The Federal Government of Nigeria has announced the ban of importations of vehicles into the country through the land borders. The prohibition order covers all new and used vehicles. In a statement signed by the spokesperson of the Nigerian Customs...

Jaiz Charity And Development Foundation and its Subsidiaries beyond Borders – a home name in Nigeria, makes steady strides to gaining International Recognition. At the just ended 6th Global Islamic Microfinance Forum, JAIZ Foundation Wins Three Awards at Global...

Telecom: Investments in the Nigerian telecommunications industry since the advent of Global System for Mobile Communication in 2001 has hit $68bn. Of this amount, $35bn came from Foreign Direct Investments. Former Secretary General of the International Telecommunications Union, Dr. Hamadoun Toure,...

The Nigerian local currency, Naira has gained 50k to exchange at N305.00 to a dollar at the interbank market on Monday November 21, 2016. The currency had closed at N305.50 for most part of last week at the interbank market. However,...

The latest report from the National Bureau of Statistics, NBS, says Nigeria’s Gross Domestic Product, GDP, has shrunk by 2.24 percent in the third quarter of 2016, falling deeper than recorded in the first and second quarter of the...

NAICOM says Insurance Directors Acquire Shares without payments An Insurance Company Chairman (name withheld) has returned N66 million stolen fund from an insurance firm through the intervention of the apex Insurance regulator, the National Insurance Commission (NAICOM), Economic Confidential can...