Business

All the recent business news in Nigeria, economy and industry updates.

Operator rues 10-month closure of MMIA runway

Chairman/CEO of Westlink Airlines, Capt. Ibrahim Mshelia yesterday described as insensitive the 10-month closure of the runway of the Murtala Muhammed

FG to pay N1.6trn for electricity subsidy in 2024

To start monthly review of tariff   The Nigerian Electricity Regulatory Commission (NERC) has stated that the federal government will pay N1.6trn

NASS to strengthen regulatory framework on safety of depositors’ funds

The Chairman, House of Representatives Committee on Insurance and Actuarial Matters, Ahmed Usman Jaha, has said the committee will formulate regulatio

NCAA mulls review of rules on six aircraft for new airlines

An aviation think-tank group under the aegis of the Aviation Safety Round Table Initiative (ART) has called on the Nigeria Civil Aviation Authority (N

Forex scarcity: Agora Policy urges FG to stop domestic crude oil allocation

Agora Policy, a think tank organisation, has urged the federal government to discontinue the allocation of the federal share of crude oil for domestic