Boeing Scales Back Farnborough Air Show Amid Safety and Production Crises
Boeing has scaled back its Farnborough Air Show presence amid ongoing safety issues, while Airbus showcased its new A321XLR.
Boeing has scaled back its Farnborough Air Show presence amid ongoing safety issues, while Airbus showcased its new A321XLR.
Dangote Refinery is negotiating with Libya and Angola for crude oil to tackle domestic supply challenges
An Abuja-bound Max Air flight with 119 passengers became disabled at Yola Airport after losing all four tyres while taxiing.
Kelvin Emmanuel has blamed NNPC for Dangote having to import crude, and urged the National Assembly to commence a probe.
Dangote proposes that the CEO of NMDPRA and a Dangote refinery representative, conduct tests across different filling stations for transparency.
CBN has introduced new guidelines for managing dormant accounts and unclaimed balances, requiring transfers to the apex bank after 10 years.
Banking stocks on NGX have depreciated after the Senate’s retroactive amendment to the Finance Act 2023 and windfall tax proposal.
Tinubu promises reforms will make Nigeria globally competitive while ENI boss Claudio Descalzi assures Nigerians that investors are not leaving.
“Air Peace has never dry-leased any aircraft since its inception and has never been blacklisted by any lessor,” the airline said.
CBN has approved the sale of $20,000 to each eligible BDC operator at N1,450/$ to meet demand for invisible transactions.
Investors have warned that amending the Finance Act 2023 could undermine confidence and negatively impact Nigeria’s investment climate if enacted.
Chappal Energies has expanded its footprint with TotalEnergies’ 10% stake in SPDC JV assets, boosting production and reserves.
CEO of Sonora Capital, Kunle Alonge, has cautioned against risky currency pair trading, emphasising the need for thorough fundamental understanding.
UK has appointed Mark Smithson as Country Director for DBT, succeeding Chim Chalemera, to boost investments between UK and Nigeria.
UK inflation holds steady, paving the way for potential interest rate cut, as PM Starmer vows to boost economic growth.
AMCON MD Gbenga Alade, revealed that AMCON has recovered N1.960 trillion from debtors, during a House of Representatives oversight visit.
HSBC has appointed Georges Elhedery, its finance chief since 2005, as the new CEO following current CEO Quinn’s unexpected retirement.
For the second consecutive year, the AfDB’s sovereign portfolio has secured the top spot in the Aid Transparency Index.
The IMF has slightly adjusted Nigeria’s 2024 economic growth forecast from 3.3% to 3.1%, reflecting weaker-than-expected first-quarter performance.
IMF has predicted global inflation to decrease from 6.7% in 2023 to 5.9% in 2024 and 4.4% in 2025, despite challenges.
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