Category: Business
Rich Nigerians to pay more for electricity
President Muhammadu Buhari has approved the implementation of the proposed cost-reflective electricity tariff for the Nigerian Electricity Supply Indu [...]
Filmmaker sues NBC, asks court to nullify amended broadcasting code
Charles Uwagbai, a Nigerian filmmaker, has instituted a lawsuit against the National Broadcasting Commission (NBC) over the controversial amendment of [...]
Nigeria’s economy records worst decline in 10 years
The Nigerian economy has declined by -6.10 per cent in the second quarter of 2020, indicating a significant negative growth. It is the worst in the la [...]
How new broadcasting code targets web TV, radio stations
Web TV and radio channels operating in Nigeria will henceforth be regulated under the same stringent policies that apply to traditional broadcasting c [...]
2.3m SMEs have benefited from TraderMoni, MarketMoni – Farouq
The federal government says 2.3 million small and medium-sized enterprises (SMEs) accessed interest-free loans under the Government Enterprise a [...]
FG reciprocates, bans EU flights from Nigeria
The FG says Nigeria will enforce the principle of reciprocity in granting permission for flights to airlines to resume operations into the country as [...]
Fidelity Bank’s island branches to close at 3pm over Third Mainland Bridge closure
The management of Fidelity Bank has adjusted the closing time of all its branches within the Lagos Island, Ikoyi, Victoria Island and Lekki axis to 3p [...]
Nigerian importers kick against surcharge on cargoes by international shipping firms
Tension is mounting at the nation’s sea ports where importers who are groaning under huge surcharge imposed on them by the international shipping firm [...]
High cost of poultry feed forces chickens to skip meals
The recent increase in the cost of poultry feed in the country has been forcing farmers to ration food for their chickens. Findings have shown that th [...]
Dangote Cement Promo produces 60 new millionaires
The ongoing Dangote Cement Bag of Goodies Promo season 2 has produced 60 millionaires spread across the nation, thereby cushioning the effects and imp [...]