Economy

Just as global technology giants including Google Inc., HUAWEI, and top social networking company, Facebook, another international tech heavyweight, Microsoft Corporation, has disclosed plans to partner with the Federal Government for the benefit of the Nigerian people,...

Nigeria Customs Service generated the sum of N1,562,115,419,216.32 for the year 2020. The amount generated is over the targetof N1,380,765,353,462.00 over the sum of N1,342,006,918,504.55 generated in 2019 despite the covid-19 pandemic. Commenting on this feat,...

Two airlines have commenced fleet expansion programmes following receipt of Federal Government's Palliative. The airlines which include Dana and Azman are retrieving aircraft stuck overseas and acquiring additional capacity. Dana Air has already welcomed two of...

Nigerian government has directed the Nigerian Electricity Regulatory Commission (NERC) to suspend the implementation of the recently reviewed tariff until the joint ad-hoc Committee concludes their discussion by the end of January. This was disclosed by...

The Management and Board of First City Monument Bank (FCMB) Plc has named Yemisi Edun as acting Managing Director, subject to regulatory approvals which will be subsequently announced in the coming days. She is taking over...

The United States Government has directed banks to start accepting Africa’s first cryptocurrency, Zugacoin The directive contained in a letter issued by the U.S. Office of the Comptroller of the Currency (OCC) comes as the coin...