BUSINESS
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First Bank Partners NESG, Hosts 25th Nigerian Economic Summit
As a demonstration of its commitment to create an enabling environment and opportunities for the promotion of sustainable growth and…
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External Reserves Fall by $3.2 billion in 2019 Third Quarter
Nigeria’s external reserve has fallen by $3.22 billion from $45.07 billion as at end of June 2019 to $41.85 billion…
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Insurance Sector Loses N192 Billion Yearly To Fake Motor Insurance Agents–NIA
Data obtained from the Nigerian Insurers Association (NIA) has shown that the insurance sector loses about N192 billion yearly as a result of fake motor insurance…
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Social media ads spend continue to overtake print ads budget globally
Social media advertising will see 20% in ad spend boost in 2019 and will account for 13% of all global…
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FG, States, LGs Allocation For 2020 Drops by N2.01 Trillion
The allocation to the three tiers of government from the federation account would drop by N2.01 trillion in 2020 according…
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Why Nigerian Power Sector Records N2.2 billion Loss
The Nigerian power sector recently recorded an estimated N2.2 billion loss according to a daily energy report by the Advisory…
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Buhari Endorses AfDB President, Akinwunmi Adesina For Second Term
President Muhammadu Buhari has endorsed and nominated the President of African Development Bank (AfDB), Akinwunmi Adesina for a second term…
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GSM tax: Telecomm subscribers to pay extra N261bn
The Nigerian Senate has proposed the Communications Service Bill be passed into law and if that eventually happens, telecom subscribers…
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Nigeria, South Africa sign 10-year visa agreement for frequent travelers
Nigeria and South Africa have reached an agreement on issuing 10-year visas to businessmen, academics and frequent travellers.
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Debit Accounts of Loan Defaulters, CBN Directs Banks
The Central Bank of Nigeria (CBN) has finally granted Deposit Money Banks the approval to directly debit bank accounts belonging to loan defaulters across…
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