The Consumer Price Index (CPI) which measures inflation increased by 16.05 percent (year-on-year) in July 2017, even as food price pressure continued into the month under review as all major food sub-indexes increased. The latet […]
The Chief of Staff to Governor Rauf Aregbesola of the State of Osun, Alhaji Gboyega Oyetola over the weekend said that when completed, Moshood Kashimawo Olawale (MKO) International Airport, located in Ido-Osun would boost social […]
By Emma Ujah, Abuja Bureau Chief The electric vehicle revolution is a reality. Several countries including the UK, Germany, France and India have announced that combustible engine cars would be phased out between 2030 and […]
Less than six days to Eid-el-Kabir celebration, ram dealers in Maiduguri are lamenting low patronage by customers. Eid-el-Kabir celebration is marked on the 10th day of the 12th month of Islamic calendar known as Zul-Hajj […]
Verve International says it has partnered with 13 banks and mobile money operators to deploy cardless transaction infrastructure across all states in the country. With Paycode, Verve says customers can withdraw money at ATMs and […]
The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that the federal government would soon open bids to concession 30 marginal oil fields in the country. The corporation stated this in a statement from its Group […]
In an effort to ensure even distribution across all the sale centres, the Lagos State Government yesterday said at least 70 trailer loads of the Lake Rice had arrived the state ahead of the commencement […]
Chiedu Osakwe, director-general of the Nigeria office for trade negotiations, says the agency will embark on a review of all trade and investment agreements entered into with countries and entities since 1960. In an interview with […]
A Lagos-based fitness expert, Sir Goodluck Etom Obi, has urged the federal government to reduce import duties on fitness equipment to make them accessible to the average Nigerian whose health is endangered due to lack […]
President Muhammadu Buhari and some of his aides are controlling Acting President Osinbajo, according to Reuters. In a report titled: ‘Nigeria stand-in careful not to upset the boat as Buhari steers from London’, the news […]
The naira on Thursday continued to fall against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency lost one point to exchange at N368, weaker than N367 posted […]
Shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu, reportedly Nigeria’s first black billionaire, and founding President of the Nigerian Stock Exchange, was knighted by Queen Elizabeth II. The royal honor came after he helped […]
The attempt by protesters at the popular Wuse Market in Abuja to urge President Muhammadu Buhari to return to Nigeria or resign on Tuesday resulted in the breakout of an inter-tribal clash. Early Tuesday, members […]
Gaate is about an hour drive away from the Abuja municipality. But this rural settlement along the Keffi-Akwanga road in Kokona Local Government Area of Nasarawa State could as well have been in another country. […]
A fortnight ago, Multichioce Nigeria, operators of the popular DSTV, announced to its subscribers that from May 1, it will implement a new tariff regime for its premium bouquet. In this piece, YETUNDE ADETOKUNBO IYAPO […]
The federal government on Monday gave clarifications on businesses that would qualify to enjoy pioneer status under the additional 27 new industries and products approved last week by the Executive Council of the Federation, FEC. […]
Acting President Yemi Osinbajo has advised investors willing to take advantage of the opportunities in the Nigerian economy to do so now or risk blaming themselves in 10 years time. Speaking at the presidential villa […]
The money-making scheme, Mavrodi Mundial Moneybox (MMM), that collapsed months ago, has launched a weekly promotional stunt, obviously aimed at wooing old and unsuspecting new ‘investors’. A letter displayed on the pages of participants of […]
Kemi Adeosun, minister of finance, says the federal government has signed a policy to tax first class and business class air tickets alongside other luxury goods. Fielding questions from Nigerians on Thursday morning, via Facebook, […]
The Federal Executive Council on Wednesday approved 27 new industries and products to enter into the pioneer status to give tax holidays to them for three years, to enable them grow and expand investments. The […]
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