Business
Nigeria Has Spent $4.5bn On Fuel Subsidy in 2021- World Bank
The World Bank has stated that Nigeria spends $4.5 billion on fuel subsidy, indicative of 2% of GDP or 35%...
Read moreWorld Bank Frowns at Nigeria’s Foreign Exchange Policies
The World Bank has stated that the Central Bank of Nigeria’s exchange rate management policies continue to discourage investment and...
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CBN Urges Nigerians To Invest in Non-oil Sector
The Central Bank of Nigeria has called for increased investment in the non-oil sectors as a source of foreign exchange...
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FG To Float IPO For National Carrier Next Week
The Federal Government on Thursday announced that beginning from next week it would start sending out Request for Proposals to...
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FG Shuts Down 425 Erring Petrol Stations in Lagos Since January
No fewer than 425 petrol stations were shut down across Lagos State by the Nigerian Midstream and Downstream Petroleum Regulatory...
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FG Critiques IMF’s 2.7% Economic Growth Projection
The federal government of Nigeria has stated that it is not in consensus with the International Monetary Fund’s economic growth...
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Lagos Demands 1% In Revised Revenue Allocation Formula
The Governor of Kano state declared that due to the size of Lagos and Kano states, both states are demanding...
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Scare as Birds Strike Lagos-bound Air Peace Aircraft
It was quite the sight, yesterday, as a Lagos-bound aircraft coming from Owerri encountered a bird strike a few minutes...
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Osinbajo Claims FG Is Driving Fintech Growth in Nigeria
Vice President Yemi Osinbajo has attributed the success of payment processing, saving and investment platforms such as Flutterwave and PiggyVest...
Read moreCBN Embargoes Nigerians on Watchlist From Using Banks
The Central Bank of Nigeria (CBN) has stated that individuals under its watchlist may be barred from entering a new...
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