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Airlines to Boost Domestic Fleet with Dry-leased Planes

The Airline Operators of Nigeria (AON) yesterday disclosed that Nigerian airlines would start receiving dry-lease aircraft from lessors across the world.

Global Crude Oil Prices Decline by 3%

Global crude oil prices have recorded a 3 per cent decline, falling below the $70 per barrel mark, following Israel’s agreement to a ceasefire deal brokered by US President Donald Trump to end hostilities with Iran.

Nigeria Falls Short in $180bn Global Cassava Processing Industry

With a current production capacity of 62.69 million and holding the position of the largest producer of cassava in the world, Nigeria is missing out of the $180 billion global cassava processing market.

Naira Weakens Further as Forex Pressures Mount

‎The Nigerian naira depreciated slightly against the US dollar on Monday, June 23, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment.

Telecom Sector Sees Resurgence, Poised to Drive Economic Growth – NCC

The Nigerian telecom industry is making a strong recovery, contributing significantly to the country’s Gross Domestic Product, following a foreign exchange crisis that impacted the sector about two years ago.

Dangote Increases Ex-Depot Petrol Price to N880

Dangote Increases Ex-Depot Petrol Price to N880   Dangote Petroleum Refinery, on Friday, increased its ex-depot price for Premium Motor Spirit to N880 per litre. The hike represents a N55 increase from the previous rate of N825 per litre. This raises fresh concerns over fuel affordability and price...