As controversy continue to trail the $1bn military spending, Nigeria’s Excess Crude Account has dropped further to $480 million from the $2.5bn recorded at the end...
Facebook has been ordered to pay a $5bn fine by the United States Government over privacy mishaps arising from its involvement with Cambridge Analytica The fine...
U.S. top aircraft manufacturer Boeing Company has posted a loss of about 3 billion U.S. dollars in earnings for the second quarter of 2019 due to...
Nigeria is facing the risk of never recovering about N5.5 trillion ($15 billion) of bad loans from 350 Nigerian firms and individuals, Asset Management Corporation, AMCON...
The Nigerian Communications Commission (NCC) says the active subscribers on the telecommunication networks reduced by 72,782 in April 2019. The telecommunications regulator disclosed this in its...
NigComSat-1R, Nigeria’s only communications satellite will outlive its usefulness by 2026, meaning that the satellite will expire by then. Recall that NigComSat-1, was designed and built...
Central Bank of Nigeria (CBN) has confirmed the licensing of three new banks by adding them under different lists published on its website. The new operators...
It is no longer news that agriculture is the new big thing, and many who are involved in it are making it. In any sector you...
By Chioma Obinagwam The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), Nigeria’s apex bank, has retained the Monetary Policy Rate (MPR) at...
The Managing Director of the Nigerian Ports Authority said ship owners are paying heavily to secure the vessels at the Nigeria’s eastern ports, due to activities...