Economy
Experts kick as CBN orders closure of crypto accounts
The Central Bank has ordered banks and other financial institutions to identify persons and entities operating crypto currency exchanges and...
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Stallion Motor Unveils Nigeria’s First Electric Car in Abuja
Stallions Motors has launched Nigeria’s first electric car in Abuja at an elaborate ceremony held yesterday at the Sheraton Hotel....
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Investors lose N110bn as stock market extends decline
Investors in the equities market lost N110bn on Thursday as 25 firms saw their share prices drop at the end...
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Repositioning Airline Business in Nigeria
When Nigeria’s largest carrier, Air Peace set a continental record with an order for 30 brand new Embraer 195-E2 aircraft...
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Total pension assets rose to N12.3tn in 2020 – PenCom
Total pension assets under the Contributory Pension Scheme rose by N2.1tn to N12.3tn as of the of the 2020 from...
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Lagos govt to phase out yellow buses
The Lagos State Government says it plans to phase out yellow buses in accordance with its transportation masterplan of the...
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Oil price nears $59, OPEC+ optimistic about recovery
The international oil benchmark, Brent crude, rose further on Wednesday, trading near $59 per barrel. Oil prices were boosted by...
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Reps grill DPR, summon NNPC, CBN over $20bn oil theft
The House of Representatives has continued its investigation of diverted and stolen crude oil in Nigeria valued at $20m, with...
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FG, World Bank begin process to rebase Nigeria’s GDP
The Federal Government in collaboration with the World Bank have commenced the process to rebase Nigeria’s Gross Domestic Product. Experts...
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Market sustains bearish as index dips further by 0.10%
Trading at the Nigerian Stock Exchange (NSE) sustained a sliding profile yesterday, as more blue-chip stocks depreciated in price, causing...
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How Stanbic IBTC is Empowering Female-led Startups
Michelle Obama, the former United States first lady, once said: “No country can ever truly flourish if it stifles the...
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Utomi Highlights Economic Benefits of Ehingbeti
Prof. Pat Utomi, has stressed the need for governments across adjourning states to start considering megalopolis cities’ growth pattern to...
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Oke: Why there is Stunted Growth in Advertising Sector
A former President of the Association of Adverting Agencies of Nigeria, Mrs. Bunmi Oke, in this interview reviews the state...
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Poor Nigerians’ll increase by 15 million soon – W’Bank
Nigeria needs to implement key reforms in order to get the economy out of the current doldrums and achieve sustainable...
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CBN cancels commodity exchange privatisation, invests N50 billion
In the next 90 days, the Nigerian Commodity Exchange (NCX) will be repositioned to boost production of farmers. This will...
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Stanbic IBTC Records N234bn Earnings, N83.2bn Profit after Tax
Stanbic IBTC Holdings Plc has reported a profit after tax (PAT) of N83.211 billion for the year ended December 31,...
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Zenith Bank Retains Nigeria’s Most Valuable Banking Brand Position
Zenith Bank Plc. has again emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500...
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CCECC connects Lagos-Ibadan rail to Apapa Ports
The Lagos-Ibadan rail line has been connected to the Apapa Ports in Lagos State, the China Civil Engineering Construction Corporation...
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Banks’ non-performing loans rise to N1.5tn
The non-performing loans in the banking sector rose by N333bn as of the end of the third quarter of 2020...
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MultiChoice Slashes Prices of DStv, GOtv Decoders
MultiChoice Nigeria, has announced a price slash on its DStv and GOtv decoders starting Monday, February 1st, 2021. The price...
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Chevron reports annual loss of $5.5 bn on lower oil prices
Chevron reported a fourth-quarter loss Friday to conclude a rocky year for oil companies as the coronavirus battered demand for...
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Airtel Commences NIN Registration
Telecommunication Firm, Airtel Nigeria, has announced the commencement of the National Identity Number (NIN) registration exercise in its retail outlets...
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Air Peace gets new aircraft, plans 8,000 jobs
The Chairman of Air Peace, Allen Onyema is eyeing employment opportunities for 8,000 Nigerians following the delivery of the first...
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Forex crisis, major nightmare facing manufacturers, says MAN
The acute shortage of foreign exchange in Nigeria is a major operational nightmare facing manufacturers in the country, the Manufacturers...
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Nigeria Loses W’Africa Air Travel Market to Ghana
Nigeria has lost the West African air market to Ghana as today no Nigerian airline is operating to destinations such...
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