OPEC, Russia Deal Raises Hope For Crude Oil         A fresh hope for oil producing countries such as Nigeria, and Algeria was raised at the weekend as oil prices hit the highest level since early March after major producers agreed to a cautious increase in output...

COVID-19: FG Offers Airlines N500bn Single-Digit Loans         The Federal Government has opened a N500 billion credit window for airlines to access single-digit loans to boost their operation and aid recovery from the COVID-19 pandemic. This is separate from the N5bn provided for airlines and other allied...

FIRS Rakes In N4.122trn In Ten Months         The Federal Inland Revenue Service (FIRS) yesterday put its overall 2020 performance from January to October at N4.122 trillion. It said this is in spite of Covid-19 challenges, financial Act 2019 incentives and palliatives concessions. FIRS added that its non-oil...

Power: FG Pledges To Bridge Electricity Gap With Renewable Energy         The Federal Government, yesterday, lit up communities and healthcare centres in Kogi as part of an ongoing effort to leverage renewable energy and off-grid solutions to bridge the electricity gap. Over 70 per cent of Nigerians...

CBN Targets $2bn Monthly Diaspora Remittances , Says Emefiele         The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Thursday, said the target of the CBN is for the country to attract about $2bn monthly as remittances from citizens in diaspora. Emefiele’s position is coming...

Aviation: Recovery In Sight As Local Airlines Scale Up Operations         At least three local airlines have shown signs of early recovery from COVID-19 lockdown, with the reopening of closed routes and additional frequencies on traditional routes. As of yesterday, airlines like Dana Air, Air Peace and...