Naira loses steam, slides to 555/dollar in parallel market
Akudo Abengowe The naira lost steam at the parallel market on Monday, sliding to 555 per dollar....
Market
As Ethiopian Airlines and Kenya Airways struggle, other regional players are positioning to replace them
You’ve probably heard of the ongoing conflict that is destabilising Ethiopia, a country in the...
Flour Mills of Nigeria plc and Honeywell Flour Mills merge under N80billion shares transfer deal
Flour Mills of Nigeria Plc (FMN) and Honeywell Group Limited On Monday announced that they...
Blinken’s visit to Nigeria comes amid shrinking civic space
Antony Blinken’s, the US Secretary of State, visit to Nigeria came days after a leaked...
Fly Emirates denies extending suspension offlights from Nigeria
The United Arabs Emirates (UAE) said on Friday it has not extended the suspension of...
$10bn annual food import bill is new threat to Nigeria’s economic recovery
Ikeanumba learnt that by July this year, $5.4bn had already been expended on food importation,...
Remove fuel, electricity subsidies early 2022, IMF tells FG
The International Monetary Fund said on Friday that the Nigerian government should remove fuel and...
8 African business leaders you need to follow on social media
When you run your own business, you’re always looking up to other entrepreneurs who have...
FG Raises Power Tariff December, Begins Free Meters Purchase
Power consumers nationwide may start to pay more for electricity, following plans by the Federal...
Central Bank of Nigeria signs up 488,000 eNaira wallets, 78,000 merchants globally
The Central Bank of Nigeria (CBN) has onboarded over 488,000 consumer wallets and about 78,000...