BUSINESS
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FG pays N23bn to pensioners in three months
About N22.45bn was paid to pensioners by the Federal Government under the Defined Benefit Scheme between January and March this…
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Naira depreciates against dollar at parallel market
The Nigerian currency on Friday depreciated against the dollar at the parallel market in Lagos, the News Agency of Nigeria…
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Governors threaten NNPC over fuel subsidy payment
National Economic Council (NEC), comprising the 36 State Governors in the country has threatened to take over the responsibility of…
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SON calls on e-Commerce stakeholders to adhere to standards
The Standards Organisation of Nigeria (SON) says there is the need for stakeholders in the e-Commerce space to adhere strictly…
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Nigeria’s growth excites World Bank
The World Bank Group is excited with the growth of Nigeria and expressed satisfaction with the performance of the economy.…
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NNPC appoints Kyari as Nigeria’s representative at OPEC
The Nigerian National Petroleum Corporation (NNPC) says its Group General Manager, Crude Oil Marketing Division, Mallam Mele Kyari has been…
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NBS says Nigeria’s capital importation hits $6.30m in Q1
The National Bureau of Statistics (NBS) says Nigeria’s capital importation in the first quarter stood at 6,303.63 million dollars. The…
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CBN injects fresh $210m into forex market
The Central Bank of Nigeria (CBN) has injected a fresh whooping sum of $210 into the market to boost the…
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Analyst fears Currency Swap deal may stifle Nigerian economy
Financial analysts have expressed concern that the currency swap deal recently signed by the Central Bank of Nigeria (CBN) and…
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Active mobile lines in Nigeria hit 149m in March- NCC
The Nigerian Communications Commission (NCC) says active mobile phone lines in the country rose from the 148 million in February…
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