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Business & Economy

FG to build new seaports in Lagos, Rivers and Warr – Amaechi

The Minister of Transportation, Chibuike Rotimi Amaechi, has disclosed that the Federal Government has approved the construction of three new seaports in the country....

University workers commence nationwide strike from tomorrow

Members of the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union of the Universities and Allied Institutions (NASU) will be proceeding...

Nigeria may experience fresh fuel scarcity – FG

The Federal Government said it is worried about the possibility of a scarcity of Premium Motor Spirit (PMS), also known as petrol, in the country. Mr...

FG, SSANU, NASU meeting ends in deadlock

The disagreement between the Federal government and the non-teaching staff in the universities under the umbrella of Joint Action Committee, JAC, is far from...

Lagos rolls out travel smartcard for BRT commuters

Primero Transport Services Limited, operators of the Bus Rapid Transit (BRT) today rolled out a travel smartcard named Cowry Card for the use of...

Apple posts $111.4 billion revenue

The world’s most valuable listed company, Apple, printed better-than-expected results for its fiscal first quarter on the basis that users acquired more Macs, iPads,...

Whatsapp rolls out new feature that requires biometric authentication for PC and web access

Short messaging giant, WhatsApp will be rolling out a new biometric feature that would require a user to confirm identity when linking a WhatsApp...

Nigerian Ports Authority commences e-truck call-up scheduling

The Nigerian Ports Authority (NPA) has announced the take-off of its electronic call-up system for trucks at the nation's two major ports - the...

Fitch says FG heavy borrowing fron CBN could crash economy

The global rating agency, Fitch Ratings Inc. has cautioned Nigerian government against running cap in hand to the Central Bank of Nigeria (CBN) seeking...

Kenya overtakes Nigeria as Africa’s favourite investment destination

2020 was a good year for VC investment in Africa despite the economic uncertainties caused by the pandemic. Like 2019, several African countries were...

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