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Business & Economy

Breaking: Nigeria back into recession, worst since 1987

Its official: Nigeria's economy is in recession, the worst in the country's history since 1987. This stark reality was revealed by the National Bureau...

Breaking: FG bows to superior argument, agrees to exempts ASUU from IPPIS; raises allowances, revitalisation fund to N60bn

After months of industrial strike, characterized by threats, intimidation and salary stoppage, there appears to be a truce between the Federal Government and the...

Lagos State launches N5 billion Fund for MSMEs to fight post-Covid-19 downturn

The Lagos State Employment Trust Fund (LSETF), has launched a N5 billion economic recovery support Fund for MSMEs in the state. The intervention programme...

N90 billion debt: Jimoh Ibrahim forfeits prime assets to AMCON

The Asset Management Corporation of Nigeria (AMCON) has taken possession of twelve prime assets belonging to controversial businessman, Jimoh Ibrahim over an indebtedness that...

Twitter rolls out vanishing Fleets as it copies Snapchat and Instagram Stories

The social network is also experimenting with a private audio space, taking a cue from buzzy start-up Clubhouse. Twitter, a social network known for 280-character...

Fuel price hike, “against the spirit and content” of agreement with FG – NLC

The Nigeria Labour Congress on Monday said the recent increase in the pump price of Premium Motor Spirit (Petrol) from between N158nd N162 per...

Facebook rolls out Vanishing messages on Instagram and Messenger

Facebook has started rolling out its vanishing mode feature on Messenger, Instagram and WhatsApp. Vanish Mode allows you send texts, photos, voice messages, emoji...

Wema Assets Management Plc, UAC Registrars Ltd and other inactive capital market operators to be delisted by SEC

The capital market regulator, the Securities and Exchange Commission has signalled its preparedness to withdraw the registration certificates of about 157 inactive Capital Market...

Atedo Peterside kicks against selective export permission granted Dangote and Bua Group despite border closure

Respected businessman and founder of Stanbic IBTC Bank Plc, Mr Atedo Peterside has faulted Federal Government's permission given to two cement manufacturing giants, Dangote...

Ondo doctors begin indefinite strike over unpaid salaries

Ondo State medical doctors, under the umbrella of the National Association of Resident Doctors, the University of Medical Sciences Teaching Hospital, Ondo, chapter, on...

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