Category: Business

Jul 06
Nigeria has recorded over 4000 oil spills in 6 years – Minister

Dr Mohammad Abubakar, Nigeria’s Minister of Environment stated that Nigeria recorded…

Jul 05
Investors retain interest in Bitcoin amidst JP Morgan’s doomsday prediction

A few days after a meltdown projection by global investment bank, JPMorgan Chase,…

Jul 05
Nigerian govt approves 2022-2024 MTEF

The National Economic Council (NEC) on Friday approved the 2022-2024 Medium Term…

Jul 05
Why Naira was devalued for third time in a year —Finance minister

The Federal Government has explained why the Nigerian currency was devalued again, the…

Jul 05
NCC records 400% revenue increase, generates N150 billion spectrum fees in 5 months

The Nigerian Communications Commission (NCC) has said that it generated a revenue of…

Jul 02
Nigeria’s foreign reserves drop by $2.3bn in first half 2021

Nigeria’s foreign reserves fell by $2.3 billion in the first six months of 2021,…

Jul 02
Bitcoin active addresses drop to lowest since March 2020

The hype around bitcoin is dropping, and this is affecting demands and price of the…

Jul 02
76% of employed Nigerians work for MSMEs —Nigerian govt

Mariam Yalwaji Katagum, Minister of State for Industry, Trade, and Investment has…

Jul 02
Nigerian govt plans N13.98tr budget for 2022

The Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Thursday…

Jul 02
How fossil fuel-backed Bitcoin is putting Nigeria on the carbon map

Data from the United Nations Framework Convention on Climate Change reveals that…

Jul 02
Zamfara mining ban to be lifted if security improves – FG

The Federal Government has disclosed that the mining ban in Zamfara would only be…

Jun 30
CBN intervenes as Naira opens week flat across markets

The exchange rate of the naira to the U.S dollars closed flat at the official and…

Jun 30
How Nigeria lost $2.8bn oil revenue —Report

The Nigerian Extractive Industry Transparency Initiative (NEITI) has revealed how…

Jun 30
Nigeria spent N1.02 trillion servicing debt in three months

Domestic and foreign debt service gulped over N1.02 trillion from the coffers of the…

Jun 30
Aliko Dangote to invest in Cameroon’s oil market amid revenue decline

Cameroon is the next stop for Nigerian billionaire, Aliko Dangote, as he furthers plan…