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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 $464m foreign airlines’ funds lingers, British Airways may stop flying to Nigeria as from December ...N718 million contract approved to secure Abuja rail tracks
The Federal Executive Council has approved N718.19 million to secure the 45-kilometre Abuja rail tracks and stations. The Minister of ...Remove 7.5% VAT on diesel, manufacturers beg govt
The Manufacturers Association of Nigeria has urged the Federal Government to urgently remove the 7.5 per cent Value Added Tax ...Despite global economic uncertainty, Lamborghini has already sold all its cars until 2024
Italian sports carmaker, Lamborghini has already pre-sold the entire production run to early 2024. The Chief Executive Officer of the ...Naira’s free fall continues, trades N692/$ at ‘black market’
The naira, on Tuesday, fell to N692 per dollar at the parallel market popularly known as the black market. The ...Nigeria imports $11 billion plastics, pharmaceuticals, sugar in 2020, 2021
Data from the International Trade Centre has revealed that plastics, pharmaceuticals and sugar worth $10.98 billion were imported into Nigeria ...Nigeria recovers N86.2 billion stolen oil in August
Different government security outfits operating across the country have recovered stolen oil worth N86.2 billlion in August. According to The ...
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