Business News

Why FG can’t sign economic pact with EU, trade minister

By Musa Madobi, Kano  Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar has advanced reason on why the Federal Government has refused to sign the Economic Partner Agreement (EPA) with the European Union.

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Naira weakens slightly against Dollar

‎The Naira on Monday weakened slightly against the dollar at the parallel market, the News Agency of Nigeria (NAN), reports.

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Dana Air begins daily flights between Lagos, Owerri

By Abimbola Fashakin, Lagos Dana Air has commenced daily flights from Lagos to Owerri with an introductory online fare of N12,600 one way.

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No plan to hike in domestic air fares now, says NCAA

By Abimbola Fashakin, Lagos The Nigerian Civil Aviation Authority (NCAA) has ruled out the possibility of a hike in air fare by domestic carriers.

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CBN confirms Abiru as new Skye Bank CEO

By Abimbola Fashakin, Abuja The Central Bank of Nigeria, CBN has announced Tokunmbo Abiru as the new Chief Executive Officer, CEO, of Skye Bank.

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N38b theft: S’Court gives nod for trial of ex-Finbank directors

By Abimbola Fashakin, Lagos The Supreme Court has ruled that a Former Managing Director of Finbank Plc (now defunct), Okey Nwosu and three Executive Directors of them bank, Dayo Famoroti, Agnes U. Ebubedike and Danjuma Ocholi should be tried by the court on allegations bordering on theft of N38b.

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Sterling Bank introduces flexible work conditions for staff

Sterling Bank says it has come up with a policy that allows flexibility in work arrangement to promote work-life balance for its staff.

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Local companies float Nigeria’s soils specified fertiliser brands

By Musa Kajuru, Kaduna  As part of efforts to boost agricultural produce and ensure food security in the country, four indigenous companies have collaborated to roll out specified fertilizer brands for Nigerian soils. 

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Reps probe NBC, MTN, others over sale of bandwidth

The House of Representatives said it would investigate the process of Digital Broadcast switchover in the country, particularly the sale of bandwidth to MTN.

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Afreximbank commits $400m to promote African trade with Belarus

By Abimbola Fashakin, Lagos The African Export-Import Bank (Afreximbank) has stated that it has committed itself to a $400 million dollars to finance and promote trade between African countries and Belarus.

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