News - Business and Economy

Cross-river To Boost Economy With Beach Polo

16 hours ago /

Sports lovers and spectators coming for the 2018 carnival Calabar will have more than the usual to watch as preparations are in top gear for the maiden edition of beach polo tournament.

$1.3 Trillion Lost To Corruption Globally – UN

2 days ago /

The World Bank says businesses and individuals globally pay more than one trillion US dollars in bribes every year.

EU Court Says UK Can Cancel Brexit

3 days ago /

The European court of justice has held that Britain is at liberty to halt its withdrawal from the EU. This judicial decision is capable of promoting a second referendum to stop Brexit which may spell doom for Prime Minister Theresa may.


FAAC Distributes N788.1 Billion For October

2 weeks ago /

A total of 788.1 billion Naira has been distributed as federal allocation for the month of October 2018 for the three tiers of government.


FG, States, LGs Share N648.71bn For September

1 month ago /

The Federal, state, and local governments have shared a total of N648.71 billion for the month of September.

My Administration Will Continue To Review Obsolete Laws Hindering Growth In Many Sectors - Buhari

1 month ago /

President Muhammadu Buhari says his administration will continue to review obsolete laws that are hindering growth in many sectors of the Nigerian economy.

Nigeria’s Economy Projected To Grow At 3.01% In 2019

1 month ago /

The Nigerian economy is projected to grow at three-point zero-one in 2019 with significant increase in growth from zero point eight per cent in 2017 to two point one percent in 2018.

AFDB Stamps Malawi’s Economic Plan

1 month ago /

The African Development Bank has approved its Country Strategy Paper for Malawi for 2018-2022 to boost the economic diversification and reduce the country’s dependency agriculture and build infrastructure the economic for growth in the  Country.

Ivory Coast’s Biggest Cocoa Exporter Up For Sale

2 months ago /

Creditors of the biggest cocoa exporter in Ivory Coast, which went bankrupt in july, will decide on Monday which company will be allowed to buy its assets.

World Bank, Nigeria To Collaborate On Cash Transfer Scheme

2 months ago /

The World Bank says it will work with the national bureau of statistics, NBS to conduct a survey on the national cash transfer scheme being implemented in Nigeria so as to know the impact of the program in alleviating poverty.

Airtel To Partner With DAAR In Service Delivery

2 months ago /

The chief executive officer (CEO) Airtel Nigeria, Segun Ogunsanya has reiterated the commitment of the foremost telecommunications giant to partner with DAAR communications plc in improving service delivery to its teaming viewers across the globe.

Analysts Take Closer Look At Nigeria-China Trade

2 months ago /

Nigeria’s participation at the just-concluded forum on china and Africa cooperation summit in Beijing, was widely celebrated particularly in government circles analysts however have expressed the need to review some of the trade deals, as they appear inimical to the country’s economic aspirations.

Presidency Blames Unbridled Looting For Nigeria's Economic Woes

2 months ago /

The Presidency says what killed Nigeria's economy in the past was unbridled looting of state resources by leaders.

Nigeria’s Inflation Rises In August

3 months ago /

Nigeria's inflation rate rose in august for the first time in over 18 months..

Ekiti Not Owing N117bn - Ekiti State Govt.

3 months ago /

The Ekiti State Government has said that the Administration of Governor Ayodele Fayose did not commit the State to any Financial Institution  in form of bonds and Commercial Loans, pointing out that “No Loan can be granted without the approval of the Debt Management Office (DMO) and the Federal Ministry of Finance. The Government asked the  two offices to publish details of any loans taken by the Fayose Administration, including the banks that granted such Loans.

Osinbajo Flags Off New Loan Scheme “Tradermoni”

3 months ago /

Vice President Yemi Osinbajo has flagged off a new Soft Loan Scheme Tagged "Tradermoni Programme" aimed at helping Petty Traders access funds to grow their Bussiness.

Ecobank Gets New Managing Director

3 months ago /

The newly Appointed Managing Director and Regional Executive of Ecobank Nigeria Patrick Akinwuntan says Bank Customers can expect more Customer friendly Innovations that will make their Banking easier

Nigerian Pension Fund Asset Rises To N 8.2tn In Q2, 2018

3 months ago /

The National bureau of statistics (NBS), says pension fund asset in the second quarter stands at eight point two trillion naira as against seven point nine trillion naira recorded in the first quarter.  

Nigeria, Germany To Improve Cooperation In Trade And Investment

3 months ago /

Nigeria and Germany have agreed to improve cooperation in the areas of Agriculture, Trade and Investment as well as risk financing.

Benue Assembly Passes 2018 Supplementary Budget

3 months ago /

The Benue State House of Assembly on Thursday approved a revised expenditure of Two Hundred and Twenty Eight Point Two Billion Naira for the Twenty Eighteen fiscal year.

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