Business & Economy
How FG, others gain N1.05trn from Naira depreciation
The three tiers of government recorded N1.05 trillion income from exchange rate gains into the Federation Account, in nine months to September 30th, ...
Business & Economy
BREAKING: Court Declares Rivers N800bn 2024 Budget Illegal
The N800 billion 2024 budget that Rivers State Governor Simi Fubara signed into law was declared void on Monday by the Federal High ...
Business & Economy
Naira depreciates to N1,370/$ in parallel market
The naira yesterday depreciated to N1,370 per dollar in the parallel market from N1,300 per dollar on Thursday. Similarly, the naira depreciated to ...
Africa
NIN-SIM linkage: Customers report blocked phone numbers
Some telecommunications subscribers expressed displeasure on Wednesday over the barring of their lines by telcos, despite having linked their National Identification Number (NIN) ...
Business & Economy
Stolen £6.9m for arms purchase’ll be returned to Nigeria –UK Govt
A fresh inflow of foreign exchange totaling £6.9m ($8.9m) or N8.2 billion (when converted to naira), will soon hit the coffers of the ...
Business & Economy
We Are At The Verge Of Economic Recovery – Tinubu
On Monday, President Bola Tinubu gave Nigerians hope for an imminent economic revival and expressed confidence in the nation’s capacity to weather the ...
Business & Economy
Shell to Sell Nigeria Onshore Oil Business for $1.3 Billion
In a move signalling a shift away from onshore oil production, energy giant Shell has agreed to sell its Nigerian onshore oil and ...
Business & Economy
US Court Orders $8.9 Million That Was Stolen in 2014 to Be Repatriated to Nigeria
A U.S. court in New Jersey has decided that property valued at around $8.9 million stolen by Nigerian government officials in 2014 may ...
Business & Economy
Naira increases significantly against the US dollar
According to data from FMDQ, the Naira showed a significant rise at the official foreign exchange market at the start of Monday’s workweek. ...
Business & Economy
Sanwo-Olu Signs 2024 Budget With N21.74bn Increase
Governor Babajide Sanwo-Olu of Lagos State on Monday signed the 2024 Appropriation Bill into law, with an addition of N21.74 billion on the ...