Business and Economy

Fidelity Bank Plc has disbursed over N100 billion loans to Small and Medium Enterprises (SMEs) in the real sector in the first half of the year. The bank has also …

No fewer than 76,588 informal sector workers have registered under the Contributory Pension Scheme as of March 2022, according to figures obtained from the National Pension Commission on ‘Micro Pension …

Fuel is now being sold between N200/litre to N250/litre with queues emerging in different states, according to a report by Punch on Sunday. This is higher than the government-approved retail …

Ginger production in Nigeria has been on the rise as the Global Ginger Market Report 2021-2027 exceeded $6.82billion in 2020. It is expected that the market will reach $8.46 billion …

Nigeria has recorded a $10.75bn foreign exchange inflow in two months. The Central Bank of Nigeria (CBN) revealed this in its monthly economic report on ‘Foreign exchange flows through the economy’. …

The Federal Government of Nigeria, on Thursday, secured the biggest share  of the $65bn (N27tn) funding from the World Bank’s International Development Association to African countries. This was as the …

Federal Inland Revenue Service (FIRS) and State Inland Revenue Services have resolved to build a databank to improve tax investigation in Nigeria. The databank will contain information about all taxpayers …

A total of 16 companies have pre-qualified for the privatisation of five National Integrated Power Projects across the country, the Federal Government of Nigeria announced on Thursday. It announced this …

The Academic Staff Union of Universities (ASUU) has revealed that it is yet to get any feedback after its discussion with the Professor Nimi Briggs-led Federal Government renegotiation committee on …

Nigerian stocks crumbled to their lowest level since May 4 on Monday, with the benchmark index dropping almost 2 per cent or N550.6 billion as investors dumped huge volumes of …