Air Peace says Smartlynx defrauded it under failed damp lease deals, with losses of $38 million…
Tag: business
Nigeria Completes $5bn African Energy Bank Headquarters, Ready For Takeoff, Says Lokpobiri
Minister Lokpobiri has confirmed the fully furnished $5bn AEB headquarters in Abuja is ready for operations.
Mathew Verghis: Bringing Down Inflation Is Nigeria’s Most Urgent Task
World Bank Country Director for Nigeria warns high inflation is eroding incomes and driving continued poverty.
Dangote Signs Global EPC Giants To Triple Fertiliser Capacity In Nigeria And Build New $2.5bn Ethiopia Plant
Dangote has partnered with four global EPC giants to expand Nigerian fertiliser output and launch an…
NNPC, Heirs Energies Double Gas Output, Add Over 135 Mmscf/D To Domestic Supply
Joint Venture boosts domestic gas supply by over 135 MMscf/d, powering major plants and significantly expanding…
Diri Unveils Bayelsa’s First Commercial Aircraft In Historic Inaugural Flight
Governor Diri launches Bayelsa’s first state owned aircraft, marking a major milestone in connectivity, commerce and…
MAN Calls For Further MPR Cut To Ease High Borrowing Costs
MAN calls for deeper rate reduction, warning current lending costs hinder production and weaken competitiveness in…
Dangote Partners With US Firm Honeywell To Expand Refinery Capacity From 650,000 BPD To 1.4 Million BPD
Dangote Group picks US firm Honeywell to double refinery output, enhance polypropylene production, and strengthen Nigeria’s…
We May Go After Dana Air Assets To Refund Passengers, Travel Agents, Keyamo Says
Aviation minister directs NCAA probe, may seize Dana Air assets to repay passengers and agents.
Oramah Calls On African Leaders To Act Boldly Amid Deglobalisation
Afreximbank’s Oramah urges African leaders to embrace courage and innovation to turn deglobalisation into growth opportunities.