By Seun Ibiyemi In response to the directive from the Minister of Aviation and Aerospace Development, the Nigerian Airspace Management Agency (NAMA), Festus Keyamo, has suspended its earlier announced 800 percent increase in navigational charges. This decision follows the Minister’s…
Access Bank has been honoured at the Euromoney Awards for Excellence 2024, being named Nigeria’s Best Bank and Ghana’s Best Bank for ESG. These accolades highlight the Bank’s outstanding performance and commitment to sustainable practices across its operations in Africa.…
The Centre for the Promotion of Private Enterprise (CPPE) has issued a warning about the potential economic fallout from the proposed nationwide protests. The CPPE in a press release made available to Nigerian NewsDirect by its Director /CEO, Dr. Muda…
Guinness Nigeria Plc reported a 31% revenue increase for the financial year ending June 30, 2024, despite a tough macroeconomic environment. The company’s revenue surged to N299.48 billion from N229.44 billion in the previous year. Managing Director Mr. Adebayo Alli…
The Standards Organisation of Nigeria (SON) has urged importers to ensure the products they bring into the country meet all the regulatory approvals. Dr Ifeanyi Okeke, SON Director-General/ Chief Executive, made the call at stakeholders sensitisation programme in Awka. Okeke…
…Nigeria’s macroeconomic now stable — Minister By Seun Ibiyemi The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has announced that the federal government in the next 3-4 weeks will begin the first issuance of its dollar-denominated…
By Esther Agbo Nigerians spent $38.17 million on foreign education in the first quarter of 2024, according to the Central Bank of Nigeria’s latest statistical bulletin. This figure marks an 83 percent decline from the $218.87 million spent during the…
Nigeria’s importation of petroleum from Malta has skyrocketed 43 fold, amounting to $2.08 billion in 2023, a development amidst the ongoing rift between the Dangote Group and the Nigerian National Petroleum Company (NNPC). Data sourced from Trade Map, a global…
By Deborah Ajulo In a bid to strengthen the financial records regarding Debts, the Government also announced its exit from the Ways and Means borrowing mechanism. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun stated…
Renowned African environmental scholar and scientist, Prof Jacinta Opara, has been appointed as a member of the Governing Council/Board of the African Institute of Management, Technology and Development Studies (AIMTDS) in Kigali, Rwanda. The appointment, which was approved at the…
