Economy

By John Ikani The Association of Master Bakers and Caterers of Nigeria (AMBCN) has directed its members to increase prices of bread and other bakeries by 30%, citing higher raw material costs. AMBCN in a statement...

By Chioma Iruke   As part of efforts to boost local participation in Nigeria’s Oil and Gas industry, the Nigerian Content Development and Monitoring Board (NCDMB), stated that it has committed a total of $332 million...

By Emmanuel Nduka   The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved a $50million Nigerian Content Research and Development Fund to drive research breakthroughs.   This was announced by the...

The Central Bank of Nigeria has set capital benchmarks for firms involved financial technology and payment operations. Those in the top category, dealing with switching and processing, as well as mobile money operation, will have a...

Green Africa Airways, a Nigerian start-up carrier, has launched its entry into Nigerian aviation sector. On Tuesday, the airline began sales of tickets for travellers to reserve a seat on its fleet. The aviation company had...

The Federal Government has said that the £4.2m looted funds recovered by the British Government from Ex-Delta Governor, James Ibori has been returned to Delta. The Accountant General of the Federation, Mr Ahmed Idris made this...