CBN Begins Sale Of Forex To BDCs
The Central Bank of Nigeria (CBN) has started the process of auctioning $250 million to 3,147 registered Bureau De Change (BDCs) nationwide. Alhaji Aminu Gwadabe, the President, Association of Bureau…
Elumelu Leads High-Level Team To World Economic Forum in Davos
Philanthropist and serial entrepreneur Tony O. Elumelu, CON leads a delegation of senior executives from his proprietary investment firm, Heirs Holdings, to the World Economic Forum (WEF), which begins in…
Mistaken Airstrike: Senate Issues Warning To Military
The Senate has warned the military to apply extra caution in the way it goes about its business in order to prevent fatal errors from occurring again. The advice came…
Dangote Canvassess Genuine Effort At Tackling Power Deficit To Improve Economy
Foremost industrialist and President of Dangote Group, Aliko Dangote yesterday told the audience at the World Economic Forum (WEF) holding in Davos Switzerland that a joint effort between government and…
United Capital Plc, Societe Generale, Orange, Others Support African SMEs with €77m Fund
United Capital Plc, a leading African investment banking group, has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund (FFA), with investible funds of 77…
Ship Wreck Removal Process to be Reviewed – NIMASA DG
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has said the Agency will revisit the procedure of wreck removal from Nigerian waterways. The DG…
Military Airstrike Kills 52 Civilians In Maiduguri
Fifty-two civilians were feared killed during an airstrike by military troops on targeted Boko Haram location in the eastern part of the state. Theatre Commander, Operation Lafiya Dole, Maj. Gen…
Federal High Court Asked To Sack Magu As EFCC Chair
Ebun-Olu Adegboruwa, a Lagos-based lawyer and activist on Tuesday filed a suit at the Federal High Court in Lagos seeking to stop Ibrahim Magu from presenting himself as the acting…
Relocation Of Abuja Airport To Cost N1.1bn
Minister of State for Aviation, Sen. Hadi Sirika has said that the relocation of operations of the Nnamdi Azikiwe International Airport to Kaduna would cost more than N1.1 billion. Sirika…
We Can Renovate Abuja Airport Without Closing It Down – Julius Berger
Managing Director, Julius Berger, Mr Wolfgang Goetsch, has said that the runway at the Nnamdi Azikiwe International Airport, Abuja, could be fixed without closing down the airport. However the German…