EU, UK agree deal on Brexit tradeEU, UK agree deal on Brexit trade

Simeon Ebulu,  THE long-awaited trade deal between the European Union (EU) and United Kingdom (UK), following Britain’s exit from the EU, came to a successful...

NIN-SIM: MTN bars 19m subscribers from making calls

Following the Nigerian Communications Commission’s (NCC’s) directive of  April 4, 2022 that operators should restrict outgoing calls for subscribers whose Subscribers Identity Modules (SIMs)...

Zedvance to provide loans to non-salary earners

In an effort to serve customers more efficiently and deepen its digital drive, leading consumer finance firm, Zedvance, has launched a dedicated mobile lending...

12.5kg cooking gas hits N12,500

Price of 12.5kg of Liquefied Natural Gas or cooking gas has increased to N12,500 as Nigeria celebrates her 63rd Independence anniversary. Market survey revealed that...

Nigeria’s foreign portfolio inflows hit $2.3bn in two months – CBN

The Central Bank of Nigeria says foreign portfolio inflow into Nigeria surged $2.3 billion in the first two months of 2024 compared to $3.9...

CBN gives update on Naira scarcity

The Central Bank of Nigeria, CBN, has said enough Naira notes are in circulation amid reports of scarcity of banknotes. In a statement issued by...

Boosting entrepreneurship through green opportunities

Renewable energy saves scarce resources, maintains healthy ecosystems, minimises pollution and waste. It also creates jobs and boosts entrepreneurship, DANIEL ESSIET reports. Green businesses that...

CBN begins sales of dollars to BDCs

The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the...

FIRS does not grant tax waivers to local, foreign investors – Nami

The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, says the agency does not grant tax waivers to any local or foreign investors...

2020: Worries over Nigeria’s diminishing oil fortunes

Nigeria’s potential as a major oil-producing country may be overrated as smaller countries hitherto unheard of have since overtaken Nigeria as the most sought-after...

NIPCO pays N563m dividends

Shareholders of NIPCO Plc have approved payment of N563 million as cash dividends for the 2018 business year as the downstream oil and gas...

2.5m SMEs to get financial support, training, says Osinbajo

VICE-President Prof Yemi Osinbajo has said the Federal Government will provide micro-lending to about 2.5 million small trades and businesses to the lowest income...

NAFEM: Dollar supply rises by 180% as banks sell $440m

Dollar supply in the official foreign exchange market rose by 180.59 percent to $440.13m on Friday. This is as the naira closed the week at...

Naira gains against US Dollar at forex market

The naira commenced the week on a positive note as it gained against the US Dollar again on Monday at the foreign exchange market. Official...

Fidelity Bank finances new bitters factory

Chief Executive Officer of Odogwu Bitters , Mr Obinna Oyiegbu said the company will create 5,000 direct jobs in five years. Iyiegbu, popularly known as...

Glo reclaims position as Nigeria’s 2nd largest telecom operator

Telecommunications giant, Globacom, has reclaimed its position as the second largest telecommunications operator with  2 million new subscribers added to the network in September,...

NNPCL to pay royalties, taxes from $3.3bn Afrexim loan

The Nigerian National Petroleum Company Limited, on Sunday, said it would prepay future royalties and taxes to the Federal Government from the $3.3bn financing...

Buhari to Microsoft: We’ll partner to make Nigeria Africa’s capital of emerging technology

President Muhammadu Buhari says his administration is willing to partner multinational technology company, Microsoft Corporation, to make Nigeria the African epicenter for innovative emerging...

OPS decry Nigeria’s dwindling manufacturing sector

By Charles Okonji The organised private sector has voiced out that irrespective of the country’s 75 percent share in manufacturing in the West Africa regional...

Obasanjo urges FG to ban importation of adire from China, revive textile industry

Former President of Nigeria, Chief Olusegun Obasanjo, has urged the Federal Government to ban the importation of Chinese adire and also revive the textile...