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By Tobias Adrian, Gita Gopinath, and Ceyla Pazarbasioglu In a continuous effort to help countries manage volatile cross-border capital flows, the IMF has taken a major step...
At the close of trade, the domestic equities market fell marginally by 4bps to close at 35,029.82 points due to sell-offs in FBNH (-0.7%), UBA (-0.6%) and ARDOVA (-8.7%). Consequently, investors...
Industrial Training Fund (ITF) presented a locally produced a 4D smart mobile cell phone. The phone made of locally sourced materials was introduced into the Nigerian...
Nigeria is a land of opportunity; a large population, hidden treasures and access to the ocean (This makes it easier for her to benefit from international...
The Federal Airports Authority of Nigeria , FAAN, said it has recovered N5, 242,434,128 part of outstanding debts owed by the airlines and other airport users. ...
Nigeria Civil Aviation Authority, NCAA , said it has reached an agreement with domestic airlines on how they will pay NCAA the outstanding Passengers Service Charge...
The Federal Government has signed an Investment Protection Agreement (IPA) with Morocco and Singapore to raise investing confidence. Permanent Secretary of the Ministry of Industry, Trade...
Nigeria’s total foreign trade for the third quarter of 2020 rose by 33.77% to stand at N8.4 trillion compared to N6.24 trillion recorded in the second...
The Ibadan Electricity Distribution Company (IBEDC), on Monday, said it lost more than N1.8 billion to the capping of estimated billing, describing it as a disservice...
The interim Governing Council of the Pan-African Payment and Settlement System (PAPSS) held its inaugural meeting in Cairo on 3 December 2020, a historic step towards...
The World Economic Forum has said that it will convene a Special Annual Meeting 2021 in Singapore from 13-16 May. It will return to Davos-Klosters, Switzerland,...
By Jennifer Elliott and Nigel Jenkinson Many of us take for granted the ability to withdraw money from our bank account, wire it to family in...
Benue State Governor, Mr Samuel Ortom applauded Air Peace airline as it commenced commercial flights into Makurdi, Benue State. With the inaugural flight, Air Peace is the...
Federal, State and Local Government shared a total of N682bn in October 2020 according tom data published by National Bureau of Statistics on its website. As...
For the second time in about six months, the International Maritime Organisation (IMO), a specialised agency of the United Nations responsible for regulating shipping, has extolled Nigeria’s leadership...