Category: Economy

Vice President Yemi Osinbajo has ordered the commencement of a 72-hour joint operation to restore order around Apapa and environs after activities of truck drivers had caused traffic gridlock and made vehicular movement around the …

The Federal Inland Revenue Service (FIRS) has announced that it realized a total of N2, 529,615,174,601.25 (Two trillion, five hundred and twenty-nine billion, six hundred and fifteen million, one hundred and seventy-four thousand, six hundred …

Nigeria’s Finance Minister Kemi Adeosun forged her NYSC certificate and did not participate in the mandatory one-year national youth service scheme, a report has claimed. According to online newspaper, Premium Times, she forged an exemption …

Central Bank of Nigeria is wooing local businesses importing goods from China to use the yuan instead of the US dollar in its effort to support its naira currency and boost reserves. Central bank officials …

Nigeria’s crude oil is facing increasing competition from the light sweet grades from the US and this week have been no different. Differentials for Nigerian and Angolan crudes hovered unchanged on Wednesday, as a series …

Nigeria plans to raise $2.8 billion of debt offshore as part of its 2018 budget and will explore all options to lower costs, the head of the Debt Management Office (DMO) told Reuters. The government …

It’s 2030 and the number of users on Nigeria-owned social media platform, Tanmo, just hit over 500 million users. Its gaining grounds quicker than any other medium across the continent because of its African appeal. …

Vice President Yemi Osinbajo says the federal government is building an enabling business environment in its journey of national transformation. Prof Osinbajo noted that the signing of the Presidential Enabling Business Environment Council (PEBEC) has …

Coronation Merchant Bank Limited, a leading investment bank in Nigeria, has recorded a very strong performance in its inaugural Commercial Paper issuance. The Bank set out to raise the sum of N15 billion on the …

German ambassador to Nigeria Bernhard Schlagheck has confirmed to Vice President Yemi Osinbajo that the west African country is “a more investor-friendly destination”. Schlagheck who was attesting to the developmental strides of President Muhammadu Buhari’s …