Business

In an ongoing effort to curb inflation and relieve pressure on the naira, the Central Bank of Nigeria on Tuesday increased its benchmark lending rate to 16.5 per cent. This...

Network for Best Practice and Integrity in Leadership (NEBPRIL),  has called on President Muhammadu Buhari and the National Assembly, to halt surreptitious moves by some top government functionaries to hurriedly license...

Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, has said in Lagos, Tuesday, that the efforts by the Commission to timely auction available spectrum for...

The Oil Marketers Association of Nigeria has urged the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ports Authority (NPA) to obey President Muhammadu Buhari regime’s directive on...

The Central Bank of Nigeria (CBN) on Thursday said counterfeiting and hoarding were the reasons for redesigning and issuing new naira notes. Amina Abdulmalik, Deputy Director, Currency Operations Department, CBN,...

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said in Lagos that the quality of life is now being measured in terms of...

Facebook parent company Meta announced on Wednesday that it is cutting 11,000 jobs. The job cuts amount to about 13 per cent of its workforce, Meta boss Mark Zuckerberg said....

Nigeria’s public debt stock increased from N35.46 trillion ($86.57 billion) in the second quarter of 2021 to N42.84 trillion ($103.31 billion) in the corresponding period in 2022. Public debt stock...

Anambra State Governor, Chukwuma Soludo has renamed the ministry of commerce and industry as the ministry of industry as he takes charge of trade and commerce. Mr Soludo approved the name...

Bank customers in Nigeria have lamented the rising spate of ‘illegal’ withdrawals from their accounts. Customers who were victims of the alleged ‘illegal’ withdrawal on Monday in Abuja urged authorities...