Economy
Stop Going On Foreign Medical Trips, Senate C’ttee Tells Buhari
The Senate Committee on Federal Character and Inter-Governmental Affairs yesterday said President Muhammadu Buhari should, henceforth, be treated at Nigerian...
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COVID-19: Nigerians Barred From China
China has temporarily suspended issuing entry visa for Nigerians and non-Chinese nationals into its territory and cited COVID-19 as reason....
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FG, Transcorp sign deal to boost national grid by 966MW
The Federal Government and Transcorp Power Consortium, yesterday, signed a share-sale-and-purchase agreement to add 966 megawatts to the national grid....
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Six -month ban awaits COVID-19 test defaulters
Worried by the second wave of COVID-19 already forcing another lockdown in places like France and the United Kingdom, the...
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We’ll begin oil exploration in Chad Basin soon – FG
The Federal Government on Wednesday said it was willing to resume oil exploration in the Lake Chad Basin. The exercise...
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Biden Presidency may review visa ban
• World’s biggest Democracy suffers setback • Democrats support Nigeria’s WTO bid As emergence of President-elect in the U.S....
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Insurers gave free riot covers before #EndSARS protests– NAICOM
The Commissioner for Insurance, Mr Sunday Thomas, has said insurance companies gave free strike, riot and civil commotion covers to...
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GTBank Gets CBN’s Approval-in-principle for HoldCo Structure
Guaranty Trust Bank Plc yesterday disclosed that it has obtained an approval-in-principle from the Central Bank of Nigeria (CBN) to...
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Biden close to victory
Democratic candidate needs six more Electoral Votes to triumph Trump in court to challenge Wisconsin, Michigan results Democratic candidate Joe...
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Cybersecurity: Experts Warn against Nigeria’s Vulnerability
Cyber-security experts in the country have warned against vulnerable websites of individuals and organisations across the country, saying it may...
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‘Dangote Refinery 80 Per Cent Completed’
The Dangote Petrochemical Refinery project in Lagos is now 80 per cent completed with production projected to begin by the...
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Nigeria to migrate fixed line network to 10-digit number
Although, fixed lines represent only 0.13 per cent of the total telephone subscription in Nigeria, there are, however, plans that...
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Afreximbank, others launch $1.5b fund to support African economies
THE African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, partners with the International Islamic Trade Finance Corporation (ITFC), the...
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Firms expect borrowing, inflation rates to rise – CBN
The Central Bank of Nigeria has said the firms that participated in its latest business expectations survey expect borrowing and...
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Linkage Assurance Grows Assets to N32.9bn in Q3
Underwriting firm, Linkage Assurance Plc, said it grew its total assets to N32.9 billion at the end of the third...
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Consumers lament outrageous billing despite NERC capping
Despite a regulation capping the limit to which distribution companies (DisCos) can charge electricity consumers who are not metered, overbilling...
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Expect Massive COVID-19 Infections In 2 Weeks – FG
States received N50bn to fight coronavirus-PTF says 65% of Nigerian returnees evading tests Govt to establish vaccine production company The...
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FG seeks fresh $1.2bn loan from Brazil
The Federal Government is seeking a $1.2bn external borrowing from China to finance agricultural programmes in the 2021 budget. A...
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W’Bank Projects $2bn Drop in Nigeria’s Diaspora Remittances
The World Bank has predicted that inflow of Diaspora remittance to Nigeria will drop by $2 billion in 2020 to...
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Profit-taking halts gaining streak as market capitalisation sheds N27b
As anticipated, profit-taking by investors at the Nigerian equities sector halted six days of bullish run to commence trading on...
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Nigeria generated N424.71bn VAT – NBS
The National Bureau of Statistics on Monday said N424.71bn was generated as VAT in the third quarter of the year....
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Local airlines’ debt burden hits N22b
Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22...
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Below 40% of 5,120km pipeline operational in Nigeria, says NNPC
Nigerian National Petroleum Corporation (NNPC), has revealed that only 38 per cent of the over 5,120 kilometre owned by the...
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Dangote Sugar Refinery Grows Nine-month’s Profit by 81% to N27bn
Dangote Sugar Refinery (DSR) Plc has grown its profit after tax for the nine months ended September 30, 2020, by...
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Stock market gains N2.7tn in two months
Equity trading on the Nigerian Stock Exchange recorded a gain of N2.75tn in the last two months (September and October...
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