The Minister of Works, Engr. David Umahi, has assured that Section One of the Lagos–Calabar Coastal…
Category: Business/Economy
World Bank okays March to approve fresh $500m loan for Nigeria
The World Bank is set to approve a fresh $500million loan to Nigeria next month to…
NDIC aims to recover N1.5tr from debtors of failed banks
The Nigeria Deposit Insurance Corporation (NDIC) has intensified efforts to recover an estimated N1.5 trillion owed…
Lagos govt imposes 5% tax on online betting winnings
Online betting practitioners in Lagos State will now face an immediate five per cent withholding tax on their…
Banks, telcos resolve 4-year N300bn USSD debt dispute
Banks and telecommunications operators in Nigeria have resolved a four-year dispute over nearly N300billion owed for…
Nigeria owes World Bank $18.7bn, 3rd largest
Nigeria’s debt to the World Bank’s concessional lending arm – the International Development Association (IDA) –…
PENGASSAN faults Tinubu’s Executive Order on oil revenue
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has faulted the Executive Order…
FAAN, MTN partner on free WiFi service at Lagos, Abuja airports
TheFederal Airports Authority of Nigeria (FAAN), and MTN Nigeria have launched free WiFi services at the…
2026 budget: Senate slams FG’s unrealistic assumptions, poor implementation
The Senate has faulted poor budget implementation by the Federal government in recent years, noticeable in…
EEDC explains blackout in parts of South East
The Enugu Electricity Distribution Company (EEDC) Plc has announced a partial national grid collapse that has…