Almost a year after The Guardian report on foreign airlines departing Nigerian shores empty, the situation has changed, but for the worse. Today, more airlines are departing without exportable goods, much to the pains of […]
Mr Qris Chinedu Ebeatu is the CEO and Co-founder of NextXter, a mobile app for uploading songs on digital music platforms worldwide. In this interview, Mr Ebeatu who dropped out of Lagos State University, LASU, […]
Kippa, the financial management and payments platform for Nigerian small businesses, has announced that it has raised $8.4 million in a new financing round. The start-up provides digital business and financial management solutions to small […]
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)— widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to […]
The Central Bank of Nigeria (CBN) has reiterated its commitment to assist all the agricultural value chains, through its scheme, to accelerate the development of the sector and the country’s economy. A Deputy Director of […]
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 14 per cent from 13 per cent. The CBN governor, Godwin Emefiele, made this known […]
The naira has depreciated to N615 a dollar at the parallel market ahead of a two-day holiday for Eid-el-Kabir. The figure represents N1 or 0.2 percent depreciation compared to the N614 it traded last week. […]
The Federal Government, through the Federal Executive Council, has approved an Enterprise Licensing Agreement for Microsoft Products and the migration of C-band services. While the Microsoft Enterprise deal is expected to save the cost of […]
The Federal Government on Friday said it had commenced the Request for Proposals stage for the concession of Nigeria’s four major international airports in Lagos, Abuja, Port Harcourt and Kano. It said the move was […]
Miami-Dade County Mission, US, has expressed optimism that direct flights from Nigeria to Miami will commence in the nearest future. The county also urged for stronger ties with Nigeria through aviation and other sectors to […]
Worsening foreign exchange (forex) scarcity in the country, coupled with an unfavourable operating environment, weakened purchasing power and low demand for locally-assembled vehicles, have inflicted a toll on the automobile sub-sector, as Nigeria has expended […]
The Central Bank of Nigeria (CBN) has announced plans to introduce an unstructured supplementary service data (USSD) code to improve the adoption of its eNaira. Kingsley Obiora, CBN deputy governor, said this at the International […]
Sam Egube is the Lagos State Commissioner for Budget and Economic Planning. In this interview with DENNIS EREZI, he discusses the state government’s plans to deliver on promises to Lagosians, private sector partnership, and funding […]
The World Bank has ranked Lagos ports as 358th out of 370 ports assessed globally, according to the latest Container Port Performance Index 2021 report. The assessment was on ports with a minimum of 20 […]
An indigenous firm, Temile Development Co, has signed a contract with Hyundai Mipo Dockyard (HMD) and the Nigerian Shipping Management Limited (NSML) for the construction and supervision of its second 23,000 cubic meters LPG/NH3/VCM carrier […]
Wema Bank Plc has unveiled a kids’ innovation challenge aimed at encouraging children to ideate and develop solutions in learning, health, games, and agriculture. The competition would reward the top three finalists who present the […]
The Nigeria Network of Non-Governmental Organisations has lauded the non-inclusion of non-profits as designated non-financial institutions in the money laundering and terrorism prevention laws. The PUNCH reported last week that the President, Major General Muhammadu […]
The Airline Operators of Nigeria (AON) has suspended its plan to shut down flight operations across the country. The AON had, on Friday, announced its decision to stop operations from Monday over the hike in […]
The Nigerian Communications Commission (NCC) says it will not allow any tariff increase by the telecommunication companies without adequate approval. NCC said this in a statement issued by Ikechukwu Adinde, its public affairs lead, on […]
Global food commodity prices fell slightly in April after reaching their highest level in the previous month, the Food and Agriculture Organisation of the United Nations (FAO) has said. The fall was led by a […]
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