BUSINESS
Nigeria Is Not Broke – Finance Minister
Mrs. Zainab Ahmed, the Minister of Finance, Budget, and National Planning has stated that Nigeria is not broke. She noted that the country continues to...
Bitcoin Sets New Record Above $71,000
Bitcoin hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picks up amid optimism that the Federal Reserve will cut...
No Plans To Scrap NNPC In PIB – FG
THE Federal Government Monday said that there are no plans to Scrap the Nigerian National Petroleum Corporation, NNPC in the Petroleum Industry Bill 2020...
Naira Plunges To 475 As Dollar Demand Rises
The naira weakened further on Monday, trading at 475 to the United States dollar in the parallel market amid a rise in demand for...
Nigeria Makes World Bank List Of 10 Countries With High Debt Risk
The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure. It stated this in the...
Our Economic Environment Does Not Support Further Borrowing, Finance Minister Tells Senate
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that the country cannot rely on borrowing to fund the...
FG Promises Free Land To Indian Investors Ready To Come To Nigeria
The Federal Government has promised to offer land to Indian investors who are ready to invest in the country’s creative industry. The Minister of...
CBN Increases Customs Duty Rate To N1,605.82 Per Dollar Once More
Less than five days after it marginally reduced the Customs Exchange rate from N1515.48 to N1472.756 last week, the Central Bank of Nigeria (CBN)...
Minister Seeks Soft Repayment Of Mortgage Loans
The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged mortgage banks to adopt rent-to-own mortgage options and flexible monthly mortgage loan repayments...
Turkey Suspends Trade Activities With Israel
Turkey said Thursday it was suspending all trade with Israel until it allows aid to enter Gaza unhindered during its offensive against Hamas militants...
