Business News
Business and economic news from Nigeria and around the world.
Acting MD NDDC faints during public hearing
Prof, Daniel Pondei fainted after the members of the House Committee on NDDC grilled him for about 45 minutes.
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Govt. rakes in N653 billion in June as exchange rate gain, taxes and oil sales boost revenues
Government generated N42.83 billion from exchange rate gains, and others from crude sales and VAT.
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FG, Lagos to begin works on alternative routes
The transport stakeholders in Lagos jointly agreed to fix alternative routes to enable less traffic congestion.
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Nigeria to save $300 million from importation of bariteÂ
The mineral made up of barium sulphate, is mainly used in the oil and gas industry.
Read moreDetailsCorruption probe: NDDC claims to have spent N81.5 billion in 7 months
The N81.5 billion was actually spent by the 2 Interim Management Committees of the NDDC.
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IMF assessing additional tools to provide aid to pandemic-hit countriesÂ
The IMF had earlier noted that the Nigerian economy would witness a deeper contraction of 5.4%.
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Update: Buhari names railway complex after Goodluck Jonathan
This was disclosed in a tweet post by the Minister of Transportation, Rotimi Amaechi.
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Buhari sets up committee to create digital identity for all Nigerians
Committee to integrate data like BVN, Driver’s License, passports and the National Identity Management Number.
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UK announces new point based immigration and visa policy
The new system will treat European Union and non-European Union citizens equally.
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Third Mainland Bridge closure: Lagos discloses alternative routes that are ready for use
The repair works are due to reports of some worn-out joints of the bridge.
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