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Business & Economy

Breaking: FG directs Glo, MTN, others to stop sale, registration of SIM cards

Globacom, MTN, Airtel and 9Mobile affected. The Buhari administration has ordered mobile telecommunication operators in the country to stop the sale and registration of...

Breaking: FG announces reduction in fuel price to N162.44 per litre

A joint meeting of the Federal Government and the labour unions representatives have agreed to reduce the pump price of petrol from N168 per...

Nigeria’s foreign trade stands at N23.2trn -NBS

The total value of Nigeria’s merchandise trade from January to date is to N23.2 trillion, while trade in the third quarter of 2020 (Q3...

Optimise domestic resources instead of piling up debts, AfDB president, Adesina cautions African leaders

President of African Development Bank Group (AfDB), Dr Akinwumi Adesina has cautioned African leaders not to be deceived that African economies can grow by...

FG approves N3,000 – N6,000 for tickets along Lagos-Ibadan railway corridor

Barring any change in plan, the Lagos-Ibadan rail standard gauge would begin operations by January 2021 and passengers would pay between N3,000 - N6,000....

FIRS tax waivers window closes Dec. 31

The Federal Inland Revenue Service (FIRS) has announced its readiness to go after tax defaulters starting from January 01, 2021. This is coming on the...

Nigeria to export petroleum products to neighbouring countries soon

President Muhammadu Buhari has assured that the oil refinery roadmap initiated by his administration will soon lead to Nigeria exporting petroleum products to neighbouring...

CBN retains key lending rates amid economic recession

The Monetary Policy Committee has retained key lending rates at 11.5%. The Monetary Policy Committee (MPC) has retained the key lending rates at 11.5 percent,...

Buhari’s reckless spending, not Covid-19, led us into recession – Atiku

To exit the recession, the former Vice President proposed the setting up of a Poverty Eradication Fund (PEF) which shall be funded from taxing...

Twitter says it will hand control of president’s official account to Biden on January 20 – even if Trump doesn’t concede

TWITTER said it will hand control of the president's official account to Joe Biden on January 20 - even if Donald Trump doesn't concede. The...

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