BUA reveals how cement prices can crash in Nigeria

5 Cryptocurrencies to buy in this current market dip

Almost all the leading crypto assets on Thursday recorded significant losses, with growing concerns about the risk stablecoins pose to...

DStv denies social media reports alleging it has been “hacked”, MultiChoice suspends sack of 2000 employees, MultiChoice to sack 2000 employees, MultiChoice, Naspers, Johannesburg Stock Exchange

Business News

FIRS to freeze MultiChoice banks accounts over alleged N1.8 trillion tax fraud, MultiChoice reacts

by Abiola Odutola

July 8, 2021

MultiChoice Nigeria respects, complies with the tax laws of Nigeria because it has been and currently in discussion with FIRS...

Business News

Power generation: Only 25 of 160 licensed GenCos operating – APGC

by William Ukpe

July 8, 2021

APGC has disclosed that only 25 of the 160 GenCos licensed by the NERC are currently operating.

Business News

ECOWAS voices concerns over crypto volatility

by Ajibola Akamo

July 8, 2021

ECOWAS has expressed concerns over the use of cryptocurrency in the sub-region.

Lagos directs schools to resume 2022/2023 on September 5

Opinions

Implications of school kidnappings on education in Nigeria

by William Ukpe

July 8, 2021

Earlier this year, Nigeria's Ministry of Education stated that the number of out-of-school children stood at 10.1 million.

$700 million worth of Bitcoin moved by an unknown identity

Cryptos

Strange whale moves $134 million as Bitcoin loses $1,500

by Olumide Adesina

July 8, 2021

Large entities are increasingly moving large stacks of Bitcoins at record levels, as it slumps to the $33,000 price level...

$NCC, MDA, SEEPCO, local content laws, CBN Cashless Policy: Reps eye policy reversal, court Emiefele approval , Lawmakers tackle Finance Minister over failed CCTV project worth $460 million , Former Ghanaian President, Mahama begs Buhari to open border Former President of Ghana, John Mahama has appealed to President Muhammadu Buhari to open up its borders saying that Ghana has been heavily affected by Nigeria’s decision to close its borders. Mahama said that for economic activities to resume in West Africa, Nigeria needs to reconsider its decision on the total border closure. He made this plea while delivering the seventh anniversary lecture of investiture into The Realnews Hall of Fame and the unveiling of a book, titled: Pathways to Political and Economic Development of Africa. According to the former president as reported in The Nation, the closure of especially the Benin border, was taking a significant toll on many small and medium businesses, especially in Togo, Ghana and Cote D’Ivoire, which relied on inter-country trade. “I am sure that businesses in Nigeria that rely on supplies from these countries are also suffering. With the signing of the joint border task force agreement between Nigeria and her neighbours, I will like to take this opportunity to appeal to Nigeria to open up her border so that economic activities can resume,” Mahama said. While reacting to the shut down of shops owned by Nigerians by the Ghana Union of Traders’ Association (GUTA) as retaliation to the border closure, Mahama said; “Back home in Ghana, I also look forward to our government’s intervention that brings an immediate cessation to the forceful and illegal closure of shops of foreigners, especially Nigerians, by members of the local trade associations”. Mahama who is a former Chairman of the Economic Community of West Africa States (ECOWAS) spoke on how he still has an abiding interest in the progress of ECOWAS and its people. In this light, he said that Nigeria being the home of ECOWAS and the largest economy in West Africa should not allow the objective principles for establishment of ECOWAS to be lost. Meanwhile, the Vice Chancellor of Niger Delta University, Bayelsa State, Prof. Samuel Edoumiekumo, advised President Muhammadu Buhari not to yield to pressure to reopen the borders. Edoumiekumo who was also present at the lecture said President Buhari should remain firm in his resolve to ensure economic growth and the country’s development as the border closure will generate more revenue for the nation and tackle smuggling., Nigerians are enraged as lawmakers reject Innoson cars for latest Toyota Camry , FMBN ex-MD ordered to refund his salary, submit FMBN accounts over infractions$