The National Hajj Commission of Nigeria (NAHCON), has urged the Federal Airports Authority of Nigeria (FAAN) to provide navigation equipment and facilities at Hajj departure centres across the country. Deputy Director, Information and Publication, NAHCON, Malam Mousa Ubandawaki, in a statement,…
The African Development Bank (AfDB), has signed an additional $20 million Trade Finance Facility with FSDH to support Small and Medium Enterprises (SMEs) in Nigeria. Director-General, Nigeria Country Department, AfDB, Mr Lamin Barrow, said this during the signing ceremony, on…
The International Air Transport Association said the aviation sector is still recovering from losses of the pandemic which crippled flight operations globally. Africa lost an estimated $7.7 billion in the aviation sector in 2020 as restrictions were put in place…
The former President of the Association of Issuing Houses of Nigeria, Ike Chioke, has stated that the currency reforms implemented by the Central Bank of Nigeria have brought about both challenges and opportunities for the investment banking industry. Chioke made…
The Federal Capital Territory Administration (FCTA) has discovered the presence of an illegal oil refining warehouse in Mabushi, Abuja. The Director, Department of Development Control, Mukhtar Galadima, who spoke to journalists said that the illegal refining site was uncovered during…
The Director General/CEO of SMEDAN, Charles Odili, has highlighted the significant contributions of small and medium enterprises (SMEs) to the Nigerian economy. According to Odili, SMEs make up 46.31 percent of the national GDP and contribute 6.21 percent to exports.…
The Energy Institute report has revealed that the production of natural gas fell last year despite an N250 billion intervention fund provided to fifteen companies. According to the industry report in partnership with KPMG, Nigeria’s natural gas production dropped by…
Some stakeholders in the oil and gas industry have commended President Bola Tinubu for pegging crude oil price at $77.96 and the naira at N750 They gave the commendations in separate interviews with journalists on Thursday in Lagos. Recall that…
Ecobank Transnational Incorporated, has recorded a profit of N182.92 billion in its third quarter 2023 results. According to the results posted on the Nigerian Exchange Limited (NGX) website, the Bank announced a 59 percent gross earnings growth in Q3 2023…
Lead City Voices, a student association in Lead City University has rewarded students with cash prizes worth over N50,000 at its annual debate. The 8th inter-faculty debate competition had its theme as: “Nigeria Educational crisis: Is it Government, Students, Parents,…
