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Category: Business
Tariff war: Respect state electricity regulators, FG warns Discos
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has told electricity distribution companies to treat state regulators with respect. The Vice Chairman of…
NCAA DG raises alarm over aviation fraud, seeks EFCC intervention
The Director General (DG) of the Nigerian Civil Aviation Authority (NCAA), Captain Chris Najomo has raised the alarm over the rising cases of fraudulent activities…
Why Chinese traders prefer Naira over US Dollar – BDC operators
The National President of the Association of Bureau De Change Operators (ABCON), Aminu Gwadabe, has explained that the naira appreciation against the dollar is partly…
BPE to list two Discos, GenCo in NGX, privatise 91 FG assets
The Bureau of Public Enterprise (BPE) has announced a plan to list two electricity distribution companies and one generation company on Nigerian Exchange Limited. This…
Price of cooking gas reduces in Nigeria
The average price of Liquefied Petroleum Gas, known as cooking gas, has dropped on a month-on-month basis. This is the case, as the price of…
Leave before visa expires, UK warns foreign students
Tens of thousands of international students in the United Kingdom are being directly contacted by the government with a warning: leave the country when your…
Medical emergency forces United Airlines flight back to Lagos
A United Airlines flight from Lagos to Washington, D.C., was forced to make an emergency return on Tuesday after a passenger developed a medical complication…
Naira posts biggest single-day gain against dollar in official, black markets
The naira recorded its highest single-day appreciation against the dollar across both the official and parallel foreign exchange markets on Monday. THE PRIME NEWS reports…
Pakistan, Nigeria’s reliable partner in fight against terror – High Commissioner
Pakistani High Commissioner to Nigeria, retired Maj.-Gen. Sohail Khan, says his country is a key player in international forums and a reliable partner in the…
Nigerian embassies hit by unpaid rent, salary arrears
The Federal Government has admitted to mounting financial and operational difficulties across Nigeria’s diplomatic and consular missions abroad, blaming budgetary shortfalls and foreign exchange policy…