Economy and Business
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Gender inequality in digital access cost US$1 trillion last year, research finds
The latest research showed that low-income countries have lost a massive amount of potential income due to inadequate access to…
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Access Bank to present restructuring scheme to stakeholders
The Chairman of Access Bank Plc has issued a letter on the Nigerian Exchange Limited to announce the restructuring of…
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5G might be too expensive for telco companies, observer says
The Nigerian Communications Commission will launch the auction of the 5G spectrum in the country on December 13. NCC has…
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Nigerians Millennials and Gen Z are potential retail investors, says FMDQ
The Millennials and Generation Z have been under the spotlight for quite some time due to their potentials in the…
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Crypto possesses threats against conventional currencies, IMF report says
The International Monetary Fund recently published a report on Thursday titled “Global Crypto regulation Should Be Comprehensive, Consistent, and Coordinated,”…
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The NFIU is cracking down on money laundering and terrorist financing
Money laundering and terrorist financing in Nigeria are being tackled by the National Financial Intelligence Unit (NFIU). Lack of common…
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Nigeria should pay attention beyond oil sector, ENEX says
It is possible for Nigeria to earn N1b in revenue yearly in the Small and Micro Enterprises (SMEs) sector, according…
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AMCON to release debtors list on national newspapers in January 2022
Asset Management Corporation of Nigeria (AMCON) is ready to publish in national newspapers a complete list of all individuals and…
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2022 budget: Borno State to distribute N267 billion fairly, speaker says
Rt. Hon Abdulkarim Lawan, Speaker of the Borno State House of Assembly ensures that the N267 billion 2022 budget proposed…
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Abia governor reaffirms commitment to support businesses in state
Governor of Abia, Okezie Ikpeazu, has reassured business leaders that the government would continue to assist them and has reaffirmed…
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Currency rate strategy discourages investment, hikes up inflation, World Bank says
According to the World Bank, the Nigerian government’s currency rate management policies discourage investment and exacerbate inflation in the country.…
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2022 budget does not include transport subsidy, Sen Adeola says
The Senate Committee on Finance Chairman revealed on Thursday that the Nigerian budget for 2022 does not include a N2.4…
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Nigeria to focus on economic diversification, Osinbajo says
Nigeria is on the road to economic diversification as the country maintains its emphasis on non-oil exports, particularly with the…
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Qatar, Nigeria discuss collaboration on gas sector
The Federal Government and the State of Qatar are discussing a collaboration that would expand gas production in both nations.…
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World Bank: FG should raise taxes on cigarette, alcohol, soft drinks
On Tuesday, the World Bank released a report of what Nigeria could do in 2022 to help the country’s economy…
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Lagos receives 80% of Nigeria investment, Sanwo-Olu says
Babajide Sanwo-Olu, the governor of Lagos State, said his state receives around 80 per cent of all investment in Nigeria.…
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Fossil fuel subsidies cost $423b annually, UNDP chief says
Every year, countries worldwide spend $423 billion (N173.79 trillion) of government funds to support the use of fossil fuels. This…
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Nigerian Breweries loses N12bn as Stock Market declines
Nigerian Breweries Plc lost N12 billion at the close of this week’s stock market trading. POLITICS NIGERIA reports that a…
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NDP, NA to create 21 million jobs, federal government says
The National Development Plan or NDP 2021–2025 and Nigeria Agenda 2050 or NA 2050 are expected to create 21 million…
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CBN registers almost 500,000 eNaira wallets, 78,000 merchants worldwide
The Central Bank of Nigeria has signed up over 488,000 consumer wallets and about 78,000 merchant wallets, with downloads coming…
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