BUSINESS
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TCN Labels FG’s 2 Months Free Electricity Mere Propaganda
The Transmission Company of Nigeria, TCN has said that the two months free electricity promised to Nigerians by the Federal…
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Travel Agencies In Nigeria May Be Crippled With N100 bn Ticket Refunds
Travel agencies in the country are on the verge of being thrown into heavy debts as customers continue to press…
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Naira Appreciates against US Dollar, Trades at ₦383/$1
The Nigerian currency has significantly gained against the dollar since late March 2020. Naira appreciated against the dollar by exchanging…
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80,000 Loan Seekers Apply for CBN’s ₦50 billion Targeted Credit Facility
A total number of 80,000 loan seekers have applied for the N50 billion Targeted Credit Facility introduced by the Central…
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Discos Promise Nigerians 2 Months Free Electricity
Power distribution companies have said that they will provide Nigerians with two months free power supply. This is in support…
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IMF Charges Nigeria 1.5% Interest Rate on $3.4 Billion Loan
The International Monetary Fund (IMF) has said that the $3.4 billion credit facility being requested by the Nigerian government attracts…
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Nigeria, Angola to Lose $65 Billion Revenue in 2020 – AU
An African Union (AU) study has revealed that Sub-Saharan Africa’s biggest oil producers, Nigeria and Angola, alone could lose $65…
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COVID- 19: UK Government Targets Candy Crush, Other Gaming Companies With ‘Stay Home’ ads
The Department for Digital, Culture, Media and Sport (DCMS) has started working with the UK’s biggest gaming companies, in a…
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Oil Prices Fall As Doubts Grow Over Output Cut Deal
Oil prices declined sharply on Monday to levels not seen for years due to the coronavirus pandemic. This came after…
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Banks’ e-payment Incomes rise by 64% in 2019
Nigerian banks in 2019 earned N212.66bn through increased investment in technology and the introduction of new online payment channels. The…
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