Business

Nigeria’s socio-economic conditions worsened despite $3.5bn IMF loan – Report

Backs fuel subsidy removal, CBN reform policies International Monetary Fund (IMF) says despite the $3.5bn loan it gave Nigeria to…

4 years ago

Nigeria turns to Europe for $1.9bn Kano-Maradi rail funding

Construction work on $1.9bn Kano-Maradi (Niger Republic) rail line will start on Tuesday (tomorrow) after the inauguration of the project…

4 years ago

Bitcoin hits all-time high amid Tesla investment

Digital currency bitcoin spiked on Monday, hitting a record high of $44,795.20, after Elon Musk’s electric automaker Tesla invested $1.5…

4 years ago

62.63% electricity consumers on estimated billing – NERC

The Nigerian Electricity Regulatory Commission (NERC) says 62.63 per cent of electricity consumers in the country are on estimated billing…

4 years ago

WTO: Okonjo-Iweala thanks Buhari, Nigerians

Excited by the support from Nigeria, Ngozi Okonjo-Iweala has thanked President Muhammadu Buhari and Nigerians for standing by her in…

4 years ago

Zulum adds 90 new buses to Borno public transport

Governor Babagana Umara Zulum has unveiled 90 units of mass transit buses to enhance the operation of Borno Express Corporation,…

4 years ago

US backs Okonjo-Iweala for WTO job

The United States government has announced its endorsement of former the Nigerian minister, Ngozi Okonjo-Iweala, to emerge as the director…

4 years ago

World Bank approves $500m for Nigeria’s power supply

The World Bank has approved $500 million to support electricity supply in Nigeria through large-scale metering and effective distribution. It…

4 years ago

CBN bans operation of cryptocurrency accounts

The Central Bank of Nigeria has ordered banks and other financial institutions to immediately close any account dealing in cryptocurrency…

4 years ago

Nigeria lifts suspension of Emirates flight operations

Nigeria Civil Aviation Authority Friday evening lifted the suspension order slammed on Emirates Airlines for violating COVID-19 protocols. This is…

4 years ago