News
Business and economic news from Nigeria and around the world.
NSITF pays over N529 million in claims and compensation in 6 months
The Nigeria Social Insurance Trust Fund (NSITF) has paid out over N529 million as claims and compensation in the last...
As the 2021 Finance Bill scales second reading, here are the proposed key changes
The Finance Bill 2021 on Wednesday, scaled second reading in Senate. This followed a presentation of the lead debate by...
Dowen College: Buhari promises appropriate punishment to those culpable
President Muhammadu Buhari has condemned the killing of Sylvester Oromoni, a student of Dowen College, Lagos State, and assured Nigerians...
Sterling Bank Plc obtains approval-in-principle for the proposed Alternative Bank Limited
Sterling Bank Plc has obtained approval-in-principle from the apex bank for the proposed Alternative Bank Limited. The bank made this...
Nigeria spends N2.52 trillion on petrol imports in the first 9 months of 2021
Nigeria imported Premium Motor Spirit (PMS) otherwise known as petrol, worth N2.52 trillion between January and September 2021. This represents...
Omicron: IATA demands for rescind of travel ban on Nigeria, others
The International Air Transport Association (IATA) has asked governments to follow the advice of the World Health Organization (WHO) and...
Covid-19: FG says COVAX vaccines donated to Nigeria have short shelf lives
The Federal Government has revealed that vaccines donated to the Nigerian Government through the COVAX and AVAT schemes have short...
FEC approves N1.8 billion to detect and block criminal SIM traffic – Pantami
The Federal Executive Council (FEC) has approved the sum of N1.8 billion for the deployment of regulatory systems in the...
AEDC crisis: Presidency says Buhari did not sack management
The Office of the Presidency has denied reports that President Buhari sacked the management of the Abuja Electricity Distribution Company...
Nembe Oil Spill: FG, Aiteo say leaking well has been shut
The Federal Government and Aiteo Eastern Exploration and Production Company have announced that leaking well at Oil Mining Lease (OML)...
