As part of preparations for the reopening of Murtala Muhammed International Airport, Lagos for flight operations, the Management of Federal […]
Author: News Essence
Naira gains 9.7% at parallel market
The naira appreciated on the parallel market on Tuesday, gaining 9.65 per cent against the dollar. Forex traders attributed the […]
MTN Group reshuffles Board, appoints Acting GCFO
The MTN Group has announced changes to its Board of Directors and that of its South Africa subsidiary. Christine Ramon […]
BUA partners France’s Axens on 200,000bpd refinery project
BUA Group Plc has selected France’s Axens for a multibillion-dollar 200,000 barrel per day refinery and petrochemicals plant in Nigeria, […]
Adesina sworn-in for another term as AfDB President, promises stronger bank
Dr Akinwunmi Adesina has been sworn as President of the African Development Bank (AfDB), to serve another five-year term, and […]
Supreme Court upholds Yahaya Bello’s election
The Supreme Court on Monday upheld the election of Yahaya Bello as the winner of the last governorship election in […]
CBN resumes forex sale to BDCs
The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the Bureau De Change […]
Dollar buoyed by yields surge jump after Fed’s inflation shift
The dollar held gains against major currencies, on Friday, after the Federal Reserve’s aggressive new strategy to lift employment and […]
Sack Gale in Aviation, Media: CBN to the rescue
The Central Bank of Nigeria (CBN) and the Bankers’ Committee would extend special stimulus package to Nigerian-registered airlines and the […]
Brent prices rise on U.S. output cuts, China trade deal hopes
Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf […]