Business News

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...

A special joint arrangement by the Nigerian National Petroleum Company Limited and 30,000-member independent petroleum marketers will lead to mass supplies of Premium Motor Spirit, popularly called petrol in Lagos,...

The Nigerian Railway Corporation has refuted reports that the Abuja-Kaduna train station had internal network issues connecting to the National Identity Management Commission server. Speaking at a roundtable with desk/liaison...

The Federal Government has initiated plans to introduce O.5 per cent levy on imported goods to raise funds to meet its obligations to the African Development Bank, the World Bank...

The World Bank has said that it would cost Nigeria N3.7tn to eliminate poverty, which has been on the rise in the country. The financial institution stated this in its...

In compliance with the amendment of the Companies and Allied Matters Act (CAMA 2020), signed into Law by President Muhammadu Buhari, recently, Caverton Offshore Support Group Plc, has deleted about...