Business

Nigeria’s central bank urge FG to jettison fuel subsidy policy

Business
Due to the high cost to the economy, the Central Bank of Nigeria (CBN) has stated that the Federal Government of Nigeria (FGN) should...

Ban on foreign talents in Nigerian adverts will save forex earnings – Segun Arinze

Business
The recent ban on foreign models and voice-over artists in Nigeria's advertising space will save foreign currency for Nigerian media companies while also boosting...

ENGIE Energy Access elevates Oresanya to Global Marketing Manager

Business
ENGIE Energy Access, one of Africa's Pay-As-You-Go (PAYGo) and mini-grids solution providers, has promoted 'Demilade Oresanya to Global Marketing Manager. Prior to his promotion, Oresanya...

Okun Becomes ACG, Hands Over PTML Customs To Comptroller Bomai

Business
Comptroller Suleiman Bomai has been appointed as the new Customs Area Controller of the Nigeria Customs Service's Ports Terminal Multiservices Limited (PTML) Command (NCS). He...

Electricity sector pensioners demand N34.9bn arrears

Business
The Electricity Sector Retirees Welfare Association (ESREWA) has called for action on the lingering outstanding accrued rights and arrears amounting to N34.9 billion owed...

Dangote to cut sugar import by 40%

Business
The management of Dangote Sugar Refinery Plc has said it is set to reduce the importation of sugar into the country by 40 per...

Ecobank Nigeria unveils loans, remittances scheme

Business
Ecobank Nigeria has unveiled a special scheme on Back2School loans and remittances for all its customers. Head, Consumer Banking, Ecobank Nigeria, Korede Demola-Adeniyi said the...

Ibru: South-south can influence Nigeria politically if United

Business
Gboyega Akinsanmi Former Chairman of Ikeja Hotels Plc, Chief Goodie Ibru, has said South-south, a geo-political zone comprising six oil-producing states, can influence Nigeria politically...

GDP: Finance and Insurance sector grows by 29.90% in Q2 2022

Business
In the second quarter of 2022, the Finance and Insurance sector grew by 29.90% in nominal terms. According to the National Bureau of Statistics' most...

Reps summon Auditor-General of the Federation over fuel subsidy payments

Business
The Nigerian House of Representatives has agreed to summon the Auditor General of the Federation, Mr Okolieaboh Sylvia, to provide documentary evidence on the...

The most expensive Apple watch case is diamond encrusted and costs $15,000

Business
Apple Watches are already among the most expensive digital smartwatches available, but a new case designed by a Swedish company called Golden Concept has...

BREAKING: Nigeria’s real GDP grows by 3.54% in Q2 2022

Business
Nigeria's GDP increased by 3.54% year on year in real terms in the second quarter of 2022, an improvement over the 3.11% growth recorded...
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