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Business
SERAP sues FG, CBN over beneficiaries of COVID-19 palliatives
Socio-Economic Rights and Accountability Project (SERAP) has filed a case at the Federal High Court, Abuja to order the Federal…
Oil prices decline as global spike in COVID-19 cases worries traders
The recent spike in the US crude inventory caused major oil futures to face south on Friday, giving traders something to worry…
Drop in forex liquidity crashes Naira to N460/$
The shortage of foreign exchange (forex) to the market in Nigeria has started to take a huge toll on the local currency.
At the…
COVID-19: Lagos generated N25bn revenue during total lockdown
The Lagos Inland Revenue Service (LIRS) said it generated a whooping N25 billion through taxation in April when there was total…
Ikeja Electric announces date for take off of new tariffs
The management of Ikeja Electric Plc has said it will implement the revised electricity tariff from Wednesday, July 1, 2020.
A…
Ecobank Extends Zero Charge for Digital Money Transfers
Ecobank has extended its zero-charge fee for digital money transfers below N5,000 till the end of September this year.
In…
FAAN hikes passenger service fees for local, international flights
As the country prepares for the resumption of flights, the Federal Airports Authority of Nigeria (FAAN) has announced an increase…
Power sector shortfall hits N1.5t, DisCos gives reasons
Electricity Distribution Companies (DisCos) have said the power sector shortfall has hit N1.5trillion, resulting in different…
FCMB gets IFC’s support to boost SMEs affected by COVID-19 in Nigeria
International Finance Corporation (IFC), a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First…
ECOWAS leaders set for another meeting on adoption of single currency
HEADS of State of the Economic Community of West African States (ECOWAS) are set to meet to discuss issues bordering on the…