The promise to diversify Nigeria’s revenue source and reduce the nation’s dependence on dollar income from oil exports has been sustained by all administrations. Curiously, however, as with previous administrations, there seems to be a […]
BACK in the 1990s, British Airways, the nation’s flag-carrier, proclaimed itself to be “the world’s favourite airline” in a long-running and hugely successful advertising campaign. Watching its iconic TV commercials from sofas across the country, […]
Aero Contractors, one of Nigeria’s largest domestic airlines, is set to lay off some of its workers as its financial crisis becomes worsened. Already, the airline is in talks with aviation unions on how to […]
Deposit Money Banks have put up for sale over 1,000 properties belonging to several customers, who were unable to service their loans, investigations by Sunday PUNCH have shown. This came about eight months after the […]
Former President Olusegun Obasanjo says agriculture is capable of eradicating poverty. Speaking when he visited the Adamawa state government house in Yola, the former president said the sector could bring industrialisation to the state. He […]
Speaking at a stakeholders’ meeting organised by the Lagos Chambers of Commerce and Industry, LCCI, on CST bill which seeks to levy nine per cent on subscribers for the use of the various communication services, […]
The present administration led by President Muhammadu Buhari came with a promise of change which is the slogan of the ruling party, the All Progressives Congress. Over one year after coming on board, there have […]
LAGOS—Naira, yesterday, suffered its most steep depreciation in the inter-bank market since the new foreign exchange market commenced, trading at N365.25 per dollar against N314.14, almost 14 per cent drop in one day.
ABUJA – A former Prelate of Methodist Church of Nigeria, Dr. Sunday Ola Makinde, Monday, said that the All Progressive Congress (APC) administration led by President Muhammadu Buhari is not fit to rule the country. […]
LAGOS—Money market activities closed, weekend, with a record N1.2 trillion over subscription to the Nigerian Treasury Bills, NTB, indicating that financial institutions are cashing-in heavily on the recent jerk-up of the Monetary Policy Rates, MPR, […]
Chief Executive Officer, Atlas GT Tours Limited, 29-year-old Emmanuel Nweke, spoke with COMFORT OSEGHALE on the pains of running a business in Nigeria How did you develop an interest in travel and tours? While undergoing […]
Lagos –– United States Senator Edward J. Markey (D-Mass.), the ranking Democratic Party member on the Africa and Global Health Policy Subcommittee of the Senate Foreign Relations Committee, is leading a congressional delegation to Lagos […]
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Saturday said the apex bank took the best monetary policy option in addressing the current economic challenges facing the country. He also said […]
South Africa’s economy has leapfrogged Nigeria’s as Africa’s largest in dollar terms, reclaiming the top spot it lost two years ago. Both economies face recession after contracting this year. But while the South African rand […]
The Kaduna State governor, Nasir el-Rufai, on Wednesday decried the Central Bank’s prevailing fiscal regime, saying the bank’s 14 per cent monetary policy rate has led to massive job losses in the country. Mr. El-Rufai […]
Though attempts have been made to assure Nigerians that there are no plans to increase the pump price of Premium Motor Spirit, popularly referred to as petrol, The PUNCH has gathered that the actual price […]
It may well be said that adversity, and not necessity, is the mother of invention or innovativeness as the case may be. This is the story of Nigeria’s tax regime in which non-oil revenue has […]
Hyundai’s first electric vehicle, the Ioniq, will hit showrooms soon. The car can travel 206 km in the city on a single charge and up to 173 km on highways. Hyundai delivered the first Ionic […]
The naira plunged to 400 against the dollar at the parallel market on Thursday as shortage of foreign exchange continued to have negative effects on economic activities in the country. The local currency had closed […]
BATTLING to stave off a looming economic recession, the Federal Government’s Economic Management Team (EMT) on Tuesday held a consultative forum with economic and financial experts. The meeting, chaired by Vice President Yemi Osinbajo, afforded […]
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