Business
World Bank says the Nigerian economy is expected to grow by 2.5% in 2022
January 11, 2022
World Bank says the Nigerian economy is expected to grow by 2.5% in 2022
The Nigerian economy is expected to grow by 2.5 percent in 2022, up from 2.4 percent in 2021, according to…
World Bank predicts sluggish global growth until 2023, citing new COVID-19 variants as evidence.
January 11, 2022
World Bank predicts sluggish global growth until 2023, citing new COVID-19 variants as evidence.
Despite a strong rebound in 2021, the World Bank says the global economy is entering a “pronounced slowdown” due to…
Oil defies forecasted surpluses in 2022, continue bullish run despite fading virus fears
January 10, 2022
Oil defies forecasted surpluses in 2022, continue bullish run despite fading virus fears
Despite the fact that it is still early in the year, oil prices have started 2022 on a positive note,…
Inbound Passengers traveling to Lagos face difficulties due to payment issues for PCR tests
January 7, 2022
Inbound Passengers traveling to Lagos face difficulties due to payment issues for PCR tests
According to an investigation, many inbound passengers scheduled to arrive in Nigeria through the Murtala Muhammed International Airport (MMIA) in…
Investors to pay 10% tax on sale of their shares – Finance Act
January 7, 2022
Investors to pay 10% tax on sale of their shares – Finance Act
According to the provisions of the signed Finance Act 2021, investors on the Nigerian Stock Exchange will pay a 10%…
Nigeria attracted $1.73 billion in capital inflows in Q3 2021, up 98% from previous quarter
January 7, 2022
Nigeria attracted $1.73 billion in capital inflows in Q3 2021, up 98% from previous quarter
Nigeria’s capital imports increased by 98 percent to $1.73 billion in the third quarter of 2021, compared to $875.6 million…
Nigeria lose more than $1 billion as result of under-production as OPEC raises oil quotas
January 5, 2022
Nigeria lose more than $1 billion as result of under-production as OPEC raises oil quotas
Nigeria could lose as much as $1.085 billion in February if it is unable to meet its production oil quota,…
President Buhari signs 2022 Budget and Finance Act
December 31, 2021
President Buhari signs 2022 Budget and Finance Act
The 2022 Appropriation Act, as well as the 2021 Finance Act, have been signed by President Muhammadu Buhari. On Friday,…
Saraki calls on the government, private sector to ensure all Nigerians have access to health insurance
December 23, 2021
Saraki calls on the government, private sector to ensure all Nigerians have access to health insurance
Dr. Abubakar Bukola Saraki, the former Senate President, enrolled 1000 Kwarans in the Kwara State Health Insurance Scheme through his…
Lagos issues bond to raise N137.3 billion to fund infrastructure projects
December 21, 2021
Lagos issues bond to raise N137.3 billion to fund infrastructure projects
Mr. Babajide Sanwo-Olu, the Governor of Lagos State, signed a N137.3 billion 10-year bond yesterday to fund key infrastructural projects…