Union Bank, through its UnionCaresinitiative, provided relief for thousands of the underprivileged by donating over 6,000…
Business & Economy
Minimum wage: Technical committee to seek additional sources of revenue
The Technical Committee on the Implementation of a new Minimum Wage inaugurated last Wednesday by President…
Foreign reserves gain $6.42m in three weeks
Data obtained from the Central Bank of Nigeria revealed that the nation’s foreign reserves rose by…
CBN to raise N1.8tn from treasury bills sale
The Central Bank of Nigeria plans to raise a total of N1.809tn from the debt market,…
Oil sector FDI drops by $17.12m in Q3’18
Foreign Direct Investment in Nigeria’s oil sector dropped by $17.12m in the third quarter of 2018,…
Nigeria lost $2.8bn to piracy in 2018
A report released by the United Nations Secretary-General’s office in New York has shown that Nigeria…
World Bank projects 2.2% GDP growth for Nigeria in 2019
Nigeria’s real Gross Domestic Product (GDP) growth will expand by 2.2 per cent in 2019, the…
Forbes retains Dangote as Africa’s richest man
American rating magazine, Forbes has released this year’s list of African richest men. The list was…
Nigeria’s debt hits N22.43tn-DMO
Data obtained from the Debt Management Office have shown that Nigeria’s total debt now stands at…
FG outlay N80bn on railway, maritime projects
Matthew Otoijagha The Federal Government plans to spend N80.2 billion to complete some ongoing railway and…
Insurance experts list major challenges to industry growth
Matthew Otoijagha As the insurance year 2018 came to an end few days ago, industry experts…
AfDB approves $14.12m to support Nigeria’s ATI membership
The African Development Bank Group says it has approved a $14.12m facility to support Nigeria’s membership…
CBN injects $210m into forex market
The Central Bank of Nigeria has continued its intervention in the inter-bank sector of the foreign…
Lagos workers, retirees are happy to retire – Ambode
Matthew Otoijagha Despite the anxiety associated with retirement, officers of the Lagos State Public Service are…
Customs direct importers to harmonize information on import documents
Matthew Otoijagha Comptroller-General of Customs, Hameed Ali, has directed that forthwith, consignees must ensure that the…
Oil price jumps to $58.53 on OPEC cut
Oil prices, yesterday, rose by about three per cent rebounding further from 1-1/2-year lows reached in…
DMO Launches 2019 Savings Bonds Issuance
The Debt Management Office (DMO) has commenced the 2019 savings bonds sales by offering for subscription…