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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

Those Running Nigeria’s Economy Are Not Professionals – NES

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NIGERIA Economic Society, NES, Tuesday took a swipe at President Muhammadu Buhari on his appointment, saying that those in his economic team are not...

FEC Approves ₦13.08 Trillion 2021 Budget

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The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N13.09 trillion budget estimate for 2021 fiscal year. Briefing State House...

How Buhari Intends To Spend $22.7m Foreign Loan

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Here is how the Buhari administration plans to spend the loan and where the projects are located as contained in the document: INFRASTRUCTURE – Emergency road...

US Oppose Okonjo-Iweala’s Election As WTO DG, Give Reasons

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The United States has explained why it is against the election of Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation (WTO). In...

Nigeria’s N40trn Revenue Target Under Threat From Tax Leakages —NRS

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Nigeria’s N40trn Revenue Target Under Threat From Tax Leakages —NRS

ABUJA—The Nigeria Revenue Service, NRS, has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten...

Panic Grips Crypto Traders As SEC Bans Binance Operation In Nigeria; Declare It An Illegal Entity

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The Securities and Exchange Commission (SEC) of Nigeria has declared the activities of Binance in Nigeria illegal. According to a statement published on its website,...

Emirati Minister Insists It’ll Be Unreasonable To Retain Air Peace Slots At Sharjah Airport After Nigeria-UAE Row

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Amid the ongoing diplomatic fireworks between Nigeria and the United Arab Emirates, the Emirati Minister of Economy, Abdulla Bin Touq Al Marri, has said...

Buhari Against Fuel Subsidy Removal – Sylva

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  The Minister of State for Petroleum, Timipre Sylva, says President Muhammadu Buhari is not in support of the removal of subsidy on the Premium...

Minister Summons Stakeholders Over Nationwide Epileptic Power Supply, Vows To Improve Situation

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The Minister of Power Engr. Abubakar D. Aliyu is holding an emergency meeting with all the stakeholders in the power sector to address the...

Shettima Urges African Leaders To Ramp up 3% of continent’s global GDP

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Shettima Urges African Leaders To Ramp up 3% of continent’s global GDP

Vice President Kashim Shettima, has implored African leaders to work towards ramping up the total $3.1 trillion Gross Domestic Product (GDP) of countries on...

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