New Telegraph

Cost Of Governance: LCCI Lauds Tinubu’s Decision On Official Trips

Cost Of Governance: LCCI Lauds Tinubu’s Decision On Official Trips

The Lagos Chamber of Commerce and Industry (LCCI) has commended President Bola Tinubu for taking two critical decisions to cut down cost of governance. The LCCI stated that government’s decision to reduce the number of…

NACCIMA Hails CBN For Effective Forex Backlog Clearance

NACCIMA Hails CBN For Effective Forex Backlog Clearance

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has commended the clearance of a $7 billion foreign exchange backlog by the Central Bank of Nigeria (CBN), reiterating the need to take…

Oil Price Hits Over $85 As Heightened Risk Raises Supply Concern

Oil Price Hits Over $85 As Heightened Risk Raises Supply Concern

The price of Brent crude futures hit $85.67 yesterday while that of U.S. crude futures rose to $80.88 per barrel, according to Reuters. The rise in the early Asian trading is attributed to concern over…

Binance: Employee’s Safety Paramount To US

Binance: Employee’s Safety Paramount To US

Cryptocurrency company, Binance, has reacted to the escape of one its employees, Nadeem Anjarwalla, from the custody of Nigerian officials, saying that the safety of its worker is more paramount to it. The company, in…

PMS: NNPC LIMITED Pact With Marketers Crashes Ex-depot Price

PMS: NNPC LIMITED Pact With Marketers Crashes Ex-depot Price

National President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Abubakar Maigandi, has said that fuel ex depot price has reduced from N640 per litre to N630 per litre under the direct allocation arrangement between…

Discordant tunes over NNPC Ltd’s $3.3bn Afreximbank facility

Discordant tunes over NNPC Ltd’s $3.3bn Afreximbank facility

Though Nigerian has received an initial disbursement of $2.25 million of the facility provided by the African Export-Import Bank, (Afreximbank) and expecting a second tranche of $1.05 million to be disbursed subsequently to the country,…

Qatar Airways’ chief outlines ambitious future for airline

Qatar Airways’ chief outlines ambitious future for airline

Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, has revealed several major new developments in line with his vision for the future of Qatar Airways. Designed to invigorate the global airline and its…

Minister backs Nigeria’s first-ever aviation reality TV show

Minister backs Nigeria’s first-ever aviation reality TV show

The Minister of Aviation and Aerospace Development, Festus Keyamo, has backed the commencement of Nigeria’s first-ever aviation Reality TV Show. The Minister gave his support when the visionary team behind the groundbreaking reality TV show,…

CBN: Credit to govt, private sector hit N114.79trn in February

CBN: Credit to govt, private sector hit N114.79trn in February

Financial institutions’ credit to the economy (government and private sector) rose by N44.60 trillion or 63.55 per cent to N114.79 trillion in February 2024 compared with N70.19 trillion in the corresponding period of last year,…

Kyari: FID on $25bn NigeriaMorocco gas pipeline for Dec

Kyari: FID on $25bn NigeriaMorocco gas pipeline for Dec

The Final Investment Decision (FID) on the $25 billion Nigeria-Morocco gas pipeline would be made in December 2024, the Group Chief Executive Officer of the Nigeria National Petroleum Company Ltd (NNPCL), Mr. Mele Kyari, has…