Abiodun Seeks FG’s Approval of FTZ For Remo Economic Zone
Ogun State Governor Prince Dapo Abiodun has pleaded with the federal government to approve the operation of the Remo Economic Zone as a Free Trade Zone. The governor, who…
Oil tries to regain footing as Middle East crisis, OPEC supply in focus
Jan. 9, 2024 Oil prices steadied on Tuesday after sliding in the previous session, as markets weighed Middle East tensions against demand worries and rising OPEC supply. Brent crude futures…
Davos: Swiss Army begins deployment of soldiers ahead of WEF 2024
Swiss soldiers have started arriving in the mountain resort of Davos in southeast Switzerland to provide security for the annual meeting of the World Economic Forum (WEF) that begins on…
Terminate oil pipelines contracts with Olu of Warri, Group tells NNPCL
A pan-Nigeria group, National Awareness Forum (NAF) has called on the Nigerian National Petroleum Company Limited (NNPCL) to terminate the oil pipelines surveillance contracts awarded to the Pipelines Infrastructures…
Nigeria to sell power distribution firm over $130 million debt
Jan. 8, 2024 Nigeria’s electricity regulator has put up for sale the sixth largest power distribution utility over a $130 million debt, less than two years after the lenders who…
NAFDAC alerts Nigerians on substandard, contaminated syrup
Jan. 8, 2024 The National Agency for Food and Drug Administration and Control (NAFDAC) has notified the public about five contaminated syrups allegedly going round in World Health Organisation (WHO)…
Interconnect charges: NCC grants partial approval to bar Globacom from calling MTN network
Jan. 8, 2024 …Subscribers of Globacom will no longer be able to make calls to MTN, but will be able to receive calls The Nigerian Communications Commission (NCC) has granted…
CBN disburses $61m to foreign airlines to settle mature FX backlog
Jan. 7, 2024 The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money Banks (DMBs). According to a statement issued…
Alleged $3.4bn CBN forex deal: Our story, by Dangote
Chairman of Dangote Group, Alhaji Aliko Dangote, has broken his silence on the visit by officials of the Economic and Financial Crimes Commission (EFCC) to its office over allegations of…
India orders new drug-making standards after overseas deaths
Jan. 6, 2024 Indian pharmaceutical companies must meet new manufacturing standards this year, according to a government notification released on Saturday, although small companies have asked for a delay, citing…