IMF pegs capital outflows from Nigeria, other emerging markets at $50b
The International Monetary Fund (IMF) estimated the volume of capital that has left emerging markets, including Nigeria, following the ongoing interest rate cycle at $50
Author : Our Reporter
Airlines record 103.6% rise in passengers demand – IATA
The International Air Transport Association’s passenger data for June 2022 shows that the recovery in air travel remains strong with a 103.6 per cent rise.
State of the Nation: Nigeria in deeper hole than in 2015 — Sanusi
His Highness, Muhammad Sanusi II, yesterday, expressed his angst at the current situation Nigeria has found herself, insisting that the country is in a deeper
FG to generate N160bn from call, data taxes
The Federal Government will generate about N160.46bn from excise duty on telecommunication services in 2023. According to the Nigerian Communications Commission, the combined revenue of
TCN restores power supply to affected FCT areas
The Transmission Company of Nigeria (TCN) on Friday says it has restored power supply to all areas affected by the 33 Kilo Volt feeders shattered
W’Bank commits $8.5bn to Nigeria, faults N6.7tn subsidy
The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing this on Thursday in Abuja during
SEC threatens unregistered crowdfunding platforms with N1m fine
The Securities and Exchange Commission, SEC, has said operators of unregistered crowdfunding platforms would be fined N1 million and N10,000 for every day the violation
Huge finances, security, traffic levels impacts on night operations- NCAA
The Director General of the Nigerian Civil Aviation Authority (NCAA), Captain Musa Nuhu, has said that any airport, which decides to expand its operations beyond
Lagos community protests against 4 years of darkness, deplorable roads
The residents of Igbede community in the Ojo local government area of Lagos State have staged a protest in the area in condemnation of many
US energy report crashes oil prices below $90
Barely 24 hours after the decision of the Organisation of Petroleum Exporting Countries, OPEC, and its allies, to stabilize crude oil prices, report of the
