Wednesday, 21 February 2018

Foreign airlines regretting not using Kaduna airport – FG

Okechukwu Nnodim, Abuja Foreign airlines that refused to use the Kaduna International Airport as an alternative to the Nnamdi Azikiwe International Airport, Abuja, are currently regretting their decisions, the Federal Government has said. The only foreign carrier that had agreed to operate into the Kaduna airport, Ethiopian Airline, flew in from Addis Ababa on Wednesday, […]

Why cost of cooking gas is high — NLNG MD

Olusola Fabiyi, Abuja The Managing Director of Nigeria Liquefied Natural Gas, Mr. Tony Attah, says that the company has not increased the cost of gas. He identified market dynamics and faulty supply chain as reasons for what he described as inconsistency in the price of cooking gas in the country. Cooking gas is also known […]

Understanding the FGN savings bonds

Ugo Obi-Chukwu ugodre@nairametrics.com The Debt Management Office of Nigeria launched a new retail investment programme called the FGN Savings Bonds. In this article, Nairametrics will explain what the FGN Savings Bond means and how you can subscribe to it. We will also explain the difference between this product and other similar ones such as treasury […]

OPEC deal yielding benefits for Nigeria, says Kachikwu

’Femi Asu The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the agreement by the Organisation of the Petroleum Exporting Countries and non-OPEC producers to cut production with a view to stabilising prices is already yielding results for Nigeria. He said higher oil prices and a long-term plan for production were spearheading […]

IE urges caution as rainy season begins

One of the nation’s electricity distribution firms, Ikeja Electric, has called on the general public to exercise caution around electrical installations within its network as the rainy season sets in. According to the company, the rainy season is usually plagued with increased accidents within the electricity sector as a result of heavy rainfall, windstorms and […]