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Entertainment

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Tech

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Blog

Naira redesign: CBN has my approval, Buhari clarifies
News

Buhari rescued Nigeria from recession twice – Zainab Ahmed

  The Finance Minister, Zainab Ahmed, said that the regime of the President, Major General Muhammadu Buhari (retd), rescued Nigeria from two recessions and has placed the country on track for growth and development. Ahmed said this during her interview session on Wednesday with Bloomberg TV at the World Economic Forum in Davos, Switzerland. The […]

Energy

We no longer rely on Russian energy – Germany

Germany’s Finance Minister, Christian Lindner, says his country has stopped importing energy directly from Russia. He told BBC that Germany no longer relies on Russian imports for its supply of energy even though Germany previously imported around half of its gas from Russia. Christian Lindner shared that the strategy of diversification of Germany’s energy infrastructure […]

Aviation

Lufthansa submits new bid for Italy’s ITA Airways

Bisola Fatoye On Wednesday, the world’s largest airline, Lufthansa, made a new offer for the struggling ITA Airways of Italy, bringing the tumultuous acquisition process closer to its conclusion. According to Lufthansa’s plan, the airline would first acquire a small part in the state-owned ITA, with the option “to purchase the entire shares at a […]

100% cashless economy possible in Nigeria - Emefiele
News

Emefiele back to CBN HQ after police saga

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, is in his office and going about his business, the apex bank has said. This CBN said this in response to online reports that heavy police presence was observed at his residence in Maitama, Abuja on Tuesday night. The spokesperson for the apex bank, Mr […]

News

PAPU, NIPOST urge African firms to embrace e-commerce

Bisola Fatoye The Nigerian Postal Service and the Pan Africa Postal Union have urged businesses in the Africa to embrace e-commerce for cross-border service delivery. The charge was made in a joint statement released on Tuesday by the NIPOST and PAPU’s secretary general, Mr Sifundo Chief Moyo, as the region’s postal industry as African nations […]

Business featured

Lagos airport customs revenue rises by 25%

Bisola Fatoye The Murtala Mohammed Airport Command of the Nigeria Customs Service generated N69.8 billion in income in 2022 as opposed to N55.67 billion in revenue in 2021. This was disclosed by the Customs Area Controller, Sambo Dangaladima, while outlining the command’s projected earnings for 2022. He said that the area command had never enjoyed […]

Naira redesign: CBN has my approval, Buhari clarifies
Appointments

Buhari appoints Abdul Muktar Family Homes MD

Bisola Fatoye The President, Major General Muhammadu Buhari(retd), has named Abdul Muktar as the Managing Director of Family Homes Funds Limited. His success Following the retirement of Femi Adewole a few months ago, Sani Yakubu served as acting MD. Mr. Muktar, who formerly served as the Senior Special Assistant to the President in the Office […]

Access Bank nears completion of National Bank of Kenya acquisition
Banking

Access Bank’s Kenyan expansion on course despite setback

Bisola Fatoye Access Bank Plc revealed that its efforts to advance regional trade finance and other cross-border banking services in the East African Community and larger COMESA region will not be affected by the cancellation of its proposed acquisition of Sidan Bank as it pursues its goal of becoming Africa’s gateway to the rest of […]

featured Policy and Regulations

New naira: Govs, Emefiele meet over policy

Wilson Adekumola Members of the Nigeria Governor’s Forum will on Thursday meet the Governor of Central Bank, Godwin Emefiele to discuss some of the bank’s recent policies. The NGF spokesperson, Abdulrazaque Bello-Barkindo said, in a statement on Tuesday night that “Governor’s plan to engage Emefiele on the economic and security implication of naira redesign and […]

Business

Business strategists reveal secret to start-up growth

An idea consultant and strategist, Bayode Oke, has urged startups to give more attention to building structures and strategies to survive and grow in the long-run. According to The PUNCH, Oke made this known at a closed boardroom event tagged, ‘Strategic foresighting: A peep into the future of startups in Nigeria’.The business strategist revealed that […]

Naira scarcity: Hardship vital for economy, says finance minister
News

Subsidy: Buhari regime borrowing to import fuel, says minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has revealed that the Federal Government sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills. According to The PUNCH, she stated this on Tuesday on the sidelines of the World Economic Forum in Davos, while speaking during an […]

How more taxes'll reduce debt load - FG
featured News

FG to remove fuel subsidy Q2 2023 – Finance minister

Nigeria’s Minister of Finance, Dr. Zainab Ahmed, has stated that it would be prudent for the Major General Muhammadu Buhari (retd.), led administration to begin phasing out fuel subsidies from the start of the second quarter of 2023. Ahmed stated this during an interview on Arise TV, while attending the ongoing in Davos, Switzerland on […]

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