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Lagos, Kaduna, Top States with Highest External Debt Service Costs
Nigerian states have collectively spent a staggering N139.92 billion on servicing external debt in the first half of 2024, a 122% increase from the...
Banking & Finance
Economy
FEC approves N27.5tn 2024 appropriation bill
The Federal Executive Council, on Monday, approved the 2024 appropriation bill of N27.5 trillion to be presented by President Bola Ahmed Tinubu.
The Council is...
Technology
PHD Media Set to Launch Cutting-Edge Proprietary Media Tool, Ocular, 7th...
PHD Media, a part of Omnicom Media Group, a global leader in marketing Communications, has set the stage for the unveiling of its ground-breaking...
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Cash Scarcity, Banks’ Network Issues in Lagos As Xmas Approaches
By Niyi Jacobs
As Nigerians approach the end of 2023, financial institutions in the country are currently facing a tough time as they have been...
Tragedy Strikes Ehime Mbano: Village Ravaged by Unknown Gunmen, Residents Live in Fear
In a devastating turn of events, the tranquil village of Ehime Mbano in Imo State was plunged into chaos as it fell victim to...
Customs Refutes ₦76M Allegation, Clarifies Duty-Free Provisions for US Returnee
The Nigeria Customs Service (NCS), Tincan Island Port Command, has debunked claims by a 70-year-old US returnee, Mr. Olukayode David-Albert, alleging that he was...
Worst is over – Fubara assures as Appeal Court reinstates 27 Rivers lawmaker
Governor Sim Fubara of Rivers State declared on Friday that the worst is over because his administration remains undeterred in fulfilling good governance.
Fubara was...
News
Rising Fear in Ogun: Christian Communities Under Attack as Extremist Violence Spreads Across Nigeria
Ijebu-Ife, Ogun State — The fragile calm in parts of Ogun State has been shattered by a wave of attacks reportedly carried out by...
Nigeria Unveils Policyholders’ Protection Fund Guidelines to Shield Insurance Customers from Industry Failures
By Niyi Jacobs
In a decisive move to strengthen confidence in Nigeria’s insurance sector, the National Insurance Commission (NAICOM) has issued new guidelines governing the...
Saudat Salami Launches Book, Hosts Africa Ecommerce Summit in Lagos
By Abiodun JIMOH
Lagos today witnessed a defining double milestone for Africa’s digital economy as Saudat Salami, Nigeria’s trailblazing ecommerce pioneer, unveiled her debut...
More Countries may Adopt Bitcoin as Legal Tender in 2022
There are indications that Bitcoin will be adopted as legal tender in three more countries in 2022.
The prediction is coming from Nigel Green of...
President Approves 100% Exit Benefit for Retiring Federal Civil Servants
President Bola Ahmed Tinubu has approved the implementation of a new Exit Benefit Scheme for retiring Federal Civil Servants, granting gratuity equal to 100%...
Investments
PenCom to Help One Million Self-Employed Women Secure Retirement Through Special...
by NIyi Jacobs
The National Pension Commission (PenCom) has announced plans to support one million self-employed women in Nigeria to prepare for retirement by...
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