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Nigeria Air Takes Off April 2022, Says Aviation Minister

Excluding any last-minute changes, the new national carrier, Nigerian Air, will begin flight operations from April 2022. The Minister of Aviation Hadi Sirika disclosed this on Wednesday while briefing State House Correspondents at the end of the virtual Federal Executive Council meeting presided over by the President, Major General Muhammadu Buhari (retd.) at the Presidential

It’s mixed fortunes over rising crude price

By Taofik Salako, And Muyiwa Lucas. Rising oil price improves the prospects of Nigeria’s budget implementation but it may also stoke inflation and increased hardship on the average Nigerian, in a delicate balancing for a country whose major export is crude oil and import is refined petroleum products. Oil prices spiralled to three-year high above

Winners and Losers in the Energy Transition

Commodity markets can make or break economies. In the first half of the 19th century, the booming whaling industry made New England rich, and New Bedford, Massachusetts, was probably for a while the most prosperous city in the US. But overharvesting made whaling increasingly difficult and whale oil more expensive, and it was steadily replaced

Slow Exit of Covid-19 Menace Ushers in Darkness As Energy Crisis Looming

By Ritesh Barot Business & Financial Analyst Kenyans are furious over repeated fuel price increases this year. The latest last month caused a rumpus as wananchi were already suffering economic adversity due to the effects of the Covid-19 scourge. Fuel prices are at record highs due to an increase in taxes approved by parliament. Petrol prices