Nigeria’s attorney general has withdrawn a $2 billion tax demand against South African telecoms giant MTN Group, the company said on Friday.…
Economy
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Nigeria debt service hits $1.31 billion in 2019. Available data in Central Bank of Nigeria (CBN) showed that Nigeria spent $1.31 billion…
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India’s restrictions on imports of refined palm oil will lead to a loss of market share for Malaysia and spark a price…
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Chief Executive of International Airlines Group (IAG), owner of British Airways Mr Willie Walsh, has said he is to step down from…
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AgricultureEconomyFinance
Ecobank opens Agric Financing Scheme; to host Nigeria’s biggest Agric-Business, Food summit
Ecobank Nigeria in its quest to enhance its non interest income has said it has opened an Agriculture Businesses Finance Scheme where…
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Several major airlines said on Wednesday that they are re-routing flights to avoid airspace over Iraq and Iran after the Federal Aviation…
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The Nigerian Electricity Regulatory Commission (NERC), says the minor review order released by the Commission on Jan. 3 has no immediate impact…
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BusinessEconomyNews
Global growth pickup to 2.5% in 2020 amid mounting debt, slowing productivity growth—WB
World Bank has in its January 2020 Global Economic Prospects said that global economic growth is forecast to edge up to 2.5…
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United Bank for Africa Plc (UBA) has appointed Mr. Oliver Alawuba as the Chief Executive Officer (CEO) UBA Africa, overseeing the bank’s…
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The Edo State Government has commenced the payment of the new N30,000 minimum wage to workers in the state with the adjustment of the government’s…
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Cross River State Governor, Prof. Ben Ayade has signed the state’s 2020 appropriation bill into law. Ayade lauded the state House of…
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By Omoh Gabriel The desire of Nigeria to diversify its economy has been in the works for several decades. From Shehu Shagari’s…
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Nigerians living in areas covered by 11 Electricity Distribution companies are now to pay more for light. The 11 DISCO which tariffs…
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More than 2,000 participants from 68 countries are expected at the Creative Africa Exchange (CAX) which opens in Kigali on 16 January…
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A home-grown electric ship conducted a trial operation in central China on the Yangtze River, China’s longest waterway. Junlyu is the first…