tax ...