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CBN Governor Cardoso to champion innovation in Lagos lecture October 3

EFCC recovers N364.5bn, $326.5m and secures 4,111 convictions in one year

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Canada closes permanent residence pathway for caregivers abroad

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Business and economic news from Nigeria and around the world.

IMF revises Nigeria GDP growth to 3.2% from 3.1% due to improved fight against Oil theft

Nigeria gets $3.35 billion SDR allocation from IMF in a boost to external reserves

by Chike Olisah

The allocation which was approved on Monday aims to boost global liquidity at a time when the world is grappling...

FG directs the suspension of NIMC staff involved in extortion of NIN applicants, SIM. Social media accounts monitoring, FG completes 11 projects to drive Digital Economy, FG orders NIPOST to stop cash transactions , Pantami moves to ban automatic voicemail service by telcos , Why Nigeria’s Data woes may not end soon , Pantami reacts to CBN’s ATM fee cut, keeps mute on directive to cut data cost , Pantami condemns FIRS move to collect stamp duty, MTN, Airtel, others disregarding Pantami’s voicemail, data directives on all front , FG warns State governments against RoW charge increase, FG reiterates commitment towards implementing broadband strategy ,FG reiterates commitment to 75% broadband penetration in 5 years , Pantami tasks Youth on developing creative and entrepreneurial digital skills

FG to unveil NIPOST unbundling policies soon – Isa Pantami

The Federal Government is about to launch a set of policies to unbundle the Nigerian Postal Services (NIPOST). This was...

Hushpuppi vs Abba Kyari: Why Nigeria needs better police institutions

The Nigerian social media space has been buzzing with news of the recent suspension of Nigeria’s “supercop” DCP Abba Kyari,...

Lagos to deploy E-call up to tackle gridlock on Lekki-Epe axis

Lagos to divert traffic at Marina, National Theatre for 7 months

by Chike Olisah

The Lagos State Government has announced plans to divert traffic on the National Theatre and Marina axis for a period...

NPHCDA to address infrastructural gaps in COVID-19 vaccine supply, FG to focus on procurement of Covid-19 vaccine in first quarter 2021

Doctors strike: FG pleads with Resident Doctors to negotiate

The Federal Government has urged the members and leadership of the National Association of Resident Doctors (NARD) to end their...

Tokyo Olympics opening ceremony draws the lowest U.S TV audience in 33 years

Tokyo Olympics: Gold Medalists to get $15,000 and Silver to receive $10,000 from FG

The federal government disclosed that athletes who get Gold medals at the ongoing Tokyo Olympic games would receive $15,000 while...

Micro, Small and Medium Enterprises policy review awaiting FG approval – SMEDAN

Unemployment: MSMEs employ 59 million Nigerians – SMEDAN

The federal government has disclosed that Small and Medium Enterprises employed 59 million Nigerians and over 41 million businesses as...

Suspension of 5% excise duty on telecoms industry will likely be lifted in the future

COVID-19: Nigerian telecoms attract only $417.48 million in investments, 55.7% drop in 2020

by Abiola Odutola

The Nigerian Telecom industry attracted Foreign Direct Investment (FDI) worth over $417.48 million in 2020, down from over N942.86 million...

At $500 million valuation, Kuda Bank becomes Nigeria’s 7th most valuable bank

by Ajibola Akamo

Nairametrics recently reported that Kuda Bank raised $55 million in a Series B round at a valuation of $500 million....

Abubakar Malami, BREAKING: UK Court grants Nigeria right to appeal P&ID judgement $9.6 billion award: UK Court grants Nigeria stay of execution, requests $200 million payment, Abubakar-Malami, FG to repatriate fresh $321m Abacha loot, to be spent on road construction , AGF office says it has not received official communication on Kyari’s extradition