Airlines’ $743.7m trapped funds: The buck stops with CBN – Sirika
The minister of aviation, Mr. Hadi Sirika has said that the issue of blocked funds belonging to foreign airlines is the direct responsible of...
Aero launches pro-rangers device to ease passenger facilitation
Aero Contractors has launched a new device, pro-rangers, to ease passenger processing and facilitation across its network.
The device which has a feature for boarding...
Signature Bank Ltd refutes affiliation with failed New York-based bank
A Nigerian financial institution, Signature Bank Limited, has denied any link with the New York-based Signature Bank that was recently shut down by United...
Finally, CBN directs banks to receive, pay out old 200, 500,...
The Central Bank of Nigeria (CBN) on Monday expressly directed the commercial banks and other financial institutions in the country to continue to dispense...
Dana introduces N45, 000 flash sale, takes delivery of aircraft
Dana Air has taken delivery of some of its aircraft that went for maintenance.
The airline announced this in a statement issued in Lagos.
"We are...
Economy loses N20trn to currency scarcity – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) said the Nigerian economy has lost about N20 trillion to the persistent cash crisis.
The centre...
Nigeria’s total trade for Q4 2022 stood at N11.722bn – NBS
The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N11, 722.44 billion in the fourth quarter of 2022.
This is according...
Crude oil sales up N21.09trn from N14.41trn in 2021 – NBS
Data from the National Bureau of Statistics (NBS) showed that Nigeria’s crude oil salesrose to N21.09trn, a 46.41 per cent increase from N14.41trn in...
Nigeria, India sign pact on meteorological science research and development
The Nigerian government and India have signed a memorandum of understanding for collaboration in the conduct of meteorological science, technical research and development.
The MoU...
Banks’ credit to government increases from N14.9trn to N26.65trn – Report
The Central Bank of Nigeria (CBN) has said in its ‘Money and credit statistics’ that banks’ credit to the government rose by N11.75 trillion...
