Don’t devalue naira further if it stables at N300/dollar—Sanusi warns
His Royal Highness, the Emir of Kano and former governor of the Central Bank of Nigeria (CBN), Muhammad Sanusi II, has warned the monetary and fiscal policy makers not to devalue the naira any further should it stabilize at N300…
FATE Foundation to host MSME forum next month
All is getting set for Fate Foundation to hold a maiden conference on Micro, Small and Medium Enterprises (MSMEs) next month. Coming with the theme: ‘The Road to Sustainable Growth to Nigeria Entrepreneurs,’ organizers say the summit is designed to…
Anxiety as cyber attack hits Twitter, Amazon, other websites
The issue of cyber attacks rebounded weekend as a Nigerian top company (name with held) was hit by wire attack. In the same trend, major internet services including Twitter, Spotify and Amazon suffered service interruptions and outages on Friday as…
Okonjo-Iweala appointed advisory member of AIIBank
Former Nigerian Minister of Finance, Mrs Ngozi Okonjo-Iweala, has been appointed a member of the international advisory panel of Asian Infrastructure Investment Bank. The AIIB Senior Communication Officer, Mr. Song Liyan, in a statement on Friday, announced that Okonjo-Iweala would…
W/Bank sees $55 per barrel oil price in early 2017
As oil price continues to maintain a steady but slow rise, the World Bank has raised its 2017 forecast for crude oil prices to $55 per barrel from $53 it said last month. The hike in oil price forecast for…
Babalakin opens up on MMA2 concession
Chairman of Bi- Courtney Group and Senior Advocate of Nigeria (SAN), Dr. Wale Babalakin has described the Federal Airport Authority of Nigeria (FAAN) as a player in the aviation industry instead of a regulator it should be. Speaking at the…
My refinery is 8 times the size of Victoria Island—Dangote
Multipurpose indigenous industrialist, and President of Dangote Group, Aliko Dangote has given more details on the design and development specifications of his petroleum refinery in Lagos. Much more interesting is the geographical size of the refinery, which Dangote puts at…
Erisco Foods received N2bn intervention from CBN
The recent claims by indigenous food group, Erisco Foods that it has not received adequate support from the government has punctured by a revelation that he received about N2bn intervention from the Central Bank of Nigeria (CBN). Few days ago,…
ABC Transport using innovation to deepen growth in recession
No doubt, things are not too good for several sectors of the economy and the trend is not leaving Road transport out. Recently, leading indigenous road transport revolutionist, ABC Transport Plc, has stepped up online booking with high level of…
Turkish Airlines again expands its network
Turkish Airlines continues to “Widen Your World” with the addition of Zanzibar (Tanzania) as its 293rd destination. Already a globally recognized brand, Turkish Airlines again strengthens its presence in Africa and will have a presence at 50 destinations in 31…
