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Monday, November 18, 2024

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Business

Naira Devaluation: EFCC raids bureau de change in Abuja 

Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday stormed Wuse Zone 4, in the Federal Capital Territory, Abuja, the base of...

Stakeholders describe FG planned 5% tax on telecom services as anti-people, irresponsible

Major stakeholders in the telecommunications sector, the Association of Licensed Telecoms Operators of Nigeria, ALTON, Association of Telecommunications Companies of Nigeria, ATCON, and National...

Naira depreciation: Non-remittance of dollars by NNPC behind crisis – CBN

The Central Bank of Nigeria (CBN) has said non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for...

Fuel subsidy: Oando, AA Rano, others denies receiving payments

Oando Plc, AA Rano, Sahara Energy Resources, Hyde have all denied involvement in fuel subsidy payments before the House of Representatives ad hoc committee...

IMF dubs world economy gloomy, more uncertain, lowers forecast

The International Monetary Fund on Tuesday lowered its growth forecast and raised its inflation outlook due to recent blows to the pandemic-weakened world economy,...

Senate invites Emefiele over Naira depreciation

The Senate on Wednesday at plenary resolved to invite the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to educate and inform...

Rotary Club empowers widows with funds

The Rotary Club of Jos Metro has empowered some widows with funds to grow their small businesses and make them self-reliant. The empowerment programme which...

Oil theft: EU delegation, NNPC officials, JTF visit illegal refining sites

The European Union, the Nigerian National Petroleum Company Ltd (NNPC) and the Joint Task Force (JTF) Operation Delta Safe, on Friday visited an illegal...

Debt crisis: Nigeria is broke, Finance minister laments

Nigeria’s fiscal position worsened in the first four months of the year as the cost of repaying debt surpassed the government’s revenue in the...

NCAA suspends operations of DANA Airlines indefinitely

The Nigerian Civil Aviation Authority (NCAA) has suspended Dana Airlines’ Air Transport Licence (ATL) and Air Operator Certificate (AOC) indefinitely, with effect from midnight...

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