Economy

Popular business consultant, Ubong King is dead. The popular business consultant, who was also a renowned motivational speaker and security expert, breathed his last in Lagos yesterday. King, who is also the president of the Ubong...

The Central Bank of Nigeria (CBN) yesterday announced the revocation of the operating licenses of seven dormant payment service providers (PSPs). The apex bank, in an official gazette of the federal republic of Nigeria, listed the...

The Federal Executive Council (FEC) has approved the reopening of four land borders with immediate effect. The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, who disclosed this after the 28th virtual FEC meeting,...

The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the operations of oil companies against the...

The total value of capital importation into Nigeria stood at 1.46 billion dollars in the third quarter of 2020, the National Bureau of Statistics (NBS) says. The bureau said this in its “Nigerian Capital Importation, Quarter...

The Akwa Ibom State Internal Revenue Service (AKIRS), on Monday sealed the two Uyo branches of Guarantee Trust Bank (GTBank) over unpaid taxes running into N184 million. Mr Leo Umanah, Executive Director Enforcement and Recovery, AKIRS...