CBN offers additional $367 Million to ease FOREX crisis

CBN offers additional $367 Million to ease FOREX crisis

As part of measures to tackle Nigeria’s Foreign Exchange (FOREX) crisis, the Central Bank of Nigeria (CBN) on Monday carried out another round of retail interventions in the interbank FOREX market by providing $367,134,329.93 to meet the forward requests of...
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British Airways to offer less legroom

British Airways to offer less legroom

(BBC) British Airways plans to squeeze in more passengers on some planes it flies to European cities. From next year, the airline said there will be a “small increase” in the number of seats on its Airbus A320 and A321...
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Abuja Airport closure: FG unveils measures to ease passengers’ plight

Abuja Airport closure: FG unveils measures to ease passengers’ plight

The Federal Government on Monday announced measures to ease the plight of passengers during the six weeks that the Nnamdi Azikiwe International Airport in Abuja will be closed for the reconstruction of the sole runway. The measures were announced at...
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Process BTA, PTA in 24 hours, CBN tells Banks, Dealers

Process BTA, PTA in 24 hours, CBN tells Banks, Dealers

To curtail speculations and facilitate prompt assistance to genuine foreign exchange (FOREX) customers, the Central Bank of Nigeria (CBN) has directed banks to henceforth ensure that all applications for Basic/Personal Travel Allowance (BTA/PTA) are processed ...
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LCCI to Osinbajo: Sustain strategic engagement with Niger Delta stakeholders

LCCI to Osinbajo: Sustain strategic engagement with Niger Delta stakeholders

The Lagos Chamber of Commerce and Industry (LCCI) at the weekend advised the Acting President, Prof Yemi Osinbajo to sustain ongoing engagement with stakeholders in the Niger Delta. President of LCCI, Dr (Mrs) Nike Akande, said: “The country has witnessed...
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LCCI, MAN, Maritime business leaders to grace Town Hall on cargo charges

LCCI, MAN, Maritime business leaders to grace Town Hall on cargo charges

The Lagos Chamber of Commerce and Industry (LCCI), Manufacturers Association of Nigeria (MAN) and business leaders in the maritime industry have all geared up for a one-day town hall meeting on cargo and port handling charges. The town hall which...
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LCCI tasks state govts on land titles, multiple taxes, levies

LCCI tasks state govts on land titles, multiple taxes, levies

By Moses Ebosele –  The Lagos Chamber of Commerce and Industry (LCCI) on Saturday challenged States Governments in Nigeria to take a cue from the current steps of the Federal Government to improve investment environment. Commending the creation of the.....
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Ford to offer built-in moderm with wi-fi powered by Vodafone

Ford to offer built-in moderm with wi-fi powered by Vodafone

Ford has partnered with Vodafone to bring 4G LTE connectivity to vehicles in Europe via the new FordPass Connect built-in modem and Wi-Fi hotspot capability. Incorporating an external aerial, the Wi-Fi hotspot according to a statement from Ford enables up...
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Fero Mobile unveils brand, two new devices in Nigeria

Fero Mobile unveils brand, two new devices in Nigeria

Fero Mobile, the newest entrant into the Nigerian mobile phone market has unveiled  two new smart devices in Lagos. The devices are the Iris smart phone and the Royal A1 smart phone. The ‘EYE-conic’ IRIS smart phone comes with an...
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Halima Dangote seeks more women integration, empowerment in key technology leadership positions

Halima Dangote seeks more women integration, empowerment in key technology leadership positions

Executive Director and Daughter of Africa’s richest man, Halima Dangote has premised Dangote Group’s support for women leaders in technology on the need to “sustainably integrate and empower women in the wave of digital led globalization that is redefini...
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‘Economic dangers of an amended NLNG Act’

‘Economic dangers of an amended NLNG Act’

Hopes for economic and industrial growth will be dashed if inhibitors such as the removal of legislative frameworks like the Nigeria LNG Limited (NLNG) Fiscal Incentives, Guarantees and Assurances Act, are permitted in the Nigerian gas industry, the Managing D...
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Wakanow founder emerges travel man of the year

Wakanow founder emerges travel man of the year

Founder and Group Managing Director of Wakanow, Mr. Obinna Ekezie has been named Travel Man of the Year at the 2016 ATQ Travel Personality awards scheduled to hold in March this year.   Organized by African Travel Quarterly, a member...
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How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders

How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders

The Lagos Deep Offshore Logistics base (LADOL) has joined notable world business promoters in mapping out strategies to actualize how Africa could effectively reap a whopping $1 trillion from a projected $12 trillion new market value in an emerging global...
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Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016

Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016

For the year 2016, Dangote Cement Plc exported 0.4 million tons of Cement to other countries and generated N615.1Billion revenue. Presenting its 2016 full year audited results on the floor of the Nigerian Stock Exchange (NSE) in Lagos on Tuesday,...
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