Business

The narrative of the Murtala Muhammed International Airport (MMIA), Lagos is about to change as the Federal Government is set to inaugurate a new international terminal with the capacity to process a minimum of two million passengers…

The de facto chief of South Korea’s Samsung business empire was convicted Monday over a huge corruption scandal and jailed for two and a half years, in a ruling that deprives the tech giant of its top decision-maker. Lee Jae-yong,…

Osun state Commissioner for Agriculture and Food Security, Adedayo Adewole has warned the public to be wary of bad cow skin popularly known as ‘ponmo’ in circulation. This is as the Commissioner also urged Ponmo Dealers’ Association in…

The Chairman of Peugeot Automobile Nigeria (PAN) and former member of the House of Representatives, Hon. Ahmed Wadada Aliyu, tuesday foretasted that Nigeria will import used cars and motorcycles worth N3 trillion 9(about $7.5bn) in 2021. …

The Federal Government of Nigeria is targeting over 160,000 poor and vulnerable rural women, to benefit from the N20,000 cash grant. This, to cushion the effects of the COVID-19 pandemic across the country. Hajiya Sadiya Umar-Faruk,…

Nigeria’s air transport is set to experience a revolution as a proposed low-cost carrier – Green Africa Airways – is set to commence operations. It has already reached the final stage of certification. Regulatory sources hinted that…

Airlines are planning to reduce fares in response to the removal of 7.5 per cent Value Added Tax (VAT). The suspension of VAT from air fares took effect from January 1, 2021, as part of incentives contained in the Finance Act 2020. …

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote’s total net worth dropped by $900m on Friday. This happened after his flagship company emerged bottom at the end of trading on the Nigerian Stock Exchange. Data…

Unclaimed dividends and bank account balances unattended to for at least six years will available as special credit to the federal government through the Unclaimed Funds Trust Fund. According to the Finance Act 2020 recently signed into…

The gridlock currently being witnessed at Tin-can Island Port, Apapa, Lagos, has driven up the cost of trucking consignments from the port to other parts of Lagos by over 100 percent. The cost of trucking consignments from Tin-can to…