Business

#EndSars Protests: Economic hardship responsible – IMF

  The International Monetary Fund (IMF) has attributed the #EndSars protests in Nigeria to economic difficulties, saying that the conditions in Nigeria for the last...

BREAKING: 2021 budget scales second reading at Senate

The Senate has passed the 2021 budget for second reading after a three-day debate on its general principles. President Muhammadu Buhari had presented N13.08trn budget...

BREAKING: Nigeria’s inflation rate hits 13.71%

The Nigerian inflation rate rose to 13.71% year-on-year in September 2020, hitting its highest level since its 13.34 per cent rate of March 2018. This was contained in...

FG extends suspension of new electricity tariff

The federal government has extended the suspension of the new electricity tariff by one week. Chairman of the Nigeria Electricity Regulatory Commission (NERC), Jame...

Seven Suspects to Face Jail Term for Illegal Sim Registration Activities

The Nigeria Security and Civil Defence Corps (NSCDC) and the Department of State Services (DSS), has secured court convictions for SIM card related offences. This is...

Nigeria’s Okonjo-Iweala through to final round in race for WTO boss

Former Nigeria’s Finance Minister, Ngozi Okonjo-Iweala, has made it through to the final run-off in the race for the leadership of the World Trade Organisation (WTO)....

Lagos to deliver 3,004 housing units in December 

Lagos State Governor, Babajide Sanwo-Olu, has reiterated his administration’s commitment to expand the total housing stock in the State by 3,004 units before the year...

IMF approves aid for world’s 28 poorest countries

Twenty-eight of the world’s poorest countries are set to receive the second tranche of aid from the International Monetary Fund (IMF). The approval, which follows a...

NSE to launch West Africa’s first Exchange Traded Derivatives (ETDs)

West Africa’s first Exchange Traded Derivatives is set to be launched soon on the Nigerian Stock Exchange. This follows the registration of NG Clearing by the...

FG suspends electricity tariff hike

The Nigerian Electricity Regulatory Commission (NERC) has issued a directive suspending the hike in electricity tariffs introduced on September 1, for two weeks. The...