HomeBusiness

Business

Nigeria Targets 12% Growth to Achieve$1tn Economy – Minister 

Nigeria Targets 12% Growth to Achieve$1tn Economy - Minister  The Minister of State for Finance, Dr Doris Uzoka-Anite, on Wednesday said Nigeria must sustain annual economic growth of between 10 and 12 per cent over the next decade to achieve the $1tn economy target set...

NDPHC Boss Demands End to Power Subsidies for all Consumers

NDPHC Boss Demands End to Power Subsidies for all Consumers The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company, Jennifer Adighije, has urged the Federal Government to remove electricity subsidies for all customers and implement fully cost-reflective tariffs to restore...

NAMA to Deploy Mobile Tower to Restore MMIA Communication

NAMA to Deploy Mobile Tower to Restore MMIA Communication The Nigerian Airspace Management Agency (NAMA) has announced plans to deploy a mobile control tower to Lagos following the fire outbreak that destroyed critical communication equipment at the old terminal of Murtala Muhammed International Airport (MMIA). Managing...

CBN Flags Election Spending, Oil Shocks as Inflation Risks

The Central Bank of Nigeria (CBN) has warned that rising election-related spending and potential oil price shocks could pose upside risks to Nigeria’s inflation outlook.

FG Eyes $5.7bn Investment Deal with China

FG Eyes $5.7bn Investment Deal with China   The Federal Government is deepening negotiations to secure up to $5.7bn in strategic investments from China across critical sectors of the economy, the Ministry of Finance said on Monday. In a statement issued after a meeting in Abuja, the...

Inferno at Lagos Int’l Airport Grounds Travellers

Inferno at Lagos Int'l Airport Grounds Travellers   A fire outbreak at the old terminal of the Murtala Muhammed International Airport, Lagos, on Monday disrupted flight operations, stranded passengers, and triggered diversions, compounding travel delays and operational uncertainty across airlines. It was also gathered that at least...