Tag: Economy

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Foreign Airlines Made $5.3bn In 5yrs, Remitted Only $4.3bn In 12yrs — Report

The Senate Committee on Aviation on Wednesday exposed sharp practices by foreign airlines operating in the country, revealing that while they generated $5.4bn in ticket sales between...

New MTN underwater cable to fuel price war

Nigeria’s submarine cable market with estimated investments of $2.24 billion is expected to witness heated competition with attendant price wars in the next four...

Fuel subsidy stays till 2015 •As FG proposes N4.36trn for 2013

With the provision for fuel subsidy in the 2013 Appropriation Bill, Nigerians have cause to smile in the New Year. However, the subsidy regime is expected to continue...

CBN mull coins dispensing ATMs

The Central Bank of Nigeria (CBN) says it will facilitate the introduction of Automated Teller Machines (ATMs) that can dispense coins to encourage Nigerians...

Excess Crude Account hits $8.03bn •As FG, others share N570.6bn in August

Efforts by Federal Government to stabilise the nation’s economy through fiscal and monetary measures are already achieving some measure of results as the Excess Crude Account...

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PDP Sweeps All 30 LGAs In Osun Council Poll

The Peoples Democratic Party (PDP) has won all the...

How I Escaped Death In Gideon Orkar’s Coup –Babangida

Former Military Head of State, General Ibrahim Badamasi Babangida...

Suspected Kidnappers Killed In Gun Duel With Police On Lagos-Ibadan Expressway

The police command in Ogun State said it killed...

Lagos Assembly: AIT, Channels TV Apologise To DSS

Africa Independent Television and Channels Television have publicly apologised...

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