Business

Nigerian govt receives $.2.25B Afrexim bank loan to solve forex crisis

African Import-Export Bank gave the Nigerian Federal Government a $2.25 billion foreign exchange support loan on Friday. In a recent…

1 year ago

FG unveils more motor parks eligible for 50% transport fare discounts

A list of additional motor parks where Nigerians can receive a 50% transport fare reduction on return travels over the…

1 year ago

FG announces delivery of seven power transformers to boost electricity supply

At an effort to increase the availability of electricity, the Federal Government of Nigeria has announced that it has received…

1 year ago

World Bank predicts insecurity, deteriorating livelihoods in Nigeria

According to World Bank projections, until May 2024, local government areas in Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara, and the…

1 year ago

FAAC: FG, states, LGAs share N1.783trn in December 2023

The federal, state, and local governments of the nation shared N1.783 trillion in revenue that was accumulated to the federation…

1 year ago

British American Tobacco to pay Nigeria $110m fine over infringements – FCCPC

According to the federal government, British American Tobacco, Nigeria Limited, and its affiliated companies must pay a $110 million fine…

1 year ago

Nigeria to commence gas supply to South Africa in 2024

Nigeria has declared that starting in the first quarter of 2024, it will start supplying gas to South Africa. In…

1 year ago

Emefiele worst CBN gov in Nigeria’s history – Moghalu

Godwin Emefiele is the worst governor of the highest bank, according to Kingsley Moghalu, a former deputy governor of the…

1 year ago

US announces ban on Apple Watch

Following President Joe Biden's administration's decision not to veto a decision on patent infringements, a ban on imports of Apple…

1 year ago

FG to commence new regulation for digital money lenders in 2024

The Federal Government has declared its intention to enact new regulations for DMLs, or digital money lenders, also referred to…

1 year ago