The Central Bank of Nigeria (CBN) on Sunday explained the opacity in cryptocurrency transactions remain dangerous to the economy, stressing the need it directed banks to...
The naira last week buckled under the weight of increased dollar demand, depreciatiating in both the parallel market and the Investors and Exporters (I&E) window, even...
Minister of Transportation, Rotimi Amaechi, said he could not answer the repayment plan for the cost of the Nigeria-Niger rail project. Amaechi appeared on Channels TV’s...
Former Vice President Atiku Abubakar has told the federal government led by President Muhammadu Buhari to avoid policies that will push investors away from Nigeria. Atiku...
Former Finance Minister, Ngozi Okonjo-Iweala has expressed gratitude as the United States declared support for her appointment as the next Director-General of the World Trade Organization...
The United States on Friday declared support for the emergence of Ngozi Okonjo-Iweala as the next Director-General of the World Trade Organization (WTO). The announcement by...
The coast seems to be clear former Minister, Yoo Myung-hee, from the race on Friday. Following Yoo’s decision to quit the race, Okonjo-Iweala now remains the...
The Central Bank of Nigeria, CBN, has directed Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions against having...
The Nigerian government has slammed Emirates Airlines’ outbound flights with a 72-hour suspension. This was contained in a Nigerian Civil Aviation Authority (NCAA) circular issued on...
The Nigerian Customs Service has announced that a slash on imported vehicle duties will begin next week. The Comptroller-General of Customs, Hameed Ali made this known...
Some US leaders have written President Joe Biden, urging him to support the candidacy of Ngozi Okonjo-Iweala for the office of the director-general of the World...
Google threatened Friday to block Australians from using its search service unless the government changed landmark legislation to make the internet giant pay news outlets for...
The Minister of Finance, Zainab Ahmed, on Friday, said the Federal Government’s planned sale of public assets will benefit Nigerians and help to boost the economy....
The Federation Accounts Allocation Committee (FAAC) on Wednesday shared to the three tiers of government N619.343 billion as Federation allocation for December, 2020. This amount includes...
TRACKING____In a move expected to yield returns in 2021, Lagos State Governor, Babajide SanwoOlu, has enumerated opportunities worth $2 billion for the United Kingdom business community...
A SECTION of the Nigerian maritime industry stakeholders has called for the resignation of the Minister of Transportation, Mr. Rotimi Amaechi over his comments on the...
Delta State governor, Ifeanyi Okowa says the $40 million (N15.2 billion) Delta Power Industrial complex, being undertaken by the state government in partnership with the private...
Abuja___President Muhammadu Buhari will inaugurate the National Oil and Gas Excellence Centre (NOGEC), Lagos, on Thursday in a bid to boost the operations of the nation’s...
WOMEN of Agudama-Epie community, Yenagoa Local Government Area, Bayelsa State, have complained about incessant destruction of crops by herders that invade their farmlands, uproot cassava and...
TRACKING____In 2020, manufacturers suffered huge declines in sales volumes, despite significant increase in their production cost owing to the economic disruption occasioned by the outbreak of...
Billionaire businessman, Femi Otedola and Founder of MRS Group, Alhaji Sayyu Dantata are some of the first set of Nigerian business leaders to pre-order the yet...
TRACKING____A Federal High Court sitting in Lagos has ordered Emirates Airline to pay a businessman Mr Orji Ikem, the sum of $1,630million USD, that was contained...
••••ECONOMY FOLLOWING fears that Nigeria may have returned to the era of petrol subsidy payment, theFederal Government has been accused of lacking policy clarity in the...
TRACKING___Dangote Industries Limited ended trading on the Nigerian Stock Exchange, Friday, as the biggest loser leaving its owner, Aliko Dangote, with a drop in net worth...
TRACKING____The Coca-cola Company, total beverage company has appointed Alfred Olajide as its new Vice President and Managing Director for its Nigeria operations following a reorganization of...
Nigeria’s tech space would become most viable in Africa — Microsoft Osinbajo Just as global technology giants including Google Inc., HUAWEI, and top social networking company,...
A bill to legalize the cultivation and trading of cannabis for medical use as well as for revenue generation in Nigeria has been proposed. The bill...
TRACKING____Bitcoin surged to $40,000 for the first time, doubling in value in less than a month and pushing the total market value of cryptocurrencies beyond $1...
…N895bn accumulated as unclaimed dividends, dormant account funds …Bankers surprised, unaware “From the commencement of this Act, any unclaimed dividend of a public limited liability company...
TRACKING____ntels Nigeria Limited, Nigeria’s oil and gas logistics giant, has said that its business has not been hindered by political influences from the present government. The...
TRACKING____PRESIDENT of the Ship Owners Association of Nigeria, SOAN, Dr. McGeorge Onyung, has said that if the Federal Government is able to encourage management of the...