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

Finance Bill: “Implementation date will be announced soon” – FG

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The Ministry of Finance on Tuesday said that the take-off date for the implementation of the newly signed Finance Law would be announced in...

Nigerians Should Accept Increase In Fuel Price – Minister

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The Federal Government has insisted that Nigerians should brace up for an increment in the pump price of petrol, in the light of the...

Amazon To Eliminate Over 18,000 Jobs

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Amazon To Eliminate Over 18,000 Jobs

Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing “the uncertain economy” and the fact the online retail giant...

Supreme Court Bans Withdrawal Limit Policy

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Supreme Court Cancels Rivers Local Government Elections

On 3 March 2023, the Supreme Court sitting in Abuja ruled in favour of a suit brought before it by Governors. The apex court...

You Can’t Receive Our Revenues Again, Soludo Tells Parks, Market Executive

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Governor of Anambra State, Chukwuma Charles Soludo has banned all markets and parks executives from collecting revenue in the state for the government. In a statement issued by the Press Secretary to the governor, Christian Aburime on Thursday, Solud...

ECOWAS Nations Set To Launch Single Currency ECO

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ECOWAS Nations Set To Launch Single Currency ECO

Finance Ministers and Central Bank Governors from the 15 Economic Community of West African States (ECOWAS) have advanced plans to launch the single currency...

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...

South African President Ramaphosa Appoints Okonjo-Iweala Head Economic Advisory Council

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South Africa's President Cyril Ramaphosa has reportedly appointed Dr. Ngozi Okonjo-Iweala as the Head of the country’s Economic Advisory Council. ABN TV reports that South...

FG not planning to borrow N2trn pension fund for infrastructure – Finance Minister

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Dr Zainab Ahmed, Minister of Finance, Budget and National Planning, on Friday, dispelled the report that the Federal Government was planning to borrow N2trillion...

Nigeria At Risk Of Debt Distress — Report

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Nigeria is at a very high risk of debt distress, a report released by an Abuja-based policy think tank, Agora Policy, has said. The report...

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