Uncertainty about immediate containment of the Omicron variant of the coronavirus has compelled Morgan Stanley to slash its Brent price forecast for the first quarter of 2022 to $82.50 a barrel from $95 per barrel expected earlier. Oil prices dropped by more than 11…
Effrontery of armed groups launching attacks on security operatives is growing to become a common phenomenon, recently, in the profile of insecurity narratives in Nigeria. From operations of bandits, terror insurgents, to those of local gangs of hoodlums, attacks on…
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 51 basis point. The NGX ASI closed at 42,247.98 points, to reflect a decline of 0.51% from the previous trading day…
The nation’s external reserves fell by $610m last month, figures obtained from the Central Bank of Nigeria on Thursday revealed. The reserves dropped to N$41.22bn as of November 29 from $41.83bn on October 29. The CBN also disclosed that at…
Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N47.46 billion for its first quarter period ended 30 September 2021. The unaudited results which were released to the…
The Nigerian Communications Commission (NCC) has outlined various policy and regulatory initiatives being implemented by the Commission to reiterate its commitment towards ensuring continuous development of the startups section of the telecommunication ecosystem in Nigeria. The Executive Vice Chairman and…
By Seun Ibiyemi The Federal Operations Unit, Zone A of Nigeria Customs Service has within six weeks made seizures with duty paid value of N2,826,486,890 which includes 1009 cartons of expired drinks labeled in Chinese language uncovered in a Lagos…
By Tobi Adetunji The International Civil Aviation Authority (ICAO) convened its first-ever international Symposium on Assistance to Aircraft Accident Victims and their Families. According to the frontline body, the initative will provide an important platform to enhance global cooperation toward…
By Tobi Adetunji Global airlines have called on governments to adopt simple, predictable and practical measures to safely and efficiently facilitate the ramping-up of international travel as borders re-open. The airlines, under the aegis of the International Air Transport Association…
By Tobi Adetunji A former President of Associations of Nigeria Travel Agencies (NANTA), Bankole Bernard, has hinted that several airlines have cancelled flights from Canada and Nigeria following the decision of Canada to add Nigeria to its travel ban list.…
