Rising Aviation Fuel Price, Forex Scarcity Blamed For Airfares Hike
The high cost of aviation fuel has been a major issue for airlines, constituting a substantial part of their operating costs. FUNMI FABUNMI writes about how exorbitant aviation fuel prices have made affordable airfares elusive
The...
Timipre Sylva Resigns As Oil Minister, Joins Bayelsa Governorship Race
Timipre Sylva has resigned as Nigeria’s minister of state for petroleum resources to govern Bayelsa State again on the All Progressive Congress party (APC) platform, sources told Reuters on Thursday.
According to Reuters, Sylva handed his...
Nigerians Purchase One Million air Conditioners Yearly - UN
The Federal Government has warned that Nigeria will not be a dumping ground for air conditioners and refrigerators with energy efficiency ratio that are below internationally acceptable minimum energy performance standard.
This came as the United Nations...
Nigeria Can Generate $1bn From Leather Export, Says NEPC
Nigeria may generate over $1 billion by 2025 from the leather, cotton and garments sector, the Nigeria Export Promotion Council (NEPC) has said.
Speaking at the stakeholders’ engagement forum and exhibition in assessing the opportunities and challenges...
'Nigeria’s Fertiliser Imports Rise By 277.619MT'
Fertiliser statistics provider, AfricaFertiliser, has revealed that the official fertiliser imports to Nigeria increased by 65 per cent to 706,922MT in 2021 from 429,303 in the previous year.
The disclosure was made on Wednesday during the fertiliser statistics overview for...
NGX Records N318.5bn Of Listings In Q1, 2023
The Nigerian Exchange Limited (NGX) has disclosed that the Exchange recorded N318.52bn of listings across its equities, fixed income, mutual funds and derivatives categories.
According to the X-Compliance report, a transparency initiative of NGX designed to maintain market...
