CATEGORY
Business and Economy
UBA’s $300 Million Eurobond Oversubscribed
Amid global and domestic challenges, the United Bank for Africa Plc’s (UBA) $300 million Eurobond attracted 1.7 times oversubscription from investors across the globe.The...
Subsidy Draining Nigeria’s Economy – Finance Minister
Minister of finance, budget and national planning, Mrs Zainab Ahmed, has said petroleum under-recovery popularly known as fuel subsidy is a major drain on...
FG Unveils N348.7trn National Development Plan
Vice President Yemi Osinbajo is to lead the federal government’s National Economic Development Plan (NDP) of N348.7 trillion.The ambitious project, which some experts tagged...
World Bank Hails Nigeria on Debt Reportage
The World Bank in its latest report has commended Nigeria’s debt reporting, stating that 40 per cent of low-income developing countries (LIDCs) were yet...
IGR: Lagos Leads As FCT Beats Rivers, Kano, 33 Others
The 36 states and the Federal Capital Territory generated N849.123bn as Internally Generated Revenue (IGR) in 2021 compared to N612.87bn in 2020.A report by...
Economist tasks FG on Tax incentives to attract more Investments
An economist, Mr Kennedy Eze, has urged the Federal Government to provide tax incentives so as to attract more investments into Nigeria.In an interview...
Nigeria has potential to earn N1.2trn from Cassava exports annually, says PIND
Dara Akala, executive director of Partnership Initiatives in the Niger Delta (PIND), says Nigeria has the economic potential to earn $2.98 billion (about N1.2...
MTN, Airtel Get CBN’s Approval in Principle to Operate Payment Service Banks
The Central Bank of Nigeria (CBN) has granted approval in principle to MTN and Airtel to operate payment service bank (PSB) across the country,...
5G: NCC, Telecoms Differ on N75bn Reserve Price for 3.5GHz Spectrum
Ahead of preparations for 5G rollout in Nigeria in 2022, the Nigerian Communications Commission (NCC) has released draft Information Memorandum (IM) for 3.5GHz spectrum...
Empowering Youths Economically, Best Way to Develop Africa – Tony Elumelu
The Founder and Chairman of Tony Elumelu Foundation (TEF) HEIRS Holding, Mr. Tony Elumelu, has said that giving economic power to young people remains...
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