Business

Minister of Transportation Senator Saidu Ahmed Alkali has said the federal government would take advantage of the numerous bilateral and multilateral agreements between Nigeria and other countries on trade, commerce, technology transfer, construction engineering services and others to facilitate the ongoing multi-billion dollar development of the rail transport sector. He …

The African Development Bank is ready to disburse $250 million into the Nigeria Electrification Project, Minister of Power, Adebayo Adelabu, said on Thursday. The NEP seeks to bridge the energy access deficit by providing electricity to households, MSMEs, and educational and healthcare facilities in unserved and underserved rural communities. Adelabu …

The International Air Transport Association (IATA) has listed the Nnamdi Azikiwe International Airport (NAIA) Abuja as topping the list of airports with highest airport charges followed by the Murtala Muhammed International Airport (MMIA) Lagos as coming second. The association described the high taxes in the continent as inimical to the …

In view of the increasing huge chunk of imports from China, the Association of Capital Market Academics of Nigeria (ACMAN) has urged the Central Bank of Nigeria (CBN) to revisit its currency swap deal with the Asian country to a scale that reduces significantly the dependence on the United States …