Economy

By Chioma Iruke Nigeria recorded a total of 6,420,820 passengers who traveled through domestic and international airports in Nigeria between January and June this year, representing a 50.5 percent post Covid-19 increase in flights as compared...

By Chioma Iruke The World Bank has projected an upward review of the Nigerian economy in the new edition of its Nigeria Development Update. According to the new report, the Nigerian economy has experienced a rebound...

By John Ikani The Federal Government of Nigeria says it will remove fuel subsidies by 2022 and replace them with a N5000-a-month transportation grant to the poorest Nigerians. Zainab Ahmed, the Minister of Finance, Budget and...

By John Ikani The United States says it’s encouraged by Sunday’s deal reinstating the Sudanese Prime Minister, Abdalla Hamdok – but wants more progress before “restoring aid.” The Biden administration suspended $700 million in aid to...

By John Ikani  The Chief Executive Officer and Managing Director of Heritage Bank Plc, Ifie Sekibo has been adjudged Banker of the Year 2021 under SMEs and Agric category. Sekibo won the prestigious award at the...

By Chioma Iruke The African Development Bank (AfDB) has revealed its intentions to spend the sum of $110million on rural roads, transport infrastructure, water/sanitation and agricultural productivity in Kano State, northern Nigeria. President of the bank,...