Economy

By John Ikani The Federal Government of Nigeria has granted approval for the reopening of the Seme land border specifically for vehicle imports. The announcement was made by Ibrahim Musa, the Director of Road Transport at...

By Enyichukwu Enemanna The US Agency for International Development (USAid) on Wednesday announced a grant of $88.9 million to East and central African, aimed at stepping up investment in renewable energy and closing gap of access...

Facts have emerged that airfares, particularly on the Nigerian routes, may once again increase, as the International Air Transport Association (IATA) on Wednesday, pegged $1 to N770. At the moment, international airlines have been unable to...

By John Ikani The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has given its nod to a substantial 114 percent raise in the salaries of elected officials, including the president, vice president, governors, lawmakers, as well...

By Enyichukwu Enemanna The Federal Government of Nigeria has granted approval to six companies to commence the import of petroleum motor spirit (PMS) into the country with effect from July, dislodging the monopoly of fuel import...

By Enyichukwu Enemanna Pan-African bank, the United Bank for Africa (UBA) will commit at least six billion dollars towards supporting small and medium-sized enterprises (SMEs) in fully taking part in intra-African trade. The funds will be...