…As FCT, Lagos, five states lead charge, fall short of govt assertions In a revelation from the National Bureau of Statistics (NBS), only six states and the Federal Capital Territory (FCT) attracted foreign investments amounting to $8.75 billion between June…
By Seun Ibiyemi Air Peace and Caverton have been designated carriers to operate direct flights between Nigeria and Brazil. This follows a Memorandum of Understanding signed in 2018. The agreement aims to enhance air connectivity and boost economic cooperation between…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasised the urgency of adopting comprehensive reforms to address Nigeria’s fiscal and inflationary crises. Speaking at a two-day workshop in Abuja, organised by the Federal Ministry of…
By Esther Agbo The Federal Inland Revenue Service (FIRS) has introduced a new USSD code, *829#, allowing citizens to handle tax-related matters via their mobile phones without the need for internet access. The FIRS Chairman, Zacch Adedeji, unveiled the USSD…
The Dangote Petroleum Refinery and Petrochemicals is exploring the possibility of a crude deal and cement production in Caribbean countries. This was disclosed when the Prime Minister of Grenada, Dickon Mitchell who is also the chairman of the Caribbean Community…
…reaffirms commitment to supporting African SMEs Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced that it will once again be sponsoring this year’s edition of the Lagos International Trade Fair(LITF). This marks the sixth consecutive year, where UBA…
The Federal Government has pledged to deepen ties with Japan to strengthen trade and exploit more opportunities in areas of infrastructural development, food security, and health. The Vice-President, Kashim Shettima said this on Wednesday when a delegation of the Japanese…
By Esther Agbo To address public concerns over the stability of Nigeria’s banking sector, the Central Bank of Nigeria (CBN) has reassured Nigerians of the safety and security of their deposits. This reassurance comes amidst rising speculation about the health…
By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC), has reiterated its commitment toward ensuring excellent and exceptional service delivery to stakeholders. The Managing Director of NDIC, Bello Hassan said this at the 2024 NDIC Customer Service Week (CSW) celebration…
Starlink, the satellite internet service owned by Elon Musk’s SpaceX may face possible regulatory sanctions such as a financial penalty for increasing its internet service tariff without obtaining regulatory approval. Section 108 and 111 of the Nigeria Communication Act, 2003…
