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Business and Economy

Dynamics of Rising Crude Oil Prices Impact PMS

By Adefolarin A. OlamilekanAs Donald Trump takes office as the 46th President of the United States, the global economy is already feeling the heat...

World Bank Projects 3.6% Economic Growth for Nigeria in 2025-2026

By  Milcah   TanimuThe World Bank has projected a 3.6% economic growth for Nigeria from 2025 to 2026. The report, Global Economic Prospects for January...

LCCI Slams FG Over Delayed Rice Import Policy Implementation

By   Milcah  TanimuThe Lagos Chamber of Commerce and Industry (LCCI) has criticized the Federal Government for delaying the implementation of its duty-free food importation...

CBN Launches DocFlow and MDAs Naira Payment Solutions

By   Milcah   TanimuThe Central Bank of Nigeria (CBN) has launched two digital initiatives: Document Flow (DocFlow) System and Ministries, Departments, and Agencies (MDAs) Naira...

Naira Depreciates Against US Dollar as Forex Market Sees Mixed Trends

By   Milcah   TanimuThe naira has depreciated further against the US dollar in the foreign exchange markets. On Tuesday, January 14, 2024, data from FMDQ...

Telecom Tariff Increase Deepens Financial Strain on Nigerians

By Abigail Philip DavidThe recent hike in Nigeria's telecommunication tariffs has ignited nationwide concern over its impact on consumers. While telecom operators argue...

Nigeria’s “Hike Economy” and Its Impact on Telecom Services

By  Milcah   TanimuNigeria is grappling with an ongoing cost-of-living crisis, with price hikes now touching nearly every sector, including telecommunications. What started with increases...

China Bank Approves $255M for Kano-Kaduna Railway

By   Milcah    TanimuThe China Development Bank has approved a $255 million loan for Nigeria’s Kano-Kaduna railway project. This funding will boost transportation and...

Revenue Lost to Illegal Mining Surpasses Nigeria’s Budget – Ex-SDP Presidential Candidate

By Abigail Philip DavidFormer Social Democratic Party (SDP) presidential candidate, Prince Adewole Adebayo, has raised concerns that Nigeria is losing more revenue to...

Apple Faces £1.5 Billion UK Lawsuit Over Alleged App Store Overcharging

By Abigail Philip DavidApple is confronting a £1.5 billion ($1.8 billion) lawsuit in the UK over claims it overcharged millions of customers through...

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