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

AIICO, others get PenCom approval for govt contracts

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The National Pension Commission (PenCom) has granted a certificate of compliance to AIICO Insurance Plc and other 190 firms to seek Federal Government contracts this...

Tinubu Orders CBN To Stop Payment To MDA’s Till Further Notice

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78th UNGA: President Tinubu Advocates Universal Sanctions For Smugglers Of Illegal Arms, Minerals

As part of the ongoing efforts at taking firm control of his Administration, President Bola Ahmed Tinubu has reportedly directed the Central Bank of...

How Insecurity, Inflation, Lack Of Access To Funds Killed 2m Businesses In 5 Years — SMEDAN

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Why Buhari Didn’t Remove Fuel Subsidy – Garba Shehu

The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Olawale Fasanya has said that over two million businesses in Nano, Micro,...

Banks Reconfigure ATMs As New Naira Notes Circulation Commences Today

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Banks Reconfigure ATMs As New Naira Notes Circulation Commences Today

The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter...

Nigerians’ll Soon Enjoy Improved Power Supply — FG

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The Minister of Power has promised that the Ministry of Power will improve the electricity supply to Nigerians. Mamman speaking with newsmen during the Eld-el-Kabir...

Aero Contractors Suspends Scheduled Operations Indefinitely

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Aero Contractors Suspends Scheduled Operations Indefinitely

Aero Contractors, Nigeria’s oldest airline, says it will suspend passenger flights from Wednesday, July 20. The airline, in a statement on Monday, said the suspension is temporary but did not indicate when it will resume operations. In May, Aero h...

Naira Appreciates To N1,518/$ In Parallel Market

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Naira Appreciates To N1,518/$ In Parallel Market

The Naira yesterday appreciated N1,518 per dollar in the parallel market from N1,520 per dollar on Monday. However, Naira depreciated to N1,493.2 per dollar in...

Learn To Manage, Switch Off Light To Reduce Electricity Bills, Tinubu Advises Nigerians 

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ADC Slams Tinubu Administration Over Nigeria’s Absence At US-Africa Trade Talks

President Bola Tinubu has advised Nigerians to step up their management skill in reducing electricity bills. “It’s not negative to learn to manage. You learn...

FG, States, LGs Share ₦547bn As Federation Allocation For May

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The Federation Accounts Allocation Committee on Wednesday at its virtual meeting shared to the three tiers of government a total sum of N 547....

Sir Udensi Urges Patronage, Support To Made-In-Aba Products

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Interpol Systems Consultant, Sir Chikwe Udensi has advised Nigerians to be contented with made in Nigeria products. Udensi gave the advice on Saturday while addressing...

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