Business

Nigeria May Slip Into Recession as Budget Deficit Hits N30.58trn In Seven Years

The budget deficit has risen to at least N30.58tn in the last seven years. This is according to data from…

4 years ago

CIG boosts Nigeria-China trade relations with G-Style showroom, others

Choice International Group, Nigeria’s representative of GAC Motors, is leading the promotion of bilateral relation between Nigeria and China through…

4 years ago

Naira strengthens to N665/$ at parallel market — days after EFCC raided BDC hub

The naira, on Tuesday, sustained its momentum at the parallel market, appreciating to N665 per dollar a few days after…

4 years ago

Cocoa farmers to benefit $400 LID along counterparts in Ghana, Cote d’Ivoire — FG

Inaugurates National Cocoa Management Committee As Nigeria begins new cocoa revolution The Federal Government, Tuesday, disclosed that cocoa farmers will…

4 years ago

Travellers Stranded As Dollar Shortage Hits Banks

Nigerians are finding it increasingly difficult to access the United States dollar at the Central Bank of Nigeria’s official rate…

4 years ago

High diesel cost killing business, Obasanjo warns

Former President Olusegun Obasanjo, on Tuesday, lamented the high cost of diesel, saying it is taking a toll on his…

4 years ago

FG won’t resume Abuja-Kaduna train service until all abducted passengers are freed – Minister

Minister of Transportation, Mu’azu Jaji Sambo, has said the Abuja-Kaduna train service will remain shut indefinitely until the kidnapped victims…

4 years ago

Terrorists release professor, four other abducted train passengers

Five of the passenger abducted by terrorists from a Kaduna-bound train on March 28, 2022, have been released. Among the…

4 years ago

British Airways suspends short-haul flights from Heathrow

British Airways has suspended the sale of short-haul flight tickets departing from Heathrow airport over persistent ndustry challenges. Short-haul flights…

4 years ago

Oliver Alawuba replaces Kennedy Uzoka as UBA GMD

The United Bank for Africa (UBA) has named Oliver Alawuba as its new group managing director. The bank made the…

4 years ago