Business

Naira loses to dollar, exchanges at N445.50

The naira on Tuesday November 22, 2022 depreciated against the dollar at the Investors and Exporters window, exchanging at N445.50.…

4 years ago

Dangote: I’m committing $700m to boost sugar production

Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, is to commit $700 million to boost sugar production…

4 years ago

Ibom Air gets 2 additional Airbus aircraft

Governor Udom Emmanuel of Akwa Ibom on Tuesday received two additional A320-200 Airbus aircraft on lease from a European company…

4 years ago

Senate okays N48bn pipeline contract to ex-militant Tompolo

The N48 billion oil pipeline surveillance contract approved by the Federal Government to a former Niger Delta militant leader, Mr.…

4 years ago

Arik Air resumes flight operations to Owerri, Kano

Arik Air is set to resume its Lagos- Owerri, Abuja-Kano daily flights on November 28. Arik’s Chief Executive Officer, Mr.…

4 years ago

Buhari excited, inaugurates 1bn barrel oil reserves in Bauchi/Gombe

President Muhammadu Buhari has expressed joy over the discovery of over one billion barrels of oil reserves and 500 billion…

4 years ago

Kolmani oil and gas project attracted $3bn investment – Buhari

President Muhammadu Buhari has declared that his administration attracted over $3 billion investment in the Oil and Gas Sector at…

4 years ago

Wike presents N550.66bn budget to Rivers Assembly

Rivers State Governor, Nyesom Wike, has presented the 2023 budget to the State House of Assembly. Wike, who christened the…

4 years ago

CBN hikes interest rates to 16.5%, holds other parameters

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the country’s Monetary Policy Rate (MPR)…

4 years ago

Tinubu: I’ll recharge Lake Chad, intensify oil search on frontier basins

The presidential candidate of the ruling All Progressives Congress (APC), Bola Tinubu, has promised to continue exploration works in all…

4 years ago

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