Business
Passenger traffic declines by 74% over COVID-19 restrictions
Passenger traffic demand has declined by 74.7 per cent globally as countries mount various travel restrictions to check coronavirus new variants. The post Passenger traffic declines by 74% over COVID-19
‘Regulator should license MTN, Airtel to deepen mobile money’
To scale up Nigeria’s mobile money market to at the sub-regional front, the Central Bank of Nigeria (CBN) should extend licences to MTN and Airtel. The post ‘Regulator should license
Wabote says NCDMB will not invest in competitive private businesses
The Nigerian Content Development and Monitoring Board (NCDMB) would only partner with strategic policies and projects that are promoted by the Federal Government… The post Wabote says NCDMB will not
NIMASA, NRC, others partner to revive railway foundry
The Nigerian Maritime Administration and Safety Agency (NIMASA) in collaboration with Nigerian Railway Corporation (NRC) and the Bayelsa State Government are set… The post NIMASA, NRC, others partner to revive
‘Agric, telecoms are crucial to Nigeria’s unfolding economic revolution’
Nigeria is a key market for The Business Year (TBY). Since forging a partnership with the Presidency in 2014 and sending our first team in the same year… The post
Investors’ renewed appetite in highcap stocks pushes index by 0.02%
Investors renewed appetite in the shares of highly-capitalised (highcap) companies halted four days’ bearish run, causing the All-Share Index (ASI) to appreciate by 0.02 per cent. The post Investors’ renewed
IMF proposes $ 650b special drawing rights to members — Kristinalina Georgieva
…Harps on what Central Banks must do now …Says economic fortunes divergent dangerously Emma Ujah, Abuja Bureau Chief The International Monetary Fund (IMF) is to propose a $650 billion Special
FG revokes 4 Addax Petroleum’s Operating Mining Leases
offshore oil rig Re-awards assets to Kaztec Engineering By Emeka Anaeto & Udeme Akpan ENERGY THE Federal government has revoked four Oil Mining Leases, OMLs belonging to Addax
IMF raises Nigeria’s economic growth forecast to 2.5%
Emma Ujah, Abuja Bureau Chief ECONOMY The International Monetary Fund (IMF) has raised its economic growth forecast for Nigeria in 2021 to 2.5 per cent. The IMF
IMF Raises Nigeria’s 2021 GDP Growth Forecast to 2.5%
The International Monetary Fund (IMF) has revised upward its growth forecast for the Nigerian economy in 2021 from one per cent it had predicted in January to 2.5 per cent.

