Business
Bank stops dollar transactions using naira debit cards
September 22, 2022
Bank stops dollar transactions using naira debit cards
As a result of the increasing scarcity of foreign exchange in Nigeria, First Bank of Nigeria has suspended the usage…
Nigeria’s public debt rises 2.98% to N42trn
September 20, 2022
Nigeria’s public debt rises 2.98% to N42trn
The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion ($100.07 billion) in March, rose…
It has no nutrition — FG to ban ‘ponmo’ to revive leather industry
September 19, 2022
It has no nutrition — FG to ban ‘ponmo’ to revive leather industry
The federal government says it is proposing legislation to ban the consumption of animal skin, locally known as ponmo, in…
We’re shutting down all airports until ASUU strike is over – NANS
September 17, 2022
We’re shutting down all airports until ASUU strike is over – NANS
Following a seven-month standoff between the Federal Government and the Academic Staff Union of Universities, ASUU, the National Association of…
Kia EV9 undergoes final technical testing ahead of 2023 debut
September 12, 2022
Kia EV9 undergoes final technical testing ahead of 2023 debut
Kia has revealed details of the final intensive testing programme undertaken by the Kia EV9 ahead of its world debut…
FG takes over Sani Abacha Int’l Airport in Gombe
September 12, 2022
FG takes over Sani Abacha Int’l Airport in Gombe
President Muhammadu Buhari has approved the federal government’s “takeover” of the Gombe airport. Inuwa Yahaya, governor of Gombe state, disclosed…
Inter- agency spat: ATCs in Kano plan to down tool as FAAN disconnects power over N500m debt
September 12, 2022
Inter- agency spat: ATCs in Kano plan to down tool as FAAN disconnects power over N500m debt
Airport Manager at the Mallam Aminu Kano Airport, Kano Gambo Aboki Abubakar may have cut the power off offices and…
IPMAN threatens to shut down operations in eastern zone over ‘harassment’
September 12, 2022
IPMAN threatens to shut down operations in eastern zone over ‘harassment’
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to withdraw its services in the eastern zone over alleged…
Uncertainty as dollar spending limit, suspension of virtual cards ground businesses in Nigeria
September 12, 2022
Uncertainty as dollar spending limit, suspension of virtual cards ground businesses in Nigeria
Over the past month, Nigeria’s commercial banks declared reduced limits on international transactions using naira debit cards to $20 per…
NBS: Nigeria raked in N714bn from company income tax in Q2 2022
September 12, 2022
NBS: Nigeria raked in N714bn from company income tax in Q2 2022
The National Bureau of Statistics (NBS) says Nigeria generated N714.40 billion from company income tax (CIT) in the second quarter…