Nigerians to Enjoy Free Trips to Dubai for Shopping Festival

By Modupe Gbadeyanka Operations of foreign airlines at the Murtala Muhammed International Airport (MMIA) have been moved to the new international terminal of the facility. This followed the directive of the Federal Airports Authority of Nigeria (FAAN) to the airline operators in compliance with an order of the Minister of Aviation and Aerospace Development, Mr Festus Keyamo, a few days ago. During a visit to the Lagos airport, Mr Keyamo asked foreign airlines to move to Terminal 1 of the facility on or before October 1, 2023. However, after a fire incident at the MMIA on Wednesday, FAAN, which oversees

Iceland, a land of dramatic landscapes and otherworldly beauty, beckons adventurers from around the globe. Whether you’re drawn to the mesmerizing Northern Lights, the sizzling geothermal wonders, or the untamed wilderness, Iceland has something captivating for every traveller. The popularity of Iceland tours has surged in recent years, and it’s no wonder why. This article is your gateway to the top nine captivating holiday packages in Iceland, offering a diverse range of experiences that will leave you spellbound by the Land of Fire and Ice. 1. The Golden Circle: Classic Beauty and Beyond The Golden Circle, one of Iceland’s most

Are you wholly bowed towards relocating to Nashville, Tennessee? If so, one of the most critical tasks in the moving process involves figuring out where to purchase a home in Nashville. You’re in luck since a wide variety of housing alternatives will be available to you. According to Redfin, there is fierce competition when purchasing a home in Nashville. This is because the city is among the best in the nation for job market expansion. Unfortunately, due to high demand, Nashville’s homebuyers are driving up the prices. Here are some of the key considerations that you should adhere to when

Are you ready to enjoy the night views? After reading this article, you will feel like you are on the journey yourself. Let us refresh your memories together and leave some memories for the future. At the different points of enjoyment and excitement, there is Dubai dhow cruise creek dubai available to give you a long-lasting experience. With plenty of exploration and exciting attractions, Dubai is a luxurious city. It is also known as the “City of Gold” with its dynamic destination. In this article, we will explore the dhow cruise creek, which offers many attractions and the best experiences.

By Modupe Gbadeyanka The Presidential Task Force (PTF) on COVID-19 has been urged to reopen the Mallam Aminu Kano International Airport, Kano. The House of Representatives, which made the appeal at the plenary on Wednesday in Abuja presided over by the Deputy Speaker, Mr Ahmed Idris Wase, argued that the closure of the facility has led to the loss of many jobs. The lawmakers said since the airport was shut down in March 2020 as part of efforts to curb the spread of the coronavirus disease, many passengers who rely on the airport for their international and domestic engagements have

By Modupe Gbadeyanka The value of 28 equities on the Nigerian Stock Exchange (NSE) increased in the four-day trading session of last week. This was higher than the 25 equities in the previous week, which had five sessions. Also, in the week, a total of 20 stocks depreciated in price, lower than 33 equities in the previous week, while 115 shares remained unchanged, higher than 105 shares recorded in the preceding week. Business Post reports that Ardova was the best performing stock, gaining 20.94 percent to close at N11.55 per share. LASACO Assurance gained 12.50 percent during the week to

By Dipo Olowookere For the umpteenth time, the Central Bank of Nigeria (CBN) has refused to shift ground to raise stop rates of treasury bills sold to investors via secondary market. At the OMO auction yesterday, which the apex bank conducted to control the volume of liquidity in the financial system, rates were left as they were in the previous exercise. Market players reacted to the refusal of the central bank to offer higher rate by staying away from the exercise. Of the N130 billion worth of the OMO bills auctioned by the CBN on Friday, it only received subscriptions

By Modupe Gbadeyanka Nigeria’s currency, Naira, slumped to 450 per Dollar at the parallel market on Tuesday after it traded N445 per Dollar the previous day. Also, the Naira exchanged N570 to a Pound compared to N564 to one Pound it traded on Monday, while the Euro remained relatively stable at N490 as previous day. At the interbank market, the closed at N312.98 against one Dollar compared to N308.37 to a US Dollar it closed the previous day.

By Adedapo Adesanya The two major crude oil grades rose by more than 1 per cent on Monday after the Organisation of the Petroleum Exporting Countries (OPEC) monthly market report eased worries about waning demand. During the session, Brent crude futures increased by $1.09 or 1.3 per cent to $82.52 a barrel and the US West Texas Intermediate (WTI) crude futures also gained $1.09 or 1.4 per cent to close at $78.26 per barrel. In a monthly report, OPEC said oil market fundamentals remained strong and blamed speculators for a drop in prices. The Monthly Oil Market Report (MOMR) released

By Adedapo Adesanya The candidate of the Labour Party (LP) in the 2023 presidential election, Mr Peter Obi, has defeated Mr Bola Tinubu of the All Progressives Congress in Lagos State in a development that is unprecedented in the state. The Independent National Electoral Commission (INEC) results on Monday, tracked by Business Post, showed that Mr Obi won in a hotly-contested race against Mr Tinubu, a former two-time state governor of the country’s commercial hub. Mr Tinubu, known as Jagaban, has been regarded as the godfather of the Lagos political landscape and a kingmaker who has a hand in the

By Adedapo Adesanya The Cross River and Akwa Ibom chapters of the Manufacturers Association of Nigeria (MAN) have expressed their intention to partner with the Nigerian Export-Import (NEXIM) Bank to enhance exports from both states. The chairman of the chapter, Mr Akin Oyediran, expressed this on Saturday during his visit to identify industries that could export agricultural products in Cross River to help them partner effectively with NEXIM Bank. He said under his watch, the group would key into the African Continental Free Trade Agreement (AfCFTA) and mobilise industry and companies with available opportunities in the export market. “My visit

By Dipo Olowookere The management of C&I Leasing Plc has disclosed that managers of the Aureos Africa Fund, Abraaj, have agreed to convert the $10 million loan stock in the quoted company to equity. C&I Leasing trades its shares on the floor of the Nigerian Stock Exchange (NSE) and in a statement issued today, the firm said the conversion of the debt to equity will bring about positive development to the company. Business Post reports that the $10 million unsecured, coupon redeemable and convertible loan stock in C & I Leasing matured in 2018. It was during a meeting of