The news is by your side.
Browsing Category

Business News

Power Generation Collapses To 145MW

On November 8, the country’s electricity grid recorded a partial collapse as it dropped from 4,735.8MW to 429.5MW. The total amount of power on Nigeria’s grid collapsed from a peak of 4,735.8 megawatts on Friday to as low as 145MW on…

Stanbic IBTC Retains Fitch’s ‘AAA’ Rating

A recent report by globally renowned credit rating agency, Fitch Ratings, has affirmed that Stanbic IBTC Holdings PLC, and Stanbic IBTC Bank PLC, its banking subsidiary, have retained their National Long-Term Ratings of AAA(nga). According…

Air Peace Introduces B737-800 New Generation Aircraft

Nigeria's leading carrier, Air Peace, has brought in a B737-800NG to help sustain its expansion, domestic and regional operations.    The aircraft arrived the Murtala Mohammed International Airport at about 20.00hrs Thursday from…

Nigerian Roads Not As Bad As People Say – Fashola

The Minister of Works and Housing, Babatunde Fashola, said on Wednesday that Nigerian roads are not as bad as they are being portrayed. He insisted that reports on the poor state of roads in the country are mere hype. …

LONDON TRIP: Buhari Signs Deep Offshore Bill Into Law

President Muhammadu Buhari on Monday in London, assented to the bill amending the Deep Offshore and Inland Basin Production Sharing Contract . This was announced through his official Twitter handle  saying “This afternoon I assented to the…

Stanbic IBTC Launches @ease wallet

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has launched the Stanbic IBTC @ease wallet, in line with its commitment to deepen financial inclusion and drive its digitization agenda. The product is set to provide…
Translate »