In a statement on Tuesday, Uloka Chibuike, the airline’s public relations officer, said the technical team is working diligently to resolve the issue and restore full services. “Kindly be informed tha...
This comes almost a week after President Donald Trump announced sweeping tariffs on goods entering the US, with Nigeria getting 14 percent. In a post on X on Monday, the USTR highlighted what it descr...
The Presidential Compressed Natural Gas Initiative (PCNGi) said it has secured over $491 million in private sector investment to boost the country’s Compressed Natural Gas (CNG) initiative t...
The founder of the defunct Diamond Bank Plc and a former chairman of MTN Nigeria, Pascal Dozie, is dead. According to a statement issued by the family on Tuesday, the business tycoon died in the early...
Six major Nigerian banks spent ₦268.7 billion ($171.5 million) on IT infrastructure and tech-related services in 2024, owing largely to core banking system upgrades, underscoring how growing competiti...
Arise Business Analyst, Chika Mbonu yesterday discussed the recent CBN’s intervention of $197 million in the FX markets caused by a number of global macroeconomic concerns. Do well to watch the ...
NCAA’S THREAT TO SANCTION AIRLINES The Nigeria Civil Aviation Authority (NCAA) says it will no longer condone airlines selling tickets to passengers, only to airlift them halfway to their destinations...
On Monday, Chukwuka Ikwuazom, Binance’s lawyer, informed Nyang Ekwo, the presiding judge, that a motion had already been filed to that effect on April 4. Ikwuazom said Binance Holdings’ contention was...
Nigeria spent a total of N13.12tn on debt servicing in 2024, representing a 68 per cent increase from the N7.8tn recorded in the previous year, according to an analysis of fresh data from the Debt Man...
YouTube, the streaming service owned by the search engine giant Google, has increased the price of its YouTube Premium service by 54% in Nigeria. The ad-free service, which costs N1,100 for the indivi...