The federal government has suspended the national carrier project indefinitely. Hadi Sirika, minister of state for aviation, made this known on Wednesday. “I regret to announce that the Federal Executive
Business
Despite having the highest internally generated revenue (IGR) in 2017, Lagos state may be on “shaky grounds” as a result of its increasing debt profile. This is according to the
Umar Garba Danbatta, executive vice chairman of the Nigerian Communications Commission (NCC), says a $100 million debt is part of the things delaying the handing over of 9mobile to Teleology.
Hadiza Bala-Usman, managing director, Nigerian Ports Authority (NPA), on Tuesday said the review of ports concessioning agreement would be completed in the next three months. Bala-Usman, who is also the
The Oyo state government has shut down Obasanjo Farms and 15 other businesses for failing to pay the state’s environmental
Naspers, South African broad-based multinational internet and media company, has announced plans to dispose of its shares in Multichoice. In a
The Central Bank of Nigeria (CBN) has acquired shares worth N12.4 billion in the Nigeria Security Printing and Minting Company
President Muhammadu Buhari says Africa should take full advantage of maritime endowment within the continent as part of measures to
Amy Jadesimi, managing director of the Lagos Deep Offshore Logistics Base (LADOL), says enterprises like LADOL are “charting a new
The Central Bank of Nigeria (CBN) says banks will pay a fine of N10,000 for every money transfer that exceeds
