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The Federal Government has lifted the suspension of Arik Air operations. In July, the Nigerian Airspace Management Authority (NAMA) suspended Arik Air’s operations over alleged failure to pay a $2.5 million debt to Atlas Petroleum International Limited. On August 2, the Nigerian Civil Aviation Authority (NCAA) suspended Arik Air flight operations and grounded its three affected aircraft – 5NMJF, 5NMJQ, …

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Nigeria’s equity market maintained its positive trend on Thursday as investors earned N577 billion at the close of trading for the day. This follows the increase in share prices of several stocks such as MTNN, VITAFOAM, and UNILEVER among others on the trading floor today. After five hours of trading in the capital market, equity capitalization rose to N55.7 trillion …

Thursday, August 8 was a day to quickly forget as Team Nigeria recorded a series of poor and unexpected results and performances at the Paris 2024 Olympic Games, culminating in Ese Brume’s failure to secure a medal in the women’s long jump event. Expectations were high among Nigerians ahead of the day as at least one medal is guaranteed for …