Business

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

Air Peace increases Airbus fleet to 10, opens new routes

Air Peace, an indigenous airline, has received two new Airbus a320 aircraft to support its operations. With the new aircraft, the airline has increase

NIPCO, NNPC sign pact on Lekki Free Zone gas pipeline

NIPCO Gas Limited, a subsidiary of NIPCO Plc has signed a gas pipeline project agreement with the NNPC Gas Marketing Limited (NGML) and the Lekki Free

Innoson exports N2.1bn vehicles to S/Leone

The Director General of the National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu, has lauded Innoson Vehicle Manufacturing (IV

Importers kick as cost of shipping containers from China rises by N2.6m

The cost of importation of a 40-feet container from China to Nigeria has increased from $7000 (about N3.1 million) to $13,000 (N5.7m), which is a N2.6

Nigeria’s inflation may drop to below 15% next year – Emefiele

The Central Bank of Nigeria is targeting a drop in the country’s inflation rate to less than 15 per cent by end-2023. The governor of the apex bank, G