Senate Approves New Chinese Bank For $23bn Railway Project   Senate on Tuesday rescinded its decision on the financier of the Kaduna-Kano railway project in the country from the China Exim Bank to the China Development Bank and harmonised the terms...

Capital Importation Records 4th Decline To $1.06bn In Q4, 2022   Capital imported into the country recorded the fourth consecutive quarterly decline to $1.06 billion in the fourth quarter of 2022 (Q4’22), from $1.15 billion in Q3’22. Data from the National Bureau...

In Five Years, Nigerian Equities Market Attract $19.2bn Investment   As foreign investors take a position in low-priced stocks, the Nigerian equities market attracted a total of $19.2 billion (N8.83 trillion) in Foreign Direct Investment between 2018 and 2022, a report...

Fresh Audit Report Indicts 37 Fed Govt Agencies   The Senate on Tuesday started the consideration of the 2016 Auditor General report as the Panel on Public Accounts indicted 37 Ministries, Departments and Agencies (MDAs) for violation of financial procedure. The consideration...

'Global Economic Crisis Will Affect Marketing Industry'   Stakeholders have stated that Nigeria’s marketing sector should brace up for global economic spill over effects in the year 2023. This call was made at the just concluded Industry Summit 4.0, themed “How marketers...

Aviation Loses $3.5bn Over High Operating Cost, Poor Infrastructure   Operational challenges in the air transport sector in Nigeria and other African countries have been blamed for the loss of $3.5 billion of potential revenue in three years. The International Air Transport...