The United States President, Joe Biden has terminated a Donald Trump-era migration policy that restricted Nigerians and some other Muslim countries from…
Economy
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BusinessEconomyFinanceNews
AfreximBank to facilitate payment for COVID-19 vaccine for 55 African Union Member States
Afreximbank has said that it will facilitate payments for COVID-19 vaccine by providing advance procurement commitment guarantees of up to $2 billion…
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The Federal Inland Revenue Service (FIRS) said it collected N4,952,243,711,728.37 as tax revenue in the 2020 fiscal yea a little below its…
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Federal Government has said that it has established “a technical group to assess Oil Tank Farm Safety and Management” in Nigeria with…
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EconomyFinanceNews
AfCFTA: We are well-positioned to make payments smooth for our customers – Ecobank Group CEO
The Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the pan-African banking group is facilitating smooth and…
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About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’…
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Vice President of ECOWAS Commission, Mrs Finda Koroma has said that an additional 19 million Euros is expected into the ECOWAS Stabilisation Fund.…
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Crude oil prices dropped lower rising Coronavirus cases and tighter restrictions in Europe and China fuelled worries over a slower recovery in…
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BusinessEconomyFinance
Nigeria, other African countries could earn $2bn annually from Earth Observation date—WEF
World Economic Forum has said that Earth Observation [EO] data provides a billion-dollar opportunity for Nigeria and other African economies, such that…
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Nigeria’s total public debt stock as of September 2020, increased by over N6 trillion in just one year. This is according to…
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The World Bank Group has said that it plans to invest over $5 billion over the next five years to help restore…
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World Bank has said that the number of people living in poverty has risen to 124 million due to COVID-19. According to…
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BusinessEconomyNews
Comptroller Correctional Services begs Nigeria to buy made in prison shoes, garment
Controller General of the Nigeria Correctional Service NCoS, CGC Ja’afaru Ahmed has pleaded with Nigerians to support government drive on local content…
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BusinessEconomyNews
Corporate Boards are starting point for implementing stakeholders capitalism—WEF
World Economic Forum has said that an increasing number of companies are recognising the need for pragmatic approaches to implement the principles…
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BusinessEconomyNews
1.4 m Nigerian micro, small enterprises embrace digital payment tools—Mastercard
Mastercard has said that 1.4 million Nigerian small business owners have move their businesses online and accepted a range of digital payment…