Sunday, October 21, 2018
Air Peace begins night flights on regional routes

Air Peace signs aircraft spares deal with Embraer

The Nigerian carrier, Air Peace, has signed an aircraft spare parts deal with Embraer, a Brazilian plane manufacturers. Mrs Oluwatoyin Olajide, the Air Peace Chief...
DMO injects N400bn to economy –DG

FG floats N100bn 2nd tranche Sukuk bond in December – Oniha

Ms Patience Oniha, Director-General, the Debt Management Office (DMO), on Thursday expressed optimism that the second tranche of N100 billion sukuk bond would be...
Oil prices rise after Libya declares force majeure on some supplies

Oil slips below $80 on rising U.S. stockpiles

Oil slipped below $80 a barrel on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply, while Saudi-U.S. tension and...
Mobil takes over ownership of Qua Iboe power plant

Exxon Mobil signs framework agreement on LNG supply with Zhejiang Energy

Exxon Mobil Corp has signed a framework agreement on a 15-year liquefied natural gas (LNG) supply deal with Zhejiang Provincial Energy Group. Peter Clarke,...
NSIP receives N195 bn as at April 2018 - Minister

FG approves $2.9bn Eurobond to fund capital projects – FG

The Federal Executive Council (FEC) on Wednesday approved that 2.9 billion Dollars in Eurobond be raised to fund capital projects in the 2018 budget. The...
Sallah: Dana Air assures passengers of quality services

Dana Air reaffirms commitment to youth empowerment

Nigerian carrier, Dana Air, has reaffirmed its commitment to youth empowerment and professionalism in the aviation industry with its sponsorship of the maiden Cabin...
NNPC will remain globally competitive, says Baru

NNPC denies alleged existence of $3.5bn fuel subsidy fund

The Nigerian National Petroleum Corporation (NNPC) on Wednesday denied Senate’s allegation that it had a $3.5 billion fund to surreptitiously subsidise imports of petroleum...
UBA Group Starts Strong in 2018, Grows Profits to N26.6bn in First Quarter

UBA gross earnings hit N375 billion,group profit N79 billion

United Bank for Africa Plc, the pan African financial institution with presence in 20 African countries has announced its unaudited 2018 Third Quarter Financial...

Heritage Bank, NIMASA partner on global maritime safety standards

Heritage Bank PLC, Nigeria’s most innovative banking service provider, and Nigerian Maritime Administration and Safety Agency (NIMASA) have joined forces to educate stakeholders about...
Naira appreciates marginally against dollar at investors’ window

Dollar gains for a second day as markets eye Fed minutes

The dollar edged higher on Wednesday as a rally on Wall Street boosted risk appetite, although gains were capped before the release of Fed...