Explainer: Why our Lagos-Abuja flight made a ‘turn back’ after take-off – Arik Air
Arik Air has explained that a false fire alarm made its Boeing 737-700 aircraft operating flight W3 720 from Lagos to Abuja on Thursday morning, to make an air return,…
Food security: Poultry industry contributes over 25% to Nigeria’s GDP — FG
April 18, 2024 The Federal Government says the poultry industry in Nigeria contributes over 25 per cent of the agricultural Gross Domestic Product (GDP). Sen. Aliyu Abdullahi, the Minister of…
Binance working closely with Nigeria authorities to resolve executive’s detention -CEO says
April 18, 2024 The CEO of cryptocurrency exchange Binance said on Thursday the company is working very closely with Nigerian authorities following the detention of its head of financial crime…
Nigeria strikes deal with Shell to supply $3.8 bln methanol project
April 18, 2024 Nigeria has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass methanol facility, resolving a major hurdle to a final investment decision…
CBN reduces bank’s LDR to 50% to improve real sector lending
April 18, 2024 The Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit Ratio (LDR) of deposit money banks from 65 per cent to 50 per cent. This is according…
World Bank, AfDB to connect 300m people to electricity in Africa
April 18, 2024 The World Bank Group (WBG) and African Development Bank(AfDB) Group are partnering to provide no fewer than 300 million people in Africa with electricity access by 2030….
Economic challenges, CBN and reconstruction policies, By Arize Nwobu
Economic reconstruction is defined as ‘’ a process for creating a proactive vision of economic change.’’ The need for economic reconstruction arises from the existing fundamental problems of the economy,…
Electricity: Obi says 13,000MW for 200,000MW demand unacceptable
*Nigeria has the lowest per capita wattage in the World *Wants a Technical Task Force in Place The Presidential Candidate of the Labour Party in the 2023 general election, Peter…
No record of child deaths from recalled J&J cough syrup – NAFDAC
April 17, 2024 Nigeria’s drug regulator has no record of children dying or falling ill from exposure to a batch of cough syrup made by Johnson & Johnson in South…
News Alert! Konga launches Infinix Brand Week with discounted deals
Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative…