guardian.ng markets news headlines

Challenging business environment hindering real sectors competitiveness

Stakeholders have said that unless conscious efforts are made to revive and reposition the real sector, Nigerian manufacturers will not be able to compete. The post Challenging business environment hindering real sectors competitiveness
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14 Aug 2024

Invest Nigeria to introduce 15 unicorn companies

The Lagos Chamber of Commerce and Industry (LCCI) has stated that its upcoming business conference will introduce 15 unicorn companies into the economy. The post Invest Nigeria to introduce 15 unicorn companies
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14 Aug 2024

Azman Air suspends flight operations, asks staff to proceed on leave without pay

Azman Airline has suspended flight operations indefinitely, attributing it to ongoing C-checks on all its aircraft and the high cost of ope The post Azman Air suspends flight operations, asks staff to proceed on leave without pay
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13 Aug 2024

Ibom Air denies ticket racketeering

Ibom Air has said that allegations of ticket racketeering and poor handling of flight check-ins against some of its officials at its Port Harcourt station are baseless and unfounded The airline dismissed the allegations in a statement signed by its General Manager, Marketing, and communication, Ms A
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12 Aug 2024

Minister considers policies for survival of local operators, sector

Minister of Aviation and Aerospace Development, Festus Keyamo, has lamented the shortage of aircraft in Nigeria to service routes and has urged the government to enhance the capacity of local operators for their survival. The post Minister considers policies for survival of local operators, sector
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09 Aug 2024

Stakeholders navigate aviation challenges, proffer solutions

Stakeholders in the aviation industry have emphasised the need for support for the Ministry of Aviation and Aerospace Development's five-point agenda. The post Stakeholders navigate aviation challenges, proffer solutions
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09 Aug 2024

The trouble with lowindustrialisation, weak business confidence

INthe face of rising costs, low sales and worsening business confidence, stakeholders are calling for urgent actions to raise the bar of industrialisation,TOBI AWODIPEwrites. Business activities in the private sector are off to a poor start in the second half of the year, showing a contraction in ke
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07 Aug 2024

Manufacturers fume at frequent import dutyreview, seek stability

(FX) rate benchmark to N1,618/$1, stoking concern about the sincerity of the government in addressing the challenges facing manufacturing. The increase, manufacturers said, is extremely insensitive to their plight, especiallyat this time when they are asking for concessions. They lamented that despi
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07 Aug 2024

Industrialisation will drive national, regional economic growth

Stakeholders have called forthe creation of Special Economic Zones (SEZs), saying they drive industrialisation, anchor economic growth and facilitate trade. Speaking on the sidelines of the just concluded SADC Industrialisation Week and Exhibition, Director of the Economic Commission for Africa (ECA
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07 Aug 2024