CATEGORY
Business and Economy
Nigerian Insurers Send Over 70% of Oil & Gas Business Abroad in Q1 2023
According to the National Insurance Commission (NAICOM) first-quarter report, Nigerian insurers transferred a significant 74.8% of their income generated from oil and gas businesses...
Telecoms Investment in Nigeria now $75.6bn, Danbatta declares
As sector added N10.126 trillion to GDP in 2022The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has...
Sterling Bank Launches ‘One-Woman Saver’ Account to Empower Market Women
Sterling Bank Plc has unveiled a new savings account product called 'One-Woman Saver' specifically designed for market women and traders. The account offers easy...
Foreign exchange turnover in the Investors and Exporters (I&E) window experienced a 35% decline to reach $13.11 billion in the first half of 2023...
The foreign exchange segment of the Nigerian economy experienced a downward trend in the first half of 2023, with a 35% year-on-year decline in...
Rising Tomato Prices Prompt Housewives to Seek Alternatives
In the Federal Capital Territory, Abuja, some housewives are expressing their frustration as the cost of tomatoes continues to soar, leading them to find...
SERAP demands transparency in N400b fuel subsidy savings spending.
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to provide a breakdown of the expenditure of approximately N400 billion saved...
HDTDA President highlights fuel subsidy removal as a major challenge for the transport industry
Mr. Uche Nebuwa, the National President of the Heavy Duty Truck Drivers Association (HDTDA), has emphasized that the removal of fuel subsidies poses a...
Nigerian Ports Authority (NPA) Initiates Overtime Cargo Evacuation
In an effort to enhance efficient operations at the ports, the Nigerian Ports Authority (NPA) has commenced the evacuation of overtime cargoes. This development...
Tinubu Pledges Financial System Reform and Budgetary Transparency
President Bola Tinubu, during a meeting at the Lagos House, Marina, with Governor Babajide Sanwo-Olu and other APC stalwarts, expressed his commitment to reforming...
External Reserves Fall By $2.85bn In First Six Months – CBN
Nigeria’s external reserves fell by $2.85bn in the first half of 2023 due to external debt finance among other challenges, figures obtained from the...
Latest news
- Advertisement -