Business

Oil Price: Experts Dismiss Gains As Subsidy Nears N200bn       After the international crude oil benchmark, Brent advanced above $70 as the PUNCH reported earlier in...

We Don't Grant Tax Waivers to  local, foreign investors"-Nami The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has disclosed that the Service did...

Nigeria’s Gas Reserves Rise To 206.53tcf – DPR The Department of Petroleum Resources (DPR) says Nigeria has recorded an increase in its proven natural gas...

African airlines’ traffic Down by 78.3% in April –IATA The International Air Transport Association (IATA) has announced that domestic travel demand improved in April 2021...

CBN denies report to nationalize Unity Bank The Central Bank of Nigeria (CBN) has denied media reports of plans to nationalise Unity Bank Plc. The Acting...

Digital currency Underway- CBN The Central Bank of Nigeria (CBN) has revealed plans to announce the coming on board of digital currency before the end...

FG Eyes $6bn Global Coconut Market The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, has said the federal government is committed...

‘We are Exceeding Borrowing Threshold for 2021’-FG Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday admitted that the federal government is exceeding...

Nigeria Sells Idle Electricity To Four Countries The Chairman of the Executive Board of the West African Power Pool, Sule Abdulaziz, said Niger, Togo, Benin and...

Reps Want Urgent Measures to Curb Fall In Naira Value The House of Representatives has urged the Central Bank of Nigeria (CBN) to urgently put...

Rivers, Lagos Lead as Public Debt Climbs to N33.1tn Nigeria’s total public debt had a 0.58 per cent marginal increase from N32.916 trillion as...

NIMC Appoints Spectranet 4G for NIN Enrollment The National Identity Management Commission (NIMC), has appointed Spectranet 4G LTE owned exclusive shops as locations for Nigerians...

Airfares May drop as more planes arrive Passengers are set to enjoy lower air fares as more domestic airlines received more aircraft, many of which...

Buhari Inaugurates Lagos-Ibadan Rail Line For Commercial Operations President Buhari on Thursday inaugurated the commercial operations of Lagos-Ibadan railway project at the Mobolaji Johnson Railway...

At World Environment Day, DBN Commits to Environmental Sustainability The Development Bank of Nigeria (DBN) has reiterated its commitment to sustainability with a pledge to...

SEC Targets $85bn Global Social Bonds Market       The Securities and Exchange Commission, SEC, has commenced moves to ensure that Nigeria and Nigerians benefit from the...

NIP Transactions Hit N20trn In May - NIBSS       Nigerians transacted over N20tn instant payment transactions in May according to the Nigeria Inter-Bank Settlement System. Transaction in...

NLNG Records $110bn Revenue       The Nigerian Liquidfied Natural Gas (NLNG) yesterday said its revenue generation since 1999 has exceeded $110 billion. Its Managing Director, Mr. Tony...

BDC Directors Urge CBN To Review N2 Margin       Bureaux De Change (BDC) directors have called on the Central Bank of Nigeria (CBN) to increase the...

Tomato Import Gulped N16bn In Two Years – NSPRI       The Nigerian Stored Products Research Institute (NSPRI) has disclosed that between 2018 and 2020 Nigeria imported...