Business

Nigerian railway loses N1.45bn in three months from passenger traffic

Passenger revenue from the Nigerian Railway Corporation dropped by N1.48bn in the second quarter (Q2) of 2022. The amount representing…

3 years ago

Updated: Protesting aviation workers block Lagos airport, passengers stranded, flights cancelled

Many air passengers travelling out of Lagos have been left stranded as flight cancellations are imminent following a protest by…

3 years ago

Naira redesign: Dollar scarcity hits BDCs, sells at N818/$

The naira has dropped to N818/$1 at the parallel market in Abuja and N815 in Lagos after the Central Bank…

3 years ago

Contractor hands over completed $1.5bn Lekki port, Lagos okays six-lane access road

The construction of $1.5bn Lekki deep seaport has been completed and the facility handed over by the contractor, China Harbours,…

3 years ago

FCT minister, CCECC meet on Abuja train take-off

The Minister of the Federal Capital Territory, Malam Muhammad Musa Bello, has met with top officials of the China Civil…

3 years ago

Naira Redesign in Overall Interest of Nigerians, Economy – CBN

*Insists due approval sought, obtained from Buhari  *Moghalu backs apex bank, says policy will address insecurity The Central Bank of…

3 years ago

5G Network Has no Negative Health Effects; NCC Reassures Nigerians

The Nigerian Communication Commission (NCC) has reassured the public that the new Fifth Generation network popularly known as 5G has…

3 years ago

FG clarifies direct tax collection from online gaming operators

The Federal Government has clarified the recently announced commencement of collection of taxes from online gaming operators, saying it is…

3 years ago

Governor Oyetola launches monthly support scheme for the poor one month to leave office

Osun State Governor Adegboyega Oyetola on Friday launched a N20- million monthly social support scheme ito tackle poverty and protect…

3 years ago

Finance minister disagrees with CBN governor on naira redesign

There seems to be a discordant tune among top current managers of the Nigerian economy on the plan by the…

3 years ago