The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure to...
The World Bank board of directors will examine a $2.25 billion loan for Nigeria in two weeks, according to Wale Edun, minister of finance and coordinating...
Nigeria’s foremost brewing company, Nigerian Breweries Plc, has officially completed the acquisition of a majority stake of 80 per cent in Distell Wines and Spirits Nigeria...
Wale Edun, minister of finance and coordinating minister of the economy, says the minimum wage demanded by the labour unions is unaffordable across the board. The...
Aviation unions have announced readiness to join the planned indefinite labour strike scheduled to begin on June 3. The unions announced the decision after a meeting...
Some Nigerian airlines have faced a range of legal and regulatory challenges over the years, resulting in lawsuits and suspensions due to various reasons such as...
The Nigerian Communication Commission (NCC) says mobile network operators (MNOs) have been directed to audit their billing systems. NCC said the directive was issued to address...
According to a report on May 30 by S&P Global, BP, a British multinational, is presently transporting its first jet fuel cargo to Rotterdam from the...
The Minister of Aviation and Aerospace Development, Festus Keyamo, has temporarily suspended the enforcement rights granted to NAEBI Dynamic Concept Ltd by the Federal Government as...
The Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, has disclosed that electricity distribution companies have disconnected over 100 manufacturing firms. In an exclusive interview...
