Business

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

Illegal flight charter operations spark outrage

In the wake of last Friday’s runway incursion by a private jet in Ibadan Airport, there is a raging concern in the aviation industry over illegal char

Naira gains ground, sells for 1,400/$ at black market

There was low compliance on Thursday as bureau de change operators made good their threat to shut down operations in Abuja even as the dollar rallied

Trapped funds: Pressure mounts on foreign airlines to sell low tickets

There is pressure on foreign airlines operating into the country to release lower ticket inventories following the decision of the Central Bank of Nig

CBN directive on excess FX assets ‘ll reduce scarcity – Expert

A former head, Investor Relations at UBA Plc, Razaaq Abiola, has backed the new policy of the Central Bank of Nigeria targeted at managing the current

Telecom: Call, data subscriptions hit 221.7m, 160.2m

Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest telecom