The Nigerian currency crashed to a historic low against the British Pound Sterling after crossing the symbolic N1000 mark at […]
Category: Business
Abuja-Kaduna rail services resume November, says Minister
The Federal Government, on Monday announced the re-opening of train services on the Abuja-Kaduna Rail corridor on November. Minister of […]
Toyota (China) Automobile recalls 14,799 defective Lexus vehicles
The Federal Road Safety Corps (FRSC) has alerted the motoring public, particularly those using Lexus NX260, Lexus NX3650h and Lexus […]
GSM subscription grows to 211.9m in September
The number of people using mobile phones went up 1.1 per cent to 211.9 million between August and September, data […]
Margin between official, black markets widens on naira redesign announcement
Following the Oct. 27 announcement by the Central Bank of Nigeria (CBN) that intends to put into circulation newly designed […]
Minister laments lack of investment in creative, tourism sectors
Minister of State for Industry, Trade, and Investment, Amb. Mariam Katagum, has decried the lack of investment in the creative, […]
Inflation to rise 21.32% in October
Financial Derivatives Company (FDC), has projected that the nation’s consumer inflation may rise by 21.32 per cent in October from […]
Delta commits N1bn monthly to pension payment, enlists flood victims into health scheme
The Delta Government says it has committed N1.1 billion monthly to paying retired civil servants their pensions. The State Commissioner […]
EFCC Raids Forex Black Markets In Abuja
Operatives of the Economic and Financial Crimes Commission (EFCC,) on Tuesday, raided some black market forex offices in Abuja. According […]
Licences to export terminals will boost forex earnings
The Federal Government, through the Nigerian Ports Authority (NPA) has granted operating licences to export terminals as part of its […]