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Business & Economy

Naira Rain: Akwa Ibom receives N186bn derivation arrears

The Akwa Ibom state government says it has received N186 billion as refunds of arrears of 13 percent of oil derivation proceeds from the...

Breaking: ASUU may resume strike as govt. pays only full November salaries without addressing 8 months arrears

“we are going to meet on this soon, but i see us embarking on another round of strike in January 2023 to press home...

ASUU threatens to resume strike over payment of half salaries

“To this effect, though we have resumed work in our university, government ignoble stance of withholding our eight months’ salaries, which is based on...

Lagos to announce preferred bidder for $2.5billion 4th Mainland Bridge

“We are now at the second stage of request for proposal. We are now down from initially over 50 bidders to 3 bidders. We...

Buhari to unveil new Naira notes tomorrow – Emefiele

The Central Bank Governor, Godwin Emefiele on Tuesday disclosed that President Muhammadu Buhari will unveil the newly redesigned Naira notes tomorrow, Wednesday, November...

Zenith Bank holds second edition of Zenith Tech Fair in Lagos

The Second Edition of the Zenith Tech Fair, themed “Future Forward 2.0”, will be held on Tuesday, November 22 and Wednesday, November 23, 2022,...

Nigeria’s loan exposure to China is just 3.6 per cent of the country’s external debt -DMO

“At this level, the Debt to GDP ratio is still within Nigeria’s self-imposed limit of 40 per cent. It is also within the...

Alert for millions of WhatsApp users – group chats are changing forever

"It is simply a cosmetic addition but it may be useful to immediately recognise who sent the message in case there are duplicated contact...

Nigeria has sufficient dollars to service rising debts, says Fitch

Global rating agency, Fitch Ratings on Tuesday declared that notwithstanding the expected rise in the cost of debt servicing in the short to medium...

Senate supports CBN’s Naira redesign

From the Red Chambers in Abuja came a staunch support for the Naira redesign initiative of the Central Bank of Nigeria (CBN) as the...

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