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Nigerian man extradited to U.S. over multimillion-dollar hacking and fraud scheme

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Disney’s ESPN to acquire NFL Network, RedZone

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Germany expands Schengen visa access with new centres in Nigeria, Cameroon, and Cyprus

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Business and economic news from Nigeria and around the world.

Coronavirus: US govt authorises new device to test for disease within 5 minutes

Diaspora

Coronavirus: US’s FDA approves use of new tool that delivers results in 5 minutes

by Chidinma Nwagbara

March 29, 2020

The United States FDA has authorised the use of coronavirus test tool that delivers positive results within five minutes, and...

Lagos government makes U-turn, suspends planned closure of marine bridge

March 29, 2020

The Lagos State Government on Saturday suspended its earlier plans to partially shut down the Marine Bridge for five months...

2023: El-Rufai says " elements" in presidency working against APC because they lost Primaries

Politics

Update: Kaduna state governor, El-Rufai tests positive to coronavirus

The Executive Governor of Kaduna State, Malam Nasir El-Rufai has tested positive to the coronavirus disease.

coronavirus, COVID-19: Infections rise to 42 as 2 new cases are confirmed, COVID-19: Western diplomats warn of disease explosion, poor handling by government

COVID-19: Western diplomats warn of disease explosion, poor handling by government

Some of the Western diplomats on Friday expressed fears over the abysmal way the Federal Government was handling the Coronavirus...

Sanwo-Olu, COVID-19: Lagos ramps up measure to smash disease as it begins fumigation, Covid-19: Total lockdowm imminent as Lagos fears confirmed cases could hit 39,000, Hotels to remain shut in Lagos, as manufacturing and construction companies get conditional waivers, COVID-19 palliative: Sanwo-Olu concludes Homegrown School Feeding Programme

COVID-19: Total lockdown imminent as Lagos fears confirmed cases could hit 39,000

by Titobioluwa Okunade

The Lagos State Government has disclosed that the implementation of a complete lockdown of the state might not be far from...

Bulls gain momentum, as stimulus package lifts global financial markets

by Olumide Adesina

Global stock markets were bullish this week as a great amount of stimulus measures from around the globe had brought...

Lagos orders removal of all unapproved street gates in the state to ease traffic, Sanwo-Olu to stop pension for former governors, deputies, #EndSARS: Judicial Panel of Inquiry and Restitution to include Lekki toll gate incident – Sanwo-Olu, Lagos approves resumption of all classes in public, private schools, Lagos takes major step towards delivery of Fourth Mainland Bridge, Lagos to construct rail line to airport terminal for international passengers, COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis, Lagos state government discharges 7 more coronavirus patients, Lagos state will reverse to full lockdown, Sanwo-Olu to virtually inaugurate projects as he presents scorecard of first year in office, Lekki regional road: Sanwo-Olu revokes land titles of Elegushi Royal family, Lagos pays N1.3 billion into the RSA of 246 retirees, Lagos State to empower 2.5 million youths in Arts and Crafts, Governor Sanwo-Olu appoints new Commissioner for Physical Planning and Urban Development

COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis

by Titobioluwa Okunade

The Lagos State Government disclosed on Friday that there would be a dusk-to-dawn curfew in the state, starting from Sunday.

Politics

COVID-19: NCDC, NPA clarify controversy over cases

by Chidinma Nwagbara

The NPA and the NCDC have come to an agreement over the six coronavirus cases reportedly found in a vessel.

land borders to be reopened soon, Finance, Ministaer, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019 , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says, Budget deficit increases by N351.98 billion, as FG misses revenue target, Economy: Funding MSMEs in Nigeria , Finance Bill: New tax regime to take effect from Jan 2 - FG , Again, Finance Minister argues that Nigeria is not in debt distress , ECOWAS: Single currency regime not kicking off in 2020 , FG: CBN holds N43 billion stamp duty charges collected by banks , FG may shift deadline to deactivate bank accounts without tax verification, Confusion as ministry and presidency disagree over Finance Act start date, 7.5% VAT: Implementation to begin Feb 1 – FG , Finance Minister: Nigeria to go into recession if ..., Foreign tech companies that will now pay tax to FGN: see the criteria

Finance Minister: Nigeria to go into recession if …

The Minister for Finance, Budget and National Planning, Zainab Ahmed, has warned that Nigeria might go into another round of recession.

Politics

Update: Over 50 buildings destroyed, Gov. Akeredolu reveals cause of explosion

by Abiola Odutola