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Business & Economy

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...

Breaking: FG orders immediate closure of enrolment activities at NIMC Headquarters

The federal government on Saturday issued a directive decentralising the enrolment for the National Identification Number (NIN), starting from January 18th, 2021. The...

Facebook is trying to muscle us out of the market, GovChat alleges

A threat by Facebook to “offboard” GovChat, a communications service used by the South African government, from the WhatsApp instant messaging platform comes as the...

Twitter shares tumble as Trump ban puts social media in spotlight

Shares of Twitter Inc tumbled over 6% on Monday after its move to permanently suspend U.S. President Donald Trump’s widely-followed account spurred concern among...

FG mulls suspension of NIN registration

Barring any last-minute change of decision, the Federal government will be suspending the ongoing registration for National Identification Number (NIN). This was disclosed by the...

Ban on rice importation still in place – FG

The reopening of Nigeria's land borders, notwithstanding, the policy banning the importation of foreign rice into the country still subsists. Mr Abdulhamid Ma’aji, Comptroller,...

O.Y.O: Intels disagrees with Atiku, says Buhari administration not hostile to its business

Intels Nigeria Limited, on Tuesday, debunked the claim by a former Vice President, Atiku Abubakar, that the Buhari administration was hostile to the operations...

Former VP Atiku pockets $100m from sale of Intel’s shares

Reports indicate that former Vice President Atiku Abubakar has divested his interests from Integrated Logistic Services (INTELS) Nigeria Limited and in the process, made...

774,000 jobs take off Tuesday —Keyamo

The Minister of Labour and Employment, Mr Festus Keyamo on Sunday disclosed that the Special Public Works Programme which would engage 774,000 unemployed Nigerians...

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