Nigeria FG Prepares Supplemental Budget Due to Depreciation and Rising Inflation.
Due to a further weakening of the naira and soaring inflation, which have rendered the 2023 budget unaffordable,…
Financial Crimes: Hushpuppi Bags 11years.
Ramon "HUSHPUPPI" Abbas, a well-known Instagram user, was given an 11-year prison term in the US. He was detained…
In Spite of a Prolonged Recession, the Bank of England Raises Rates by the Highest…
On Thursday, the Bank of England increased interest rates to their highest level since 1989; but issued a warning…
Nigeria’s Power Production Increases in 48 hours and Reaches 4,864MW.
Power generation on the national grid climbed by 834.8 megawatts, reaching a peak of 4,863.7MW.The grid generated…
Flood: FEC Approves N506billion Contract for East-West Road.
The East-West Road Project Sections 1-4 from Warri to Port Harcourt, Eket, and Oron contract value was N260…
Stakeholders want Nigeria to Adopt Ghana’s Port System.
Stakeholders have advocated for Nigeria to adopt Ghana's Single Window System and Trade-Net, an electronic data…
According to Emefiele, the CBN is Creating New Legislation to Address…
According to the Governor of the Central Bank of Nigeria (CBN), threats to the financial service system prompted…
OPEC: Half of Africa’s Refining Output will come from Dangote’s…
According to the Organization of Petroleum Exporting Countries (OPEC), more than half of Africa's total extra…
Nigeria Loses 120million Barrels of Petroleum and $12.6billion in Nine Months.
Between January and September of this year, Nigeria lost no less than 120 million barrels of crude oil; due to a…
Financial Watchdog Investigates Sportsbet and Bet365 on Grounds of Money…
On the grounds that Sportsbet and Bet365 may not have complied with anti-money laundering regulations, the…
Telcos make N1.92billion from Calls and Data.
Between January and September 2022, MTN and Airtel earned N1.92 trillion on calls and data. This is information…
Non-Oil Export Proceeds Hit $2.59b
The Federal Government had the best non-oil export performance this year, with a total value of $2. 59 billion,…
NAICOM Lists Requirements for Dividend Payment to Investors in the Insurance…
The National Insurance Commission (NAICOM) has outlined the criteria under which dividends on insurance shares…
Kenya Airways will Pay the Outstanding Employee Salary of Sh6.5billion in June…
In an effort to quell the growing employee dissatisfaction at the airline, national carrier Kenya Airways (KQ)…
In View of a Severe Labour Shortage, Canada Announces an Immigration Plan.
Currently, Canada anticipates bringing in 465,000 new permanent residents in 2023, up 4% over the prior goal, and…
Nigeria Telecoms Sector has 500,000 Workers and has Invested $70 billion.
According to Prof. Umar Danbatta, the executive vice chairman of the Nigerian Communications Commission, the…
CMA Supports the Return of Investments in Mobile Bonds.
The M-Akiba bond, on the other hand, which was tested in April 2017, only required a minimum investment of…
After Receiving a Loan for Cocoa, Cedi becomes more Stable.
In the week that concluded on October 28, the cedi returned to some degree of stability on the retail market. It…
Segilola Produced 85,000 Ounces of Gold.
The Segilola Gold Mine, which Thor Exploration Limited commissioned in December 2021, has so far produced 85,000…
NNPC and Addax Enter an Agreement to Resolve a License Issue.
To resolve the conflict over Oil Mining Leases 123/124 and 126/137, the Nigerian National Petroleum Company…
According to Osinbajo, Nigeria might Create 30million Carbon Credits by 2030.
Yemi Osinbajo, the vice president of Nigeria, claimed that by 2030, his country may generate up to 30million…
Banks are Urged by Financial Experts to Finance Infrastructure.
Financial industry experts have urged banks nationwide to assist the government in funding infrastructures; in…
Dangote Pledges to Boost Economic Growth and Sponsors the 2022 Lagos International…
The sponsorship of the 2022 Lagos International Trade Fair, with the theme "Connecting Businesses, Creating…
Floods: Nigeria FG Receives N109.3billion Fund and Builds Mini-dams.
The African Development Bank ($244 million) and the International Fund for Agricultural Development ($5 million)…
Naira Depreciation would Worsen Nigeria’s Food and Energy – World…
According to the research, prices for the majority of commodities have dropped from their recent heights in U.S.…
Amazon Establishes An Office In Nigeria
The first office of an IT company, Amazon Web Services, Inc. (AWS), has reportedly been established in Lagos,…
The Second-largest Shareholder in Twitter is the Saudi Prince, Alwaleed.
The monarch stated he adhered to his $1. 9 billion equity promise to the social media business's new owner; after…
Nigeria FG Borrows N5.3tn, Exceeding Loan Goal by N1.12tn.
According to information obtained by The PUNCH, the Federal Government borrowed N1. 15 trillion more than it had…
Nigeria Issues 650,000 International Passports.
According to the Federal Government, 650 000 foreign passport booklets were in print in 2022, 100,000 fewer than…
Aviation Employees Shut Down the Terminal at Lagos Airport, Disrupting Flights.
Workers in the aviation industry shut down Lagos's Murtala Muhammed Airport's Terminal Two (MMA2); resulting in…