Business

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

Why foreign airlines ‘mulled’ ticket sales in dollars

The alleged move by foreign airlines operating in Nigeria to sell tickets in dollars is generating ripples in the aviation industry, Daily Trust can r

CBN earns N24.8bn from RT 200 export policy in 60 days

The Central Bank of Nigeria (CBN) has realized $60 million (about N24.872 billion) from its RT 200 export policy launched in February this year to boo

Higher debts: FG blames low revenue, diversifying earnings

The Debt Management Office (DMO) has said the inability to generate more revenue is responsible for Nigeria’s high Debt Service-to-Revenue Ratio just

Adulterated fuel: Reps clear 4 oil-importing firms

The House of Representatives on Thursday cleared the four oil importing companies named in the recent adulterated fuel crisis in the country. It also

Senate raises panel to probe crude oil theft

The Senate President, Ahmad Lawan, on Thursday, constituted a 13-member ad hoc committee to probe oil theft in Nigeria and its impact on petroleum pro