Economy

  By Emmanuel Nduka Nigeria’s apex financial institution, the Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech Company, Bitt Inc., as the Technical Partner for its digital currency, eNaira, which...

  By Chioma Iruke The Nigerian Government on Monday said it is borrowing “sensibly and responsibly” despite public outcry on its increasing debt profile. The nation’s Minister of Finance, Budget and National Planning, Zainab Ahmed, said...

  By Chioma Iruke Nigeria’s Finance Minister, Zainab Ahmed on Monday said the country would on October 11 this year, launch its planned Eurobond issue. The minister also said the country would hold roadshows for the...

  By Emmanuel Nduka Dangote’s $2billion petrochemical plant located in Ibeju-Lekki, Lagos State, with a capacity to produce 77 different high-performance grades of polypropylene, is at the final stage of completion. This was revealed by the...

By John Ikani Emirates Airlines has again extended the suspension of flights from Lagos State and Abuja airports to Dubai till September 5, 2021. The development comes two weeks after the Dubai-based carrier suspended flight resumption...

By John Ikani  The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DisCos) to increase their tariff effect from 1st September 2021. In a letter titled; “Tariff Increase Notification”, the NERC gave...