The Chairman, Association of Licensed Telecoms Operators of Nigeria (ALTON), Gbenga Adebayo, has dropped a hint…
Category: Business/Economy
CBN pegs daily transaction limits for ‘contactless’ payments
The Central Bank of Nigeria (CBN) has set a daily cumulative limit for contactless payments. The…
Subsidy removal: $800m loan to Nigeria approved in Dec 2021, World Bank clarifies
The World Bank, on Tuesday, clarified that the $800 million loan to Nigeria was approved in…
Dollar rate drops, Euro, Pound go up
The official market traders recorded a 0.25 per cent or N2 drop in the price of…
Businesses groan as checkpoints, illegal tolls on roads inflate cost
For a Lagos-based truck owner, Itunu Shonibare, the hauling business is becoming less attractive due to…
Tinubu would’ve lost 2023 presidential election if I had removed petrol subsidy, says Buhari
Former President Muhammadu Buhari has revealed reason his administration delayed removing subsidy of petrol, arguing that…
Confusion as AEDC debunks rumoured plan to increase electricity tariff
The Abuja Electricity Distribution Company (AEDC) has back pedaled on its decision to increase electricity tariff…
Eid-el-Kabir: FG suspends work on Lagos-Ibadan expressway
The Federal government has suspended construction work on the Lagos-Ibadan expressway to allow for easy traffic…
FG inflicts more pains on Nigerians with 40% hike in import duties on vehicles
The cost of importing vehicles – including mass transit units -and other imported commodities could increase…
Enugu still under sit-at-home spell despite Gov Mbah’s counter order
Schools, markets and sundry business premises in Enugu still remain shut on Mondays in observance of…