Nigerian startup airline, Rano Air, has reportedly secured four EMB-145LRs aircraft to start operations in 2022.
This was disclosed in some social media posts on Tuesday. Videos of the new aircraft were also uploaded on social media.
In January, the company applied for an Air Transport License (ATL) with the Nigerian...
The World Bank has predicted that Nigeria’s economy will grow by 2.1 percent in 2020, adding that growth in the West African Economic and Monetary Union is expected to stabilise at 6.4 percent.
The bank made the prediction in its January 2020 Global Economic Prospects which was released on Wednesday.
Nigeria’s...
The failure of an overhead power line in southern Germany has paralysed production at Europe’s largest BMW plant, in Dingolfing, a company spokesperson said on Monday.
Both the early and the late shifts were cancelled in the two assembly halls, with several thousand employees affected by the stoppage, the spokesperson...
The Nigeria LNG Limited says it has paid over $7bn as taxes and issued more than $15bn as dividend to the Federal Government since it started operations.
NLNG’s Managing Director, Tony Attah, who disclosed this recently in Abuja, also stated that the company had the target of expanding its LNG...
The Nigerian National Petroleum Company (NNPC) Ltd. assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
NNPC Ltd. urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the...
The Federal Government has said Nigeria cannot service its debts with the current revenue generation capacity.
The government insisted that debt to Gross Domestic Products ratio is still within the threshold but admitted that the debt to revenue ratio is high.
Minister of Finance, Budget and National Planning, Zainab Ahmed, made...
The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, has unveiled a transformative new rates regime for services rendered by the Ministry’s departments and agencies, marking a significant step in the ongoing efforts by the present administration to enhance the sector's economic consolidation and international competitiveness.
Dr Alake made...
In a milestone celebration, Jimpo Ori, a leading producer of refined shea butter, marks its 10th anniversary with pride and gratitude. Since its inception, the company has been dedicated to delivering premium-quality shea butter products to consumers worldwide, contributing to the empowerment of local communities and the sustainable development...
One of the Binance executives detained in Nigeria, amidst a legal battle over cryptocurrency regulations, has managed to escape custody. Nadeem Anjarwalla, a key figure at the world's largest cryptocurrency exchange, reportedly fled from a guest house in Abuja where he and his colleague were being held by security...
Telecommunication giant MTN Group has announced its intention to withdraw from smaller markets in West and Central Africa, with plans to focus on stronger markets like Ghana, Cameroon, and Cote d'Ivoire. This strategic move comes as MTN Group accepts an offer from Telecel for the sale of its equity...
