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

FG To Amend The 2020 Budget Oil Benchmark To $20 Per Barrel

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Plans are ongoing by the Federal Government to review the 2020 budget to reflect an oil benchmark of $20 per barrel. A report by Reuters...

Nigerians Will Pay Higher Electricity Tariffs – FG Assures IMF

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Nigerians will pay much higher electricity tariff in 2021, going by promises made by the Federal Government, FG to the International Monetary Fund, IMF...

BREAKING: Banks Reach Agreement To Halt Staff Sack

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The bankers' committee of the Central Bank of Nigeria (CBN), has agreed that plans to lay off staff would be suspended. This was announced in...

FG To Cut Agencies To Reduce Governance Cost – Finance Minister

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The President, Muhammadu Buhari, has approved the implementation of the Steve Oransaye Committee report on the rationalisation of government agencies. The Minister of Finance, Budget...

Banks In Abuja, Lagos, Others To Open From Monday

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Federal Government on Wednesday said banks in Abuja, Lagos, and Ogun will begin operations from Monday 4th of May, 2020. Disclosing this, the National Coordinator...

COVID-19: British Airline To Axe 12,000 Jobs

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British Airways is set to make up to 12,000 workers redundant on the back of Covid-19 restrictions. The airline's owner International Airlines Group (IAG) announced...

BREAKING: Nigeria Joins OPEC To Cut Crude Oil Production

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The Federal Government on Friday said crude oil price would rebound by at least $15 per barrel in the short term following the latest...

[BREAKING] COVID-19: FG Reduces 2020 Budget

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The Federal Government has sent a new budget proposal to the National Assembly for consideration in view of global economic realities as a result...

Coronavirus: Chinese Billionaire Jack Ma’s Medical Supplies Arrive Nigeria (PHOTOS)

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A consignment of medical supplies donated by Chinese billionaire and Alibaba co-founder Jack Ma, has arrived in Nigeria. The Chinese billionaire had used his foundation...

BREAKING: FG Cuts Petrol Price To N130

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President Muhammadu Buhari may have approved the reduction of pump price of the Premium Motor Spirit (PMS) also known as petrol from N145 to...

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