Economy

The Federal Government spent a total N650.2bn in subsidising Premium Motor Spirit; latest statistics obtained from the Nigerian National Petroleum...

The National Insurance Commission is engaging other regulatory bodies on how to assist the insurance companies to meet up with...

There are expectations that operators in Nigerian downstream oil and gas sector can grow revenue earnings from the sale of...

Electricity distribution companies are expected to repay this year N34.05bn of the loan disbursed under the Central Bank of Nigeria-Nigeria...

Small business owners yesterday kicked against the plan by the Federal Inland Revenue Service Board (FIRS) to charge 5 percent...

Federal Government has been urged to halt the dumping of used cars from China to save the local auto industry....

Deutsche Bank has agreed to pay more than $16 million to settle charges that it violated US corruption laws by...

Lagos  – Payday lending first emerged in the early 1990s as banks in developed countries dialled back on small credit offerings,...

The National Insurance Commission (NAICOM) recently issued an ultimatum to insurance companies operating in the country to recapitalise on or...

The investment of 10 Nigerian Deposit Money Banks in software, which has accrued over the years, reached N120bn as of...

The President of the Ship Owners Association of Nigeria (SOAN), Dr Mkgeorge Onyung, has stressed the need for capacity building...

Cornerstone Insurance Plc has returned to profitability. Its 2018 financial year end. Its Profit before Tax for  2018 stood at...

Africa Finance Corporation (AFC) has announced the approval of a $230 million loan facility for 9mobile to help it attain...

Cybersecurity firm, Kaspersky, has raised an alarm over security breaches, which emanated from apps downloads.   According to it, the...

HEAVY fines await banks processing transactions for North Korea and Iran, Adjunct Senior Fellow, Energy, Economics and Security, Centre for...