Economy
Export produce worth $340.8m passed through Apapa port in 2020—Customs
About 262,095 metric tons of goods worth $340.8 million were exported through Apapa port in 2020, this is even as the Nigeria…
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Economy
Economy
FEMI Otedola, Sayyu,Dantata others book for Strategic turnaround book
Billionaire businessman, Femi Otedola and Founder of MRS Group, Alhaji Sayyu Dantata are some of the first set of Nigerian business leaders…
Economy
Sub Saharan Africa Mergers, Acquisition totalled $25.7 bn in 2020
Refinitiv has said that the 2020 investment banking analysis for the Sub-Saharan African totalled $25.7 billion in 2020. According to the report, an…
Economy
Telecoms contributes N2.272trn to GDP in 2020—NCC
Nigerian Communications Commission, NCC, has said that the telecom sector contributed N2.272 trillion to the country’s Gross Domestic Product, GDP, last year.…
Economy
CAC generates N19bn, boost federation account with N2.7bn remittance in 2020
Corporate Affairs Commission Registrar General Alhaji Garba Abubaka has said that the commission remitted N2.7 billion into the federation account as surplus…
Economy
9mobile appoints Chief Technical Officer, Deputy CTO, Director of Strategy
9mobile, has said that it has appointed a new Chief Technical Officer (CTO), Deputy Chief Technical Officer, and Director of Strategy within…
Economy
Aliko Dangote’s net worth drops lower by $840m
Aliko Dangote, founder of Africa’s manufacturing conglomerate, Dangote Group Plc, net worth dropped lower by $840 million to $17.5billion between January 7…
Economy
Africa in top three spots in Mastercard index for highest concentration of women businesses owners in the world
The 2020 Mastercard Index of Women Entrepreneurs (MIWE) has once again ranked Uganda (39.6%), Botswana (38.5%) and Ghana (36.5%) as the world’s…
Economy
AfDB grants great Green Wall $6.5bn facility
African Development Bank (AfDB) said it would support the Great Green Wall initiative with 6.5 billion dollars over the next five years.…
Economy
Osinbajo highlights impact of FG’s MSMEs Survival Fund scheme nationwide
In partnership with the private sector, the Federal Government would continue to support innovation and interventions to boost the growth of small…
Economy
Nigeria traders commends FG over setting up of AfCFTA secretariat
Nigeria trade group, Market Traders Association of Nigeria (MATAN), has commended the Federal Government for its roles in the inauguration of the…
Economy
Nigeria is not charging applicants €500 for passport in France—Foreign Affairs
The Nigerian Government has denied that its Embassy in France is charging an upward of €500 for passport renewal from citizens. A statement…
Economy
Microsoft: Nigeria’s tech space would become most viable in Africa
Just as global technology giants including Google Inc., HUAWEI, and top social networking company, Facebook, another international tech heavyweight, Microsoft Corporation, has…
Economy
UK bans Southern African countries from entering for 10 days.
The United Kingdom has placed a 10 days ban on travellers from Southern Africa Countries. The countries are Namibia, Zimbabwe, Botswana, Eswatini,…
Economy
Lagos to spend N1.164trn in 2021 fiscal year
Lagos State Year 2021 expenditure plan named ” Budget of Rekindled Hope” has been put at N1.164 trillion. A breakdown of the…