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Africa

IMF: coronavirus means 2020 growth will be lower than 2019

Mar 5, 2020 0
The International Monetary Fund is to offer $50bn (£39bn) in emergency funding for countries hit by the…
Africa

Moving goods from Apapa port 10 times costlier than Ghanaian, South African ports

Mar 5, 2020 0
A research carried out by SBM Intelligence has shown that it is 10 times costlier to move goods from the port in…
Banking

Next Bank of England governor calls for funds for coronavirus-hit firms

Mar 5, 2020 0
The incoming governor of the Bank of England, Andrew Bailey, has called on the government to offer emergency…
Local

CBN widens activities of Mfbs to include issuance of CPs

Mar 5, 2020
The Central Bank of Nigeria (CBN) has widened the permissible activities of Micro Finance Banks (MfBs) to include…
Local

Forex racketeering: Reps probe CBN, FIRS, others over $30bn leakages

Mar 5, 2020 0
The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue…
Africa

South Africa Central Banker Sees No Need for Emergency Rates Meeting

Mar 5, 2020 0
South Africa’s central bank sees no need for an emergency meeting on interest rates and will wait for its regular…
Africa

Nigeria Senate Approves President’s $23 Billion Loan Request

Mar 5, 2020 0
Nigeria’s Senate approved President Muhammadu Buhari’s plan to borrow $22.7 billion from external creditors to…
Business

Vitafoam reassures as shareholders okay N525.4m dividend

Mar 5, 2020 0
THE board and management of Vitafoam Nigeria Plc yesterday reassured shareholders and other stakeholders that the…
Business

Court grants claim for breach of contract against Shell

Mar 5, 2020 0
A Lagos High Court has set aside the arbitral tribunal award, which dismissed Global Gas and Refining Limited’s…
Banking

Zenith Bank Emerges As The Most Valuable Banking Brand

Mar 5, 2020 0
ZENITH Bank Plc has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker…
Africa

Report Says Port Transport Is 10 Times Costlier In Nigeria Than Ghana, SA

Mar 5, 2020 0
Local transportation of  goods from  Apapa and Tincan Island ports in Lagos  costs up to 10 times higher  than the…
Local

Ikeja Electric Gets New CEO

Mar 5, 2020 0
Ikeja Electric Plc, one of the nation’s power distribution companies, has announced the appointment of Mrs Folake…
Business

FEC okays $2.571b Ajaokuta-Kaduna-Kano gas project

Mar 5, 2020 0
THE issuance of a sovereign guarantee to the tune of 85 per cent of the Engineering Procurement and Construction…
Africa

Coronavirus: Nigeria may review 2020 budget – minister

Mar 5, 2020 0
The fast-spreading coronavirus from China is threatening Nigeria’s main source of revenue – oil. To this end,…
Business

Nigerians, operators kick as FIRS plans to impose VAT on sports betting

Mar 5, 2020 0
For a while, the sports betting industry in Nigeria has been rife with the news that the Federal Inland Revenue…
Business

Pricing, infrastructure imbalance worsening Nigeria’s CNG investments deficit –…

Mar 4, 2020 0
Inappropriate pricing, infrastructure shortages and absence of a regulatory agency are partly responsible for…
Banking

Global bankers’ committee reviews banking risks

Mar 4, 2020 0
The Basel Committee on Banking Supervision has concluded a two-day meeting in Basel during which the global…
Local

FIRS eyes N4trn tax revenue from oil firms

Mar 4, 2020 0
In its bid to meet government’s 2020 revenue target, the Federal Inland Revenue Service (FIRS) on Tuesday said it…
Features

How Economic Crisis forced 42 Lagos SMEs to shut down

Mar 4, 2020 0
At least 42 Small and Medium Enterprises in Lagos have been forced to shut down due to huge losses resulting from…
Banking

Obiora assumes duty as CBN Deputy Governor

Mar 4, 2020 0
KINGSLEY Obiora has  assumed duty as Deputy Governor of the Central Bank of Nigeria (CBN). He replaces Okwu…
Banking

Despite Stamp Duty Charge, PoS Transactions Hit N874bn In 3 Months

Mar 4, 2020 0
Despite the implementation of the stamp duty charge of N50 on Point of Sale transactions above N1,000, the value of…
Business

Dangote Refinery to employ over 70,000 workers, says CBN

Mar 4, 2020 0
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has said Dangote Refinery will employ over 70,000 Nigerians…
Features

Tax compliance in Nigeria laborious – Taxaide boss

Mar 3, 2020 0
The Chief Executive Officer Taxaide,  Bidemi Olumide, has said that the process of collecting, computing and paying…
Business

Carbon launches USSD service to enhance access to finance

Mar 3, 2020 0
Carbon, the Pan-African digital financial services company, has introduced a USSD service to its platform, making…
Investing

No more reward for bogus investors – Ahmed, Finance Minister

Mar 3, 2020 0
For bogus investors, the honeymoon is over! It is not going to be business as usual in Nigeria as the Minister of…
Investing

Sanwo-Olu lauds Afriland’s Investment in Infrastructure

Mar 3, 2020 0
LAGOS State Governor, Babajde Sanwo-Olu has praised Afriland Properties Plc for the renovation and inauguration of…
Local

Equities lose N209b amid panic selloffs

Mar 3, 2020 0
NIGERIAN equities lost N209 billion on Monday as investors overlooked earnings and dividend yields and opened up…
Features

NCC empowers students, others

Mar 3, 2020 0
No fewer than 60,000 administrators, students, academics and teachers have been sponsored and trained in various…
Technology

BMW releases details of its new electric car to rival Tesla

Mar 3, 2020 0
BMW released Tuesday the details of an electric concept car, with production of the vehicle expected to start…
Business

Coronavirus: Cost of Chinese products in Nigeria surge

Mar 3, 2020 0
Prices of Chinese phones imported into Nigeria have reportedly risen exponentially over the past couple of weeks…
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NIGERIA

Business

Nigerians Expect Inflation to Ease in Six Months Despite Ongoing Price Pressures – CBN Survey

Jun 11, 2026
Business

Nigeria’s Economic Reforms Gain IMF Backing as FG Pledges Sustained Policy Drive

Jun 11, 2026
Business

AfDB Pledges $86m to Boost Nigeria Agro-Industrial Zones as SAPZ Gains Fresh Funding Momentum

Jun 11, 2026
Business

FX Reforms Boost Global Naira Card Usage as Banks Raise Dollar Limits

Jun 11, 2026
Prev Next 1 of 3,193

World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024
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