Naira sells at N224 to dollar
The Naira on Friday weakened further as it sold at N224 against the dollar at the Bureau de Change (BDC). NAN reports that the Naira also exchanged against the dollar at N220 at the black […]
The Naira on Friday weakened further as it sold at N224 against the dollar at the Bureau de Change (BDC). NAN reports that the Naira also exchanged against the dollar at N220 at the black […]
Following the delay in implementation of the new auto policy, importation of vehicles, especially used ones popularly called tokunbo, has made Nigerian neighbours gainers, THISDAY investigations have revealed. Since the new auto policy was introduced […]
Nigeria-American firm, BFIG, recognized last year by the Supreme Court as the authentic bidder for the disputed Aluminium smelter plant, ALSCON, has accused rival Russian firm, UC RUSAL, of using the plant to launder billions of dollars, in […]
This is what the mobile phone wars have come to: singing, tap dancing, a packed Radio City Music Hall and a promise that we will be able to live life without boundaries. Samsung launched its […]
AS other countries witnessed their general aviation sectors shrink during the economic downturn, Nigeria’s has thrived. According to experts, the industry is expected to grow by 3.5 per cent this year. This follows a 2.5 […]
The Subscriber Identity Modue (SIM) card registration exercise embarked upon by the Nigerian Communications Commission (NCC), in conjunction with all the service providers in Nigeria will soon come to an end, as the NCC has announced […]
In what may be a warning on the danger of remaining a mono-product economy, the International Monetary Fund (IMF) has warned that Nigeria’s Excess Crude Account (ECA) could be wiped out in one year, should […]
Blackberry services could be at risk of being banned in the country as a new regulation by the Nigerian Communications Commission, NCC, will run counter to the technical operating standards of the phone’s distinct […]
Nigeria and some other African countries are expected to sell debt instruments at about $7 billion this year, higher than the combined amount sold in the past five years. With the International Monetary Fund (IMF) […]
Nigeria and four other countries have adopted an action plan to speed up the construction of a modern highway running from Lagos, connecting other nations along its route, to Abidjan, in Cote d’Ivoire. The blueprint […]
Importation of rice through land borders has been banned by the Federal Government. “All imported rice must come through the sea ports with duty paid on them, according to the law”, the Nigeria Customs Service […]
Africa is hot. With Europe in a slump, America showing signs of faltering and even the mighty Chinese economy slowing, investors are searching for growth elsewhere. Africa has never looked better. The continent bounced back […]
Samsung Electronics has reported a 41% jump in quarterly profits, boosted mainly by strong sales of its Galaxy range of smartphones. It made a net profit of 7.15tn won ($6.4bn; £4.2bn) in the January to […]
Carmaker Hyundai has apologised and pulled an online advert that depicted a man attempting to kill himself with exhaust fumes in its new model. Hyundai said it “sincerely apologises for the offensive viral video”.
The President of Nigeria Supporters Club said a private aircraft is needed to facilitate its numerous activities. The Nigeria Supporters Club said it plans to acquire a private aircraft of its own to transports its members to […]
An Ethiopian Airlines 787 Dreamliner has flown from Addis Ababa to Nairobi, the first commercial flight by the Boeing aircraft since all 787s were grounded in January.
Yesterday a guy I never heard about became the focus of my attention. His name is Saka and apparently he was (until yesterday) Etisalat Nigeria’s Ambassador to the bottom of the pyramid (BOP) consumers and a popular […]
AS the race on who succeeds the incumbent Central Bank of Nigeria (CBN), Mallam Lamido Sanusi in June next year gets tougher, there are strong indications that the Presidency and key cabinet members of the […]
Boeing has admitted that it may never know what caused the battery malfunctions that resulted in all its 787 Dreamliner aircraft being grounded. The admission came from Boeing’s Larry Loftis, the general manager of the […]
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