Business News

The Federal Government has said it will soon announce salary increments for civil servants and public officials due to the steady increase in the prices of consumer goods. This was...

The Nigeria Immigration Service has generated N438.78bn as revenue from 2017 to date. This came as the total sum of Internally Generated Revenue by the agency almost doubled from N38.53bn...

A combination of high food prices and a strong dollar is negatively affecting people in Nigeria and other developing countries, a report by the United Nations Conference on Trade and...

Promoters of Lekki Deep Seaport, Lekki Port LFTZ Enterprise Limited, have said that the $800m rail connection is an integral part of port operations. The Chief Operating Officer of Lekki...

The International Monetary Fund has warned Nigeria and other oil-producing countries in Sub-Saharan Africa to expect dwindling oil revenues in the coming years as the world transitions from fossil fuels...

The World Bank has asked the Central Bank to reconsider its RT-200 Programme despite its good intentions. According to the global bank, this policy has created an additional foreign exchange...

The average cost of airplane tickets in Nigeria rose from N37,022.97 in November 2021 to N73,267.57 in November 2022, latest data from the National Bureau of Statistics showed on Monday....

Stakeholders in the aviation industry have expressed concerns over the inability of airlines to repatriate their revenues, noting that the trapped funds would hamper the sector’s contribution to the Gross...

The former Managing Director of Family Homes Funds Ltd, Femi Adewole, has said the availability of funds for mass housing was essential to deliver 300,000 homes by 2025 to shore...

The World Bank Group has said that the estimated per capita income growth of 0.7 per cent for Nigeria and the rest of Sub-Saharan Africa in 2022 is insufficient to...