The International Air Transport Association (IATA) has said that foreign airlines’ blocked funds in Nigeria have risen to over 743.7 million dollars. IATA disclosed this in a letter written to…
The National Bureau of Statistics (NBS) says the country’s headline inflation rate rose to 21.91 percent in February 2023 compared to 21.82 percent of January 2023, indicating an increase of…
Shockwaves from the collapse of Silicon Valley Bank further pounded global bank stocks on Tuesday as assurances from President Joe Biden and other policymakers did little to calm markets and…
In the quest for improved revenue generation in the aviation sector, the Federal Government through the Ministry of Aviation is looking at ways of collecting landing fees from helicopters operating…
Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial crisis, but a recovery in Chinese demand provided…
Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system, after…
President Joe Biden and top EU official Ursula von der Leyen announced progress in defusing a transatlantic trade dispute Friday and renewed their commitment to back Ukraine against Russia. In…
Britain’s aviation regulator ordered London’s Heathrow airport on Wednesday to reduce fees it charges airlines, with demand bouncing back strongly after the lifting of pandemic lockdowns. Heathrow hit out at…
Dell Technologies Inc (DELL.N) forecast current-quarter revenue and profit below Wall Street estimates on Thursday, hit by an ongoing demand slump in its PC business due to consumers and businesses…
Saudi Arabia has launched 192 billion riyals ($51.2 billion) of investments led by local companies, including oil giant Aramco (2222.SE), SABIC (2010.SE) and Ma’aden (1211.SE), under a government-backed initiative, state…