Business
Jaiz Bank, NAHCON launch Hajj Savings Scheme
By Emma Ujah MONEY MARKET Jaiz Bank Plc, in a bid to ease pilgrimage to Saudi Arabia for muslims, has launched the National Hajj Savings
Jay-Z Sells Half of Ace of Spades Champagne to LVMH
French conglomerate LVMH has purchased a 50% stake in rapper-mogul Jay-Z’s Champagne house, Armand de Brignac. Popularly known as ‘Ace of Spades’ for the vibrant metallic bottles that house the
Fuel subsidy hits N1.7bn/pd, as oil price hovers at $63.1/pb
By Udeme Akpan There are indications that despite the implementation of the no subsidy policy by the Federal Government, subsidy obligations of the government may have started mounting with
It’s unreasonable to expect foreign exchange rate to equal parallel market, Finance Minister tells NASS
Zainab Ahmed *** Says Nigeria, Technically out of Recession *** N1.74 trillion released as Capital Expenditure at year End 2020, representing 89% Performance *** As at end of December 2020,
Petrol subsidy removal will save N1trn, boost govt revenue – Experts
By Obas Esiedesa Experts have warned that unless the downstream sector of the petroleum industry is fully deregulated and libralised, Nigeria would pay almost N1 trillion as subsidy on premium
States jerk up deficit spending by 90% to N800bn
By Elizabeth Adegbesan The 36 state governments are set to incur about N800 billion budget deficit in 2021, representing a 90 per cent increase from the N420 billion recorded
CRYPTOCURRENCY BAN: Is the battle ground shifting?
cryptocurrency By Emeka Anaeto, Business Editor The furore over the ban on Crypto currency by the Central Bank of Nigeria, CBN, three weeks ago may appear to have settled, but
Anambra 2021: Ngige, PDP, APC can’t stop APGA – Umeh
By Clifford Ndujihe FORMER National Chairman of the All Progressives Grand Alliance, APGA, Senator Victor Umeh, poop-poohed claims by Senator Chris Ngige, minister of Labour and Employment, and leader of
FG finances record mixed performance
A map of Nigeria · Revenue hits 74% of target but deficit escalates · Analysts see downside to 2021 targets By Emeka Anaeto, Business Editor The state of the finances
Ways cryptocurrencies will make planet earth a better place
People have used cryptocurrencies like Bitcoin for more than a decade now. And, they keep getting better and popular every day. Today, almost everybody knows about digital currencies. But whether
