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Business and Economy

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...

Sterling Bank and SMEDAN join forces to establish Nigeria’s largest SME Database

Sterling Bank Plc and the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) have entered into a Memorandum of Understanding (MoU) to establish...

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