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All posts by BusinessNews Staff

  • Inflation pushes local airfares up by 57%

    The high rate of inflation in the country is taking its toll on the aviation sector with the number of passengers declining by 456,135 between January and June this year. An analysis of a new report on...

    • Posted September 25, 2017
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  • Cashew exports soar amidst 85% increase in prices

    Gains on global cashew prices have jumped by 85 per cent in the past two years and Nigeria is gradually tapping into the windfall. Prices have increased from $750 per metric tonne in 2015 to $1,800/MT in...

    • Posted September 25, 2017
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  • The Entrepreneur Mind-set – A mentoring session with Ibukun Awosika

    For the average undergraduate, getting a well-paying 9 to 5 job after graduation is the dream. However, this is one dream that is fast eluding a number of graduates today given the prevailing socio-economic conditions in the...

    • Posted September 22, 2017
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  • FG considers tax credit for export expansion, infrastructure financing

    The Federal Government has hinted that it is considering tax credit as a way of driving a revised model  for export expansion as well attract investment in infrastructure. The Minister of Budget and National,  Senator Udoma Udo...

    • Posted September 22, 2017
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  • DMO extends N100bn Sukuk offer by 2 days

    The offer for subscription of the Federal government N100 billion Sukuk which ended today, September 20th, has been extended by 2 more days, according to a circular from the Debt Management Office (DMO) today. DMO said apart from...

    • Posted September 22, 2017
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  • Bi-Courtney denies conniving with Osinbajo on concession

    Bi-Courtney Aviation Services Limited (BASL), operators of the Murtala Muhammed Airport Terminal Two (MMA2), yesterday rejected the accusation allegedly made by the protesting airport workers that the company was preparing to take over the airports being proposed...

    • Posted September 21, 2017
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  • No going back on airports concession – Sirika

    The Federal Government says its decision to concession all airports in the country is irreversible. Aviation Minister Hadi Sirika, while briefing State House reporters yesterday after the Federal Executive Council meeting presided over by Vice President Yemi...

    • Posted September 21, 2017
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  • Dangote wants oil price to remain low

    Billionaire and President of Dangote Group, Aliko Dangote has called for prayers for the international oil price to remain low, saying that “this helps wean us off the dependency on revenues from petroleum.” Addressing investors at the...

    • Posted September 21, 2017
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  • Travel agents commend FG over Emirates return to Abuja

    The travel agents based in Abuja have lauded the efforts of the federal government in negotiating Emirates Airlines return to Abuja. The Minister of State, Aviation, Sen. Hadi Sirika had announced on Thursday Emirates Airlines is returning...

    • Posted September 19, 2017
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  • Expert expect MPC to hold interest rate

    Ahead of the 5th meeting of the Monetary Policy committee (MPC) of the Central Bank of Nigeria slated for the 18th and 19th of this month, financial expert have predicted a hold of current rate by the...

    • Posted September 18, 2017
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