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Senate President Ahmed Lawan yesterday said that the passed Deep Offshore and Inland Basin Production Sharing Contract (Amendment) Bill 2019 would make Nigeria $1.5 billion richer by 2020. He assured foreign oil firms and others operating in the country...
The Nigeria Federal Government has disclosed that the United States of America, USA, and other key foreign allies hold the ace to deepening technology ecosystem in Nigeria, in order to create a long-lasting technological innovation and economic growth. Disclosing this...
Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value. According to Victor Etuokwu, executive director, retail banking, Access Bank Plc...
Lagos State Governor, Babajide Sanwo-Olu has sought the endorsement of the House of Assembly for a loan of N250 billion. The governor’s letter was read on the floor of the House during plenary on Tuesday by the Clerk of the...
The Republic of Niger has banned the exportation of rice to Nigeria in any form, the comptroller-general of Nigeria Customs Service Hameed Ali said on Monday. Ali while speaking to journalists in Abuja said the Niger Republic took the decision...
Barcelona defender Gerard Pique failed with an audacious bid to buy National League side Notts County over the summer, according to the Athletic. While the move was eventually scuppered by the club's financial problems, it is thought Pique wanted to...
Growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace of domestic reforms, according to the 20th edition of Africa’s Pulse, the World Bank’s twice-yearly economic update for the...
The rapid growth of Chinese tourism took a bit of a breather during the latest week-long National Day holiday, government data indicate. The seven-day vacation from Oct. 1 to Oct. 7 is dubbed “Golden Week” and is one of the...
The International Monetary Fund (IMF), has warned that while low rates are desirable for growth, prolonged periods of low rates, as seen in many advanced countries have negative side effects and unintended consequences. Warning that a major downturn could trigger...
The Federal Government may cancel the licences of eight power distribution companies as the Discos breached some provisions of the Electric Power Sector Reform Act in July 2019. According to the Nigerian Electricity Regulatory Commission, the eight power firms include...

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