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Money makes the world go round, learn about those who spin the wheel

Business

Nigerian Airports Lost N44 Billion In 3 Years

Wires Editor | The Trent -
States governments and regional groups are mounting pressure on Federal Government and aviation agencies to reopen airports nationwide, more for political than economic considerations....
Business

Dangote Cement Records N162.9 Billion Profits In 6 Months

Wires Editor | The Trent -
Africa’s largest cement producer, Dangote Cement plc has announced a Profit Before Tax, PBT, of N162.90 billion for the six months ended June 30,...
Business

Modular Exploitation Of Bitumen Set To Begin

Wires Editor | The Trent -
Three years after the Federal Government awarded bitumen mining licence to the Ondo State Government, an indigenous firm, the South West Bitumen Ltd, SWB,...
Business

CBN Orders Banks To Debit Accounts Of Loan Defaulters

Wires Editor | The Trent -
The Central Bank of Nigeria, CBN, has directed banks and other financial institutions to start debiting accounts of chronic loan defaulters from August 1. The...
Business

Nigeria Made $206 Billion From Oil Export From 2015 To 2019 – OPEC

Wires Editor | The Trent -
A total of $206.065 billion came into Nigeria’s coffers between 2015 and 2019 from the export of oil products. This is according to data obtained...
Business

CBN Stops Forex For Importation Of Maize

News Agency of Nigeria -
The Central Bank of Nigeria (CBN) has directed all athorised dealers to discontinue the processing of Form M for the importation of maize with...
Business

Nigerian Economy Won’t Grow If We Rely On Generators For Power – Manufacturers Association

Wires Editor | The Trent -
The Manufacturers Association of Nigeria, MAN, has said the Nigerian economy cannot grow if industries continue to rely on electricity generators for power supply. Adawari...
Business

DisCos Lose N14 Billion Monthly To Capped Estimated Billing

Wires Editor | The Trent -
Following the Nigerian Electricity Regulatory Commission, NERC, capped estimated billing Power Distribution Companies, DisCos, are losing N13.9 billion monthly. The energy distributors have sought realistic...
Business

Aero, Azman ,Max Air Denied Approval To Resume Flights

Wires Editor | The Trent -
Nigeria Civil Aviation Authority, NCAA, denied Aero Contractors, Azman Air, and Max Air approval to restart flight operations on Tuesday, July 7, 2020, because...
Business

MTN Unveiled As Headline Sponsor For Freestyle UNLOCKED Africa 2020

Inah Emmanuel | News Reporter -
Feet ‘N’ Tricks International, the organisers of the Freestyle UNLOCKED Africa 2020 has announced MTN as the headline sponsor for the fourth annual games...
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