Leading the way in business journalism
With CBN’s deadline for old naira notes looming, banks are urged to quickly phase out dispensing of outdated notes and comply with the naira redesign policy. CBN’s Naira redesign policy…
Reaches record high revenue collection of over N1trn Apapa Area 1 Command of Nigeria Customs Service handles 6.4 million metric tons of export cargo, valued at $68.5 million, and collects…
Charles N. Lambert, Creator of Compassionate Capitalism, Unveils Pan African Job Centre to Tackle Youth Unemployment in Africa by Generating 300 Million Job Opportunities Charles N. Lambert, “The African Oracle,”…
According to a report from the Central Bank of Nigeria (CBN), inflow of capital into the country’s economy dropped by 24.6% YoY to $4.56 billion during the first 10 months…
In H1’22, foreign capital inflow into Nigeria’s agriculture sector fell 37.9% YoY due to security issues. The National Bureau of Statistics report on Foreign Capital Importation reveals that capital flow…
A London court has dismissed a lawsuit brought by Nigerian oil company Aiteo Eastern E&P Company against Shell over a debt allegedly owed by Aiteo. The case has been ongoing…
The Senate has passed a supplementary budget of N819 billion for the year 2022, following a request from President Muhammadu Buhari. The additional budget, which is intended for capital expenditure,…
Rewritten news: The National Association of Telecoms Subscribers of Nigeria (NATCOMS) has announced its intention to file a lawsuit against the Federal Government in early 2023 to challenge the proposed…
Governor Ademola Adeleke of Osun State has suspended the Ilesa water project in Osun East Senatorial District due to poor handling of a $106 million loan secured for the project.…
Nigeria’s stock market extended its positive streak on Wednesday, December 28, the first trading day of the week. The market rose by 0.41% at the close of the session, according…