Category: Business
Nigeria set to produce its own COVID-19 testing kits
Nigeria has recorded a breakthrough in the battle against coronavirus. The Nigeria Centre for Disease Control (NCDC) has successfully validated the fi [...]
Nigeria to get $1.5bn from World Bank
The World Bank is set to approve $1.5 billion dollars to Nigerian states as part of economic stimulus to cushion the impact of coronavirus, NAN report [...]
COVID-19: UBA upgrades with new banking channels
The United Bank for Africa (UBA) has upgraded its banking channels to deepen financial inclusion and encourage contactless banking. This comes after h [...]
COVID-19: FAAN cuts workers’ salaries
The Federal Airports Authority of Nigeria said it might not be able to pay full staff salaries as from May 2020 until there was an improvement in the [...]
Covid-19, an opportunity to reset Africa – Elumelu
The Chairman of the United Bank for Africa (UBA) Plc, Tony Elumelu, has stated that the Coronavirus Pandemic currently ravaging the world presents an [...]
Nothing wrong taking more loans – Presidency
Following criticism on the constant borrowing the Muhammadu Buhari’s government has embarked on since it came to power, the presidency has said that t [...]
Atiku advises FG to sell presidential jets, cancel N27bn National Assembly fund
Former Vice-President, Atiku Abubakar, has faulted the latest review of the 2020 budget by the Federal Government, saying it shows that the regime has [...]
COVID-19: CBN to grant loans to researchers to develop vaccine
The Central Bank of Nigeria (CBN) says it is developing a framework under which grants and long-term facilities will be provided to researchers, scien [...]
NNPC disengages 100 contract workers
Over 100 contract staff of the Nigerian National Petroleum Corporation, NNPC, who were stationed to work at refineries have been discontinued as the o [...]
Tinubu explains why BRT can’t afford to carry only 20 passengers
Primero Transport Services Limited, operators of bus rapid transit (BRT) in Lagos, says it is impossible for the company to break-even with the new tr [...]