OAS Helicopters, Abu Dhabi Aviation, Team Up To Move Nigeria’s Economy Forward
United Arab Emirates Helicopter company, Abu Dhabi Aviation (ADA) and the Nigerian indigenous aircraft charter operator, OAS Helicopters have formally agreed to join forces...
Exxon Mobil, Taleveras, Ophir win Equatorial Guinea Oil Blocks.
Exxon Mobil, in a press statement confirmed it has signed its Production Sharing Contract, with Equitorial Guniea for Oil acreage E.G.-11, hereby heading the...
CBN Boosts Forex Market With $190 Million
The Central Bank of Nigeria (CBN) has continued with its determination to achieve a convergence of rates in the interbank and Bureau de Change...
Ajaokuta Steel Risks Collapse Unless $400 Million Is Committed To It – Company Boss
The Ajaokuta Steel Company Limited, built at a cost $4.6 billion is at the risk of collapse unless the federal government quickly commits only...
Central Bank Vows Not To Succumb To Call For Reduction In Interest Rate
The Central Bank of Nigeria (CBN) has vowed that it will not succumb to pressure from some quarters in Nigeria to reduce interest rate...
CBN’s Programme Yields 2.1 Million Metric Tons Of Rice, 450,000 Metric Tons Of Wheat
The Central Bank of Nigeria (CBN) Anchor Borrowers Programme (ABP) is believed to have yielded 2.1 million metric tons of rice and over 450,000...
Federal Government Constitutes Industrial Policy Advisory Council
Acting President Yemi Osinbajo has inaugurated the Nigerian Industrial Policy and Competitiveness Advisory Council (NIPCAC).
The Council, which was inaugurated today, Tuesday, at the Aso...
Again CBN Pumps $482.6 Million, To Guard Naira Value
The Central Bank of Nigeria (CBN) has again intervened in the inter-bank market to the tune of $482.6 million which underlined its determination to...
Spanish Agro Investors Are Coming To Nigeria – Embassy
The Embassy of Spain in Nigeria has announced that more Spanish companies in agro business are on their way to Nigeria because of the...
System Failure At British Airways Grounds Flights Out of London
A global technology failure at British Airways led to delays, airport congestion and flight cancellations for thousands of customers at London area airports today,...
