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Category: Business
Naira gains N20 weekly against Dollar
The Naira gained N18.85 and N20 against the dollar on a week-on-week basis, respectively, at the official and parallel foreign exchange markets. At the official…
Flight delays, cancellations should be strictly penalised – FG panel
The Federal Government, through the Central Results Delivery Coordination Unit, has urged the Ministry of Aviation and Aerospace Development and the Nigerian Civil Aviation Authority…
50% Telecoms tariff hike: Subscribers reject planned NLC shutdown
The National Association of Telecommunications Subscribers (NATCOMS) has rejected the shutdown and boycott of telecom service proposal by the Nigeria Labour Congress in protest of…
Naira drops against dollar on official, black markets
The naira dipped against the dollar in both official and parallel foreign exchange markets on Tuesday. FMDQ data showed that the naira weakened further for…
Nigerian airline secures IATA certification
A Nigerian airline, Air Peace, has secured International Air Transport Association Operational Safety Audit (IOSA), certification. The company made this known in a statement sent…
NNPCL jerks up fuel price
The Nigerian National Petroleum Company Limited has increased the price of Premium Motor Spirit, petrol, across its retail outlets. THE PRIME NEWS on Tuesday gathered…
How Trump’s policy will impact petrol prices, Naira – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has explained the implications of United States President, Donald Trump’s administration on the price of Premium…
50% telecom tariff hike: POS operators to hike charges
The Association of Mobile Money & Bank Agents in Nigeria (AMMBAN) has said its members may have no option but to increase service charges. Ogungbayi…
Senate suspends 2025 budget defence of Office of Auditor General 24 hours to deadline
The Nigerian Senate has suspended the 2025 budget defence for the Officemof Auditor General for the Federation. The development may result to zero allocation to…
Aviation Minister inaugurates $10m Xejet’s flight support, engineering hub in Abuja
The Minister of Aviation and Aerospace Development, Festus Keyamo, on Tuesday inaugurated Xejet’s state-of-the-art Flight Support and Engineering Hub at the Nnamdi Azikiwe International Airport…