Federal Airports Authority of Nigeria, FAAN, on Friday appealed to airlines whose aircraft are parked at the Murtala Muhammed International Airport, MMIA, Lagos Apron and are not deploying them immediately for flight operations, to relocate them to any other less busy airport outside Lagos

Mike Adenuga Now Africa's Second Richest Person

Owner of Globalcom, the third-largest mobile phone network provider, Conoil oil CEO, Mike Adenuga has been named Africa's second richest man, with a net worth of $9.2 billion only being topped by another Nigerian Aliko Dangote with $10.3 billion.

The Royal Dutch Shell revealed in its annual report that, it has paid the Nigerian government $6,397,325.844 as oil production entitlement, taxes, royalties and fees arising from the company’s activities involving oil and gas exploration, development and extraction in the year 2018.

N359 million Spent By Nigerians Over The Yuletide

The Yuletide season has reached its twilight, it was recorded that several Nigerians took to the street and markets to make it a memorable one and others found self-gratification in the movies.

Innoson CEO Wins Case Against GTB

In what appears to be a twist of fate, Innoson Nigeria Limited, an indigenous vehicle production company, has instituted a move to take over Guaranteed Trust Bank, (GTB), following a ruling by the Supreme Court over the bank’s N8.7 billion indebtedness to the company.

MTN to pay $53m as settlement for CBN CCI dispute

The dispute betweenMTNNigeria and the Central bank of Nigeria has been resolved as both parties agreed to a $53m settlement.  The telecommunications giant settled the dispute with a $53 million payment, the company said in a message posted on Twitter on Monday.

Nigeria's External Reserves

In the wake of increasing foreign portfolio investments (FPIs) and stability in crude oil price, the nations external reserve has risen to a five-month high of $43.507 billion as at Thursday, 21st March 2019.

The Nigeria Labour Congress (NLC) has rejected the plan by President Muhammadu Buhari to set up technical Committee to look into the already agreed N30,000 New Minimum Wage, in order to ensure hitch-free implementation. 

The Ogun State Command of the Nigeria Police on Saturday paraded three suspects who reportedly smuggled 34, 865 live cartridges from the Republic of Togo into Nigeria through Ogun border.

There are indicators that oil market globally would be stable, which invariably oil producing nations, Nigeria inclusive will experience rise in their revenue in 2019, as Organisation of Petroleum Exporting Countries, OPEC has forecast high demand to rise by 1.29mb/d during this period.