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Editors Pick

Lagos Airport Welcomes New A-350 Ethiopian Aircraft

The Ethiopian Airlines latest A-350 aircraft made a grand entry into the Murtala Muhammed International Airport (MMIA), Lagos amid applause. The aircraft was welcomed with a colourful water canon shower by the Federal Airports Authority of Nigeria,(FAAN) fire tenders at the weekend. General Manager of Ethiopian...

China, Nigeria trade imbalance hits N1.67tr in 5 years

The imbalance in trade volume between the Peoples Republic of China and Nigeria has averaged about N1.67 trillion in the last five years just as the volume of trade between both countries rose by N2.43 trillion ($8.57 billion) in six years. The Minister of Budget...

CBN, NITDA to Collaborate on Data Protection

The Nigeria Electronic Fraud Forum (NeFF) said it has recommended that the Central Bank of Nigeria (CBN) and the National Information Technology Agency (NITDA) work together in pursuing the enactment of a Data Protection Law for Nigeria. The Sub-committee of NeFF made the recommendation to...

FG Still Pays Bridging Claims Despite Subsidy Removal

  The federal government is still incurring huge bills to bridge petrol despite removing subsidy on the product, findings have shown. Bridging claims, a major component in the distribution margins, are paid as reimbursement to marketers for losses incurred as a result of sale of petroleum...

Presidency Empowers Tech Start-ups For Growth

The Presidency has begun a search for start-ups that will receive the support of President Muhammadu Buhari in a bid to grow indigenous giants in the technology industry. At two pitch events in Lagos and Abuja, 112 new firms presented their ideas to a panel...

NECA Clarifies Retrenchment in Banks

The Nigeria Employers’ Consultative Association has clarified the alleged retrenchment of workers by some Deposit Money Banks in the country. The representative of employers’ in the private sector, at a press conference on Monday, explained that the issue of retrenchment in the banking sector had...